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Nevro Corp has a consensus price target of $19.85 based on the ratings of 19 analysts. The high is $85 issued by SVB Leerink on February 24, 2022. The low is $4 issued by Wells Fargo on December 11, 2024. The 3 most-recent analyst ratings were released by Truist Securities, Citigroup, and Wells Fargo on December 18, 2024, December 11, 2024, and December 11, 2024, respectively. With an average price target of $4.57 between Truist Securities, Citigroup, and Wells Fargo, there's an implied 20.49% upside for Nevro Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Nevro (NYSE:NVRO) was reported by Truist Securities on December 18, 2024. The analyst firm set a price target for $4.70 expecting NVRO to rise to within 12 months (a possible 24.01% upside). 36 analyst firms have reported ratings in the last year.
The latest analyst rating for Nevro (NYSE:NVRO) was provided by Truist Securities, and Nevro maintained their hold rating.
The last upgrade for Nevro Corp happened on August 9, 2024 when Citigroup raised their price target to $6.89. Citigroup previously had a sell for Nevro Corp.
The last downgrade for Nevro Corp happened on December 2, 2024 when Morgan Stanley changed their price target from $9 to $4 for Nevro Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nevro, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nevro was filed on December 18, 2024 so you should expect the next rating to be made available sometime around December 18, 2025.
While ratings are subjective and will change, the latest Nevro (NVRO) rating was a maintained with a price target of $7.00 to $4.70. The current price Nevro (NVRO) is trading at is $3.79, which is out of the analyst’s predicted range.
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