Nevro - NVRO Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nevro in the last twelve months. There are currently 4 sell ratings, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NVRO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NVRO, but not buy additional shares or sell existing shares.
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14 analysts have issued 12-month price objectives for Nevro's stock. Their NVRO share price forecasts range from $31.00 to $95.00. On average, they predict the company's share price to reach $55.00 in the next twelve months. This suggests a possible upside of 42.2% from the stock's current price.
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Nevro's stock was trading at $39.60 at the beginning of 2023. Since then, NVRO shares have decreased by 2.3% and is now trading at $38.68.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
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Nevro will be holding an earnings conference call on Thursday, February 16th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Nevro Corp. (NYSE:NVRO) issued its quarterly earnings results on Sunday, November, 7th. The medical equipment provider reported ($0.86) EPS for the quarter, beating the consensus estimate of ($0.87) by $0.01. The medical equipment provider earned $93.21 million during the quarter, compared to analyst estimates of $91.59 million. Nevro had a negative trailing twelve-month return on equity of 40.89% and a negative net margin of 2.01%. Nevro's revenue was down 14.1% on a year-over-year basis. During the same period in the prior year, the business posted ($0.29) earnings per share.

Nevro updated its FY 2022 earnings guidance on Monday, January, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $406.40 million-$406.40 million, compared to the consensus revenue estimate of $405.14 million.

9 employees have rated Nevro Chief Executive Officer D. Keith Grossman on Glassdoor.com. D. Keith Grossman has an approval rating of 68% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Nevro investors own include AT&T (T), NVIDIA (NVDA), AbbVie (ABBV), Walt Disney (DIS), General Electric (GE), Micron Technology (MU), Gilead Sciences (GILD), Advanced Micro Devices (AMD), Adobe (ADBE) and Intuitive Surgical (ISRG).

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

Nevro's stock is owned by a variety of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.62%), Bank of Montreal Can (0.10%), Exchange Traded Concepts LLC (0.09%), Versor Investments LP (0.03%), Simplex Trading LLC (0.00%) and Zurcher Kantonalbank Zurich Cantonalbank (0.02%). Insiders that own company stock include D Keith Grossman, Elizabeth H Weatherman, Kashif Rashid, Kevin C Oboyle, Leslie Stretch, Michael F Demane, Michael F Demane, Niamh Louise Pellegrini and Shawn Mccormick.
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Shares of NVRO 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.
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One share of NVRO stock can currently be purchased for approximately $38.68.

Nevro (NYSE:NVRO) has a market capitalization of $1.37 billion and generates $386.90 million in revenue each year. The medical equipment provider earns $-131,360,000.00 in net income (profit) each year or ($0.33) on an earnings per share basis.

The company employs 945 workers across the globe.

Nevro's mailing address is 1800 BRIDGE PARKWAY, REDWOOD CITY CA, 94065. The official website for the company is www.nevro.com. The medical equipment provider can be reached via phone at (650) 251-0005 or via email at ir@nevro.com.