Eneti Inc (NETI) Forecast, Price Target & Analyst Ratings

NYSE:NETI • MHY2294C1075

Current stock price

11.33 USD
+0.01 (+0.09%)
At close:
11.33 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 Eneti Inc (NETI).

Forecast Snapshot

Consensus Price Target

Price Target
$15.61
+ 37.74% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Feb 7, 2024
Period
Q4 / 2023
EPS Estimate
$0.14
Revenue Estimate
35.364M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
86.67%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$15.61
Upside
+ 37.74%
From current price of $11.33 to mean target of $15.61, Based on 12 analyst forecasts
Low
$14.14
Median
$14.79
High
$17.85

Price Target Revisions

1 Month
2.57%
3 Months
5.52%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for NETI. The average price target is 15.61 USD. This implies a price increase of 37.74% is expected in the next year compared to the current price of 11.33.
The average price target has been revised upward by 5.52% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NETI Current Analyst RatingNETI Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

NETI Historical Analyst RatingsNETI 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 5 10

Analyst Ratings Consensus

ChartMill Buy Consensus
86.67%
NETI was analyzed by 12 analysts. The buy percentage consensus is at 87. So analysts seem to be very confident about NETI.
In the previous month the buy percentage consensus was at a similar level.
NETI was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-06-22CitigroupDowngrade Buy -> Neutral
2023-06-20B. Riley SecuritiesMaintains Buy -> Buy
2023-03-10CitigroupMaintains Buy
2022-11-17CitigroupMaintains Buy
2022-10-25CitigroupMaintains Buy
2022-09-13JefferiesInitiate Buy
2022-02-11CitigroupInitiate Buy
2022-01-21JefferiesUpgrade Hold -> Buy
2021-11-15StifelUpgrade Hold -> Buy
2021-08-19JefferiesMaintains Hold
2021-05-18JefferiesMaintains Hold

Next Earnings Forecast Details

Next Earnings Details

Release Date
Feb 7, 2024
Period
Q4 / 2023
EPS Estimate
$0.14
Revenue Estimate
35.364M
Revenue Q2Q
-24.11%
EPS Q2Q
-55.38%
Number of Analysts
9

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-2.41%
EPS (1 Month)
0.00%
EPS (3 Months)
347.04%

Next Earnings Summary

NETI is expected to report earnings on 2/7/2024. The consensus EPS estimate for the next earnings is 0.14 USD and the consensus revenue estimate is 35.36M USD.
The next earnings revenue estimate has been revised downward by 2.41% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

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

2020 2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
NETI revenue by date.NETI revenue by date.
163.7M
-27.11%		144M
-12.03%		199.3M
38.40%		136.75M
-31.38%		140.33M
2.62%		265.45M
89.16%		298.17M
12.33%
EBITDA
YoY % growth
NETI ebitda by date.NETI ebitda by date.
14.17M
-79.76%		-44.01M
-410.59%		78.8M
279.05%		30.473M
-61.33%		53.546M
75.72%		151.6M
183.12%		169.42M
11.75%
EBIT
YoY % growth
NETI ebit by date.NETI ebit by date.
-34.2M
-316.46%		-54.2M
-58.48%		54.2M
200.00%		-23.074M
-142.57%		37.118M
260.87%		121.43M
227.15%		138.38M
13.96%
Operating Margin
NETI operating margin by date.NETI operating margin by date.
-20.89%-37.64%27.20%-16.87%26.45%45.74%46.41%
EPS
YoY % growth
NETI eps by date.NETI eps by date.
-66.20
-3,210.00%		3.58
105.41%		2.74
-23.46%		-1.51
-155.28%		0.40
126.60%		1.92
375.95%		2.62
36.44%

All data in USD

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

Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth		0.14
-55.38%		-0.28
42.13%		0.08
106.15%		0.06
-87.46%		-0.02
-116.79%		0.02
107.71%		0.17
104.88%		0.20
232.20%		0.36
1,610.64%
Revenue
Q2Q % growth		35.364M
-24.11%		15.157M
9.67%		36.217M
-6.78%		35.359M
-33.53%		24.742M
-30.04%		41.949M
176.76%		66.368M
83.25%		74.764M
111.44%		58.651M
137.05%
EBITDA
Q2Q % growth		11.873M
-65.68%		-6.383M
52.26%		17.456M
13.72%		17.594M
-47.66%		3.463M
-70.83%		16.576M
359.68%		39.781M
127.89%		45.54M
158.84%		29.676M
756.94%
EBIT
Q2Q % growth		6.778M
-32.15%		-11.991M
38.06%		12.143M
278.29%		11.291M
-33.43%		-7.036M
-203.81%		3.176M
126.49%		41.237M
239.59%		49.942M
342.32%		12.884M
283.12%

All data in USD

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

NETI Yearly Revenue VS EstimatesNETI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 50M 100M 150M 200M 250M
NETI Yearly EPS VS EstimatesNETI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 -20 -40 -60

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-11.22%
EPS Next 5 Year
-1.15%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
11.84%
Revenue Next 5 Year
11.96%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
57.90%
EBIT Next 5 Year
44.83%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Eneti Inc / NETI Forecast FAQ

What do analysts expect the price target to be for Eneti Inc (NETI)?

12 analysts have analysed NETI and the average price target is 15.61 USD. This implies a price increase of 37.74% is expected in the next year compared to the current price of 11.33.

Can you provide the upcoming earnings date for Eneti Inc?

Eneti Inc (NETI) will report earnings on 2024-02-07, after the market close.

What are the consensus estimates for NETI stock next earnings?

The consensus EPS estimate for the next earnings of Eneti Inc (NETI) is 0.14 USD and the consensus revenue estimate is 35.36M USD.

Can you provide the consensus rating for Eneti Inc stock?

The consensus rating for Eneti Inc (NETI) is 86.6667 / 100 . This indicates that analysts generally have a positive outlook on the stock.