What Analysts Are Saying About Nevro Stock
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed reviews on Nevro Corp (NYSE:NVRO) with 1 somewhat bullish, 6 indifferent, and 1 somewhat bearish rating over the past three months. The average 12-month price target is $19.62, down from the previous $22.25. Recent actions include both lowered and raised price targets, with the highest at $23.00 and the lowest at $15.00. Nevro's financials show a revenue growth of 3.38% over 3 months, but it lags behind industry peers and has a net margin of -22.61%, ROE of -8.09%, ROA of -4.15%, and a high debt-to-equity ratio of 0.68.

January 12, 2024 | 12:00 pm
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Analysts have mixed opinions on NVRO, with a downward revision in the average price target to $19.62. Financial indicators show modest growth but poor profitability and high debt levels.
The mixed analyst ratings and the reduction in the average price target suggest a cautious or negative outlook, which could lead to short-term price pressure. The financial challenges highlighted, such as low profitability and high debt, reinforce the potential for a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100