NOF Corporation Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, NOF Corporation stock has a consensus rating of "Strong Buy" and an average price target of ¥3,800. The average 1-year stock price forecast is 33.71% higher than the current stock price, while the lowest is ¥3,500 (+23.15%) and the highest is ¥4,200 (+47.78%).

Price Target: ¥3,800 (+33.71%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	¥3,500	¥3,800	¥3,800	¥4,200
Change	+23.15%	+33.71%	+33.71%	+47.78%

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

Analyst Ratings

The average analyst rating for NOF Corporation stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	May '26	Jun '26
Strong Buy	3	3	3	3	3	3
Buy	1	1	1	2	2	2
Hold	1	1	1	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Nomura No rating	Nomura	Buy Maintains ¥3,600	Buy	Maintains	¥3,600	+26.67%	Mar 24, 2026
Unknown Analyst Morgan Stanley No rating	Morgan Stanley	Buy Upgrades ¥3,600	Buy	Upgrades	¥3,600	+26.67%	Mar 23, 2026

Financial Forecast

Revenue This Year

303.88B

from 257.97B

17.80%

from 257.97B

Revenue Next Year

326.08B

from 303.88B

7.31%

from 303.88B

EPS This Year

n/a

from -

EPS Next Year

n/a

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	192.64B	217.71B	222.25B	238.31B	257.97B	303.88B
Revenue Growth	11.58%	13.01%	2.09%	7.23%	8.25%	17.80%
Gross Profit	68.93B	75.94B	79.49B	85.15B	89.09B	99.98B
Gross Margin	35.78%	34.88%	35.77%	35.73%	34.54%	32.90%
Operating Income	35.60B	40.63B	42.14B	45.31B	47.33B	52.92B
Net Income	26.69B	33.97B	33.99B	36.50B	40.55B	41.50B
Dividend / Share	30.00	36.00	38.00	45.00	61.00	67.75
Dividend Growth	-	20.00%	5.56%	18.42%	35.56%	11.07%
Free Cash Flow	13.23B	15.87B	6.56B	11.56B	41.52B	13.91B
No. Analysts	-	-	-	-	-	5

Financial currency is JPY.

Revenue Forecast

Revenue	2027	2028	2029
High	321.0B
Avg	303.9B
Low	283.0B

Revenue Growth

Revenue Growth	2027	2028	2029
High	24.4%
Avg	17.8%
Low	9.7%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	-
Low	-

EPS Growth

EPS Growth	2028	2029
High	-
Avg	-
Low	-