NYSE:NVRO

Nevro (NVRO) Stock Price, News & Analysis

$10.51
+0.35 (+3.44%)
(As of 04:10 PM ET)
Today's Range
$10.02
$10.62
50-Day Range
$10.17
$15.31
52-Week Range
$10.02
$28.89
Volume
586,687 shs
Average Volume
505,025 shs
Market Capitalization
$385.52 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.00

Nevro MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
91.0% Upside
$20.00 Price Target
Short Interest
Bearish
12.05% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.20mentions of Nevro in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.54) to ($2.23) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.38 out of 5 stars

Medical Sector

480th out of 915 stocks

Surgical & Medical Instruments Industry

60th out of 96 stocks

NVRO stock logo

About Nevro Stock (NYSE:NVRO)

Nevro Corp., a medical device company, engages in the provision of products for patients suffering from chronic pain in the United States and internationally. The company provides HFX spinal cord stimulation (SCS) platform, which includes the Senza SCS implantable pulse generator (IPG) system, an evidence-based neuromodulation system for the treatment of chronic back and leg pain through paresthesia-free 10 kHz therapy, as well as offers Senza II and Senza Omnia SCS IPG systems. It also offers Senza HFX iQ platform, that includes HFX iQ implantable pulse generator, HFX trial stimulator, and HFX iQ patient remote, as well as HFX App, a patient remote control and the wireless trialing system; and provides sacroiliac joint fusion devices under NevroV1, NevroFix, and NevroPro brands. In addition, the company offers surpass surgical and percutaneous leads. It sells its products through its direct sales force, and a network of sales agents and independent distributors. The company was incorporated in 2006 and is headquartered in Redwood City, California.

NVRO Stock Price History

NVRO Stock News Headlines

Assessing Nevro: Insights From 9 Financial Analysts
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Elon Musk Humiliated Since Jeff Bezos and Elon Musk first met in 2004 — they've been involved in a bitter feud… from rockets, to electric vehicles to who's the world richest person…for going on two decades these two have been at each others throats…
Nevro earnings preview: what Wall Street is expecting
Proof that the Musk/Bezos rivalry is about to hit a new level
Elon Musk Humiliated Since Jeff Bezos and Elon Musk first met in 2004 — they've been involved in a bitter feud… from rockets, to electric vehicles to who's the world richest person…for going on two decades these two have been at each others throats…
Where Nevro Stands With Analysts
NVRO Mar 2024 20.000 put
Nevro just downgraded at Oppenheimer, here's why
Why Nevro Stock Lagged the Market on Thursday
Hold Rating on Nevro Corp Amid Modest Growth and Cautious 2024 Outlook
Analyst Scoreboard: 4 Ratings For Nevro
Nevro Corp. (NYSE:NVRO) Q4 2023 Earnings Call Transcript
Nevro: Q4 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/09/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Fax
N/A
Employees
1,215
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$40.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+90.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
13 Analysts

Profitability

Net Income
$-92,210,000.00
Pretax Margin
-23.02%

Debt

Sales & Book Value

Annual Sales
$425.17 million
Book Value
$8.10 per share

Miscellaneous

Free Float
35,507,000
Market Cap
$385.52 million
Optionable
Optionable
Beta
0.96
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Key Executives

  • Mr. Kevin R. Thornal (Age 50)
    President, CEO & Director
    Comp: $1.37M
  • Mr. Roderick H. MacLeod (Age 57)
    Senior VP & CFO
    Comp: $653.1k
  • Mr. Kashif RashidMr. Kashif Rashid (Age 50)
    Senior VP of Corporate Development & Chief Legal Officer
    Comp: $629.62k
  • Mr. Greg Siller (Age 43)
    Senior VP & Chief Commercial Officer
    Comp: $419.9k
  • Mr. Richard B. Carter (Age 53)
    Chief Accounting Officer
  • Mr. Christofer Christoforou (Age 54)
    Senior Vice President of Technical Operations
    Comp: $367.4k
  • Geeta Kaveti
    VP and Chief Compliance & Privacy Officer
  • Meredith Vornholt
    Vice President of Global Marketing
  • Ms. Shana D. Ross M.B.A. (Age 51)
    Senior VP & Chief Human Resources Officer
  • Dr. David Caraway M.D. (Age 67)
    Ph.D., Senior VP & Chief Medical Officer

NVRO Stock Analysis - Frequently Asked Questions

Should I buy or sell Nevro stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nevro in the last year. There are currently 1 sell rating, 11 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NVRO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NVRO, but not buy additional shares or sell existing shares.
View NVRO analyst ratings
or view top-rated stocks.

What is Nevro's stock price target for 2024?

13 brokerages have issued 1-year price objectives for Nevro's shares. Their NVRO share price targets range from $11.00 to $40.00. On average, they anticipate the company's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 91.0% from the stock's current price.
View analysts price targets for NVRO
or view top-rated stocks among Wall Street analysts.

How have NVRO shares performed in 2024?

Nevro's stock was trading at $21.52 at the beginning of the year. Since then, NVRO stock has decreased by 51.3% and is now trading at $10.47.
View the best growth stocks for 2024 here
.

When is Nevro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our NVRO earnings forecast
.

How were Nevro's earnings last quarter?

Nevro Corp. (NYSE:NVRO) issued its quarterly earnings data on Tuesday, May, 7th. The medical equipment provider reported ($0.70) EPS for the quarter, beating the consensus estimate of ($1.02) by $0.32. The medical equipment provider earned $101.90 million during the quarter, compared to the consensus estimate of $97.90 million. Nevro had a negative net margin of 21.69% and a negative trailing twelve-month return on equity of 30.22%. Nevro's revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the previous year, the business posted ($0.98) earnings per share.

What ETFs hold Nevro's stock?

ETFs with the largest weight of Nevro (NYSE:NVRO) stock in their portfolio include Alger Weatherbie Enduring Growth ETF (AWEG) and Fidelity Digital Health ETF (FDHT).iShares Neuroscience and Healthcare ETF (IBRN).

What guidance has Nevro issued on next quarter's earnings?

Nevro issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $435.0 million-$445.0 million, compared to the consensus revenue estimate of $441.0 million.

What is D. Keith Grossman's approval rating as Nevro's CEO?

9 employees have rated Nevro Chief Executive Officer D. Keith Grossman on Glassdoor.com. D. Keith Grossman has an approval rating of 68% among the company's employees.

What other stocks do shareholders of Nevro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nevro investors own include AT&T (T), NVIDIA (NVDA), AbbVie (ABBV), Walt Disney (DIS), General Electric (GE), Micron Technology (MU), Gilead Sciences (GILD), Advanced Micro Devices (AMD), Adobe (ADBE) and Intuitive Surgical (ISRG).

Who are Nevro's major shareholders?

Nevro's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (1.94%), Assenagon Asset Management S.A. (0.34%), Susquehanna Fundamental Investments LLC (0.27%), Swiss National Bank (0.18%), Blair William & Co. IL (0.14%) and BNP Paribas Financial Markets (0.14%). Insiders that own company stock include D Keith Grossman, Elizabeth H Weatherman, Kashif Rashid, Kevin C Oboyle, Leslie Stretch, Michael F Demane and Shawn Mccormick.
View institutional ownership trends
.

How do I buy shares of Nevro?

Shares of NVRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NVRO) was last updated on 5/9/2024 by MarketBeat.com Staff

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