Nomura Real Estate Holdings, Inc. (TYO:3231)
Japan flag Japan · Delayed Price · Currency is JPY
972.70
-19.90 (-2.00%)
Jul 30, 2026, 3:30 PM JST

TYO:3231 Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, TYO:3231 stock has a consensus rating of "Buy" and an average price target of ¥1,139. The average 1-year stock price forecast is 17.05% higher than the current stock price, while the lowest is ¥960 (-1.31%) and the highest is ¥1,250 (+28.51%).

Price Target: ¥1,139 (+17.05%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price¥960¥1,139¥1,190¥1,250
Change-1.31%+17.05%+22.34%+28.51%
* Price targets were last updated on Feb 4, 2026.

Analyst Ratings

The average analyst rating for TYO:3231 stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy544333
Buy222333
Hold344445
Sell000000
Strong Sell000000
Total101010101011

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Buy
Maintains
n/a
BuyMaintainsn/an/aJul 23, 2026
Unknown Analyst
SMBC Nikko
No rating
SMBC Nikko
Hold
Downgrades
¥1,130¥1,160
HoldDowngrades¥1,130¥1,160+19.26%Feb 4, 2026

Financial Forecast

Revenue This Year
1.06T
from 942.51B
Increased by 12.67%
Revenue Next Year
1.08T
from 1.06T
Increased by 1.41%
EPS This Year
n/a
EPS Next Year
n/a
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
645.05B654.74B734.72B757.64B942.51B1.06T
Revenue Growth
11.09%1.50%12.22%3.12%24.40%12.67%
Operating Income
91.21B99.60B112.12B118.96B138.24B146.05B
Net Income
55.31B64.52B68.16B74.84B82.88B88.96B
Dividend / Share
19.5024.0028.0034.0040.0045.58
Dividend Growth
-23.08%16.67%21.43%17.65%13.96%
Free Cash Flow
20.15B-114.47B16.23B-246.66B-108.88B-30.53B
No. Analysts
-----12
Financial currency is JPY.

Revenue Forecast

Revenue202720282029
High1.1T
Avg1.1T
Low960.0B

Revenue Growth

Revenue Growth202720282029
High
18.0%
Avg
12.7%
Low
1.9%

EPS Forecast

EPS202720282029
High-
Avg-
Low-

EPS Growth

EPS Growth20282029
High-
Avg-
Low-