ETR:NCH2 Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, ETR:NCH2 stock has a consensus rating of "Hold" and an average price target of €10.75. The average 1-year stock price forecast is 36.25% higher than the current stock price, while the lowest is €8.00 (+1.39%) and the highest is €15.00 (+90.11%).

Price Target: €10.75 (+36.25%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	€8.00	€10.75	€9.75	€15.00
Change	+1.39%	+36.25%	+23.57%	+90.11%

Analyst Ratings

The average analyst rating for ETR:NCH2 stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	5	5	4	3	3	3
Buy	2	2	2	2	2	2
Hold	3	3	2	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	1	1	2	2	2	2
Total	11	11	10	10	10	10

Financial Forecast

Revenue This Year

514.75M

from 845.20M

-39.10%

from 845.20M

Revenue Next Year

609.41M

from 514.75M

18.39%

from 514.75M

EPS This Year

-0.28

from 0.04

EPS Next Year

0.15

from -0.28

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026
Revenue	319.50M	383.10M	661.00M	862.30M	845.20M	514.75M
Revenue Growth	25.66%	19.91%	72.54%	30.45%	-1.98%	-39.10%
Gross Profit	69.11M	71.30M	96.00M	91.20M	112.20M	60.23M
Gross Margin	21.63%	18.61%	14.52%	10.58%	13.27%	11.70%
Operating Income	26.83M	10.00M	25.00M	-17.40M	2.50M	-50.94M
Net Income	21.29M	6.00M	24.00M	11.40M	4.60M	-36.75M
EPS	-	-	-	-	0.04	-0.28
Free Cash Flow	3.93M	23.28M	223.83M	-95.36M	16.25M	-19.86M
No. Analysts	-	-	-	-	-	10

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

Revenue Forecast

Revenue	2026	2027	2028
High	550.0M
Avg	514.8M
Low	465.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	-34.9%
Avg	-39.1%
Low	-45.0%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-0.28
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-