NREF Stock Forecast

Stock Price Forecast

According to 2 professional analysts, the 12-month price target for NREF stock ranges from a low of $14.5 to a high of $15. The average analyst price target of $14.75 forecasts a 1.58% increase in the stock price over the next year.

Price Target: $14.75 (+1.58%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$14.5	$14.75	$15	$15
Change	-0.14%	+1.58%	+3.31%	+3.31%

Analyst Ratings

The average analyst rating for NREF stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Crispin Love Piper Sandler	Piper Sandler	Hold Maintains $16 → $15	Hold	Maintains	$16 → $15	+3.31%	Aug 4, 2025
Jade Rahmani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $15 → $15	Hold	Maintains	$15 → $15	-0.14%	May 2, 2025
Jade Rahmani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $16 → $15	Hold	Maintains	$16 → $15	+3.31%	Apr 7, 2025
Jade Rahmani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $16 → $16	Hold	Maintains	$16 → $16	+10.19%	Mar 3, 2025
Jade Rahmani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $17 → $16	Hold	Maintains	$17 → $16	+6.75%	Jan 14, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

93.33M

from 73.09M

27.69%

from 73.09M

Revenue Next Year

98.46M

from 93.33M

5.49%

from 93.33M

EPS This Year

2.02

from 1.02

98.30%

from 1.02

EPS Next Year

2.05

from 2.02

1.43%

from 2.02

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	43.42M	97.37M	40.38M	42.09M	73.09M	93.33M	98.46M
Revenue Growth	28.99%	124.26%	-58.53%	4.24%	73.65%	27.69%	5.49%
EPS	1.74	3.93	0.22	0.60	1.02	2.02	2.05
EPS Growth	-	125.83%	-94.40%	172.73%	69.45%	98.30%	1.43%
Forward PE	-	-	-	-	-	7.20	7.10
No. Analysts	-	-	-	-	-	5	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	103.6M	114.8M
Avg	93.3M	98.5M
Low	82.6M	82.1M

Revenue Growth

Revenue Growth	2025	2026
High	41.8%	23.0%
Avg	27.7%	5.5%
Low	13.0%	-12.1%

EPS Forecast

EPS	2025	2026
High	2.36	2.13
Avg	2.02	2.05
Low	1.78	1.94

EPS Growth

EPS Growth	2025	2026
High	132.4%	5.7%
Avg	98.3%	1.4%
Low	75.4%	-3.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.