Northern Technologies (NTIC) Stock Forecast, Price Target & Predictions
NTIC Stock Forecast
Northern Technologies stock forecast is as follows: an average price target of $20.00 (represents a 59.62% upside from NTIC’s last price of $12.53) and a rating consensus of 'Sell', based on 1 wall street analysts offering a 1-year stock forecast.
NTIC Price Target
The average price target for Northern Technologies (NTIC) is $20.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $20.00. This represents a potential 59.62% upside from NTIC's last price of $12.53.
NTIC Analyst Ratings
According to 1 Wall Street analysts, Northern Technologies's rating consensus is 'Sell'. The analyst rating breakdown for NTIC stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 0 'Hold' (0.00%), 1 'Sell' (100.00%), and 0 'Strong Sell' (0.00%).
Northern Technologies Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 12, 2024 | Gus Richard | Northland Securities | $20.00 | $13.75 | 45.45% | 59.62% |
The latest Northern Technologies stock forecast, released on Apr 12, 2024 by Gus Richard from Northland Securities, set a price target of $20.00, which represents a 45.45% increase from the stock price at the time of the forecast ($13.75), and a 59.62% increase from NTIC last price ($12.53).
Northern Technologies Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $20.00 |
| Last Closing Price | $12.53 | $12.53 | $12.53 |
| Upside/Downside | -100.00% | -100.00% | 59.62% |
In the current month, the average price target of Northern Technologies stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Northern Technologies's last price of $12.53. 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 |
|---|---|---|---|---|
| Apr 26, 2022 | Zacks Investment Research | - | Sell | Downgrade |
Northern Technologies's last stock rating was published by Zacks Investment Research on Apr 26, 2022. The company Downgrade its NTIC rating from "null" to "Sell".
Northern Technologies Financial Forecast
Northern Technologies Revenue Forecast
| Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 14 | Mar 14 | Nov 13 | May 13 | Mar 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $20.71M | $20.97M | - | - | $20.25M | $18.96M | - | $18.19M | $15.51M | $15.42M | - | $12.78M | $10.03M | $9.74M | - | $14.63M | $13.45M | $6.92M | - | $6.31M | $5.88M | - |
| Avg Forecast | $25.30M | $24.30M | $22.10M | $22.20M | $22.50M | $23.00M | $21.20M | $21.00M | $21.40M | $20.60M | $20.40M | $19.50M | $19.50M | $19.00M | $17.60M | $16.90M | $15.80M | $14.10M | $12.00M | $12.00M | $10.50M | $10.30M | $13.00M | $15.00M | $15.20M | $8.81M | $6.22M | $6.31M | $4.81M | $8.40M |
| High Forecast | $25.30M | $24.30M | $22.10M | $22.20M | $22.50M | $23.00M | $21.20M | $21.00M | $21.40M | $20.60M | $20.40M | $19.50M | $19.50M | $22.80M | $17.60M | $16.90M | $15.80M | $14.10M | $12.00M | $12.00M | $10.50M | $10.30M | $13.00M | $15.00M | $15.20M | $10.57M | $7.46M | $7.57M | $5.77M | $10.08M |
| Low Forecast | $25.30M | $24.30M | $22.10M | $22.20M | $22.50M | $23.00M | $21.20M | $21.00M | $21.40M | $20.60M | $20.40M | $19.50M | $19.50M | $15.20M | $17.60M | $16.90M | $15.80M | $14.10M | $12.00M | $12.00M | $10.50M | $10.30M | $13.00M | $15.00M | $15.20M | $7.05M | $4.98M | $5.05M | $3.85M | $6.72M |
| # Analysts | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | 19 | - | - | - | - | - | - | - | - | - | - | - | 9 | 15 | 8 | 18 | 15 |
| Surprise % | - | - | - | - | - | - | - | - | 0.97% | 1.02% | - | - | 1.04% | 1.00% | - | 1.08% | 0.98% | 1.09% | - | 1.06% | 0.96% | 0.95% | - | 0.98% | 0.88% | 0.79% | - | 1.00% | 1.22% | - |
Northern Technologies's average Quarter revenue forecast for Dec 23 based on 0 analysts is $21.00M, with a low forecast of $21.00M, and a high forecast of $21.00M. NTIC's average Quarter revenue forecast represents a 1.40% increase compared to the company's last Quarter revenue of $20.71M (Aug 23).
Northern Technologies EBITDA Forecast
| Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 14 | Mar 14 | Nov 13 | May 13 | Mar 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | 19 | - | - | - | - | - | - | - | - | - | - | - | 9 | 15 | 8 | 18 | 15 |
| EBITDA | - | - | - | - | - | - | - | - | $2.48M | $2.81M | - | - | $1.63M | $1.84M | - | $5.34M | $2.47M | $2.62M | - | $1.91M | $311.58K | $-483.58K | - | $1.75M | $1.30M | $1.49M | - | $1.21M | $1.26M | - |
| Avg Forecast | $2.32M | $2.23M | $2.03M | $2.04M | $2.06M | $2.11M | $1.94M | $1.93M | $1.96M | $1.89M | $1.87M | $1.79M | $1.79M | $1.95M | $1.00M | $7.47M | $1.45M | $1.10M | $776.69K | $425.23K | $962.65K | $-446.13K | $1.51M | $1.75M | $1.39M | $1.81M | $1.42M | $1.21M | $978.82K | $1.11M |
| High Forecast | $2.32M | $2.23M | $2.03M | $2.04M | $2.06M | $2.11M | $1.94M | $1.93M | $1.96M | $1.89M | $1.87M | $1.79M | $1.79M | $2.34M | $1.21M | $8.96M | $1.45M | $1.33M | $932.03K | $510.27K | $962.65K | $-356.91K | $1.81M | $2.10M | $1.39M | $2.17M | $1.70M | $1.45M | $1.17M | $1.33M |
| Low Forecast | $2.32M | $2.23M | $2.03M | $2.04M | $2.06M | $2.11M | $1.94M | $1.93M | $1.96M | $1.89M | $1.87M | $1.79M | $1.79M | $1.56M | $803.64K | $5.98M | $1.45M | $883.77K | $621.35K | $340.18K | $962.65K | $-535.36K | $1.21M | $1.40M | $1.39M | $1.45M | $1.14M | $966.70K | $783.06K | $885.79K |
| Surprise % | - | - | - | - | - | - | - | - | 1.26% | 1.49% | - | - | 0.91% | 0.94% | - | 0.71% | 1.70% | 2.37% | - | 4.48% | 0.32% | 1.08% | - | 1.00% | 0.93% | 0.82% | - | 1.00% | 1.29% | - |
0 analysts predict NTIC's average Quarter EBITDA for Dec 23 to be $1.93M, with a high of $1.93M and a low of $1.93M. This is -22.40% lower than Northern Technologies's previous annual EBITDA (Aug 23) of $2.48M.
Northern Technologies Net Income Forecast
| Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 14 | Mar 14 | Nov 13 | May 13 | Mar 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | 19 | - | - | - | - | - | - | - | - | - | - | - | 9 | 15 | 8 | 18 | 15 |
| Net Income | - | - | - | - | - | - | - | - | $938.95K | $1.53M | - | - | $957.35K | $1.00M | - | $4.72M | $1.65M | $2.05M | - | $1.26M | $-1.76M | $-965.22K | - | $1.21M | $828.85K | $980.22K | - | $858.59K | $927.11K | - |
| Avg Forecast | $2.20M | $2.40M | $1.80M | $1.70M | $1.90M | $2.40M | $1.70M | $1.80M | $1.80M | $1.90M | $1.80M | $1.10M | $1.30M | $1.20M | $243.79K | $6.29M | $2.04M | $868.96K | $541.44K | $926.00 | $-485.33K | $-890.47K | $291.33K | $1.21M | - | $1.19M | $1.03M | $858.59K | $721.09K | $597.31K |
| High Forecast | $2.20M | $2.40M | $1.80M | $1.70M | $1.90M | $2.40M | $1.70M | $1.80M | $1.80M | $1.90M | $1.80M | $1.10M | $1.30M | $1.44M | $292.56K | $7.55M | $2.04M | $1.04M | $649.72K | $1.11K | $-485.33K | $-712.38K | $349.60K | $1.46M | - | $1.43M | $1.23M | $1.03M | $865.30K | $716.78K |
| Low Forecast | $2.20M | $2.40M | $1.80M | $1.70M | $1.90M | $2.40M | $1.70M | $1.80M | $1.80M | $1.90M | $1.80M | $1.10M | $1.30M | $960.16K | $195.04K | $5.03M | $2.04M | $695.17K | $433.15K | $741.00 | $-485.33K | $-1.07M | $233.06K | $970.04K | - | $952.21K | $820.03K | $686.87K | $576.87K | $477.85K |
| Surprise % | - | - | - | - | - | - | - | - | 0.52% | 0.80% | - | - | 0.74% | 0.83% | - | 0.75% | 0.81% | 2.36% | - | 1363.28% | 3.64% | 1.08% | - | 1.00% | - | 0.82% | - | 1.00% | 1.29% | - |
Northern Technologies's average Quarter net income forecast for Dec 23 is $1.80M, with a range of $1.80M to $1.80M. NTIC's average Quarter net income forecast represents a 92.00% increase compared to the company's last Quarter net income of $938.95K (Aug 23).
Northern Technologies SG&A Forecast
| Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 14 | Mar 14 | Nov 13 | May 13 | Mar 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | 19 | - | - | - | - | - | - | - | - | - | - | - | 9 | 15 | 8 | 18 | 15 |
| SG&A | - | - | - | - | - | - | - | - | $7.99M | $6.87M | - | - | $6.30M | $6.01M | - | $5.83M | $5.41M | $5.24M | - | $4.84M | $4.25M | $4.70M | - | $4.94M | $5.25M | $2.62M | - | $2.71M | $2.35M | - |
| Avg Forecast | $9.00M | $8.64M | $7.86M | $7.89M | $8.00M | $8.18M | $7.54M | $7.47M | $7.61M | $7.32M | $7.25M | $6.93M | $6.93M | $7.21M | $7.32M | $8.17M | $5.62M | $2.22M | $1.98M | $3.19M | $3.73M | $4.34M | $8.84M | $4.94M | $5.40M | $3.18M | $2.50M | $2.71M | $1.83M | $3.19M |
| High Forecast | $9.00M | $8.64M | $7.86M | $7.89M | $8.00M | $8.18M | $7.54M | $7.47M | $7.61M | $7.32M | $7.25M | $6.93M | $6.93M | $8.66M | $8.78M | $9.80M | $5.62M | $2.66M | $2.37M | $3.83M | $3.73M | $5.20M | $10.61M | $5.92M | $5.40M | $3.82M | $3.00M | $3.25M | $2.19M | $3.82M |
| Low Forecast | $9.00M | $8.64M | $7.86M | $7.89M | $8.00M | $8.18M | $7.54M | $7.47M | $7.61M | $7.32M | $7.25M | $6.93M | $6.93M | $5.77M | $5.86M | $6.53M | $5.62M | $1.77M | $1.58M | $2.55M | $3.73M | $3.47M | $7.07M | $3.95M | $5.40M | $2.55M | $2.00M | $2.17M | $1.46M | $2.55M |
| Surprise % | - | - | - | - | - | - | - | - | 1.05% | 0.94% | - | - | 0.91% | 0.83% | - | 0.71% | 0.96% | 2.36% | - | 1.52% | 1.14% | 1.08% | - | 1.00% | 0.97% | 0.82% | - | 1.00% | 1.29% | - |
Northern Technologies's average Quarter SG&A projection for Dec 23 is $7.47M, based on 0 Wall Street analysts, with a range of $7.47M to $7.47M. The forecast indicates a -6.55% fall compared to NTIC last annual SG&A of $7.99M (Aug 23).
Northern Technologies EPS Forecast
| Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Nov 21 | Aug 21 | May 21 | Mar 21 | Nov 20 | Aug 20 | May 20 | Mar 20 | Nov 19 | Aug 19 | May 14 | Mar 14 | Nov 13 | May 13 | Mar 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | 19 | - | - | - | - | - | - | - | - | - | - | - | 9 | 15 | 8 | 18 | 15 |
| EPS | - | - | - | - | - | - | - | - | $0.10 | $0.16 | - | - | $0.10 | $0.11 | - | $0.51 | $0.18 | $0.23 | - | $0.14 | $-0.19 | $-0.11 | - | $0.13 | $0.09 | $0.11 | - | $0.10 | $0.10 | - |
| Avg Forecast | $0.22 | $0.24 | $0.18 | $0.17 | $0.19 | $0.24 | $0.17 | $0.18 | $0.18 | $0.19 | $0.18 | $0.11 | $0.13 | $1.15 | $0.06 | $0.18 | $0.21 | $0.13 | $0.08 | $0.05 | $-0.05 | $-0.06 | $0.16 | $0.13 | - | $0.17 | $0.11 | $0.10 | $0.07 | $0.11 |
| High Forecast | $0.22 | $0.24 | $0.18 | $0.17 | $0.19 | $0.24 | $0.17 | $0.18 | $0.18 | $0.19 | $0.18 | $0.11 | $0.13 | $1.15 | $0.06 | $0.18 | $0.21 | $0.13 | $0.08 | $0.05 | $-0.05 | $-0.06 | $0.19 | $0.16 | - | $0.20 | $0.13 | $0.12 | $0.08 | $0.13 |
| Low Forecast | $0.22 | $0.24 | $0.18 | $0.17 | $0.19 | $0.24 | $0.17 | $0.18 | $0.18 | $0.19 | $0.18 | $0.11 | $0.13 | $1.15 | $0.06 | $0.18 | $0.21 | $0.13 | $0.08 | $0.05 | $-0.05 | $-0.06 | $0.13 | $0.10 | - | $0.14 | $0.09 | $0.08 | $0.06 | $0.09 |
| Surprise % | - | - | - | - | - | - | - | - | 0.56% | 0.84% | - | - | 0.77% | 0.10% | - | 2.83% | 0.86% | 1.77% | - | 2.80% | 3.80% | 1.83% | - | 1.00% | - | 0.65% | - | 0.95% | 1.50% | - |
According to 0 Wall Street analysts, Northern Technologies's projected average Quarter EPS for Dec 23 is $0.18, with a low estimate of $0.18 and a high estimate of $0.18. This represents a 80.00% increase compared to NTIC previous annual EPS of $0.10 (Aug 23).
Northern Technologies Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NTIC | Northern Technologies | $12.53 | $20.00 | 59.62% | Sell |
| ECVT | Ecovyst | $6.68 | $10.00 | 49.70% | Buy |
| MTX | Minerals | $72.81 | $90.00 | 23.61% | Buy |
| KWR | Quaker Chemical | $164.69 | $197.50 | 19.92% | Buy |
| SXT | Sensient | $75.53 | $85.00 | 12.54% | - |
| FUL | H.B. Fuller Company | $80.78 | $85.60 | 5.97% | Buy |
| ESI | Element Solutions | $25.62 | $25.60 | -0.08% | Buy |
NTIC Forecast FAQ
Is Northern Technologies a good buy?
No, according to 1 Wall Street analysts, Northern Technologies (NTIC) is considered a 'Sell'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of NTIC's total ratings.
What is NTIC's price target?
Northern Technologies (NTIC) average price target is $20 with a range of $20 to $20, implying a 59.62% from its last price of $12.53. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Northern Technologies stock go up soon?
According to Wall Street analysts' prediction for NTIC stock, the company can go up by 59.62% (from the last price of $12.53 to the average price target of $20), up by 59.62% based on the highest stock price target, and up by 59.62% based on the lowest stock price target.
Can Northern Technologies stock reach $20?
NTIC's average twelve months analyst stock price target of $20 does not support the claim that Northern Technologies can reach $20 in the near future.
What are Northern Technologies's analysts' financial forecasts?
Northern Technologies's analysts financial forecasts for the fiscal year (Aug 2024) are as follows: average revenue is $87.7M (high $87.7M, low $87.7M), average EBITDA is $8.04M (high $8.04M, low $8.04M), average net income is $7.81M (high $7.81M, low $7.81M), average SG&A $31.18M (high $31.18M, low $31.18M), and average EPS is $0.78 (high $0.78, low $0.78). NTIC's analysts financial forecasts for the fiscal year (Aug 2025) are as follows: average revenue is $93.9M (high $93.9M, low $93.9M), average EBITDA is $8.61M (high $8.61M, low $8.61M), average net income is $8.11M (high $8.11M, low $8.11M), average SG&A $33.39M (high $33.39M, low $33.39M), and average EPS is $0.81 (high $0.81, low $0.81).
Did the NTIC's actual financial results beat the analysts' financial forecasts?
Based on Northern Technologies's last annual report (Aug 2023), the company's revenue was $100.68B, beating the average analysts forecast of $81.9M by 122833.23%. Apple's EBITDA was $8.93B, beating the average prediction of $7.51M by 118885.12%. The company's net income was $8.93B, beating the average estimation of $6.61M by 135054.81%. Apple's SG&A was $0, missing the average forecast of $29.12M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $0.66 by -100.00%. In terms of the last quarterly report (Aug 2023), Northern Technologies's revenue was $20.71M, missing the average analysts' forecast of $21.4M by -3.23%. The company's EBITDA was $2.48M, beating the average prediction of $1.96M by 26.45%. Northern Technologies's net income was $938.95K, missing the average estimation of $1.8M by -47.92%. The company's SG&A was $7.99M, beating the average forecast of $7.61M by 5.01%. Lastly, the company's EPS was $0.1, missing the average prediction of $0.18 by -44.44%