Needham analyst Kyle Peterson reiterated a Buy rating on NIQ Global Intelligence PLC today and set a price target of $24.00.
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Kyle Peterson has given his Buy rating due to a combination of factors that point to both operational and valuation upside for NIQ Global Intelligence PLC. He emphasizes that NIQ has assembled a robust consumer data platform and is effectively using AI to stand out from rivals, lower its underlying data acquisition costs, and boost overall efficiency. He also notes that the challenges that had been weighing on cash generation are abating, as the bulk of expenses tied to integrating GfK are now largely past.
Furthermore, Peterson highlights that the company’s balance sheet profile has improved, with leverage and interest costs now more comparable to peers following the 2025 IPO and associated debt repricing. When these operational improvements are viewed alongside what he considers an undemanding valuation of roughly 16x projected FY27 earnings, he sees a favorable risk/reward profile. Collectively, these elements underpin his decision to reiterate a Buy rating and support his view that NIQ is well positioned as a top idea heading into 2026.
In another report released today, Barclays also maintained a Buy rating on the stock with a $24.00 price target.