Nomad Foods Limited (NOMD)
NYSE: NOMD · Real-Time Price · USD
18.85
+0.50 (2.72%)
Feb 21, 2025, 4:00 PM EST - Market closed

Nomad Foods Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Nomad Foods stock have an average target of 22, with a low estimate of 19 and a high estimate of 24. The average target predicts an increase of 16.71% from the current stock price of 18.85.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $19 $22 $23 $24
Change +0.80% +16.71% +22.02% +27.32%
* Price targets were last updated on Jan 17, 2025.

Analyst Ratings

The average analyst rating for Nomad Foods stock from 3 stock analysts 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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 332111
Buy 111222
Hold 000000
Sell 000000
Strong Sell 000000
Total 443333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$21$19
Buy Maintains $21$19 +0.80% Jan 17, 2025
Mizuho
Mizuho
Buy
Maintains
$28$24
Buy Maintains $28$24 +27.32% Dec 18, 2024
Deutsche Bank
Deutsche Bank
Strong Buy
Maintains
$25$23
Strong Buy Maintains $25$23 +22.02% Nov 4, 2024
Deutsche Bank
Deutsche Bank
Strong Buy
Maintains
$23$24
Strong Buy Maintains $23$24 +27.32% Aug 8, 2024
Barclays
Barclays
Buy
Maintains
$22$21
Buy Maintains $22$21 +11.41% Jul 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
3.16B
from 3.04B
Increased by 3.79%
Revenue Next Year
3.24B
from 3.16B
Increased by 2.63%
EPS This Year
1.77
from 1.13
Increased by 56.86%
EPS Next Year
1.87
from 1.77
Increased by 5.80%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
2.32B2.52B2.61B2.94B3.04B3.16B3.24B3.33B
Revenue Growth
6.97%8.24%3.61%12.78%3.56%3.79%2.63%2.74%
EPS
0.781.141.021.431.131.771.872.10
EPS Growth
-19.59%46.15%-10.84%40.69%-21.00%56.86%5.80%11.81%
Forward PE
-----10.179.618.59
No. Analysts -----10106
Financial currency is EUR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 3.3B 3.4B 3.5B
Avg 3.2B 3.2B 3.3B
Low 3.0B 3.1B 3.2B

Revenue Growth

Revenue Growth 20242025202620272028
High
7.2%
6.2%
6.8%
Avg
3.8%
2.6%
2.7%
Low
-0.6%
-1.7%
-2.7%

EPS Forecast

EPS 20242025202620272028
High 1.85 1.94 2.29
Avg 1.77 1.87 2.10
Low 1.69 1.79 1.95

EPS Growth

EPS Growth 20242025202620272028
High
63.6%
9.6%
22.1%
Avg
56.9%
5.8%
11.8%
Low
49.2%
1.2%
4.0%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.