NIQ Global Intelligence (NYSE:NIQ) Sets New 12-Month High - Here's What Happened

Key Points

• NIQ Global Intelligence shares reached a new 52-week high of $20.32, with the stock recently trading near $20.03.
• Analysts have generally become more bullish: BMO and UBS raised their price targets to $22 and $25, respectively. The stock carries a consensus “Moderate Buy” rating with an average target of $19.17.
• NIQ exceeded quarterly expectations, reporting $0.27 in EPS versus $0.20 expected and $1.12 billion in revenue. Several institutional investors also significantly increased their positions.

NIQ Global Intelligence plc (NYSE:NIQ - Get Free Report) shares hit a new 52-week high on Thursday. The company traded as high as $20.32 and last traded at $20.0280, with a volume of 101,164 shares. The stock had previously closed at $20.09.

Analysts Set New Price Targets

Several brokerages have weighed in on NIQ. BMO Capital Markets boosted their price objective on NIQ Global Intelligence from $20.00 to $22.00 and gave the company an "outperform" rating in a research report on Tuesday, October 13th. UBS Group raised their target price on shares of NIQ Global Intelligence from $17.00 to $25.00 and gave the stock a "buy" rating in a report on Tuesday, September 1st. Weiss Ratings upgraded shares of NIQ Global Intelligence from a "sell (e+)" rating to a "sell (d-)" rating in a report on Thursday, September 17th. Stifel Nicolaus raised their price target on shares of NIQ Global Intelligence from $16.00 to $17.00 and gave the stock a "buy" rating in a report on Tuesday, August 11th. Finally, Citigroup restated a "neutral" rating on shares of NIQ Global Intelligence in a research report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, NIQ Global Intelligence presently has a consensus rating of "Moderate Buy" and an average price target of $19.17.

NIQ Global Intelligence Stock Performance

The company's 50-day moving average price is $18.38 and its 200 day moving average price is $13.28. The stock has a market capitalization of $5.96 billion, a PE ratio of -16.57 and a beta of -0.08. The company has a debt-to-equity ratio of 3.01, a quick ratio of 1.09 and a current ratio of 1.09.

NIQ Global Intelligence (NYSE:NIQ - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.27 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 business 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. On average, equities research analysts expect that NIQ Global Intelligence plc will post 0.99 earnings per share for the current fiscal year.

Institutional Trading of NIQ Global Intelligence

Institutional investors have recently made changes to their positions in the company. Quantinno Capital Management LP increased its position in shares of NIQ Global Intelligence by 271.3% during the first quarter. Quantinno Capital Management LP now owns 585,757 shares of the company's stock worth $6,660,000 after purchasing an additional 428,019 shares in the last quarter. Bank of America Corp DE raised its position in NIQ Global Intelligence by 67.0% in the 1st quarter. Bank of America Corp DE now owns 715,912 shares of the company's stock valued at $8,140,000 after purchasing an additional 287,129 shares during the last quarter. Lazard Asset Management LLC boosted its stake in NIQ Global Intelligence by 52.2% during the 1st quarter. Lazard Asset Management LLC now owns 531,216 shares of the company's stock worth $6,040,000 after purchasing an additional 182,300 shares during the period. Squarepoint Ops LLC boosted its stake in NIQ Global Intelligence by 209.6% during the 2nd quarter. Squarepoint Ops LLC now owns 266,414 shares of the company's stock worth $2,491,000 after purchasing an additional 180,372 shares during the period. Finally, LB Partners LLC increased its stake in NIQ Global Intelligence by 63.3% in the first quarter. LB Partners LLC now owns 399,700 shares of the company's stock valued at $4,545,000 after purchasing an additional 155,000 shares during the period.

NIQ Global Intelligence Company Profile

NIQ Global Intelligence, formerly known as NielsenIQ, is a global consumer intelligence and market measurement company. It provides data, analytics and technology that help consumer packaged goods manufacturers, retailers and other businesses understand purchasing behavior, monitor market performance and make informed decisions about products, pricing, distribution and marketing.

The company's offerings include retail measurement, consumer purchasing and panel data, market research, assortment and pricing analytics, and software-based tools for evaluating sales and consumer trends.

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.