NPO
Enpro Industries
NYSE: NPO · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$315.08
-1.66% today
Updated 2026-06-05
Market cap
$7.07B
P/E ratio
164.02
P/S ratio
6.03x
EPS (TTM)
$2.04
Dividend yield
0.37%
52W range
$179 – $342
Volume
0.2M
Enpro Industries (NPO) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed NPO price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$315.08
Today
Analyst consensus
$315.00
-0.03% · 12M
2030 Base
$359.39
+14.06% future
NPV today
$203.75
@ 13% WACC
4 analysts:
2 Buy2 Hold0 Sell
Management guidance
Enpro raised FY2026 revenue and adjusted EBITDA guidance following strong Q1 2026 results. Management projects mid-to-high single-digit organic revenue growth with expanding EBITDA margins through 2026-2027, driven by semiconductor industry upcycle in Advanced Surface Technologies (AST) segment and contributions from recent acquisitions (AlpHa Measurement Solutions, Overlook Industries). No specific 2030 revenue target disclosed, but CEO confidence in 'strategic plan focusing on organic growth, strategic acquisitions, and strong balance sheet' suggests sustained mid-teens growth trajectory.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
NPO · Enpro Industries · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$135.43
NPV today: $76.78
Base case (2030)
$359.39
NPV today: $203.75
Bull case (2030)
$695.33
NPV today: $394.21
WallStSmart.com
NPO financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.4B | $1.7B | $2.0B | $2.2B | $2.4B |
| Revenue growth | 9.0% | 22.8% | 20.0% | 16.7% | 11.2% | 9.2% |
| Net margin | — | 14.4% | 16.1% | 16.8% | 16.8% | 16.7% |
| EPS | $7.91 | $9.50 | $12.75 | $15.50 | $17.25 | $18.75 |
| Diluted shares | — | 21M | 21M | 21M | 21M | 21M |
| Net debt | — | $389.07M | $207.24M | $-4.90M | $-240.86M | $-498.46M |
| P/S multiple | — | 3.0x | 3.0x | 3.0x | 3.0x | 3.0x |
| Implied price (base) | — | $180.02 | $228.07 | $277.44 | $319.36 | $359.39 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $2.4B | $2.4B | $2.4B |
| P/S multiple | 1.0x | 3.0x | 6.0x |
| Diluted shares | 21M | 21M | 21M |
| Net debt | $-498.46M | $-498.46M | $-498.46M |
| Implied P/E † | 7x | 19x | 37x |
| 2030 Price | $135.43 | $359.39 | $695.33 |
| NPV @ 13% | $76.78 | $203.75 | $394.21 |
† Implied P/E: Multiples remain elevated across all three scenarios because NPO is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $359.39 base case
NPO catalysts and risks
Growth catalysts
+ Semiconductor industry upcycle accelerating demand for Advanced Surface Technologies (AST) cleaning solutions and critical industrial components
+ Strategic acquisition integration (AlpHa Measurement Solutions, Overlook Industries) expanding high-margin aftermarket product portfolio and market reach
+ Sustained hyperscaler capex for AI/semiconductor manufacturing driving demand for precision sealing technologies and advanced surface treatment solutions through 2028-2030
+ Continued dividend growth (11-year track record) and capital allocation toward bolt-on M&A in adjacent industrial technology markets
Key risks
- Semiconductor cycle downturn or slower-than-expected recovery from current trough would compress AST segment growth by 40-60%
- Integration execution risk on recent acquisitions; operational disruptions could delay synergy realization
- Margin compression if raw material costs spike or competitive pricing pressure emerges in sealing technologies segment
- Economic recession reducing industrial capex spending across aerospace, automotive, and general manufacturing end-markets
- High valuation (P/E ~154x, P/S 5.44x) leaves limited margin for miss; sentiment reversal on semiconductor demand could trigger 20-30% pullback
Methodology · Enpro Industries 2030 stock forecast model
Enpro Industries 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 4 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (1% cumulative for NPO by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-498.46M by 2030) |
| 3. Time value | NPV calculated using 13% WACC (CAPM: beta 1.565) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 3.0x / bull 6.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
NPO price target FAQ
What is the NPO price target for 2030?
WallStSmart's Enpro Industries 2030 base case is $359.39 per share, with a bull case of $695.33 and bear case of $135.43. The NPV of the base case discounted to today at 13% WACC is $203.75.
How is the Enpro Industries 2030 stock forecast calculated?
The NPO 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the NPO price target account for dilution?
Enpro Industries is projected to grow diluted share count from 21M to 21M by 2030 (a 1% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 1%.
What is the analyst consensus on NPO stock?
4 analysts cover NPO with an average 12-month price target of $315.00. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.