Nestle FY2026 EPS Forecast Decreased by Erste Group Bank

Key Points

• Erste Group Bank lowered Nestlé’s FY2026 EPS forecast to $5.48 from $5.57, below the $5.60 analyst consensus. The bank maintained its “Buy” rating and forecasts FY2027 EPS at $5.83.
• Analyst sentiment is mixed: Jefferies upgraded the stock to “Buy,” while Morgan Stanley maintained an “Underweight” rating. Overall, MarketBeat reports an average rating of “Hold.”
• Nestlé shares opened at $93.64, below both their 50-day and 200-day moving averages, while institutional investors and hedge funds own approximately 0.61% of the stock.

Nestle SA (OTCMKTS:NSRGY - Free Report) - Investment analysts at Erste Group Bank lowered their FY2026 earnings per share estimates for shares of Nestle in a research report issued on Friday, September 18th. Erste Group Bank analyst S. Lingnau now expects that the company will earn $5.48 per share for the year, down from their previous estimate of $5.57. Erste Group Bank has a "Buy" rating on the stock. The consensus estimate for Nestle's current full-year earnings is $5.60 per share. Erste Group Bank also issued estimates for Nestle's FY2027 earnings at $5.83 EPS.

Other research analysts have also recently issued reports about the company. Jefferies Financial Group raised Nestle from a "hold" rating to a "buy" rating in a research report on Tuesday, July 21st. Morgan Stanley reaffirmed an "underweight" rating on shares of Nestle in a report on Thursday, July 2nd. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold".

Nestle Stock Performance

Nestle stock opened at $93.64 on Tuesday. The stock's fifty day simple moving average is $98.78 and its 200-day simple moving average is $99.67. Nestle has a twelve month low of $88.47 and a twelve month high of $109.59. The company has a quick ratio of 0.47, a current ratio of 0.79 and a debt-to-equity ratio of 1.40.

Institutional Trading of Nestle

Several hedge funds have recently modified their holdings of the business. Ramsay Stattman Vela & Price Inc. lifted its stake in shares of Nestle by 0.5% in the second quarter. Ramsay Stattman Vela & Price Inc. now owns 60,336 shares of the company's stock valued at $6,196,000 after purchasing an additional 290 shares during the period. Archer Investment Corp purchased a new stake in shares of Nestle during the 2nd quarter worth approximately $522,000. North Star Asset Management Inc. acquired a new stake in shares of Nestle in the 2nd quarter worth approximately $775,000. Councilmark Asset Management LLC purchased a new position in Nestle in the 2nd quarter valued at approximately $464,000. Finally, Elefante Mark B purchased a new stake in Nestle during the second quarter worth $825,000. 0.61% of the stock is owned by institutional investors and hedge funds.

About Nestle

Nestlé SA is a Switzerland-based food and beverage company whose products are sold internationally through retail, foodservice and other distribution channels. Its portfolio spans coffee, pet care, nutrition and health science, confectionery, dairy products, ice cream, prepared foods and bottled water.

Well-known brands associated with Nestlé include Nescafé, Nespresso, KitKat, Purina, Gerber, Maggi and Nestea, although brand availability varies by market. The company also develops specialized nutrition products for infants, medical settings and other health-related applications.

Nestlé traces its history to 1866, when the Anglo-Swiss Condensed Milk Company was established, and to Henri Nestlé's development of an infant-food product in 1867.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.