NVT Price Prediction Next Week
Based on the provided data and technical analysis, here is the prediction for NVT's stock price next week:
Technical Analysis
- Current price: $60.34 with strong momentum indicators
- Key support levels: $58.50, $56.75
- Key resistance levels: $63.25, $65.00
News Sentiment Analysis
- Barclays maintains Buy rating with $83 price target
- Strong analyst consensus with average price target of $88
- High options activity with significant interest in $75 May 2025 calls, indicating bullish sentiment
- Received 68% rating from Validea's Multi-Factor model, showing moderate strength
Price Prediction for Next Week
- Base case (60% probability): $62.50-$64.00
- Bullish case (25% probability): $64.00-$66.00
- Bearish case (15% probability): $58.00-$60.00
Trading Recommendation BUY with entry around $60.34-$61.00
- Strong institutional support and positive analyst ratings
- Momentum indicators showing upward trend
- Options flow suggesting bullish sentiment
- Set stop loss at $58.50
- First target: $63.25
- Second target: $65.00
The stock shows strong fundamentals and technical setup for continued upward movement, supported by positive analyst ratings and institutional interest. The high options activity in longer-dated calls suggests confidence in further upside potential.
NVT Similar Chart Price Prediction
The price of NVT is predicted to go up 9.26%, based on the high correlation periods with SENEB. The similarity of these two price pattern on the periods is 96.39%.
NVT
SENEB
Up: 9.26%Similarity: 96.39%
NVT Revenue Forecast
NVT EPS Forecast
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NVT Analyst's Forecast
Vladimir Bystricky
Citigroup
Strong Buy
2025-01-13
Price Target
$91 → $90
Upside
+30.64%
Citi lowered the firm's price target on nVent Electric to $90 from $91 and keeps a Buy rating on the shares. The Q4 earnings for industrial conglomerates and electrical equipment names should be largely in-line with expectations and reflective of "still mixed" underlying demand trends among industrial end markets with currency headwinds contributing to some earnings pressure that likely limits potential upside, the analyst tells investors in a research note. The firm says that with investors focused on 2025, it sees some "ongoing bifurcation" with respect to growth expectations as likely to continue into the new year. Citi's top picks into Q4 include Flowserve (FLS), Vertiv (VRT), Dover (DOV), and Honeywell (HON).
Deane Dray
RBC Capital
Buy
2025-01-03
Price Target
$80 → $85
Upside
+20.31%
Vladimir Bystricky
Citigroup
Strong Buy
2024-12-09
Price Target
$78 → $91
Upside
+21.22%
