NMDC Group PJSC (ADX:NMDC)
United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
20.00
-0.10 (-0.50%)
Last updated: Jun 9, 2026, 10:00 AM GST

NMDC Group PJSC Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, NMDC Group PJSC stock has a consensus rating of "Strong Buy" and an average price target of AED 31.03. The average 1-year stock price forecast is 55.15% higher than the current stock price, while the lowest is AED 28.10 (+40.50%) and the highest is AED 34.00 (+70.00%).

Price Target: AED 31.03 (+55.15%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
PriceAED 28.10AED 31.03AED 31.00AED 34.00
Change+40.50%+55.15%+55.00%+70.00%

Analyst Ratings

The average analyst rating for NMDC Group PJSC stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingFeb '25May '25Jul '25Nov '25Feb '26May '26
Strong Buy000112
Buy111111
Hold000000
Sell000000
Strong Sell000000
Total111223

Financial Forecast

Revenue This Year
29.48B
from 28.81B
Increased by 2.34%
Revenue Next Year
30.31B
from 29.48B
Increased by 2.79%
EPS This Year
3.28
from 4.29
Decreased by -23.54%
EPS Next Year
3.41
from 3.28
Increased by 3.81%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
7.89B10.69B16.71B26.26B28.81B29.48B
Revenue Growth
78.30%35.45%56.36%57.19%9.70%2.34%
Gross Profit
1.07B1.11B2.16B3.62B4.79B3.69B
Gross Margin
13.53%10.37%12.94%13.77%16.62%12.50%
Operating Income
862.51M948.50M1.90B3.28B4.39B3.36B
Net Income
1.00B1.30B2.15B2.96B3.63B2.77B
EPS
----4.293.28
EPS Growth
----20.85%-23.54%
Forward PE
-28.5710.479.045.256.10
Dividend / Share
--0.750.831.001.06
Dividend Growth
---10.67%20.48%6.00%
Free Cash Flow
559.38M855.26M1.47B1.55B336.29M635.00M
No. Analysts
-----1
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AED.

Revenue Forecast

Revenue202620272028
High29.5B
Avg29.5B
Low29.5B

Revenue Growth

Revenue Growth202620272028
High
2.3%
Avg
2.3%
Low
2.3%

EPS Forecast

EPS202620272028
High-
Avg3.28
Low-

EPS Growth

EPS Growth202620272028
High-
Avg
-23.5%
Low-