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NYSE: NOMD
Nomad Foods Ltd Stock Forecast, Predictions & Price Target

Analyst price target for NOMD

Based on 1 analyst offering 12 month price targets for Nomad Foods Ltd.
Min Forecast
$22.00+18.03%
Avg Forecast
$22.00+18.03%
Max Forecast
$22.00+18.03%

Should I buy or sell NOMD stock?

Based on 1 analyst offering ratings for Nomad Foods Ltd.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their NOMD stock forecasts and price targets.

NOMD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-02Find Out Why

1 of 1

Forecast return on equity

Is NOMD forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
19.16%

Forecast return on assets

Is NOMD forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

NOMD revenue forecast

What is NOMD's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$3.4B+0.65%
Avg 2 year Forecast
$3.5B+3.79%
Avg 3 year Forecast
$3.6B+6.81%
NOMD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NOMD earnings growth forecast

How is NOMD forecast to perform vs Packaged Foods companies and vs the US market?
Company
44.16%
Industry
21.89%
Market
28.66%
NOMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NOMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NOMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NOMD revenue growth forecast

How is NOMD forecast to perform vs Packaged Foods companies and vs the US market?
Company
2.99%
Industry
2.19%
Market
9.03%
NOMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NOMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NOMD vs Food Stocks

TickerPricePrice TargetUp/downsideConsensus
NOMD$18.64$22.00+18.03%Strong Buy
CENT$40.70$56.00+37.59%Strong Buy
JJSF$138.69$195.00+40.60%Strong Buy
UTZ$18.75$19.69+5.00%Buy
SMPL$34.62$38.71+11.83%Buy

Nomad Foods Stock Forecast FAQ

Is Nomad Foods Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: NOMD) stock is to Strong Buy NOMD stock.

Out of 1 analyst, 1 (100%) are recommending NOMD as a Strong Buy, 0 (0%) are recommending NOMD as a Buy, 0 (0%) are recommending NOMD as a Hold, 0 (0%) are recommending NOMD as a Sell, and 0 (0%) are recommending NOMD as a Strong Sell.

If you're new to stock investing, here's how to buy Nomad Foods stock.

What is NOMD's revenue growth forecast for 2024-2026?

(NYSE: NOMD) Nomad Foods's forecast annual revenue growth rate of 2.99% is forecast to beat the US Packaged Foods industry's average forecast revenue growth rate of 2.19%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.03%.

Nomad Foods's revenue in 2024 is $3,309,239,130.On average, 2 Wall Street analysts forecast NOMD's revenue for 2024 to be $555,560,432,036, with the lowest NOMD revenue forecast at $555,326,287,198, and the highest NOMD revenue forecast at $555,794,576,873. On average, 2 Wall Street analysts forecast NOMD's revenue for 2025 to be $572,882,254,981, with the lowest NOMD revenue forecast at $572,411,517,799, and the highest NOMD revenue forecast at $573,352,992,163.

In 2026, NOMD is forecast to generate $589,558,751,911 in revenue, with the lowest revenue forecast at $589,558,751,911 and the highest revenue forecast at $589,558,751,911.

What is NOMD's forecast return on assets (ROA) for 2024-2026?

(NYSE: NOMD) forecast ROA is N/A, which is lower than the forecast US Packaged Foods industry average of N/A.

What is NOMD's Price Target?

According to 1 Wall Street analyst that have issued a 1 year NOMD price target, the average NOMD price target is $22.00, with the highest NOMD stock price forecast at $22.00 and the lowest NOMD stock price forecast at $22.00.

The Wall Street analyst predicted that Nomad Foods's share price could reach $22.00 by Feb 2, 2025. The average Nomad Foods stock price prediction forecasts a potential upside of 18.03% from the current NOMD share price of $18.64.

What is NOMD's forecast return on equity (ROE) for 2024-2026?

(NYSE: NOMD) forecast ROE is N/A, which is considered weak.
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