Nestlé Nigeria Plc (NGX:NESTLE)
Nigeria flag Nigeria · Delayed Price · Currency is NGN
2,995.00
0.00 (0.00%)
At close: Sep 2, 2026

Nestlé Nigeria Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Nestlé Nigeria stock has a consensus rating of "Buy" and an average price target of ₦3,343. The average 1-year stock price forecast is 11.63% higher than the current stock price, while the lowest is ₦2,711 (-9.48%) and the highest is ₦3,816 (+27.43%).

Price Target: ₦3,343 (+11.63%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₦2,711₦3,343₦3,423₦3,816
Change-9.48%+11.63%+14.28%+27.43%

Analyst Ratings

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

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy212111
Buy000000
Hold111112
Sell000000
Strong Sell222000
Total545223

Financial Forecast

Revenue This Year
1.37T
from 1.21T
Increased by 13.76%
Revenue Next Year
1.57T
from 1.37T
Increased by 14.30%
EPS This Year
187.96
from 132.42
Increased by 41.94%
EPS Next Year
231.24
from 187.96
Increased by 23.03%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
351.82B446.82B547.12B958.81B1.21T1.37T
Revenue Growth
22.55%27.00%22.45%75.25%25.97%13.76%
Gross Profit
131.84B155.76B217.15B306.27B435.76B525.54B
Gross Margin
37.47%34.86%39.69%31.94%36.08%38.25%
Operating Income
71.69B86.89B123.34B169.68B224.59B289.74B
Net Income
40.04B48.97B-79.47B-164.60B104.97B150.12B
EPS
----132.42187.96
EPS Growth
-----41.94%
Forward PE
23.5115.9936.7267.718.9315.93
Dividend / Share
50.5061.50---40.54
Free Cash Flow
51.19B-24.37B27.88B-102.46B143.75B162.95B
No. Analysts
-----4
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is NGN.

Revenue Forecast

Revenue202620272028
High1.5T
Avg1.4T
Low1.3T

Revenue Growth

Revenue Growth202620272028
High
25.0%
Avg
13.8%
Low
9.5%

EPS Forecast

EPS202620272028
High202.10
Avg187.96
Low175.21

EPS Growth

EPS Growth202620272028
High
52.6%
Avg
41.9%
Low
32.3%