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NOVONIX - NVX Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $4.00
  • Forecasted Upside: 103.05%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$1.97 As of 11/20/2024 01:00 AM ET
▼ -0.08 (-3.90%)

This chart shows the closing price for NVX by one month, three months, or twelve months.

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Analyst Price Target for NVX

Analyst Price Target is $4.00
▲ +103.05% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for NOVONIX in the last 3 months. The average price target is $4.00, with a high forecast of $4.00 and a low forecast of $4.00. The average price target represents a 103.05% upside from the last price of $1.97.

This chart shows the closing price for NVX for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 investment analysts is to buy stock in NOVONIX.

Past Monthly Recommendations

Move your mouse over past months for details

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/30/2024Chardan CapitalInitiated CoverageBuy$4.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.53 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 2 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024

Current Sentiment

  • 2 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

NOVONIX logo
NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services, and carries out research and development in battery development. The company is involved in the investment and real estate borrowing activities; and offers battery technology, battery testing hardware equipment, and battery testing and development consulting services. The company was formerly known as Graphitecorp Limited and changed its name to NOVONIX Limited in July 2017. NOVONIX Limited was incorporated in 2012 and is based in Brisbane, Australia.
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Today's Range

Now: $1.97
Low: $1.95
High: $2.03

50 Day Range

MA: $1.91
Low: $1.43
High: $2.40

52 Week Range

Now: $1.97
Low: $1.40
High: $3.10

Volume

24,248 shs

Average Volume

58,062 shs

Market Capitalization

$243.18 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.97

Frequently Asked Questions

What sell-side analysts currently cover shares of NOVONIX?

The following sell-side analysts have issued research reports on NOVONIX in the last twelve months: Chardan Capital.
View the latest analyst ratings for NVX.

What is the current price target for NOVONIX?

0 Wall Street analysts have set twelve-month price targets for NOVONIX in the last year. Their average twelve-month price target is $4.00, suggesting a possible upside of 103.0%. Chardan Capital has the highest price target set, predicting NVX will reach $4.00 in the next twelve months. Chardan Capital has the lowest price target set, forecasting a price of $4.00 for NOVONIX in the next year.
View the latest price targets for NVX.

What is the current consensus analyst rating for NOVONIX?

NOVONIX currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NVX will outperform the market and that investors should add to their positions of NOVONIX.
View the latest ratings for NVX.

What other companies compete with NOVONIX?

Other companies that are similar to NOVONIX include GrafTech International, Eos Energy Enterprises, Byrna Technologies, Ballard Power Systems and FREYR Battery. Learn More about companies similar to NOVONIX.

How do I contact NOVONIX's investor relations team?

The company's listed phone number is 61-4-3931-0818 and its investor relations email address is [email protected]. The official website for NOVONIX is www.novonixgroup.com. Learn More about contacing NOVONIX investor relations.