Novem Group Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Novem Group stock has a consensus rating of "Buy" and an average price target of €10.60. The average 1-year stock price forecast is 304.58% higher than the current stock price, while the lowest is €2.60 (-0.76%) and the highest is €26.00 (+892.37%).

Price Target: €10.60 (+304.58%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	€2.60	€10.60	€3.20	€26.00
Change	-0.76%	+304.58%	+22.14%	+892.37%

* Price targets were last updated on Apr 16, 2026.

Analyst Ratings

The average analyst rating for Novem Group 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	Apr '26	May '26	Jun '26
Strong Buy	1	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alexandre Raverdy Kepler Capital	Kepler Capital	Buy Maintains €3.50 → €3.20	Buy	Maintains	€3.50 → €3.20	+22.14%	Apr 16, 2026

Financial Forecast

Revenue This Year

501.97M

from 510.90M

-1.75%

from 510.90M

Revenue Next Year

512.18M

from 501.97M

2.03%

from 501.97M

EPS This Year

0.31

from 0.42

-26.04%

from 0.42

EPS Next Year

0.39

from 0.31

26.87%

from 0.31

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	614.63M	700.30M	635.51M	541.46M	510.90M	501.97M
Revenue Growth	1.98%	13.94%	-9.25%	-14.80%	-5.65%	-1.75%
Operating Income	74.61M	79.70M	59.15M	43.17M	31.70M	32.62M
Net Income	43.97M	49.98M	34.78M	11.13M	11.30M	13.21M
EPS	-	-	-	-	0.42	0.31
EPS Growth	-	-	-	-	31.21%	-26.04%
Forward PE	7.14	6.87	4.36	6.87	6.61	8.52
Dividend / Share	0.40	0.40	-	-	-	0.10
Free Cash Flow	35.24M	61.51M	27.69M	17.42M	49.45M	31.10M
No. Analysts	-	-	-	-	-	2

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

Revenue Forecast

Revenue	2027	2028	2029
High	516.0M
Avg	502.0M
Low	487.9M

Revenue Growth

Revenue Growth	2027	2028	2029
High	1.0%
Avg	-1.7%
Low	-4.5%

EPS Forecast

EPS	2027	2028	2029
High	0.31
Avg	0.31
Low	0.31

EPS Growth

EPS Growth	2027	2028	2029
High	-25.4%
Avg	-26.0%
Low	-26.6%