Alexander Hess, an analyst from J.P. Morgan, has initiated a new Buy rating on NIQ Global Intelligence PLC (NIQ).
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Alexander Hess has given his Buy rating due to a combination of factors that highlight NIQ Global Intelligence PLC’s promising future. The company has undergone a significant transformation under its current leadership, focusing on cost-efficiency and modernizing its technology stack. This transformation has enhanced its data, analytics, and workflow offerings, making it a leader in global consumer product measurement and a primary system of record for CPG manufacturers.
Additionally, Hess appreciates the strategic acquisition of GfK, which presents new revenue opportunities and cost synergies for NIQ. The company is on the verge of profitability and cash flow improvement, with expectations of significant free cash flow growth by 2027. Despite a heavy debt load, the current stock valuation reflects these challenges, and the potential for growth in the Info Services sector makes NIQ an attractive investment, supporting the Buy rating with a price target of $21 by December 2026.
In another report released today, Barclays also maintained a Buy rating on the stock with a $24.00 price target.