Nitto Denko Corporation (TYO:6988)
Japan flag Japan · Delayed Price · Currency is JPY
3,322.00
+4.00 (0.12%)
Jul 24, 2026, 3:30 PM JST

Nitto Denko Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, Nitto Denko stock has a consensus rating of "Buy" and an average price target of ¥3,528. The average 1-year stock price forecast is 6.21% higher than the current stock price, while the lowest is ¥3,000 (-9.69%) and the highest is ¥4,200 (+26.43%).

Price Target: ¥3,528 (+6.21%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price¥3,000¥3,528¥3,500¥4,200
Change-9.69%+6.21%+5.36%+26.43%
* Price targets were last updated on Jun 8, 2026.

Analyst Ratings

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

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy555534
Buy222222
Hold444455
Sell000000
Strong Sell111111
Total121212121112

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Hold
Downgrades
¥4,200¥3,000
HoldDowngrades¥4,200¥3,000-9.69%Jun 8, 2026

Financial Forecast

Revenue This Year
1.07T
from 1.03T
Increased by 4.10%
Revenue Next Year
1.11T
from 1.07T
Increased by 3.54%
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
853.45B929.04B915.14B1.01T1.03T1.07T
Revenue Growth
12.10%8.86%-1.50%10.79%1.41%4.10%
Gross Profit
302.39B337.44B330.86B395.51B390.76B409.22B
Gross Margin
35.43%36.32%36.15%39.01%38.01%38.23%
Operating Income
126.99B144.18B135.69B182.42B176.59B192.98B
Net Income
97.13B109.17B102.68B137.24B133.50B141.28B
Dividend / Share
44.0048.0052.0056.0060.0065.09
Dividend Growth
-9.09%8.33%7.69%7.14%8.48%
Free Cash Flow
44.63B72.87B68.76B76.49B37.71B91.43B
No. Analysts
-----10
Financial currency is JPY.

Revenue Forecast

Revenue202720282029
High1.1T
Avg1.1T
Low1.0T

Revenue Growth

Revenue Growth202720282029
High
6.8%
Avg
4.1%
Low
1.8%

EPS Forecast

EPS202720282029
High-
Avg-
Low-

EPS Growth

EPS Growth20282029
High-
Avg-
Low-