Nomad Foods (NOMD) Stock Forecast, Price Target & Predictions
NOMD Stock Forecast
Nomad Foods stock forecast is as follows: an average price target of $22.00 (represents a 30.80% upside from NOMD’s last price of $16.82) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
NOMD Price Target
The average price target for Nomad Foods (NOMD) is $22.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $22.00. This represents a potential 30.80% upside from NOMD's last price of $16.82.
NOMD Analyst Ratings
According to 4 Wall Street analysts, Nomad Foods's rating consensus is 'Buy'. The analyst rating breakdown for NOMD stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 1 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Nomad Foods Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 15, 2024 | Steve Powers | Deutsche Bank | $22.00 | $16.77 | 31.19% | 30.80% |
| May 10, 2024 | John Baumgartner | Mizuho Securities | $28.00 | $19.08 | 46.75% | 66.47% |
| Apr 29, 2024 | Steve Powers | Deutsche Bank | $23.00 | $18.43 | 24.80% | 36.74% |
| Jan 05, 2023 | Credit Suisse | $20.00 | $17.94 | 11.48% | 18.91% | |
| Sep 02, 2022 | Mizuho Securities | $24.00 | $17.61 | 36.29% | 42.69% | |
| Jul 25, 2022 | Deutsche Bank | $25.00 | $18.59 | 34.48% | 48.63% | |
| May 13, 2022 | BTIG | $25.00 | $21.06 | 18.71% | 48.63% | |
| May 12, 2022 | Deutsche Bank | $26.00 | $19.86 | 30.88% | 54.58% | |
| May 03, 2022 | Mizuho Securities | $25.00 | $18.61 | 34.30% | 48.63% |
The latest Nomad Foods stock forecast, released on Nov 15, 2024 by Steve Powers from Deutsche Bank, set a price target of $22.00, which represents a 31.19% increase from the stock price at the time of the forecast ($16.77), and a 30.80% increase from NOMD last price ($16.82).
Nomad Foods Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $22.00 | $24.33 |
| Last Closing Price | $16.82 | $16.82 | $16.82 |
| Upside/Downside | -100.00% | 30.80% | 44.65% |
In the current month, the average price target of Nomad Foods stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nomad Foods's last price of $16.82. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 15, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Aug 08, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Apr 29, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Feb 27, 2023 | Goldman Sachs | Buy | Upgrade | |
| Jan 05, 2023 | Credit Suisse | Outperform | Neutral | Downgrade |
| Dec 06, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Jul 25, 2022 | Deutsche Bank | Buy | Buy | Hold |
| May 13, 2022 | BTIG | Buy | Buy | Hold |
| May 12, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Feb 25, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Feb 25, 2022 | Credit Suisse | Outperform | Outperform | Hold |
Nomad Foods's last stock rating was published by Deutsche Bank on Nov 15, 2024. The company gave NOMD a "Buy" rating, the same as its previous rate.
Nomad Foods Financial Forecast
Nomad Foods Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $775.10M | $750.20M | $759.60M | $697.00M | $732.90M | $704.00M | $599.40M | $595.80M | $707.40M | $657.70M | $576.30M | $599.00M | $682.90M | $628.40M | $540.30M |
| Avg Forecast | $885.55M | $866.45M | $848.65M | $870.43M | $859.73M | $853.94M | $836.02M | $857.99M | $845.80M | $869.84M | $814.66M | $850.33M | $848.61M | $798.14M | $808.25M | $838.00M | $783.02M | $704.30M | $714.48M | $813.36M | $803.99M | $690.51M | $700.73M | $823.29M | $797.93M | $678.22M | $669.70M | $700.01M | $702.95M | $592.47M |
| High Forecast | $892.60M | $873.34M | $855.40M | $877.35M | $866.57M | $860.74M | $842.67M | $864.82M | $863.48M | $876.76M | $821.15M | $857.09M | $851.38M | $804.49M | $814.68M | $844.66M | $789.25M | $704.30M | $714.48M | $813.36M | $803.99M | $690.51M | $700.73M | $823.29M | $797.93M | $678.22M | $669.70M | $700.01M | $702.95M | $592.47M |
| Low Forecast | $877.19M | $858.27M | $840.64M | $862.21M | $851.62M | $845.88M | $828.13M | $849.90M | $828.11M | $861.63M | $806.98M | $842.30M | $845.84M | $790.61M | $800.62M | $830.09M | $775.63M | $704.30M | $714.48M | $813.36M | $803.99M | $690.51M | $700.73M | $823.29M | $797.93M | $678.22M | $669.70M | $700.01M | $702.95M | $592.47M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 9 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.96% | 1.08% | 0.98% | 0.90% | 0.88% | 0.87% | 0.85% | 0.86% | 0.82% | 0.85% | 0.89% | 0.98% | 0.89% | 0.91% |
Nomad Foods's average Quarter revenue forecast for Jun 23 based on 2 analysts is $808.25M, with a low forecast of $800.62M, and a high forecast of $814.68M. NOMD's average Quarter revenue forecast represents a 4.28% increase compared to the company's last Quarter revenue of $775.10M (Mar 23).
Nomad Foods EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 9 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $133.10M | $91.80M | $162.40M | $122.20M | $128.70M | $82.70M | $114.60M | $121.30M | $131.10M | $101.60M | $107.50M | $116.80M | $115.00M | $106.50M | $87.30M |
| Avg Forecast | $146.64M | $143.47M | $140.53M | $144.13M | $142.36M | $141.40M | $138.43M | $142.07M | $140.05M | $144.03M | $134.90M | $132.56M | $140.52M | $132.16M | $133.84M | $120.51M | $85.68M | $124.23M | $126.03M | $95.27M | $141.82M | $121.80M | $123.60M | $74.96M | $140.75M | $119.63M | $118.13M | $88.20M | $123.99M | $104.51M |
| High Forecast | $147.80M | $144.62M | $141.64M | $145.28M | $143.49M | $142.53M | $139.54M | $143.20M | $142.98M | $145.18M | $135.97M | $159.07M | $140.98M | $133.21M | $134.90M | $144.61M | $102.81M | $124.23M | $126.03M | $114.32M | $141.82M | $121.80M | $123.60M | $89.95M | $140.75M | $119.63M | $118.13M | $105.84M | $123.99M | $104.51M |
| Low Forecast | $145.25M | $142.12M | $139.20M | $142.77M | $141.02M | $140.07M | $137.13M | $140.73M | $137.12M | $142.68M | $133.63M | $106.05M | $140.06M | $130.92M | $132.57M | $96.41M | $68.54M | $124.23M | $126.03M | $76.21M | $141.82M | $121.80M | $123.60M | $59.97M | $140.75M | $119.63M | $118.13M | $70.56M | $123.99M | $104.51M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.07% | 1.31% | 0.97% | 1.35% | 0.58% | 0.94% | 0.98% | 1.75% | 0.72% | 0.90% | 0.99% | 1.30% | 0.86% | 0.84% |
2 analysts predict NOMD's average Quarter EBITDA for Jun 23 to be $133.84M, with a high of $134.90M and a low of $132.57M. This is 0.55% upper than Nomad Foods's previous annual EBITDA (Mar 23) of $133.10M.
Nomad Foods Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 9 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $41.20M | $37.10M | $82.10M | $74.60M | $56.00M | $28.80M | $51.70M | $51.20M | $49.30M | $58.70M | $56.40M | $62.60M | $47.50M | $46.00M | $39.20M |
| Avg Forecast | $73.51M | $97.96M | $82.99M | $69.47M | $70.33M | $90.78M | $75.95M | $67.03M | $61.60M | $82.73M | $67.65M | $67.67M | $51.09M | $62.59M | $60.17M | $61.52M | $30.69M | $72.54M | $68.65M | $48.63M | $51.82M | $49.64M | $51.57M | $39.19M | $59.93M | $45.44M | $48.38M | $42.75M | $52.98M | $38.92M |
| High Forecast | $74.27M | $98.97M | $83.85M | $70.19M | $71.06M | $91.72M | $76.74M | $67.73M | $63.14M | $84.87M | $68.34M | $81.21M | $51.61M | $62.81M | $60.79M | $73.82M | $36.83M | $72.54M | $68.65M | $58.36M | $51.82M | $49.64M | $51.57M | $47.02M | $59.93M | $45.44M | $48.38M | $51.30M | $52.98M | $38.92M |
| Low Forecast | $72.61M | $96.76M | $81.97M | $68.62M | $69.47M | $89.67M | $75.02M | $66.21M | $60.06M | $80.59M | $66.96M | $54.14M | $50.46M | $62.37M | $59.43M | $49.22M | $24.55M | $72.54M | $68.65M | $38.91M | $51.82M | $49.64M | $51.57M | $31.35M | $59.93M | $45.44M | $48.38M | $34.20M | $52.98M | $38.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.67% | 1.21% | 1.13% | 1.09% | 1.15% | 0.56% | 1.04% | 0.99% | 1.26% | 0.98% | 1.24% | 1.29% | 1.11% | 0.87% | 1.01% |
Nomad Foods's average Quarter net income forecast for Jun 23 is $60.17M, with a range of $59.43M to $60.79M. NOMD's average Quarter net income forecast represents a 46.04% increase compared to the company's last Quarter net income of $41.20M (Mar 23).
Nomad Foods SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 9 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $113.37M | $110.92M | $108.64M | $111.43M | $110.06M | $109.32M | $107.03M | $109.84M | $108.28M | $111.35M | $104.29M | $108.86M | $108.64M | $102.18M | $103.47M | $107.28M | $100.24M | $90.54M | $91.85M | $104.57M | $103.36M | $88.77M | $90.09M | $105.84M | $102.58M | $87.19M | $86.10M | $89.99M | $90.37M | $76.17M |
| High Forecast | $114.27M | $111.80M | $109.51M | $112.32M | $110.94M | $110.19M | $107.88M | $110.71M | $110.54M | $112.24M | $105.12M | $109.72M | $108.99M | $102.99M | $104.29M | $108.13M | $101.04M | $90.54M | $91.85M | $104.57M | $103.36M | $88.77M | $90.09M | $105.84M | $102.58M | $87.19M | $86.10M | $89.99M | $90.37M | $76.17M |
| Low Forecast | $112.30M | $109.87M | $107.62M | $110.38M | $109.02M | $108.29M | $106.02M | $108.80M | $106.01M | $110.30M | $103.31M | $107.83M | $108.28M | $101.21M | $102.49M | $106.27M | $99.29M | $90.54M | $91.85M | $104.57M | $103.36M | $88.77M | $90.09M | $105.84M | $102.58M | $87.19M | $86.10M | $89.99M | $90.37M | $76.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Nomad Foods's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to NOMD last annual SG&A of $NaN (undefined).
Nomad Foods EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 9 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.24 | $0.21 | $0.47 | $0.43 | $0.32 | $0.16 | $0.29 | $0.29 | $0.28 | $0.30 | $0.29 | $0.32 | $0.23 | $0.23 | $0.20 |
| Avg Forecast | $0.45 | $0.60 | $0.51 | $0.43 | $0.43 | $0.56 | $0.47 | $0.41 | $0.38 | $0.51 | $0.41 | $0.37 | $0.31 | $0.38 | $0.37 | $0.38 | $0.34 | $0.44 | $0.42 | $0.38 | $0.32 | $0.30 | $0.32 | $0.39 | $0.37 | $0.28 | $0.30 | $0.29 | $0.32 | $0.24 |
| High Forecast | $0.46 | $0.61 | $0.51 | $0.43 | $0.44 | $0.56 | $0.47 | $0.42 | $0.39 | $0.52 | $0.42 | $0.37 | $0.32 | $0.39 | $0.37 | $0.38 | $0.34 | $0.44 | $0.42 | $0.38 | $0.32 | $0.30 | $0.32 | $0.39 | $0.37 | $0.28 | $0.30 | $0.29 | $0.32 | $0.24 |
| Low Forecast | $0.45 | $0.59 | $0.50 | $0.42 | $0.43 | $0.55 | $0.46 | $0.41 | $0.37 | $0.49 | $0.41 | $0.37 | $0.31 | $0.38 | $0.36 | $0.37 | $0.33 | $0.44 | $0.42 | $0.38 | $0.32 | $0.30 | $0.32 | $0.39 | $0.37 | $0.28 | $0.30 | $0.29 | $0.32 | $0.24 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.63% | 0.62% | 1.06% | 1.02% | 0.84% | 0.50% | 0.95% | 0.92% | 0.72% | 0.82% | 1.04% | 1.08% | 0.78% | 0.71% | 0.84% |
According to 2 Wall Street analysts, Nomad Foods's projected average Quarter EPS for Jun 23 is $0.37, with a low estimate of $0.36 and a high estimate of $0.37. This represents a 53.71% increase compared to NOMD previous annual EPS of $0.24 (Mar 23).
Nomad Foods Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NOMD | Nomad Foods | $17.30 | $22.00 | 27.17% | Buy |
| CENT | Central Garden & Pet Company | $43.14 | $50.67 | 17.45% | |
| POST | Post | $115.63 | $132.00 | 14.16% | Buy |
| LANC | Lancaster Colony | $189.22 | $216.00 | 14.15% | Buy |
| THS | TreeHouse Foods | $34.00 | $37.67 | 10.79% | Hold |
| INGR | Ingredion | $142.16 | $140.00 | -1.52% | Buy |
| BRBR | BellRing Brands | $77.24 | $68.25 | -11.64% | Buy |
| PPC | Pilgrim's Pride | $50.65 | $42.00 | -17.08% | Buy |