NIQ Global Intelligence (NYSE:NIQ) Hits New 12-Month High After Analyst Upgrade

NIQ Global Intelligence plc (NYSE:NIQ) reached a new 52-week high during trading on Friday after Needham & Company LLC raised their price target on the stock from $18.00 to $21.00. Needham & Company LLC currently has a buy rating on the stock. NIQ Global Intelligence traded as high as $18.74 and last traded at $18.73, with a volume of 285956 shares. The stock had previously closed at $18.15.

NIQ has been the subject of several other research reports. Stifel Nicolaus raised their price objective on shares of NIQ Global Intelligence from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Tuesday, August 11th. BMO Capital Markets set a $16.00 price target on shares of NIQ Global Intelligence in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of NIQ Global Intelligence from $14.00 to $15.00 and gave the company a “hold” rating in a report on Tuesday, August 11th. UBS Group raised their target price on NIQ Global Intelligence from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Tuesday, August 11th. Finally, Wells Fargo & Company increased their price target on NIQ Global Intelligence from $13.00 to $16.50 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. Seven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, NIQ Global Intelligence currently has a consensus rating of “Moderate Buy” and an average price target of $16.61.

Institutional Investors Weigh In On NIQ Global Intelligence

Institutional investors have recently bought and sold shares of the stock. SurgoCap Partners LP purchased a new stake in shares of NIQ Global Intelligence in the third quarter valued at about $91,971,000. Ameriprise Financial Inc. purchased a new position in NIQ Global Intelligence during the third quarter worth about $78,791,000. Alliancebernstein L.P. bought a new stake in NIQ Global Intelligence in the 3rd quarter worth about $49,891,000. Ensign Peak Advisors Inc bought a new stake in NIQ Global Intelligence in the 4th quarter worth about $46,840,000. Finally, Citadel Advisors LLC purchased a new stake in NIQ Global Intelligence in the 3rd quarter valued at about $37,303,000.

NIQ Global Intelligence Stock Performance

The company’s 50-day simple moving average is $11.34 and its 200 day simple moving average is $10.98. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 3.01. The stock has a market cap of $5.52 billion and a P/E ratio of -15.34.

NIQ Global Intelligence (NYSE:NIQ) last released its earnings results on Monday, August 10th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.07. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.11 billion. NIQ Global Intelligence had a positive return on equity of 14.84% and a negative net margin of 8.01%.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. As a group, sell-side analysts expect that NIQ Global Intelligence plc will post 0.89 EPS for the current fiscal year.

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.