NATIONAL INSTRUMENTS CORP (NATI) Forecast, Price Target & Analyst Ratings

NASDAQ:NATI • US6365181022

Current stock price

59.98 USD
0 (0%)
At close:
59.98 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NATIONAL INSTRUMENTS CORP (NATI).

Forecast Snapshot

Consensus Price Target

Price Target
$61.20
+ 2.03% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Oct 25, 2023
Period
Q3 / 2023
EPS Estimate
$0.57
Revenue Estimate
428.34M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
50.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$61.20
Upside
+ 2.03%
From current price of $59.98 to mean target of $61.20, Based on 10 analyst forecasts
Low
$60.60
Median
$61.20
High
$63.00

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

10 Wall Street analysts provided a forecast for the next 12 months for NATI. The average price target is 61.2 USD. This implies a price increase of 2.03% is expected in the next year compared to the current price of 59.98.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NATI Current Analyst RatingNATI Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

NATI Historical Analyst RatingsNATI Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
50.00%
NATI was analyzed by 10 analysts. The buy percentage consensus is at 50. So analysts seem to be rather neutral about NATI.
In the previous month the buy percentage consensus was at a similar level.
NATI was analyzed by 10 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-04-14JefferiesDowngrade Buy -> Hold
2023-04-13SusquehannaDowngrade Positive -> Neutral
2023-04-13Morgan StanleyDowngrade Equal-Weight
2023-02-01BairdDowngrade Outperform -> Neutral
2023-01-17Morgan StanleyReiterate Overweight
2022-12-13Morgan StanleyMaintains Overweight
2022-11-22JefferiesInitiate Buy
2022-10-28Goldman SachsMaintains Buy
2022-10-28Morgan StanleyMaintains Overweight
2022-10-20UBSInitiate Neutral
2022-10-11Morgan StanleyMaintains Overweight
2022-10-10JP MorganMaintains Neutral
2022-09-16Morgan StanleyMaintains Overweight
2022-07-14JP MorganMaintains Neutral
2022-06-01Goldman SachsMaintains Buy
2022-01-28SusquehannaUpgrade Neutral -> Positive
2021-12-13JP MorganUpgrade Underweight -> Neutral
2021-12-08Morgan StanleyInitiate Overweight
2021-09-27Goldman SachsUpgrade Neutral -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Oct 25, 2023
Period
Q3 / 2023
EPS Estimate
$0.57
Revenue Estimate
428.34M
Revenue Q2Q
0.10%
EPS Q2Q
7.00%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
99,900.90%
Revenue (3 Months)
-5.40%
EPS (1 Month)
0.00%
EPS (3 Months)
-11.18%

Next Earnings Summary

NATI is expected to report earnings on 10/25/2023. The consensus EPS estimate for the next earnings is 0.57 USD and the consensus revenue estimate is 428.34M USD.
The next earnings revenue estimate has been revised downward by 5.4% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2023 - 2027

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025 2026 2027
Revenue
YoY % growth
NATI revenue by date.NATI revenue by date.
1.287B
-4.91%		1.47B
14.22%		1.657B
12.74%		1.768B
6.70%		1.905B
7.75%		2.07B
8.66%		2.372B
14.59%		2.509B
5.78%
EBITDA
YoY % growth
NATI ebitda by date.NATI ebitda by date.
202.8M
-21.97%		244.684M
20.65%		281.142M
14.90%		447.84M
59.29%		498.02M
11.20%		554.32M
11.30%		506.54M
-8.62%		528.16M
4.27%
EBIT
YoY % growth
NATI ebit by date.NATI ebit by date.
115.7M
-37.93%		145.282M
25.57%		190.435M
31.08%		361.4M
89.78%		411.43M
13.84%		427.53M
3.91%		N/AN/A
Operating Margin
NATI operating margin by date.NATI operating margin by date.
8.99%9.89%11.49%20.44%21.60%20.65%N/AN/A
EPS
YoY % growth
NATI eps by date.NATI eps by date.
1.09
-11.38%		0.66
-39.45%		1.71
159.09%		2.42
41.27%		2.88
19.28%		3.23
12.21%		3.64
12.62%		3.87
6.16%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth		0.57
7.00%		0.68
7.18%		0.60
-3.76%		0.63
24.50%		0.76
33.99%		0.92
36.71%		0.70
17.95%		0.69
9.24%		0.79
3.36%		0.87
-6.08%
Revenue
Q2Q % growth		428.34M
0.10%		453.23M
1.11%		424.02M
-2.93%		430.16M
3.20%		467.76M
9.20%		518.72M
14.45%		463.09M
9.21%		458.44M
6.57%		487.67M
4.26%		535.61M
3.26%
EBITDA
Q2Q % growth		117.58M
-2.31%		144.45M
-15.79%		118.8M
23.38%		103.52M
-4.17%		130.19M
10.72%		161.7M
11.94%		128.91M
8.51%		126.6M
22.30%		144.33M
10.86%		160.05M
-1.02%
EBIT
Q2Q % growth		91.212M
77.01%		108.37M
34.06%		95.271M
28.67%		101.42M
62.32%		124.39M
36.37%		153.38M
41.53%		116.3M
22.07%		114.01M
12.41%		129.99M
4.50%		143M
-6.77%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

NATI Yearly Revenue VS EstimatesNATI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B 2.5B
NATI Yearly EPS VS EstimatesNATI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
23.66%
EPS Next 5 Year
17.72%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
6.85%
Revenue Next 5 Year
8.13%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
24.81%
EBIT Next 5 Year
13.12%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NATIONAL INSTRUMENTS CORP / NATI Forecast FAQ

What do analysts expect the price target to be for NATIONAL INSTRUMENTS CORP (NATI)?

10 analysts have analysed NATI and the average price target is 61.2 USD. This implies a price increase of 2.03% is expected in the next year compared to the current price of 59.98.

Can you provide the upcoming earnings date for NATIONAL INSTRUMENTS CORP?

NATIONAL INSTRUMENTS CORP (NATI) will report earnings on 2023-10-25, after the market close.

Can you provide the consensus estimates for NATIONAL INSTRUMENTS CORP next earnings?

The consensus EPS estimate for the next earnings of NATIONAL INSTRUMENTS CORP (NATI) is 0.57 USD and the consensus revenue estimate is 428.34M USD.

What is the expected long term growth rate for NATIONAL INSTRUMENTS CORP (NATI)?

The expected long term growth rate for NATIONAL INSTRUMENTS CORP (NATI) is 6.85%.