New Mountain Finance Corporation (NMFC) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$8.53
Price Target
$10.50
Target Range
$10.00 — $11.00
Analyst Rating
Hold
Forward P/E7.7x
Trailing P/E60.9x
Forward PEG—
Implied Growth—
Median Target$10.50
Analyst Spread9.5%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$10
+17.2%
Consensus
$11
+23.1%
Bull Case
$11
+29.0%
Valuation Model TargetsConfidence: 30/100
Bear$24
Base$74
Bull$193
NMFC Price Target Analysis
Updated May 7, 2026As of May 7, 2026, New Mountain Finance Corporation (NMFC) has a Wall Street consensus price target of $10.50, based on estimates from 12 covering analysts. With the stock currently trading at $8.53, this represents a potential upside of +23.1%. The company has a market capitalization of $806M.
Analyst price targets range from a low of $10.00 to a high of $11.00, representing a 10% spread in expectations. The median target of $10.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 3 analysts rating the stock as a Buy or Strong Buy,8 rating it Hold, and 1 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, NMFC trades at a trailing P/E of 60.9x and forward P/E of 7.7x.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $74.14, with bear and bull scenarios of $24.32 and $193.36 respectively. Model confidence stands at 30/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+24.0%
Avg Forward P/E8.3x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 ARCCAres Capital Corporation | $13.8B | $19.16 | $21.88 | +14.2% | Buy | 10.0x | 32 |
 FSCOFS Credit Opportunities Corp. | $1.0B | $5.23 | — | — | — | — | — |
 GBDCGolub Capital BDC, Inc. | $3.5B | $13.31 | $14.33 | +7.7% | Buy | 9.3x | 11 |
 TPVGTriplePoint Venture Growth BDC Corp. | $226M | $5.57 | $8.95 | +60.7% | Hold | 6.0x | 12 |
 CGBDCarlyle Secured Lending, Inc. | $866M | $11.88 | $15.00 | +26.3% | Hold | 8.2x | 7 |
 OCSLOaktree Specialty Lending Corporation | $1.1B | $12.51 | $12.00 | -4.1% | Hold | 8.3x | 12 |
 FSKFS KKR Capital Corp. | $3.2B | $11.42 | $16.50 | +44.5% | Hold | 6.7x | 13 |
 BBDCBarings BDC, Inc. | $963M | $9.20 | $12.50 | +35.9% | Buy | 9.2x | 19 |
 SLRCSLR Investment Corp. | $761M | $13.95 | $16.25 | +16.5% | Buy | 8.7x | 15 |
 PFLTPennantPark Floating Rate Capital Ltd. | $914M | $9.21 | $10.50 | +14.0% | Buy | 8.2x | 11 |
Upside Potential Comparison
TPVGFSKBBDCCGBDSLRCARCCPFLTGBDCSee NMFC's True Return
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Start ComparisonNMFC — Frequently Asked Questions
Quick answers to the most common questions about buying NMFC stock.
What is the NMFC stock price target for 2026?
The consensus Wall Street price target for NMFC is $10.5, representing 23.1% upside from the current price of $8.53. With 12 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is NMFC a buy, sell, or hold?
NMFC has a consensus rating of "Hold" based on 12 Wall Street analysts. The rating breakdown is mixed, with 8 Hold ratings making up the largest segment. The consensus 12-month price target of $10.5 implies 23.1% upside from current levels.
Is NMFC stock overvalued or undervalued?
With a forward P/E of 7.6702x, NMFC trades at a relatively low valuation. The consensus target of $10.5 implies 23.1% appreciation, suggesting meaningful undervaluation.
How high can NMFC stock go?
The most bullish Wall Street analyst has a price target of $11 for NMFC, while the most conservative target is $10. The consensus of $10.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $193 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover NMFC stock?
NMFC is moderately covered, with 12 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 8 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the NMFC stock forecast?
The 12-month NMFC stock forecast based on 12 Wall Street analysts shows a consensus price target of $10.5, with estimates ranging from $10 (bear case) to $11 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $74, with bear/bull scenarios of $24/$193.
What is NMFC's fair value based on fundamentals?
Our quantitative valuation model calculates NMFC's fair value at $74 (base case), with a bear case of $24 and bull case of $193. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 30/100.
What is NMFC's forward P/E ratio?
NMFC trades at a forward P/E ratio of 7.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 60.9x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy NMFC stock?
Wall Street analysts are very optimistic on NMFC, with a "Hold" consensus rating and $10.5 price target (23.1% upside). 3 of 12 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do NMFC price targets vary so much?
NMFC analyst price targets range from $10 to $11, a 10% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $10.5 consensus represents the middle ground. Our model's $24-$193 range provides an independent fundamental perspective.