Nitto Denko Corporation (TYO:6988)
3,231.00
+9.00 (0.28%)
Jul 6, 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 ¥3,467. The average 1-year stock price forecast is 7.31% higher than the current stock price, while the lowest is ¥3,000 (-7.15%) and the highest is ¥4,190 (+29.68%).
Price Target: ¥3,467 (+7.31%)
Analyst Consensus: Buy
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 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 4 | 4 | 4 | 4 | 5 |
| 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 | Hold Downgrades ¥4,200 → ¥3,000 | Hold | Downgrades | ¥4,200 → ¥3,000 | -7.15% | Jun 8, 2026 |
Financial Forecast
Revenue This Year
1.07T
from 1.03T
Increased by 3.74%
Revenue Next Year
1.10T
from 1.07T
Increased by 3.40%
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 | 3.7% | ||
| Low | 1.8% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | - | ||
| Avg | - | ||
| Low | - |
EPS Growth
| EPS Growth | 2028 | 2029 |
|---|---|---|
| High | - | |
| Avg | - | |
| Low | - |