Nomura Holdings trades at an attractive forward P/E of 15.7x with strong 28% revenue growth and superior peer-relative valuation, but three consecutive earnings misses and a price already above analyst consensus make the risk-reward unfavorable at current levels.
Thesis pillars
- Consecutive Earnings Misses→Stable
- Strong Revenue Growth→Stable
- High Leverage Penalty↑Improving
- +1 more pillar — see the Why tab for full reasoning
Nomura Holdings Inc (NMR) Stock Analysis
Financial Services · Capital Markets
Sell if holding. Analyst target reached at $10.06 — A.R:R is negative (-1.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 9.5): -1.5.
Nomura Holdings, Inc. engages in the provision of investment, financing, and related services to individual, institutional, and government clients worldwide. It operates through three segments: Wealth Management, Investment Management, and Wholesale. The Wealth Management... Read more
Sell if holding. Analyst target reached at $10.06 — A.R:R is negative (-1.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 9.5): -1.5. Chart setup: No clear chart pattern; technical signals are mixed. Score 6.5/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 33d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-09-25Recent Developments — Nomura Holdings Inc
Latest news
- NEWS Nomura Holdings, Inc. 2027 Q1 - Results - Earnings Call Presentation (NYSE:NMR) 2026-07-29 - Seeking Alpha — Seeking Alpha neutral
- NEWS NMR|Nomura Holdings Inc|Price:9.630|Chg%:-0.160 - TradingKey — TradingKey neutral
- NEWS Nomura Holdings (NMR) Holds Near $9.82 as Range-Bound Trading Continues - Safe Entry Stocks - dars.gov.et — dars.gov.et neutral
- NEWS Is Nomura (NMR) Stock Undervalued Right Now? - Yahoo Finance — Yahoo Finance positive
- NEWS Nomura Updates Governance Report, Beats Strategic Shareholding Reduction Target - TipRanks — TipRanks positive
Generated 2026-09-25T23:46:58Z.
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Rating Breakdown
1 floor-breaker·1 ceiling hit
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $10.06 — A.R:R is negative (-1.1) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 9.5): -1.5. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $9.58. Score 6.5/10, moderate confidence.
Take-profit target: $10.72 (-5.2% upside). Prior stop was $9.58. Stop-loss: $9.58.
Analyst target reached - limited upside remaining; Leverage penalty (D/E 9.5): -1.5; Consecutive earnings misses (2).
Nomura Holdings Inc trades at a P/E of 11.5 (forward 17.4). TrendMatrix value score: 6.8/10. Verdict: Sell.
13 analysts cover NMR with a consensus score of 3.8/5. Average price target: $11.
What does Nomura Holdings Inc do?Nomura Holdings, Inc. engages in the provision of investment, financing, and related services to individual,...
Nomura Holdings, Inc. engages in the provision of investment, financing, and related services to individual, institutional, and government clients worldwide. It operates through three segments: Wealth Management, Investment Management, and Wholesale. The Wealth Management segment offers asset management services. The Investment Management segment provides investment management services and investment solutions, such as establishing and managing investment trusts, discretionary investment services, investment and management for investment vehicles, funds for institutional investors, and management of silent partnerships. The Wholesale segment is involved in the sales and trading of debt and equity securities, foreign exchange; offers investment banking services, including underwriting and distribution of debt and equity securities, mergers and acquisitions, and financial advisory services. Nomura Holdings, Inc. was incorporated in 1925 and is headquartered in Tokyo, Japan.