NMR trades 35.5% above Wall Street's consensus target of $5.79.
Last 12 months price action with 12-month analyst target path
The base valuation assumes NMR achieves its forward estimates and maintains a stable P/E multiple of 0.1x. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 23, 2026, Nomura Holdings, Inc. (NMR) has a Wall Street consensus price target of $5.79, based on estimates from 9 covering analysts. With the stock currently trading at $8.97, this represents a potential downside of -35.5%. The company has a market capitalization of $25.90B.
Analyst price targets range from a low of $5.79 to a high of $5.79, representing a 0% spread in expectations. The median target of $5.79 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,6 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, NMR trades at a trailing P/E of 12.1x and forward P/E of 0.1x. The forward PEG ratio of 0.00 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +6.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $1787.13, with bear and bull scenarios of $1125.89 and $2354.72 respectively. Model confidence stands at 43/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
MSMorgan Stanley | $355.5B | $223.17 | $201.25 | -9.8% | Buy | 18.8x | 52 |
GSThe Goldman Sachs Group, Inc. | $348.3B | $1096.56 | $972.70 | -11.3% | Hold | 18.5x | 55 |
UBSUBS Group AG | $157.7B | $50.80 | $23.57 | -53.6% | Buy | 14.8x | 29 |
DBDeutsche Bank AG | $67.5B | $35.27 | $14.87 | -57.8% | Hold | 10.6x | 33 |
MUFGMitsubishi UFJ Financial Group, Inc. | $237.9B | $21.08 | — | — | Buy | 0.1x | 2 |
BACBank of America Corporation | $424.1B | $56.20 | $61.13 | +8.8% | Buy | 12.6x | 54 |
CCitigroup Inc. | $266.5B | $143.09 | $140.75 | -1.6% | Buy | 13.2x | 27 |
JPMJPMorgan Chase & Co. | $908.6B | $325.22 | $339.75 | +4.5% | Buy | 14.6x | 61 |
SMFGSumitomo Mitsui Financial Group, Inc. | $96.3B | $25.23 | — | — | Hold | 0.1x | 4 |
MFGMizuho Financial Group, Inc. | $125.6B | $10.30 | $10.00 | -2.9% | Hold | 0.1x | 5 |
Quick answers to the most common questions about buying NMR stock.
NMR's consensus price target is $5.79, -35.5% below the current price of $8.97. The 9 analysts tracking NMR see downside risk at present valuations.
NMR has a consensus rating of "Hold" based on 9 Wall Street analysts. The rating breakdown is mixed, with 6 Hold ratings making up the largest segment. The consensus 12-month price target of $5.79 implies -35.5% downside from current levels.
With a forward P/E of 0.0687x, NMR trades at a relatively low valuation. The consensus target of $5.79 implies -35.5% move, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $5.79 for NMR, while the most conservative target is $5.79. The consensus of $5.79 represents the median expectation. Our quantitative valuation model projects a bull case target of $2355 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
NMR is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 6 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month NMR stock forecast based on 9 Wall Street analysts shows a consensus price target of $5.79, with estimates ranging from $5.79 (bear case) to $5.79 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $1787, with bear/bull scenarios of $1126/$2355.
Our quantitative valuation model calculates NMR's fair value at $1787 (base case), with a bear case of $1126 and bull case of $2355. 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 43/100.
NMR trades at a forward P/E ratio of 0.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 12.1x. 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.
Analysts are cautious on NMR, with 0 Sell ratings and a price target of $5.79 (-35.5% from current price). The "Hold" consensus suggests careful evaluation before buying. 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.
NMR analyst price targets range from $5.79 to $5.79, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $5.79 consensus represents the middle ground. Our model's $1126-$2355 range provides an independent fundamental perspective.
Deep dive into NMR consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.