Needham & Company LLC Reaffirms Buy Rating for NIQ Global Intelligence (NYSE:NIQ)

NIQ Global Intelligence (NYSE:NIQ – Get Free Report)‘s stock had its “buy” rating reissued by equities research analysts at Needham & Company LLC in a report issued on Friday, Benzinga reports. They presently have a $21.00 price objective on the stock. Needham & Company LLC’s price objective suggests a potential upside of 15.72% from the company’s previous close.

Several other analysts have also commented on NIQ. Wells Fargo & Company raised their price objective on NIQ Global Intelligence from $13.00 to $16.50 and gave the company an “overweight” rating in a report on Tuesday, August 11th. UBS Group raised their price objective on NIQ Global Intelligence from $17.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, September 1st. BMO Capital Markets set a $16.00 price objective on NIQ Global Intelligence in a report on Wednesday, August 12th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of NIQ Global Intelligence in a research note on Monday, July 6th. Finally, Royal Bank Of Canada lifted their price target on NIQ Global Intelligence from $13.00 to $17.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, NIQ Global Intelligence has an average rating of “Moderate Buy” and a consensus target price of $18.50.

Read Our Latest Stock Report on NIQ

NIQ Global Intelligence Price Performance

NIQ traded up $0.44 during trading on Friday, hitting $18.15. The company’s stock had a trading volume of 1,460,579 shares, compared to its average volume of 1,465,322. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 3.01. NIQ Global Intelligence has a twelve month low of $7.93 and a twelve month high of $19.69. The business’s fifty day simple moving average is $15.83 and its 200 day simple moving average is $12.10. The firm has a market capitalization of $5.35 billion, a price-to-earnings ratio of -14.87 and a beta of -0.24.

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, beating the consensus estimate of $0.20 by $0.07. NIQ Global Intelligence had a positive return on equity of 14.84% and a negative net margin of 8.01%.The company had revenue of $1.12 billion for 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 forecast that NIQ Global Intelligence will post 0.99 EPS for the current fiscal year.

Institutional Trading of NIQ Global Intelligence

Hedge funds have recently bought and sold shares of the business. Clearstead Advisors LLC raised its holdings in NIQ Global Intelligence by 195.9% in the 4th quarter. Clearstead Advisors LLC now owns 4,900 shares of the company’s stock valued at $81,000 after acquiring an additional 3,244 shares during the last quarter. Optas LLC acquired a new stake in NIQ Global Intelligence in the 1st quarter valued at about $128,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in NIQ Global Intelligence during the second quarter worth $108,000. Public Employees Retirement System of Ohio acquired a new position in NIQ Global Intelligence during the second quarter worth $157,000. Finally, Wedmont Private Capital acquired a new position in NIQ Global Intelligence during the second quarter worth $227,000.

About NIQ Global Intelligence

(Get Free Report)

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

The company’s services include retail sales measurement, consumer panel data, market research, business intelligence, analytics and software solutions.

Further Reading

Analyst Recommendations for NIQ Global Intelligence (NYSE:NIQ)

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