Enviri Corporation (NYSE:NVRI) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Investors in Enviri Corporation (NYSE:NVRI) had a good week, as its shares rose 9.3% to close at US$13.35 following the release of its quarterly results. It was a pretty bad result overall; while revenues were in line with expectations at US$575m, statutory losses exploded to US$0.28 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Following the latest results, Enviri's three analysts are now forecasting revenues of US$2.31b in 2026. This would be a credible 3.0% improvement in revenue compared to the last 12 months. Losses are predicted to fall substantially, shrinking 74% to US$0.52. Before this earnings announcement, the analysts had been modelling revenues of US$2.35b and losses of US$0.10 per share in 2026. While next year's revenue estimates held steady, there was also a massive increase in loss per share expectations, suggesting the consensus has a bit of a mixed view on the stock.

Check out our latest analysis for Enviri

The consensus price target held steady at US$16.17, seemingly implying that the higher forecast losses are not expected to have a long term impact on the company's valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Enviri, with the most bullish analyst valuing it at US$24.00 and the most bearish at US$12.00 per share. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Enviri's revenue growth is expected to slow, with the forecast 2.4% annualised growth rate until the end of 2026 being well below the historical 8.7% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.9% per year. Factoring in the forecast slowdown in growth, it seems obvious that Enviri is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that the analysts increased their loss per share estimates for next year. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Enviri going out to 2027, and you can see them free on our platform here.

It is also worth noting that we have found 1 warning sign for Enviri that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.