Nuvve (NVVE) Stock Forecast, Price Target & Predictions


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NVVE Stock Forecast


Nuvve stock forecast is as follows: an average price target of $11.00 (represents a 200.55% upside from NVVE’s last price of $3.66) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

NVVE Price Target


The average price target for Nuvve (NVVE) is $11.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $11.00. This represents a potential 200.55% upside from NVVE's last price of $3.66.

NVVE Analyst Ratings


Buy

According to 1 Wall Street analysts, Nuvve's rating consensus is 'Buy'. The analyst rating breakdown for NVVE stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Nuvve Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 08, 2022-Chardan Capital$11.00$3.77191.39%200.55%
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The latest Nuvve stock forecast, released on Aug 08, 2022 by Chardan Capital company, set a price target of $11.00, which represents a 191.39% increase from the stock price at the time of the forecast ($3.77), and a 200.55% increase from NVVE last price ($3.66).

Nuvve Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$3.66$3.66$3.66
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Nuvve stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nuvve's last price of $3.66. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 08, 2022Chardan CapitalBuyBuyHold
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Nuvve's last stock rating was published by Chardan Capital on Aug 08, 2022. The company gave NVVE a "Buy" rating, the same as its previous rate.

Nuvve Financial Forecast


Nuvve Revenue Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Revenue----$1.64M-$2.12M$1.78M$1.10M$487.82K$1.07M$2.25M$1.25M$682.90K$766.52K$311.90K
Avg Forecast$8.09M$6.87M$5.37M$4.22M$2.96M$1.92M$1.30M$570.48K$700.00K$3.20M$3.65M$5.14M$3.81M$3.40M$2.50M$1.90M
High Forecast$8.09M$6.87M$5.37M$4.22M$3.82M$1.92M$1.30M$570.48K$700.00K$3.20M$3.65M$5.14M$3.81M$3.40M$2.50M$1.90M
Low Forecast$8.09M$6.87M$5.37M$4.22M$2.10M$1.92M$1.30M$570.48K$700.00K$3.20M$3.65M$5.14M$3.81M$3.40M$2.50M$1.90M
# Analysts1111111111111111
Surprise %----0.56%-1.63%3.12%1.58%0.15%0.29%0.44%0.33%0.20%0.31%0.16%

Nuvve's average Quarter revenue forecast for Mar 24 based on 1 analysts is $4.22M, with a low forecast of $4.22M, and a high forecast of $4.22M. NVVE's average Quarter revenue forecast represents a 156.87% increase compared to the company's last Quarter revenue of $1.64M (Dec 23).

Nuvve EBITDA Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts1111111111111111
EBITDA----$-7.45M-$-8.32M$-7.51M$-9.69M$-8.66M$33.38M$-9.95M$-8.62M$-6.80M$-6.15M$-4.72M
Avg Forecast$-8.09M$-6.87M$-5.37M$-4.22M$-2.96M$-1.92M$-1.30M$-570.48K$-700.00K$-3.20M$-3.65M$-5.14M$-3.81M$-3.40M$-2.50M$-3.98M
High Forecast$-8.09M$-6.87M$-5.37M$-4.22M$-2.10M$-1.92M$-1.30M$-570.48K$-700.00K$-3.20M$-3.65M$-5.14M$-3.81M$-3.40M$-2.50M$-3.18M
Low Forecast$-8.09M$-6.87M$-5.37M$-4.22M$-3.82M$-1.92M$-1.30M$-570.48K$-700.00K$-3.20M$-3.65M$-5.14M$-3.81M$-3.40M$-2.50M$-4.78M
Surprise %----2.52%-6.40%13.17%13.84%2.71%-9.14%1.94%2.26%2.00%2.46%1.19%

1 analysts predict NVVE's average Quarter EBITDA for Sep 22 to be $-3.20M, with a high of $-3.20M and a low of $-3.20M. This is -109.59% lower than Nuvve's previous annual EBITDA (Jun 22) of $33.38M.

Nuvve Net Income Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts1111111111111111
Net Income----$-7.52M-$-8.22M$-18.93B$-7.71M$-7.80M$-94.56M$-8.52M$-9.21M$-6.36M$-6.19M$-5.65M
Avg Forecast$-199.37M$-224.29M$-249.21M$-274.13M$-348.90M$-647.95M$-947.00M$-1.02B$-834.86M$-872.24M$-1.02B$-847.32M$-880.55M$-822.40M$-747.63M$-4.52M
High Forecast$-199.37M$-224.29M$-249.21M$-274.13M$-348.90M$-647.95M$-947.00M$-1.02B$-834.86M$-872.24M$-1.02B$-847.32M$-880.55M$-822.40M$-747.63M$-3.61M
Low Forecast$-199.37M$-224.29M$-249.21M$-274.13M$-348.90M$-647.95M$-947.00M$-1.02B$-834.86M$-872.24M$-1.02B$-847.32M$-880.55M$-822.40M$-747.63M$-5.42M
Surprise %----0.02%-0.01%18.53%0.01%0.01%0.09%0.01%0.01%0.01%0.01%1.25%

Nuvve's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. NVVE's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Nuvve SG&A Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts1111111111111111
SG&A----$5.94M-$6.10M$6.17M$7.19M$7.16M$8.14M$7.63M$6.54M$6.60M$5.27M$4.48M
Avg Forecast$35.13M$29.85M$23.34M$18.35M$12.86M$8.35M$5.65M$2.48M$3.04M$13.90M$15.86M$22.31M$16.56M$14.77M$10.86M$8.25M
High Forecast$35.13M$29.85M$23.34M$18.35M$16.61M$8.35M$5.65M$2.48M$3.04M$13.90M$15.86M$22.31M$16.56M$14.77M$10.86M$8.25M
Low Forecast$35.13M$29.85M$23.34M$18.35M$9.11M$8.35M$5.65M$2.48M$3.04M$13.90M$15.86M$22.31M$16.56M$14.77M$10.86M$8.25M
Surprise %----0.46%-1.08%2.49%2.36%0.52%0.51%0.34%0.40%0.45%0.49%0.54%

Nuvve's average Quarter SG&A projection for Mar 24 is $18.35M, based on 1 Wall Street analysts, with a range of $18.35M to $18.35M. The forecast indicates a 208.77% rise compared to NVVE last annual SG&A of $5.94M (Dec 23).

Nuvve EPS Forecast

Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts1111111111111111
EPS----$-6.98-$-0.30$-769.58$-0.32$-0.36$-4.96$-0.45$-0.49$-0.34$-0.33$-0.54
Avg Forecast$-32.00$-36.00$-40.00$-44.00$-56.00$-104.00$-152.00$-164.00$-134.00$-140.00$-164.00$-136.00$-141.33$-132.00$-120.00$-48.00
High Forecast$-32.00$-36.00$-40.00$-44.00$-56.00$-104.00$-152.00$-164.00$-134.00$-140.00$-164.00$-136.00$-141.33$-132.00$-120.00$-48.00
Low Forecast$-32.00$-36.00$-40.00$-44.00$-56.00$-104.00$-152.00$-164.00$-134.00$-140.00$-164.00$-136.00$-141.33$-132.00$-120.00$-48.00
Surprise %----0.12%-0.00%4.69%0.00%0.00%0.03%0.00%0.00%0.00%0.00%0.01%

According to undefined Wall Street analysts, Nuvve's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to NVVE previous annual EPS of $NaN (undefined).

Nuvve Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
IMBIiMedia Brands$0.11$9.008081.82%Buy
CHPTChargePoint$1.33$12.40832.33%Buy
NVVENuvve$3.66$11.00200.55%Buy
WOOFPetco Health and Wellness Company$4.30$9.42119.07%Buy
ULTAUlta Beauty$383.90$446.9216.42%Hold
DKSDICK'S Sporting Goods$196.73$225.9014.83%Buy
BBYBest Buy$92.82$96.193.63%Buy

NVVE Forecast FAQ


Yes, according to 1 Wall Street analysts, Nuvve (NVVE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of NVVE's total ratings.

Nuvve (NVVE) average price target is $11 with a range of $11 to $11, implying a 200.55% from its last price of $3.66. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for NVVE stock, the company can go up by 200.55% (from the last price of $3.66 to the average price target of $11), up by 200.55% based on the highest stock price target, and up by 200.55% based on the lowest stock price target.

NVVE's average twelve months analyst stock price target of $11 supports the claim that Nuvve can reach $5 in the near future.

NVVE's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $24.56M (high $24.56M, low $24.56M), average EBITDA is $-24.557M (high $-24.557M, low $-24.557M), average net income is $-947M (high $-947M, low $-947M), average SG&A $106.68M (high $106.68M, low $106.68M), and average EPS is $-152 (high $-152, low $-152).

Based on Nuvve's last annual report (Dec 2023), the company's revenue was $8.33M, beating the average analysts forecast of $6.75M by 23.37%. Apple's EBITDA was $-32.105M, beating the average prediction of $-6.754M by 375.36%. The company's net income was $-32.216M, missing the average estimation of $-2.966B by -98.91%. Apple's SG&A was $24.69M, missing the average forecast of $29.34M by -15.83%. Lastly, the company's EPS was $-40.36, missing the average prediction of $-476 by -91.52%. In terms of the last quarterly report (Dec 2023), Nuvve's revenue was $1.64M, missing the average analysts' forecast of $2.96M by -44.45%. The company's EBITDA was $-7.448M, beating the average prediction of $-2.961M by 151.55%. Nuvve's net income was $-7.519M, missing the average estimation of $-349M by -97.84%. The company's SG&A was $5.94M, missing the average forecast of $12.86M by -53.79%. Lastly, the company's EPS was $-6.98, missing the average prediction of $-56 by -87.54%