Nevro Corp (NVRO, Financial) is set to release its Q3 2024 earnings on Nov 11, 2024. The consensus estimate for Q3 2024 revenue is $93.07 million, and the earnings are expected to come in at -$0.76 per share. The full year 2024's revenue is expected to be $402.55 million and the earnings are expected to be -$2.66 per share. More detailed estimate data can be found on the Forecast page.
Nevro Corp (NVRO, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Nevro Corp (NVRO) for the full year 2024 have declined from $404.89 million to $402.55 million, and for 2025, from $416.02 million to $412.6 million. Earnings estimates have also seen a downturn, with the full year 2024 estimates moving from -$2.58 per share to -$2.66 per share, and for 2025, from -$2.51 per share to -$2.56 per share.
Nevro Corp (NVRO, Financial) Reported History
In the previous quarter of June 30, 2024, Nevro Corp's (NVRO) actual revenue was $104.16 million, which missed analysts' revenue expectations of $107.348 million by -2.97%. Nevro Corp's (NVRO) actual earnings were -$0.53 per share, which beat analysts' earnings expectations of -$0.676 per share by 21.6%. After releasing the results, Nevro Corp (NVRO) was down by -44.42% in one day.
Nevro Corp (NVRO, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 12 analysts, the average target price for Nevro Corp (NVRO) is $9.79 with a high estimate of $40 and a low estimate of $4. The average target implies an upside of 83.36% from the current price of $5.34.
Based on GuruFocus estimates, the estimated GF Value for Nevro Corp (NVRO, Financial) in one year is $36.06, suggesting an upside of 575.28% from the current price of $5.34.
Based on the consensus recommendation from 16 brokerage firms, Nevro Corp's (NVRO, Financial) average brokerage recommendation is currently 3.3, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
