Nomad Foods (NOMD) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

NOMD Stock Forecast

Nomad Foods stock forecast is as follows: an average price target of $23.75 (represents a 35.02% upside from NOMD’s last price of $17.59) 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 $23.75 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $28.00 to $20.00. This represents a potential 35.02% upside from NOMD's last price of $17.59.

NOMD Analyst Ratings

Buy

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	-	-	31.19%	25.07%
May 10, 2024	John Baumgartner	Mizuho Securities	-	-	46.75%	59.18%
Apr 29, 2024	Steve Powers	Deutsche Bank	-	-	24.80%	30.76%
Jan 05, 2023		Credit Suisse	-	-	11.48%	13.70%
Sep 02, 2022		Mizuho Securities	-	-	36.29%	36.44%
Jul 25, 2022		Deutsche Bank	-	-	34.48%	42.13%
May 13, 2022		BTIG	-	-	18.71%	42.13%
May 12, 2022		Deutsche Bank	-	-	30.88%	47.81%
May 03, 2022		Mizuho Securities	-	-	34.30%	42.13%

Row per page

Go to

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 25.07% increase from NOMD last price ($17.59).

Nomad Foods Price Target by Period

	1M	3M	12M
# Anlaysts	1	1	3
Avg Price Target	$22.00	$22.00	$24.33
Last Closing Price	$17.59	$17.59	$17.59
Upside/Downside	25.07%	25.07%	38.32%

In the current month, the average price target of Nomad Foods stock is $22.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 25.07% increase as opposed to Nomad Foods's last price of $17.59. This month's average price target is down 0.00% compared to last quarter, and down -9.58% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
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

Row per page

Go to

Nomad Foods's last stock rating was published by Deutsche Bank on Aug 08, 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	-	-	35.02%	Buy
CENT	Central Garden & Pet Company	-	-	32.09%
LANC	Lancaster Colony	-	-	18.69%	Buy
POST	Post	-	-	16.89%	Buy
THS	TreeHouse Foods	-	-	14.85%	Hold
INGR	Ingredion	-	-	-3.89%	Buy
PPC	Pilgrim's Pride	-	-	-25.74%	Buy
BRBR	BellRing Brands	-	-	-38.23%	Buy

NOMD Forecast FAQ

Is Nomad Foods a good buy?

Yes, according to 4 Wall Street analysts, Nomad Foods (NOMD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of NOMD's total ratings.

What is NOMD's price target?

Nomad Foods (NOMD) average price target is $23.75 with a range of $20 to $28, implying a 35.02% from its last price of $17.59. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Nomad Foods stock go up soon?

According to Wall Street analysts' prediction for NOMD stock, the company can go up by 35.02% (from the last price of $17.59 to the average price target of $23.75), up by 59.18% based on the highest stock price target, and up by 13.70% based on the lowest stock price target.

Can Nomad Foods stock reach $30?

NOMD's average twelve months analyst stock price target of $23.75 does not support the claim that Nomad Foods can reach $30 in the near future.

What is Nomad Foods's current price target trend?

1 Wall Street analyst forecast a $22 price target for Nomad Foods (NOMD) this month, up 25.07% from its last price of $17.59. Compared to the last 3 and 12 months, the average price target increased by 25.07% and increased by 38.32%, respectively.

What are Nomad Foods's analysts' financial forecasts?

Nomad Foods's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.41B (high $3.43B, low $3.38B), average EBITDA is $564.27M (high $568.76M, low $558.95M), average net income is $304.1M (high $307.25M, low $300.37M), average SG&A $436.24M (high $439.72M, low $432.13M), and average EPS is $1.86 (high $1.88, low $1.84). NOMD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.47B (high $3.5B, low $3.44B), average EBITDA is $574.77M (high $579.34M, low $569.34M), average net income is $323.93M (high $327.28M, low $319.96M), average SG&A $444.36M (high $447.89M, low $440.17M), and average EPS is $1.99 (high $2.01, low $1.96).

Did the NOMD's actual financial results beat the analysts' financial forecasts?

Based on Nomad Foods's last annual report (Dec 2022), the company's revenue was $2.94B, which missed the average analysts forecast of $3.02B by -2.50%. Apple's EBITDA was $524.8M, beating the average prediction of $431.2M by 21.71%. The company's net income was $249.8M, beating the average estimation of $220.51M by 13.28%. Apple's SG&A was $0, missing the average forecast of $387.2M by -100.00%. Lastly, the company's EPS was $1.29, missing the average prediction of $1.58 by -18.60%. In terms of the last quarterly report (Mar 2023), Nomad Foods's revenue was $775.1M, missing the average analysts' forecast of $838M by -7.51%. The company's EBITDA was $133.1M, beating the average prediction of $120.51M by 10.45%. Nomad Foods's net income was $41.2M, missing the average estimation of $61.52M by -33.03%. The company's SG&A was $0, missing the average forecast of $107.28M by -100.00%. Lastly, the company's EPS was $0.24, missing the average prediction of $0.379 by -36.66%