Nestlé Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Nestlé stock has a consensus rating of "Buy" and an average price target of $113. The average 1-year stock price forecast is 8.30% higher than the current stock price, while the lowest is $93 (-10.87%) and the highest is $128 (+22.68%).

Price Target: $113 (+8.30%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$93	$113	$113	$128
Change	-10.87%	+8.30%	+8.30%	+22.68%

* Price targets were last updated on Apr 24, 2026.

Analyst Ratings

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

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jul '26
Strong Buy	2	2	2	2	2	2
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	1	1	1	1
Total	5	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephan Lingnau Erste Group	Erste Group	Buy Upgrades n/a	Buy	Upgrades	n/a	n/a	Jul 7, 2026
Fulvio Cazzol Berenberg Bank	Berenberg Bank	Buy Maintains $128	Buy	Maintains	$128	+22.68%	Apr 24, 2026

Financial Forecast

Revenue This Year

89.10B

from 89.89B

-0.87%

from 89.89B

Revenue Next Year

92.17B

from 89.10B

3.44%

from 89.10B

EPS This Year

4.43

from 4.42

0.16%

from 4.42

EPS Next Year

4.72

from 4.43

6.66%

from 4.43

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	87.47B	94.78B	93.35B	91.72B	89.89B	89.10B
Revenue Growth	3.29%	8.36%	-1.51%	-1.75%	-2.00%	-0.87%
Gross Profit	42.00B	43.04B	43.02B	43.05B	41.19B	41.32B
Gross Margin	48.02%	45.41%	46.09%	46.94%	45.83%	46.37%
Operating Income	14.64B	15.65B	15.66B	15.56B	13.91B	14.49B
Net Income	16.91B	9.27B	11.21B	10.88B	9.03B	10.42B
EPS	-	-	-	-	4.42	4.43
EPS Growth	-	-	-	-	-7.34%	0.16%
Forward PE	-	-	-	-	-	19.04
Dividend / Share	2.80	2.95	3.00	3.05	3.10	3.14
Dividend Growth	-	5.36%	1.69%	1.67%	1.64%	1.43%
Free Cash Flow	9.12B	3.81B	8.21B	7.45B	6.24B	9.92B
No. Analysts	-	-	-	-	-	18

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

Revenue Forecast

Revenue	2026	2027	2028
High	91.0B
Avg	89.1B
Low	87.6B

Revenue Growth

Revenue Growth	2026	2027	2028
High	1.2%
Avg	-0.9%
Low	-2.5%

EPS Forecast

EPS	2026	2027	2028
High	4.53
Avg	4.43
Low	4.03

EPS Growth

EPS Growth	2026	2027	2028
High	2.5%
Avg	0.2%
Low	-8.8%