Nitto Denko Corporation (TYO:6988)
Japan · Delayed Price · Currency is JPY 3,424.00
+109.00 (3.29%)
Nov 4, 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 ¥3,800. The average 1-year stock price forecast is 10.98% higher than the current stock price, while the lowest is ¥3,200 (-6.54%) and the highest is ¥4,500 (+31.43%).
Price Target: ¥3,800 (+10.98%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 3 | 5 | 3 | 3 | 3 |
| Buy | 2 | 2 | 1 | 1 | 1 | 2 |
| Hold | 4 | 5 | 5 | 6 | 6 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 12 | 11 | 12 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains ¥3,200 → ¥3,600 | Hold | Maintains | ¥3,200 → ¥3,600 | +5.14% | Oct 19, 2026 |
Financial Forecast
Revenue This Year
1.11T
from 1.03T
Increased by 7.89%
Revenue Next Year
1.16T
from 1.11T
Increased by 4.79%
EPS This Year
218.22
from 197.11
Increased by 10.71%
EPS Next Year
237.39
from 218.22
Increased by 8.79%
Financial currency is JPY.