These Analysts Increase Their Forecasts On nVent Electric Following Q4 Results - nVent Electric (NYSE:NVT)
nVentnVent(US:NVT) Benzinga·2026-02-09 17:21

Core Viewpoint - nVent Electric plc reported in-line earnings for Q4, with earnings per share meeting analyst expectations and sales exceeding them, indicating strong performance and positive outlook for FY2026 [1] Financial Performance - The company posted quarterly earnings of 90 cents per share, aligning with analyst consensus estimates [1] - Quarterly sales reached $1.067 billion, surpassing the analyst consensus estimate of $1.005 billion [1] Future Guidance - nVent Electric anticipates FY2026 adjusted EPS in the range of $4.00 to $4.15, compared to market estimates of $4.06 [1] - The company expects FY2026 sales between $4.477 billion and $4.594 billion, exceeding estimates of $4.426 billion [1] Stock Performance - Following the earnings announcement, nVent Electric shares increased by 4.5%, trading at $117.72 [2] Analyst Ratings and Price Targets - Keybanc analyst Jeffrey Hammond maintained an Overweight rating and raised the price target from $125 to $130 [3] - Barclays analyst Julian Mitchell also maintained an Overweight rating, increasing the price target from $140 to $141 [3] - RBC Capital analyst Deane Dray kept an Outperform rating and raised the price target from $136 to $138 [3]

These Analysts Increase Their Forecasts On nVent Electric Following Q4 Results - nVent Electric (NYSE:NVT) - Reportify