Eneti Inc (NETI) Forecast, Price Target & Analyst Ratings
NYSE:NETI • MHY2294C1075
11.33 USD
+0.01 (+0.09%)
At close: Dec 28, 2023
11.33 USD
0 (0%)
After Hours: 12/28/2023, 8:04:01 PM
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
$15.61
+ 37.74% Upside
Next Earnings Forecast
Release DateFeb 7, 2024
PeriodQ4 / 2023
EPS Estimate$0.14
Revenue Estimate35.364M
ChartMill Buy Consensus
86.67%
Weighted Analyst Rating Score
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.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
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.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-06-22 | Citigroup | Downgrade | Buy -> Neutral |
| 2023-06-20 | B. Riley Securities | Maintains | Buy -> Buy |
| 2023-03-10 | Citigroup | Maintains | Buy |
| 2022-11-17 | Citigroup | Maintains | Buy |
| 2022-10-25 | Citigroup | Maintains | Buy |
| 2022-09-13 | Jefferies | Initiate | Buy |
| 2022-02-11 | Citigroup | Initiate | Buy |
| 2022-01-21 | Jefferies | Upgrade | Hold -> Buy |
| 2021-11-15 | Stifel | Upgrade | Hold -> Buy |
| 2021-08-19 | Jefferies | Maintains | Hold |
| 2021-05-18 | Jefferies | Maintains | Hold |
Next Earnings Forecast Details
Next Earnings Details
Release DateFeb 7, 2024
PeriodQ4 / 2023
EPS Estimate$0.14
Revenue Estimate35.364M
Revenue Q2Q-24.11%
EPS Q2Q-55.38%
Number of Analysts9
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.
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 | 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 | 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 | -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 | -20.89% | -37.64% | 27.20% | -16.87% | 26.45% | 45.74% | 46.41% | |
| EPS YoY % growth | -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
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%
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.