Nomad Foods (NOMD) Stock Forecast, Price Target & Predictions
NOMD Stock Forecast
Nomad Foods stock forecast is as follows: an average price target of $24.00 (represents a 35.75% upside from NOMD’s last price of $17.68) 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 $24.00 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 35.75% upside from NOMD's last price of $17.68.
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 |
|---|---|---|---|---|---|---|
| May 10, 2024 | John Baumgartner | Mizuho Securities | $28.00 | $19.08 | 46.75% | 58.37% |
| Apr 29, 2024 | Steve Powers | Deutsche Bank | $23.00 | $18.43 | 24.80% | 30.09% |
| Jan 05, 2023 | - | Credit Suisse | $20.00 | $17.94 | 11.48% | 13.12% |
| Sep 02, 2022 | - | Mizuho Securities | $24.00 | $17.61 | 36.29% | 35.75% |
| Jul 25, 2022 | - | Deutsche Bank | $25.00 | $18.59 | 34.48% | 41.40% |
| May 13, 2022 | - | BTIG | $25.00 | $21.06 | 18.71% | 41.40% |
| May 12, 2022 | - | Deutsche Bank | $26.00 | $19.86 | 30.88% | 47.06% |
| May 03, 2022 | - | Mizuho Securities | $25.00 | $18.61 | 34.30% | 41.40% |
The latest Nomad Foods stock forecast, released on May 10, 2024 by John Baumgartner from Mizuho Securities, set a price target of $28.00, which represents a 46.75% increase from the stock price at the time of the forecast ($19.08), and a 58.37% increase from NOMD last price ($17.68).
Nomad Foods Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $25.50 |
| Last Closing Price | $17.68 | $17.68 | $17.68 |
| Upside/Downside | -100.00% | -100.00% | 44.23% |
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 $17.68. This month's average price target is down NaN% compared to last quarter, and down -100.00% 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 |
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 | $925.68M | $911.80M | $867.73M | $909.51M | $891.94M | $886.09M | $852.55M | $891.51M | $876.74M | $878.89M | $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 | $925.68M | $911.80M | $867.73M | $909.51M | $891.94M | $886.09M | $852.55M | $891.51M | $876.74M | $885.43M | $814.66M | $850.33M | $851.38M | $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 |
| Low Forecast | $925.68M | $911.80M | $867.73M | $909.51M | $891.94M | $886.09M | $852.55M | $891.51M | $876.74M | $872.33M | $814.66M | $850.33M | $845.84M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 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 $808.25M, and a high forecast of $808.25M. 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 | 1 | 1 | 3 | 1 | 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 | $163.28M | $160.83M | $153.06M | $160.43M | $157.33M | $156.30M | $150.38M | $157.25M | $154.65M | $155.03M | $143.70M | $132.56M | $149.69M | $140.78M | $142.57M | $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 | $163.28M | $160.83M | $153.06M | $160.43M | $157.33M | $156.30M | $150.38M | $157.25M | $154.65M | $156.18M | $143.70M | $159.07M | $150.17M | $140.78M | $142.57M | $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 | $163.28M | $160.83M | $153.06M | $160.43M | $157.33M | $156.30M | $150.38M | $157.25M | $154.65M | $153.87M | $143.70M | $106.05M | $149.20M | $140.78M | $142.57M | $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 $142.57M, with a high of $142.57M and a low of $142.57M. This is 7.11% 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 | 1 | 1 | 3 | 1 | 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 | $82.56M | $102.03M | $85.47M | $74.35M | $76.57M | $91.83M | $76.99M | $70.87M | $71.72M | $83.47M | $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 | $82.56M | $102.03M | $85.47M | $74.35M | $76.57M | $91.83M | $76.99M | $70.87M | $71.72M | $83.47M | $68.34M | $81.21M | $51.09M | $62.81M | $60.17M | $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 | $82.56M | $102.03M | $85.47M | $74.35M | $76.57M | $91.83M | $76.99M | $70.87M | $71.72M | $82.06M | $66.96M | $54.14M | $51.09M | $62.37M | $60.17M | $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 $60.17M to $60.17M. 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 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 9 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $119.01M | $117.22M | $111.56M | $116.93M | $114.67M | $113.92M | $109.60M | $114.61M | $112.71M | $112.99M | $104.73M | $109.32M | $109.10M | $102.61M | $103.91M | $107.73M | $100.67M | $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 | $119.01M | $117.22M | $111.56M | $116.93M | $114.67M | $113.92M | $109.60M | $114.61M | $112.71M | $113.83M | $104.73M | $109.32M | $109.45M | $102.61M | $103.91M | $107.73M | $100.67M | $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 | $119.01M | $117.22M | $111.56M | $116.93M | $114.67M | $113.92M | $109.60M | $114.61M | $112.71M | $112.15M | $104.73M | $109.32M | $108.74M | $102.61M | $103.91M | $107.73M | $100.67M | $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 | 1 | 1 | 3 | 1 | 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 | $0.51 | $0.63 | $0.52 | $0.46 | $0.47 | $0.56 | $0.47 | $0.43 | $0.44 | $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 | $0.51 | $0.63 | $0.52 | $0.46 | $0.47 | $0.56 | $0.47 | $0.43 | $0.44 | $0.51 | $0.42 | $0.37 | $0.31 | $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 | $0.51 | $0.63 | $0.52 | $0.46 | $0.47 | $0.56 | $0.47 | $0.43 | $0.44 | $0.50 | $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 |
| 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 $0.37 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 |
|---|---|---|---|---|---|
| CENT | Central Garden & Pet Company | $35.17 | $50.67 | 44.07% | - |
| NOMD | Nomad Foods | $17.68 | $24.00 | 35.75% | Buy |
| POST | Post | $109.10 | $135.00 | 23.74% | Buy |
| LANC | Lancaster Colony | $187.32 | $216.00 | 15.31% | Buy |
| THS | TreeHouse Foods | $37.52 | $42.00 | 11.94% | Hold |
| INGR | Ingredion | $134.04 | $138.75 | 3.51% | Buy |
| PPC | Pilgrim's Pride | $51.25 | $38.80 | -24.29% | Buy |
| BRBR | BellRing Brands | $67.52 | $44.00 | -34.83% | 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 $24 with a range of $20 to $28, implying a 35.75% from its last price of $17.68. 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 35.75% (from the last price of $17.68 to the average price target of $24), up by 58.37% based on the highest stock price target, and up by 13.12% based on the lowest stock price target.
Can Nomad Foods stock reach $30?
NOMD's average twelve months analyst stock price target of $24 does not support the claim that Nomad Foods can reach $30 in the near future.
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 $3.52B (high $3.52B, low $3.52B), average EBITDA is $621.26M (high $621.26M, low $621.26M), average net income is $316.25M (high $316.25M, low $316.25M), average SG&A $452.8M (high $452.8M, low $452.8M), and average EPS is $1.94 (high $1.94, low $1.94). NOMD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.61B (high $3.61B, low $3.61B), average EBITDA is $637.6M (high $637.6M, low $637.6M), average net income is $344.41M (high $344.41M, low $344.41M), average SG&A $464.71M (high $464.71M, low $464.71M), and average EPS is $2.11 (high $2.11, low $2.11).
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 $387.63M 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 $107.73M by -100.00%. Lastly, the company's EPS was $0.24, missing the average prediction of $0.379 by -36.66%