Bank of America Securities analyst Wahid Amin has reiterated their bullish stance on NIQ stock, giving a Buy rating today.
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Wahid Amin has given his Buy rating due to a combination of factors that highlight NIQ Global Intelligence PLC’s strong financial performance and strategic growth initiatives. The company’s third-quarter revenue exceeded expectations, driven by a notable 5.8% organic growth, particularly in the EMEA region, which saw an impressive 8.8% growth due to strong renewals and panel business expansion. Additionally, NIQ’s adjusted EBITDA margins surpassed estimates, benefiting from operational efficiencies and the integration of GfK, alongside leveraging AI technologies.
Management’s decision to raise the fiscal year 2025 guidance further underscores their confidence in the company’s robust business model. The optimistic outlook is supported by anticipated continued momentum in product expansion and organic sales growth. Looking ahead to 2026 and 2027, the company is expected to maintain healthy free cash flow momentum, driven by market share gains and margin expansion. This financial strength positions NIQ well for debt reduction and potentially attractive share repurchases, reinforcing the Buy recommendation.
In another report released today, Barclays also maintained a Buy rating on the stock with a $24.00 price target.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NIQ in relation to earlier this year.