Neste OYJ (OTCMKTS:NTOIY) Trading 8.2% Higher - Should You Buy?

Key Points

• Shares of Neste OYJ rose 8.2% intraday to about $14.14 on Thursday, with volume roughly half the average (≈23,575 vs 45,844 shares).
• Analyst sentiment has shifted recently—Goldman Sachs and Berenberg upgraded to Strong Buy while UBS cut to Hold, yielding a MarketBeat consensus of Moderate Buy.
• Neste slightly missed quarterly EPS ($0.09 vs $0.10 est.) but beat on revenue ($5.84B vs $5.59B), and the stock is trading above its 50‑day ($12.17) and 200‑day ($10.70) moving averages.

Neste OYJ - Unsponsored ADR (OTCMKTS:NTOIY - Get Free Report)'s share price was up 8.2% during mid-day trading on Thursday . The stock traded as high as $14.28 and last traded at $14.1405. Approximately 23,575 shares traded hands during trading, a decline of 49% from the average daily volume of 45,844 shares. The stock had previously closed at $13.07.

Analysts Set New Price Targets

A number of analysts have weighed in on NTOIY shares. The Goldman Sachs Group upgraded shares of Neste OYJ from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 26th. Berenberg Bank raised Neste OYJ from a "hold" rating to a "strong-buy" rating in a report on Monday, December 15th. Finally, UBS Group cut Neste OYJ from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 28th. Two investment analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, Neste OYJ has a consensus rating of "Moderate Buy".

Neste OYJ Trading Up 8.4%

The company has a fifty day simple moving average of $12.17 and a 200 day simple moving average of $10.70.

Neste OYJ (OTCMKTS:NTOIY - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by ($0.01). The firm had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.59 billion.

Neste OYJ Company Profile

Neste OYJ is a Finland-based energy company with a strong focus on renewable and circular solutions. Headquartered in Espoo, the company operates one of the world’s largest renewable diesel production networks and offers a wide range of low-carbon fuels, sustainable aviation fuel (SAF) and renewable feedstocks derived from waste and residues. In addition to renewable products, Neste maintains traditional oil refining and marketing operations in selected markets.

The company’s Renewable Products segment processes raw materials such as used cooking oil, animal fat and industrial residues into high-performance renewable diesel and aviation fuel.

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