MTN Nigeria Communications PLC (NGX:MTNN)
Nigeria · Delayed Price · Currency is NGN 775.00
+12.00 (1.57%)
At close: Jun 5, 2026
NGX:MTNN Stock Forecast
Stock Price Forecast
The 5 analysts that cover NGX:MTNN stock have a consensus rating of "Buy" and an average price target of ₦884.11, which forecasts a 14.08% increase in the stock price over the next year. The lowest target is ₦595.64 and the highest is ₦1,048.
Price Target: ₦884.11 (+14.08%)
Analyst Consensus: Buy
Analyst 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 | Nov '25 | Dec '25 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 6 | 5 | 5 | 5 |
Financial Forecast
Revenue This Year
6.52T
from 5.20T
Increased by 25.34%
Revenue Next Year
7.99T
from 6.52T
Increased by 22.45%
EPS This Year
70.99
from 50.24
Increased by 41.29%
EPS Next Year
88.16
from 70.99
Increased by 24.19%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is NGN.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.8T | ||
| Avg | 6.5T | ||
| Low | 6.0T |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 31.2% | ||
| Avg | 25.3% | ||
| Low | 16.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 70.99 | ||
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 41.3% | ||
| Low | - |