Leading investment firm Needham, represented by analyst Mike Matson, has adjusted its price target for Enovis (ENOV, Financial), a company listed on the New York Stock Exchange. The revised price target now stands at USD 57.00, down from the previous target of USD 64.00. This adjustment represents a decrease of approximately 10.94% in the price target.
Despite the lower price target, the analyst has maintained a 'Buy' rating for Enovis (ENOV, Financial). This indicates that Needham still sees potential value in Enovis at its current market valuation. The latest rating and price target were issued on May 9, 2025.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Enovis Corp (ENOV, Financial) is $60.63 with a high estimate of $75.00 and a low estimate of $48.00. The average target implies an upside of 83.27% from the current price of $33.08. More detailed estimate data can be found on the Enovis Corp (ENOV) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Enovis Corp's (ENOV, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Enovis Corp (ENOV, Financial) in one year is $72.65, suggesting a upside of 119.62% from the current price of $33.08. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Enovis Corp (ENOV) Summary page.
