Needham & Company LLC Issues Pessimistic Forecast for NIQ Global Intelligence (NYSE:NIQ) Stock Price

NIQ Global Intelligence (NYSE:NIQ) had its price objective dropped by stock analysts at Needham & Company LLC from $21.00 to $12.00 in a research note issued on Friday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the stock. Needham & Company LLC’s price target would indicate a potential upside of 46.25% from the stock’s previous close.

Several other research firms have also commented on NIQ. Wells Fargo & Company reduced their price objective on NIQ Global Intelligence from $21.00 to $18.00 and set an “overweight” rating for the company in a research note on Monday, March 2nd. Robert W. Baird set a $20.00 target price on NIQ Global Intelligence in a research report on Tuesday, February 3rd. Citigroup reduced their price target on NIQ Global Intelligence from $17.50 to $16.00 and set a “neutral” rating for the company in a research report on Friday, March 6th. Finally, Wall Street Zen downgraded NIQ Global Intelligence from a “buy” rating to a “hold” rating in a research note on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $20.79.

NIQ Global Intelligence Stock Performance

NIQ opened at $8.21 on Friday. The company’s 50 day moving average is $11.21 and its 200 day moving average is $13.45. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.86. The company has a market cap of $2.42 billion and a price-to-earnings ratio of 45.58. NIQ Global Intelligence has a 12-month low of $8.18 and a 12-month high of $20.39.

NIQ Global Intelligence (NYSE:NIQ) last announced its earnings results on Thursday, May 14th. The company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.05. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.05 billion. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. NIQ Global Intelligence has set its FY 2026 guidance at 0.950-0.990 EPS and its Q2 2026 guidance at 0.190-0.21 EPS. On average, equities research analysts predict that NIQ Global Intelligence will post 0.87 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Advent International L.P. purchased a new stake in NIQ Global Intelligence in the 3rd quarter worth $2,345,270,000. SurgoCap Partners LP purchased a new position in shares of NIQ Global Intelligence in the third quarter valued at about $91,971,000. Ameriprise Financial Inc. bought a new position in shares of NIQ Global Intelligence in the third quarter worth about $78,791,000. Vanguard Group Inc. purchased a new stake in shares of NIQ Global Intelligence during the third quarter worth about $63,188,000. Finally, DNB Asset Management AS purchased a new stake in shares of NIQ Global Intelligence during the third quarter worth about $58,719,000.

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.