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

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NOMD Stock Forecast

Nomad Foods (NOMD) stock forecast, based on 4 Wall Street analysts, predicts a 12-month average price target of $22.00, with a high of $22.00 and a low of $22.00. This represents a 26.58% increase from the last price of $17.38.

$16 $17 $18 $19 $20 $21 $22 High: $22 Avg: $22 Low: $22 Last Closed Price: $17.38

NOMD Stock Rating

Nomad Foods stock's rating consensus is Buy, based on 4 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (75.00%), 1 Hold (25.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 4 0 1 3 Strong Sell Sell Hold Buy Strong Buy

NOMD Forecast vs Benchmarks

TypeNameUpside
StockNomad Foods26.58%
SectorConsumer Defensive Stocks 12.48%
IndustryPackaged Foods Stocks19.23%

Price Target Trends

1M3M12M
# Anlaysts-13
Avg Price Target-$22.00$24.33
Last Closing Price$17.38$17.38$17.38
Upside/Downside-26.58%39.99%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2526---8
Dec, 2426---8
Nov, 2426---8
Oct, 2436---9
Sep, 2436---9
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 15, 2024Steve PowersDeutsche Bank$22.00$16.7731.19%26.58%
May 10, 2024John BaumgartnerMizuho Securities$28.00$19.0846.75%61.10%
Apr 29, 2024Steve PowersDeutsche Bank$23.00$18.4324.80%32.34%
Jan 05, 2023Credit Suisse$20.00$17.9411.48%15.07%
Sep 02, 2022Mizuho Securities$24.00$17.6136.29%38.09%
Jul 25, 2022Deutsche Bank$25.00$18.5934.48%43.84%
May 13, 2022BTIG$25.00$21.0618.71%43.84%
May 12, 2022Deutsche Bank$26.00$19.8730.85%49.60%
May 03, 2022Mizuho Securities$25.00$18.6234.26%43.84%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Nov 15, 2024Deutsche BankBuyBuyhold
Aug 08, 2024Deutsche BankBuyBuyhold
Apr 29, 2024Deutsche BankBuyBuyhold
Feb 27, 2023Goldman SachsBuyupgrade
Jan 05, 2023Credit SuisseOutperformNeutraldowngrade
Dec 06, 2022Deutsche BankBuyBuyhold
Jul 25, 2022Deutsche BankBuyBuyhold
May 13, 2022BTIGBuyBuyhold
May 12, 2022Deutsche BankBuyBuyhold
Feb 25, 2022Deutsche BankBuyBuyhold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.16$1.02$1.29$1.10-----
Avg Forecast$1.34$1.55$1.68$1.62$1.74$1.88$2.05$2.16$2.30
High Forecast$1.33$1.53$1.67$1.60$1.70$1.81$2.02$2.13$2.26
Low Forecast$1.35$1.55$1.69$1.65$1.77$1.94$2.09$2.20$2.34
Surprise %-13.43%-34.19%-23.21%-32.10%-----

Revenue Forecast

$3B $3B $3B $3B $4B $4B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.52B$2.61B$2.94B$2.98B-----
Avg Forecast$3.07B$2.96B$3.12B$3.37B$3.21B$3.31B$3.40B$3.43B$3.47B
High Forecast$3.05B$2.94B$3.10B$3.36B$3.16B$3.26B$3.33B$3.36B$3.43B
Low Forecast$3.08B$2.97B$3.14B$3.38B$3.24B$3.36B$3.47B$3.50B$3.52B
Surprise %-18.09%-11.94%-5.91%-11.49%-----

Net Income Forecast

$100M $170M $240M $310M $380M $450M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$225.20M$181.00M$249.80M$188.75M-----
Avg Forecast$206.49M$147.65M$167.94M$192.70M$296.50M$321.13M$351.51M$369.80M$393.01M
High Forecast$165.19M$118.12M$134.35M$154.16M$290.79M$310.40M$345.64M$364.82M$387.72M
Low Forecast$247.79M$177.18M$201.53M$231.24M$302.22M$331.86M$357.39M$377.22M$400.89M
Surprise %9.06%22.59%48.74%-2.05%-----

NOMD Forecast FAQ

Is Nomad Foods stock a buy?

Nomad Foods stock has a consensus rating of Buy, based on 4 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Nomad Foods is a favorable investment for most analysts.

What is Nomad Foods's price target?

Nomad Foods's price target, set by 4 Wall Street analysts, averages $22 over the next 12 months. The price target range spans from $22 at the low end to $22 at the high end, suggesting a potential 26.58% change from the previous close price of $17.38.

How does Nomad Foods stock forecast compare to the average forecast of its sector, industry, and investment themes?

Nomad Foods stock forecast shows a 26.58% upside, outperforming the average forecast for the consumer defensive stocks sector (12.48%) and outperforming the packaged foods stocks industry (19.23%).

What is the breakdown of analyst ratings for Nomad Foods over the past three months?

  • January 2025: 25.00% Strong Buy, 75.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 25.00% Strong Buy, 75.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 25.00% Strong Buy, 75.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is Nomad Foods’s EPS forecast?

Nomad Foods's average annual EPS forecast for its fiscal year ending in December is 1.74 for 2024, a 58.18% increase from the reported $1.1 in 2023. The prediction for 2025 is $1.88, $2.05 for 2026, $2.16 for 2027, and $2.3 for 2028.

What is Nomad Foods’s revenue forecast?

Nomad Foods's average annual revenue forecast for its fiscal year ending in December is $3.21B for 2024, a 7.48% increase from the reported $2.98B in 2023. The forecast for 2025 is $3.31B, $3.4B for 2026, $3.43B for 2027, and $3.47B for 2028.

What is Nomad Foods’s net income forecast?

For its fiscal year ending in December, Nomad Foods's average annual net income forecast is $296.5M for 2024, reflecting an 57.09% increase from the reported $188.75M in 2023. The projection for 2025 is $321.13M, $351.51M for 2026, $369.8M for 2027, and $393.01M for 2028.