Nitto Denko (OTCMKTS:NDEKY) Updates FY 2025 Earnings Guidance

Nitto Denko (OTCMKTS:NDEKY) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.300-1.300 for the period. The company issued revenue guidance of $6.7 billion-$6.7 billion.

Nitto Denko Price Performance

Shares of OTCMKTS NDEKY traded down $0.85 during midday trading on Tuesday, hitting $22.70. The company’s stock had a trading volume of 200,979 shares, compared to its average volume of 46,991. The firm has a market capitalization of $15.41 billion, a price-to-earnings ratio of 18.31 and a beta of 0.88. The business’s fifty day simple moving average is $23.91 and its two-hundred day simple moving average is $23.43. Nitto Denko has a 1 year low of $15.32 and a 1 year high of $26.48.

Nitto Denko (OTCMKTS:NDEKY) last announced its earnings results on Monday, January 26th. The technology company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.02. The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.64 billion. Nitto Denko had a net margin of 12.56% and a return on equity of 12.09%. Analysts anticipate that Nitto Denko will post 1.23 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded Nitto Denko from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 2nd. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Strong Buy”.

About Nitto Denko

Nitto Denko Corporation, trading over‐the‐counter in the U.S. under the symbol NDEKY, is a Japan‐based manufacturer specializing in advanced materials and components. The company’s core offerings include pressure-sensitive adhesive tapes, optical films, and functional polymers used across a broad spectrum of industries. With a focus on innovation, Nitto Denko develops solutions for electronics, automotive, and healthcare markets, leveraging proprietary coating, lamination and microfabrication technologies.

The company’s product portfolio spans display materials—such as polarizing films for LCD panels—semiconductor device protection tapes, thermal interface materials for heat dissipation, and a range of industrial adhesive products.