MTN Nigeria Communications PLC (NGX:MTNN)
825.00
+5.00 (0.61%)
At close: Oct 16, 2026
NGX:MTNN Stock Forecast
Stock Price Forecast
According to 6 analysts polled by S&P Global, NGX:MTNN stock has a consensus rating of "Buy" and an average price target of ₦1,079. The average 1-year stock price forecast is 30.85% higher than the current stock price, while the lowest is ₦786.82 (-4.63%) and the highest is ₦1,528 (+85.16%).
Price Target: ₦1,079 (+30.85%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for NGX:MTNN stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 5 | 4 | 4 | 4 | 4 | 5 |
Financial Forecast
Revenue This Year
6.39T
from 5.20T
Increased by 22.70%
Revenue Next Year
7.78T
from 6.39T
Increased by 21.81%
EPS This Year
72.75
from 50.24
Increased by 44.78%
EPS Next Year
100.28
from 72.75
Increased by 37.84%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is NGN.