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Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Why did Biden repeal Trump's Executive Order?! (Ad)
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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Why did Biden repeal Trump's Executive Order?! (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Why did Biden repeal Trump's Executive Order?! (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Why did Biden repeal Trump's Executive Order?! (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Why did Biden repeal Trump's Executive Order?! (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Why did Biden repeal Trump's Executive Order?! (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Why did Biden repeal Trump's Executive Order?! (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Why did Biden repeal Trump's Executive Order?! (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Why did Biden repeal Trump's Executive Order?! (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Why did Biden repeal Trump's Executive Order?! (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
NASDAQ:NUVA

NuVasive (NUVA) Stock Forecast, Price & News

$39.42
+0.87 (+2.26%)
(As of 06/2/2023 ET)
Compare
Today's Range
$38.64
$39.52
50-Day Range
$36.71
$44.15
52-Week Range
$35.17
$56.79
Volume
544,789 shs
Average Volume
946,826 shs
Market Capitalization
$2.07 billion
P/E Ratio
115.94
Dividend Yield
N/A
Price Target
$50.98

NuVasive MarketRank™ Forecast

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
29.3% Upside
$50.98 Price Target
Short Interest
Bearish
17.71% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.36mentions of NuVasive in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.35%
From $2.19 to $2.57 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Medical Sector

351st out of 983 stocks

Surgical & Medical Instruments Industry

33rd out of 97 stocks


NUVA stock logo

About NuVasive (NASDAQ:NUVA) Stock

NuVasive, Inc. engages in the development, manufacture, sale, and provision of procedural solutions for spine surgery. It offers a comprehensive portfolio of procedurally integrated spine surgery solutions, including surgical access instruments, spinal implants, fixation systems, biologics, and enabling technologies, as well as systems and services for intraoperative neuromonitoring. The company was founded by Alexis V. Lukianov on July 21, 1997 and is headquartered in San Diego, CA.

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NUVA Stock News Headlines

What 5 Analyst Ratings Have To Say About NuVasive
The Latest Analyst Ratings for NuVasive
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
NuVasive (NASDAQ:NUVA) Now Covered by StockNews.com
NuVasive (NASDAQ:NUVA) Coverage Initiated at StockNews.com
“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
RBC Capital Reaffirms Their Buy Rating on NuVasive (NUVA)
NuVasive (NASDAQ:NUVA) Price Target Raised to $56.00
Expert Ratings for NuVasive
NuVasive Announces First Quarter 2023 Financial Results
NuVasive: Q1 Earnings Snapshot
NuVasive's Earnings: A Preview
NuVasive (NUVA) Set to Announce Earnings on Wednesday
Q1 2023 Globus Medical Inc Earnings Call
See More Headlines

NUVA Price History

NUVA Company Calendar

Last Earnings
5/10/2023
Today
6/03/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
Health Care Equipment
Sector
Medical
Current Symbol
NASDAQ:NUVA
CUSIP
67070410
Employees
3,000
Year Founded
1997

Price Target and Rating

Average Stock Price Forecast
$50.98
High Stock Price Forecast
$58.00
Low Stock Price Forecast
$44.50
Forecasted Upside/Downside
+29.3%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
11 Analysts

Profitability

Net Income
$40.41 million
Pretax Margin
2.35%

Debt

Sales & Book Value

Annual Sales
$1.22 billion
Cash Flow
$5.08 per share
Book Value
$16.66 per share

Miscellaneous

Free Float
52,171,000
Market Cap
$2.07 billion
Optionable
Optionable
Beta
1.08

Social Links


Key Executives

  • J. Christopher BarryJ. Christopher Barry
    Chief Executive Officer & Director
  • Dale Wolf
    Senior Vice President-Global Operations
  • Matthew K. Harbaugh
    Chief Financial Officer & Executive Vice President
  • Kyle Malone
    Vice President-Scientific Affairs
  • Ryan Donahoe
    Chief Technology Officer & Senior Vice President













NUVA Stock - Frequently Asked Questions

Should I buy or sell NuVasive stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NuVasive in the last year. There are currently 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NUVA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NUVA, but not buy additional shares or sell existing shares.
View NUVA analyst ratings
or view top-rated stocks.

What is NuVasive's stock price forecast for 2023?

11 equities research analysts have issued 1-year price targets for NuVasive's stock. Their NUVA share price forecasts range from $44.50 to $58.00. On average, they expect the company's stock price to reach $50.98 in the next twelve months. This suggests a possible upside of 29.3% from the stock's current price.
View analysts price targets for NUVA
or view top-rated stocks among Wall Street analysts.

How have NUVA shares performed in 2023?

NuVasive's stock was trading at $41.24 at the beginning of 2023. Since then, NUVA shares have decreased by 4.4% and is now trading at $39.42.
View the best growth stocks for 2023 here
.

Are investors shorting NuVasive?

NuVasive saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 9,290,000 shares, an increase of 88.4% from the April 30th total of 4,930,000 shares. Based on an average trading volume of 966,900 shares, the days-to-cover ratio is presently 9.6 days.
View NuVasive's Short Interest
.

When is NuVasive's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our NUVA earnings forecast
.

How were NuVasive's earnings last quarter?

NuVasive, Inc. (NASDAQ:NUVA) posted its quarterly earnings data on Wednesday, May, 10th. The medical device company reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.06. The medical device company earned $307.71 million during the quarter, compared to the consensus estimate of $298.43 million. NuVasive had a net margin of 1.66% and a trailing twelve-month return on equity of 11.82%. During the same period in the prior year, the business posted $0.54 EPS.

How will NuVasive's stock buyback program work?

NuVasive declared that its Board of Directors has authorized a stock buyback program on Tuesday, November 9th 2021, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.5% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its stock is undervalued.

What guidance has NuVasive issued on next quarter's earnings?

NuVasive issued an update on its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.27 billion-$1.30 billion, compared to the consensus revenue estimate of $1.28 billion.

What is Chris Barry's approval rating as NuVasive's CEO?

59 employees have rated NuVasive Chief Executive Officer Chris Barry on Glassdoor.com. Chris Barry has an approval rating of 88% among the company's employees.

What other stocks do shareholders of NuVasive own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NuVasive investors own include BioMarin Pharmaceutical (BMRN), Incyte (INCY), Puma Biotechnology (PBYI), Intel (INTC), Alibaba Group (BABA), (MDVN) (MDVN), Micron Technology (MU), Bank of America (BAC), Gilead Sciences (GILD) and Applied Materials (AMAT).

What is NuVasive's stock symbol?

NuVasive trades on the NASDAQ under the ticker symbol "NUVA."

Who are NuVasive's major shareholders?

NuVasive's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.98%), Arrowstreet Capital Limited Partnership (2.12%), Geode Capital Management LLC (1.93%), Two Sigma Advisers LP (1.90%), Stephens Investment Management Group LLC (1.53%) and Burgundy Asset Management Ltd. (1.49%). Insiders that own company stock include James Christopher Barry, Lucas Vitale, Massimo Calafiore and Matthew Link.
View institutional ownership trends
.

How do I buy shares of NuVasive?

Shares of NUVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is NuVasive's stock price today?

One share of NUVA stock can currently be purchased for approximately $39.42.

How much money does NuVasive make?

NuVasive (NASDAQ:NUVA) has a market capitalization of $2.07 billion and generates $1.22 billion in revenue each year. The medical device company earns $40.41 million in net income (profit) each year or $0.34 on an earnings per share basis.

How many employees does NuVasive have?

The company employs 3,000 workers across the globe.

Does NuVasive have any subsidiaries?
The following companies are subsidiares of NuVasive: Biotronic NeuroNetwork, Ellipse Technologies, NuVasive Clinical Services Monitoring Inc., NuVasive Japan KK, NuVasive Specialized Orthopedics Inc., NuVasive Technology International Limited, SafePassage, Simplify Medical, and Vertera Spine.
Read More
How can I contact NuVasive?

NuVasive's mailing address is 7475 LUSK BOULEVARD, SAN DIEGO CA, 92121. The official website for the company is www.nuvasive.com. The medical device company can be reached via phone at (858) 909-1800, via email at investorrelations@nuvasive.com, or via fax at 800-475-9134.

This page (NASDAQ:NUVA) was last updated on 6/3/2023 by MarketBeat.com Staff

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