AUD0.74
6.47% today
Australia, Dec 30, 06:10 am CET
ISIN
AU000000NVX4
Symbol
NVX

Novonix Limited Target price 2024 - Analyst rating & recommendation

Novonix Limited Classifications & Recommendation:

Buy
100%

Novonix Limited Price Target

Target Price AUD2.04
Price AUD0.74
Potential
Number of Estimates 3
3 Analysts have issued a price target Novonix Limited 2025 . The average Novonix Limited target price is AUD2.04. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 1 analysts: 1 Analysts recommend Novonix Limited to buy, 0 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Novonix Limited stock has an average upside potential 2025 of . Most analysts recommend the Novonix Limited stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Dec '23 2024
Estimates
Revenue Million AUD 12.13 13.32
124.63% 9.83%
EBITDA Margin -554.58% -571.07%
42.46% 2.97%

3 Analysts have issued a sales forecast Novonix Limited 2024 . The average Novonix Limited sales estimate is

AUD13.3m
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. This is
26.88% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
AUD15.7m 49.77%
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, the lowest is
AUD11.2m 6.78%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 AUD12.1m 124.63%
2024
AUD13.3m 9.83%
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2025
AUD50.2m 276.88%
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2026
AUD163m 223.83%
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2027
AUD322m 98.10%
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2028
AUD468m 45.20%
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2 Analysts have issued an Novonix Limited EBITDA forecast 2024. The average Novonix Limited EBITDA estimate is

AUD-76.1m
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. This is
18.85% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
AUD-73.7m 15.10%
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, the lowest is
AUD-78.5m 22.61%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 AUD-67.3m 29.24%
2024
AUD-76.1m 13.09%
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2025
AUD-69.2m 9.05%
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2026
AUD-47.4m 31.48%
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2027
AUD-9.6m 79.73%
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2028
AUD89.7m 1,033.34%
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EBITDA Margin

2023 -554.58% 42.46%
2024
-571.07% 2.97%
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2025
-137.81% 75.87%
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2026
-29.16% 78.84%
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2027
-2.98% 89.78%
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2028
19.18% 743.62%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Dec '23 2024
Estimates
EV/Sales 32.71

Based on analysts' sales estimates for 2024, the Novonix Limited stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

32.71
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
29.63
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.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 41.50 26.02%
2024
32.71 21.18%
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2025
8.68 73.47%
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2026
2.68 69.12%
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2027
1.35 49.52%
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2028
0.93 31.13%
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P/S ratio

Current 37.59 0.18%
2024
29.63 21.18%
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2025
7.86 73.47%
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2026
2.43 69.12%
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2027
1.23 49.52%
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2028
0.84 31.13%
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