NYSE:NVRO - Nevro Stock Price, Forecast & News

Nevro trades on the New York Stock Exchange (NYSE) under the ticker symbol "NVRO."

Nevro Corp (NYSE:NVRO) posted its earnings results on Wednesday, November, 6th. The medical equipment provider reported ($0.58) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.85) by $0.27. The medical equipment provider had revenue of $100.16 million for the quarter, compared to the consensus estimate of $92.27 million. Nevro had a negative net margin of 25.94% and a negative return on equity of 46.35%. The business's quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.37) earnings per share. View Nevro's Earnings History.

Nevro is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Nevro.

Nevro will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Nevro issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Tuesday, January, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $114.4-114.4 million, compared to the consensus revenue estimate of $109.73 million.

12 analysts have issued 1-year price targets for Nevro's stock. Their forecasts range from $65.00 to $150.00. On average, they expect Nevro's share price to reach $103.83 in the next twelve months. This suggests that the stock has a possible downside of 25.7%. View Analyst Price Targets for Nevro.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nevro in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nevro.

Press coverage about NVRO stock has been trending somewhat positive on Monday, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nevro earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave news coverage about the medical equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Nevro.

Nevro saw a drop in short interest in January. As of January 31st, there was short interest totalling 2,610,000 shares, a drop of 9.1% from the January 15th total of 2,870,000 shares. Based on an average trading volume of 443,000 shares, the short-interest ratio is currently 5.9 days. Approximately 8.8% of the shares of the company are short sold. View Nevro's Current Options Chain.

Some companies that are related to Nevro include Insulet (PODD), Novocure (NVCR), ABIOMED (ABMD), Hill-Rom (HRC), Penumbra (PEN), Haemonetics (HAE), Globus Medical (GMED), Tandem Diabetes Care (TNDM), Integra Lifesciences (IART), ICU Medical (ICUI), NuVasive (NUVA), Cantel Medical (CMD), Glaukos (GKOS), Irhythm Technologies (IRTC) and Merit Medical Systems (MMSI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Nevro investors own include AT&T (T), NVIDIA (NVDA), Gilead Sciences (GILD), AbbVie (ABBV), Incyte (INCY), Micron Technology (MU), Starbucks (SBUX), ABIOMED (ABMD), Celgene (CELG) and Intercept Pharmaceuticals (ICPT).

Nevro's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Fred Alger Management LLC (6.17%), Franklin Resources Inc. (4.30%), Jackson Square Partners LLC (3.91%), Perceptive Advisors LLC (2.46%), State Street Corp (2.29%) and Lord Abbett & CO. LLC (1.92%). Company insiders that own Nevro stock include Andrew H Galligan, Doug Alleavitch, Elizabeth H Weatherman, Kevin C Oboyle, Shawn Mccormick and Wilfred E Jaeger. View Institutional Ownership Trends for Nevro.

NVRO stock was sold by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, Jackson Square Partners LLC, Perceptive Advisors LLC, Point72 Asset Management L.P., Franklin Resources Inc., Barclays PLC, Spark Investment Management LLC and Lord Abbett & CO. LLC. Company insiders that have sold Nevro company stock in the last year include Andrew H Galligan, Doug Alleavitch and Shawn Mccormick. View Insider Buying and Selling for Nevro.

NVRO stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Renaissance Technologies LLC, Partner Fund Management L.P., State of New Jersey Common Pension Fund D, Delta Investment Management LLC, Goldman Sachs Group Inc. and Fred Alger Management LLC. Company insiders that have bought Nevro stock in the last two years include Elizabeth H Weatherman and Kevin C Oboyle. View Insider Buying and Selling for Nevro.

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

One share of NVRO stock can currently be purchased for approximately $139.66.

Nevro has a market capitalization of $4.33 billion and generates $387.29 million in revenue each year. The medical equipment provider earns $-49,210,000.00 in net income (profit) each year or ($1.64) on an earnings per share basis. Nevro employs 804 workers across the globe.View Additional Information About Nevro.

The official website for Nevro is http://www.nevro.com/.

Nevro's mailing address is 1800 BRIDGE PARKWAY, REDWOOD CITY CA, 94065. The medical equipment provider can be reached via phone at 650-251-0005 or via email at [email protected]