nVent Electric Q4 revenue up 42%, meets EPS expectations

nVent Electric

06/02/2026 11:55

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

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
Meet
$0.90
$0.90 (12 Analysts)

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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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)