Industrie De Nora Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Industrie De Nora stock has a consensus rating of "Buy" and an average price target of €9.77. The average 1-year stock price forecast is 37.22% higher than the current stock price, while the lowest is €6.80 (-4.49%) and the highest is €15.10 (+112.08%).

Price Target: €9.77 (+37.22%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	€6.80	€9.77	€8.45	€15.10
Change	-4.49%	+37.22%	+18.68%	+112.08%

Analyst Ratings

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

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	3	3	3	3	3	3
Buy	0	0	0	0	0	0
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Constantin Hesse Jefferies	Jefferies	Hold Maintains €6.80	Hold	Maintains	€6.80	-4.49%	May 26, 2026
Matteo Bonizzoni Kepler Capital	Kepler Capital	Hold Maintains €6.40 → €7.30	Hold	Maintains	€6.40 → €7.30	+2.53%	May 7, 2026
Unknown Analyst Goldman Sachs No rating	Goldman Sachs	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Mar 20, 2026

Financial Forecast

Revenue This Year

857.24M

from 882.08M

-2.82%

from 882.08M

Revenue Next Year

914.55M

from 857.24M

6.69%

from 857.24M

EPS This Year

0.32

from 0.45

-29.52%

from 0.45

EPS Next Year

0.38

from 0.32

21.30%

from 0.32

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	618.86M	857.21M	868.35M	870.73M	882.08M	857.24M
Revenue Growth	22.52%	38.51%	1.30%	0.27%	1.30%	-2.82%
Gross Profit	249.99M	332.97M	330.98M	320.21M	347.38M	285.86M
Gross Margin	40.40%	38.84%	38.12%	36.77%	39.38%	33.35%
Operating Income	92.01M	154.14M	144.73M	111.68M	127.56M	110.67M
Net Income	66.70M	89.56M	230.05M	83.38M	82.34M	64.25M
EPS	-	-	-	-	0.45	0.32
EPS Growth	-	-	-	-	0.87%	-29.52%
Forward PE	-	29.36	21.19	17.28	18.67	22.43
Dividend / Share	-	0.12	0.12	0.10	0.10	0.09
Dividend Growth	-	-	2.50%	-15.45%	-0.96%	-13.56%
Free Cash Flow	-60.97M	-84.78M	190.73M	33.31M	47.92M	39.80M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue	2026	2027	2028
High	890.4M
Avg	857.2M
Low	810.2M

Revenue Growth

Revenue Growth	2026	2027	2028
High	0.9%
Avg	-2.8%
Low	-8.1%

EPS Forecast

EPS	2026	2027	2028
High	0.35
Avg	0.32
Low	0.29

EPS Growth

EPS Growth	2026	2027	2028
High	-22.1%
Avg	-29.5%
Low	-35.6%