Needham & Company LLC Has Lowered Expectations for NIQ Global Intelligence (NYSE:NIQ) Stock Price

NIQ Global Intelligence (NYSE:NIQ) had its price target reduced by equities researchers at Needham & Company LLC from $21.00 to $12.00 in a note issued to investors on Friday, MarketBeat Ratings reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC’s price objective indicates a potential upside of 46.25% from the company’s current price.

Several other brokerages have also recently issued reports on NIQ. Wall Street Zen cut NIQ Global Intelligence from a “buy” rating to a “hold” rating in a report on Monday, April 13th. Citigroup cut their price target on NIQ Global Intelligence from $17.50 to $16.00 and set a “neutral” rating for the company in a report on Friday, March 6th. Robert W. Baird set a $20.00 price objective on NIQ Global Intelligence in a research note on Tuesday, February 3rd. Finally, Wells Fargo & Company decreased their price objective on NIQ Global Intelligence from $21.00 to $18.00 and set an “overweight” rating on the stock in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.79.

NIQ Global Intelligence Price Performance

Shares of NYSE:NIQ opened at $8.21 on Friday. The firm has a market cap of $2.42 billion and a price-to-earnings ratio of 45.58. The firm has a fifty day moving average price of $11.21 and a 200 day moving average price of $13.45. NIQ Global Intelligence has a fifty-two week low of $8.18 and a fifty-two week high of $20.39. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.03 and a current ratio of 1.03.

NIQ Global Intelligence (NYSE:NIQ) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.10 by $0.05. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.05 billion. The company’s quarterly revenue was up 11.1% on a year-over-year basis. NIQ Global Intelligence has set its FY 2026 guidance at 0.950-0.990 EPS and its Q2 2026 guidance at 0.190-0.21 EPS. As a group, sell-side analysts expect that NIQ Global Intelligence will post 0.87 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. DekaBank Deutsche Girozentrale bought a new stake in NIQ Global Intelligence during the fourth quarter worth approximately $9,891,000. UBS Group AG lifted its stake in shares of NIQ Global Intelligence by 77.1% in the 4th quarter. UBS Group AG now owns 3,725,386 shares of the company’s stock valued at $61,432,000 after purchasing an additional 1,622,238 shares during the last quarter. Governors Lane LP boosted its holdings in shares of NIQ Global Intelligence by 76.9% in the 4th quarter. Governors Lane LP now owns 1,000,000 shares of the company’s stock worth $16,490,000 after purchasing an additional 434,667 shares during the period. Norges Bank purchased a new position in shares of NIQ Global Intelligence in the 4th quarter worth approximately $26,384,000. Finally, Gabelli Funds LLC increased its position in shares of NIQ Global Intelligence by 17.9% during the 4th quarter. Gabelli Funds LLC now owns 472,000 shares of the company’s stock valued at $7,783,000 after purchasing an additional 71,762 shares during the last quarter.

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.