Nickel Industries Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Nickel Industries stock has a consensus rating of "Buy" and an average price target of $1.19. The average 1-year stock price forecast is 24.61% higher than the current stock price, while the lowest is $0.65 (-31.94%) and the highest is $2.00 (+109.42%).

Price Target: $1.19 (+24.61%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$0.65	$1.19	$1.15	$2.00
Change	-31.94%	+24.61%	+20.42%	+109.42%

Analyst Ratings

The average analyst rating for Nickel Industries stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	5	6	6	6	6	5
Buy	0	0	0	0	0	0
Hold	2	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	7	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mitch Ryan Jefferies	Jefferies	Hold Downgrades $1.20 → $1.00	Hold	Downgrades	$1.20 → $1.00	+4.71%	Jun 9, 2026
Unknown Analyst Ord Minnett No rating	Ord Minnett	Buy Maintains $2.00	Buy	Maintains	$2.00	+109.42%	May 7, 2026
Timothy Hoff Canaccord Genuity	Canaccord Genuity	Buy Maintains $1.15	Buy	Maintains	$1.15	+20.42%	May 4, 2026
David Coates Bell Potter	Bell Potter	Buy Maintains $1.45	Buy	Maintains	$1.45	+51.83%	May 3, 2026
Unknown Analyst Macquarie No rating	Macquarie	Buy Maintains $1.20	Buy	Maintains	$1.20	+25.65%	Apr 30, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.19B

from 1.65B

32.75%

from 1.65B

Revenue Next Year

2.78B

from 2.19B

27.10%

from 2.19B

EPS This Year

0.09

from -0.01

EPS Next Year

0.14

from 0.09

61.70%

from 0.09

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	645.94M	1.22B	1.88B	1.74B	1.65B	2.19B
Revenue Growth	23.39%	88.41%	54.48%	-7.22%	-5.47%	32.75%
Gross Profit	252.73M	360.42M	449.68M	314.65M	280.96M	428.58M
Gross Margin	39.13%	29.61%	23.92%	18.04%	17.04%	19.58%
Operating Income	194.07M	258.48M	303.91M	150.88M	116.23M	472.48M
Net Income	137.94M	158.98M	121.60M	-168.59M	-57.06M	277.00M
EPS	-	-	-	-	-0.01	0.09
Forward PE	12.48	7.09	8.74	12.87	19.02	7.56
Dividend / Share	0.03	0.03	0.03	0.02	-	0.04
Free Cash Flow	60.49M	-18.63M	-25.91M	123.35M	54.24M	527.31M
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	2.5B
Avg	2.2B
Low	2.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	50.3%
Avg	32.7%
Low	21.5%

EPS Forecast

EPS	2026	2027	2028
High	0.14
Avg	0.09
Low	0.05

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-