NIQ Global Intelligence (NYSE:NIQ) Stock Price Up 7.5% – Here’s What Happened

NIQ Global Intelligence plc (NYSE:NIQ) shares shot up 7.5% during trading on Friday . The company traded as high as $8.53 and last traded at $8.57. Approximately 219,663 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 1,406,963 shares. The stock had previously closed at $7.97.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on NIQ shares. Needham & Company LLC reduced their target price on NIQ Global Intelligence from $21.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, May 15th. Robert W. Baird dropped their price target on NIQ Global Intelligence from $20.00 to $14.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. Wells Fargo & Company cut their price objective on NIQ Global Intelligence from $18.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, May 15th. Citigroup decreased their price objective on NIQ Global Intelligence from $17.50 to $16.00 and set a “neutral” rating for the company in a research report on Friday, March 6th. Finally, BMO Capital Markets lowered their target price on NIQ Global Intelligence from $16.00 to $11.00 and set an “outperform” rating for the company in a research note on Monday, May 18th. Twelve equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $17.58.

NIQ Global Intelligence Stock Performance

The stock has a fifty day simple moving average of $9.34 and a 200-day simple moving average of $12.25. The stock has a market cap of $2.54 billion and a P/E ratio of -6.84. The company has a debt-to-equity ratio of 3.01, a quick ratio of 1.07 and a current ratio of 1.07.

NIQ Global Intelligence (NYSE:NIQ) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.05. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.05 billion. NIQ Global Intelligence had a positive return on equity of 10.30% and a negative net margin of 7.78%.The business’s quarterly revenue was up 11.1% compared to the same quarter last year. 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. On average, equities analysts expect that NIQ Global Intelligence plc will post 0.89 earnings per share for the current year.

Insider Transactions at NIQ Global Intelligence

In other news, insider James M. Peck bought 118,625 shares of the business’s stock in a transaction on Monday, May 18th. The shares were purchased at an average price of $8.43 per share, for a total transaction of $1,000,008.75. Following the purchase, the insider owned 424,683 shares of the company’s stock, valued at approximately $3,580,077.69. The trade was a 38.76% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.80% of the company’s stock.

Hedge Funds Weigh In On NIQ Global Intelligence

Several hedge funds have recently made changes to their positions in NIQ. Clearstead Advisors LLC bought a new stake in shares of NIQ Global Intelligence in the third quarter worth $26,000. Deutsche Bank AG bought a new position in NIQ Global Intelligence in the fourth quarter valued at $38,000. BNP Paribas Financial Markets acquired a new stake in NIQ Global Intelligence in the 3rd quarter valued at $44,000. Legal & General Group Plc acquired a new stake in NIQ Global Intelligence in the 3rd quarter valued at $76,000. Finally, Optas LLC bought a new stake in NIQ Global Intelligence during the 1st quarter worth about $128,000.

NIQ Global Intelligence Company Profile

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.