nVent Electric Q4 revenue up 42%, meets EPS expectations

Overview

• Electrical solutions provider's Q4 revenue rose 42% yr/yr, exceeding company guidance

• Adjusted EPS for Q4 met analyst expectations

• Company issued 2026 guidance with projected sales growth of 15% to 18%

Outlook

• nVent expects full-year 2026 sales growth of 15% to 18%

• Company forecasts first-quarter 2026 sales to rise 34% to 36%

• nVent projects full-year 2026 EPS of $3.27 to $3.42; Adjusted EPS of $4.00 to $4.15

Result Drivers

• SYSTEMS PROTECTION SALES - Net sales in Systems Protection segment increased 58%, driven by portfolio transformation

• INFRASTRUCTURE VERTICALS - Growth led by infrastructure verticals, particularly data centers and power utilities

• PORTFOLIO TRANSFORMATION - Ongoing transformation to higher-growth electrical solutions drove strong sales performance

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the electrical components & equipment peer group is "buy"

• Wall Street's median 12-month price target for nVent Electric PLC is $130.00, about 14.2% above its February 5 closing price of $113.87

• The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 30 three months ago

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