NIQ Global Intelligence (NYSE:NIQ) Sets New 1-Year High on Analyst Upgrade

Key Points

• NIQ Global Intelligence reached a new 52-week high of $18.74 after Needham raised its price target from $18 to $21 and reiterated a Buy rating.
• Analyst sentiment is generally positive: seven analysts rate the stock Buy, two Hold, and one Sell, producing a Moderate Buy consensus rating and an average target price of $16.61.
• NIQ exceeded quarterly expectations, reporting EPS of $0.27 versus a $0.20 estimate and revenue of $1.12 billion versus $1.11 billion expected; several institutional investors also recently increased or initiated positions.

NIQ Global Intelligence plc (NYSE:NIQ - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Friday after Needham & Company LLC raised their price target on the stock from $18.00 to $21.00. Needham & Company LLC currently has a buy rating on the stock. NIQ Global Intelligence traded as high as $18.74 and last traded at $18.73, with a volume of 285956 shares changing hands. The stock had previously closed at $18.15.

A number of other brokerages also recently weighed in on NIQ. Weiss Ratings reissued a "sell (e+)" rating on shares of NIQ Global Intelligence in a research report on Monday, July 6th. Wall Street Zen upgraded shares of NIQ Global Intelligence from a "hold" rating to a "buy" rating in a report on Saturday, May 16th. UBS Group lifted their price target on NIQ Global Intelligence from $16.00 to $17.00 and gave the stock a "buy" rating in a report on Tuesday, August 11th. Wells Fargo & Company boosted their price objective on shares of NIQ Global Intelligence from $13.00 to $16.50 and gave the company an "overweight" rating in a report on Tuesday, August 11th. Finally, Stifel Nicolaus upped their target price on NIQ Global Intelligence from $16.00 to $17.00 and gave the company a "buy" rating in a research report on Tuesday, August 11th. Seven analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $16.61.

Institutional Investors Weigh In On NIQ Global Intelligence

Institutional investors have recently added to or reduced their stakes in the business. SurgoCap Partners LP acquired a new position in shares of NIQ Global Intelligence during the third quarter worth $91,971,000. Ameriprise Financial Inc. acquired a new position in NIQ Global Intelligence during the 3rd quarter worth about $78,791,000. UBS Group AG grew its position in shares of NIQ Global Intelligence by 77.1% in the 4th quarter. UBS Group AG now owns 3,725,386 shares of the company's stock valued at $61,432,000 after buying an additional 1,622,238 shares during the last quarter. Alyeska Investment Group L.P. increased its stake in shares of NIQ Global Intelligence by 76.8% in the fourth quarter. Alyeska Investment Group L.P. now owns 3,253,103 shares of the company's stock valued at $53,644,000 after buying an additional 1,413,343 shares during the period. Finally, Alliancebernstein L.P. bought a new position in shares of NIQ Global Intelligence during the third quarter worth about $49,891,000.

NIQ Global Intelligence Stock Performance

The stock has a 50 day moving average of $11.34 and a 200 day moving average of $10.98. The company has a market capitalization of $5.52 billion and a price-to-earnings ratio of -15.34. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 3.01.

NIQ Global Intelligence (NYSE:NIQ - Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.07. NIQ Global Intelligence had a negative net margin of 8.01% and a positive return on equity of 14.84%. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.11 billion. 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. As a group, analysts predict that NIQ Global Intelligence plc will post 0.89 EPS for the current year.

About NIQ Global Intelligence

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.

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