Nitto Denko Corporation (TYO:6988)
Japan · Delayed Price · Currency is JPY 3,099.00
+94.00 (3.13%)
Jun 15, 2026, 3:30 PM JST
Nitto Denko Stock Forecast
Stock Price Forecast
According to 11 analysts polled by S&P Global, Nitto Denko stock has a consensus rating of "Buy" and an average price target of ¥3,399. The average 1-year stock price forecast is 9.68% higher than the current stock price, while the lowest is ¥2,700 (-12.88%) and the highest is ¥4,190 (+35.20%).
Price Target: ¥3,399 (+9.68%)
Analyst Consensus: Buy
* Price targets were last updated on Mar 23, 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
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 5 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 12 | 12 | 12 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Buy Maintains ¥4,600 | Buy | Maintains | ¥4,600 | +48.43% | Mar 23, 2026 |
Financial Forecast
Revenue This Year
1.06T
from 1.03T
Increased by 3.22%
Revenue Next Year
1.10T
from 1.06T
Increased by 3.67%
EPS This Year
n/a
EPS Next Year
n/a
Financial currency is JPY.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 1.1T | ||
| Avg | 1.1T | ||
| Low | 1.0T |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 5.1% | ||
| Avg | 3.2% | ||
| Low | 1.2% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | - | ||
| Avg | - | ||
| Low | - |
EPS Growth
| EPS Growth | 2028 | 2029 |
|---|---|---|
| High | - | |
| Avg | - | |
| Low | - |