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Needham & Company LLC Forecasts Strong Price Appreciation for NIQ Global Intelligence (NYSE:NIQ) Stock

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Key Points

  • Needham raised its price target for NIQ Global Intelligence from $18 to $21 and maintained a “Buy” rating, implying roughly 15% upside from the reported $18.25 share price.
  • Analyst sentiment is broadly positive, with seven Buy ratings, two Holds, and one Sell; MarketBeat reports a consensus “Moderate Buy” rating and an average price target of $16.61.
  • NIQ exceeded quarterly expectations, reporting $0.27 in EPS versus the $0.20 consensus and $1.12 billion in revenue versus $1.11 billion expected. Institutional investors, including SurgoCap Partners and Ameriprise Financial, also initiated sizable positions.
  • Five stocks to consider instead of NIQ Global Intelligence.

NIQ Global Intelligence (NYSE:NIQ - Get Free Report) had its price target boosted by investment analysts at Needham & Company LLC from $18.00 to $21.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a "buy" rating on the stock. Needham & Company LLC's price objective suggests a potential upside of 15.04% from the stock's current price.

A number of other analysts have also recently commented on NIQ. BMO Capital Markets set a $16.00 target price on shares of NIQ Global Intelligence in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft upped their price objective on NIQ Global Intelligence from $14.00 to $15.00 and gave the stock a "hold" rating in a research note on Tuesday, August 11th. UBS Group raised their target price on NIQ Global Intelligence from $16.00 to $17.00 and gave the stock a "buy" rating in a report on Tuesday, August 11th. Citigroup reiterated a "neutral" rating on shares of NIQ Global Intelligence in a research note on Wednesday, August 12th. Finally, Weiss Ratings reissued a "sell (e+)" rating on shares of NIQ Global Intelligence in a report on Monday, July 6th. Seven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $16.61.

View Our Latest Report on NIQ Global Intelligence

NIQ Global Intelligence Stock Up 5.4%

Shares of NIQ Global Intelligence stock opened at $18.25 on Thursday. NIQ Global Intelligence has a twelve month low of $7.93 and a twelve month high of $18.70. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 3.01. The company's 50 day moving average is $11.14 and its 200 day moving average is $10.98. The company has a market cap of $5.38 billion and a price-to-earnings ratio of -14.96.

NIQ Global Intelligence (NYSE:NIQ - Get Free Report) last announced its earnings results on Monday, August 10th. The company reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.07. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.11 billion. NIQ Global Intelligence had a negative net margin of 8.01% and a positive return on equity of 14.84%. NIQ Global Intelligence has set its FY 2026 guidance at 1.080-1.120 EPS and its Q3 2026 guidance at 0.220-0.240 EPS. Research analysts anticipate that NIQ Global Intelligence will post 0.89 EPS for the current year.

Institutional Trading of NIQ Global Intelligence

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SurgoCap Partners LP purchased a new position in shares of NIQ Global Intelligence in the third quarter worth $91,971,000. Ameriprise Financial Inc. purchased a new position in NIQ Global Intelligence during the third quarter valued at $78,791,000. Alliancebernstein L.P. bought a new stake in NIQ Global Intelligence in the 3rd quarter valued at $49,891,000. Ensign Peak Advisors Inc bought a new stake in NIQ Global Intelligence in the 4th quarter valued at $46,840,000. Finally, Citadel Advisors LLC purchased a new stake in NIQ Global Intelligence in the 3rd quarter worth $37,303,000.

NIQ Global Intelligence Company Profile

(Get Free Report)

Nuveen Intermediate Duration Quality Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public fixed income markets of the United States. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in municipal securities that are exempt from federal income taxes, and seeks to maintain a portfolio with an intermediate effective duration of between 3 and 10 years, including the effects of leverage.

See Also

Analyst Recommendations for NIQ Global Intelligence (NYSE:NIQ)

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.

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