Nomura (NMR) Stock Analysis & Forecast

Nov 4 close

$9.79+0.32 (+3.4%)

Gekko Brief

AI summaryNov 4 close

Nomura's week centers on first-half FY2026/27 results, with net income attributable to shareholders up 27% year-over-year to ¥249.3 billion and net revenue up 25% to ¥1,294.2 billion, even as Q2 pretax income fell 30% from Q1. Statutory earnings per share of JP¥35.49 beat expectations by 15%, prompting analysts to raise their 2027 earnings estimates, and shares were reported gaining 5.2% to JP¥1,496 on the news. Separately, a Nomura subsidiary, Nomura Investor Relations Co., disclosed a data breach affecting institutional investor and analyst information services.

NMR closed at $9.79, up 3.4%, sitting between its 50-day average of $9.83 and 200-day average of $9.01. The GekkoIndex reads 52.2, placing the stock in the Neutral zone, down from a five-day change of -14.4. Price sits 3.5% below Gekko Fair Value of $10.15, while the one-year return stands at 37.1% and the six-month return at 20%.

The next earnings date is 29 January 2027, 85 days away and outside a typical 20-trading-day holding window. No insider, Congress, or unusual options activity appears in the current windows. Seasonally, the next 20 trading days have averaged a 6.8% gain over 5 years, rising in 3 of those years. The consensus analyst target stands at $10.64, implying 8.7% upside from current levels.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Nomura price vs fair value

$10.15$9.79Nov ’25May ’26Nov ’26
Close $9.79200-day averageGekko Fair Value $10.15

Nomura quick facts

Market cap
$28.62B
P/E ratio
10.8
Forward P/E
15.4
EPS, TTM
$0.89
Revenue, TTM
$2.42T
Profit margin
17.1%
Dividend yield
3.39%
Beta
0.59
Volume
1.07M avg 954,636
1-year return
+37.1%
Typical daily move
±2.1%
Typical 20-day move
±6%
50-day average
$9.83
200-day average
$9.01
Next earnings
Jan 29
Shares outstanding
2.92B
52-week range
$6.88$10.94

Nomura swing-trade checklist

Nomura scores 2 supportive, 3 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive3 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $9.79 sits between the 50-day ($9.83) and 200-day ($9.01) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    52.2, Neutral

    Reading 52.2 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    3.5% below

    Price is within 5% of Gekko Fair Value (3.5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 85 days

    Next report Jan 29, 2027, 85 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +6.8% on average

    From this point in the calendar, the next 20 trading days averaged +6.8% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Nomura stock chart and price history

Nomura closed at $9.79 on Nov 4, 2026, +37.1% over the past year, inside a 52-week range of $6.88 to $10.94.

Close50-day average200-day averageVolume
Nomura share price, past year, with 50-day and 200-day moving averages and volume$7$8$9$11DecJan 2026FebMarAprMayJunJulAugSepOct9.79

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+0.1%
3 months
−1.3%
6 months
+20.0%
1 year
+37.1%
The full NMR chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open NMR in Gekko

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About Nomura

Nomura provides financial services that span investment guidance, asset management, and capital markets activity, serving individuals, institutions, and government bodies across global markets. It is recognized for combining wealth advisory work with broader securities and banking operations under one roof.

The firm runs through three business lines. Its wealth management arm focuses on investment consultation for clients, while its investment management division handles the creation and oversight of investment trusts, discretionary portfolios, fund management for institutional clients, and the administration of silent partnerships. The wholesale segment covers trading in debt and equity securities, currency and derivatives contracts, along with investment banking work such as underwriting, securities distribution, mergers and acquisitions guidance, and financial advisory services.

The company traces its roots to 1925, originally operating as The Nomura Securities Co., Ltd. before adopting its current name in October 2001. It is headquartered in Tokyo, Japan, and its shares trade under the ticker NMR.

Sector
Finance
Website
nomuraholdings.com

Nomura GekkoIndex: the smart money zone

Nomura’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 52.2, in the Neutral zone, down 14.4 points over five sessions.

010052.2Neutral

Down 14.4 points over five sessions, from the Accumulation zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying38+2.1%+4.9%+6.5%+7.8%
Accumulation159+0.8%+1.6%+2.6%+8.1%
Neutral (current zone)411+0.1%+0.2%+1.2%+4.7%
Distribution42+0.1%−0.1%−0.1%−7.5%
Selling0Not available

Average NMR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the NMR price, zone by zone.Track NMR in Gekko

Is Nomura stock overvalued? Gekko Fair Value

Nomura trades 3.5% below Gekko Fair Value of $10.15, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Nomura shares are worth, recalculated every trading day.

$10.15

Gekko Fair Value, Nov 4, 2026

3.5% below fair value · About fair value

At the end of Aug 2026 the price was 1.3% above the estimate.

Gekko Fair ValueShare price, month end
$10$9Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open NMR in Gekko

Nomura insider and Congress trading

No open-market insider purchases were filed for Nomura, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for NMR in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every NMR insider filing, plotted on the chart in Gekko.Open NMR in Gekko

Congress trades last 90 days

No trades in NMR were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for NMR, plotted on the chart in Gekko.Open NMR in Gekko

Nomura earnings: next date and track record

Nomura reports on Jan 29, 2027 (85 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±3.4%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+1.5%Nov ’24+7.0%Feb ’25−2.3%Apr ’25+0.7%Jul ’25+1.8%Nov ’25−7.3%Jan ’26−6.2%Apr ’26−0.5%Jul ’26

Last earnings call, Jul 29, 2026 AI summary

What they said
Nomura Holdings reported strong Q1 FY2027 results with ROE of 15.4%, as all divisions achieved higher revenue and income versus the prior quarter. Wealth Management net revenue rose 9% to JPY 145.4 billion with pretax income up 16% to JPY 71.1 billion, marking five consecutive quarters of growth. Investment Management net revenue surged 14% to JPY 98.3 billion with pretax income up 148% to JPY 45 billion, the best since division inception. Recurring revenue assets hit an all-time high of JPY 31.7 trillion, and international operations posted record pretax income across all three overseas regions.
Guidance
Management expressed confidence in steady progress toward its 2030 vision, citing improved earnings stability and enhanced profit generation capacity. The recurring revenue cost coverage ratio of 76% shows advancement toward 2030 targets, with new banking initiatives like deposit sweep services laying groundwork for future growth.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 29, 2026$0.30
est $0.23
+30.4%$4.31B
est $3.49B
+23.3%−0.5%
Apr 24, 2026$0.16
est $0.21
−23.8%$3.62B
est $3.37B
+7.5%−6.2%
Jan 30, 2026$0.18
est $0.24
−25.0%$3.54B
est $3.31B
+6.9%−7.3%
Nov 7, 2025$0.22
est $0.17
+29.4%$7.22B—+1.8%
Jul 29, 2025$0.24
est $0.25
−5.1%$7.68B
est $3.08B
+149.2%+0.7%
Apr 25, 2025$0.15
est $0.18
−16.7%$3.17B
est $2.96B
+7.1%−2.3%
Feb 5, 2025$0.22
est $0.14
+54.7%$7.34B
est $2.97B
+147.6%+7.0%
Nov 1, 2024$0.22
est $0.14
+54.8%$8.03B
est $3.16B
+154.1%+1.5%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Nomura stock forecast and analyst price targets

Analysts’ average 12-month price target for Nomura is $10.64, +8.7% from the last close.

$10.64consensus 12-month target, +8.7% from the last close
+1.2%average 20-day move after past Neutral readings
+6.8%average move over the next 20 trading days in the last 5 years
±2.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Nomura seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Nomura averaged +6.8% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−5.3%2021+10.4%2022−1.2%2023+18.8%2024+11.0%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+3.9%3 of 5
Next 10 trading days+3.8%3 of 5
Next 15 trading days+5.0%3 of 5
Next 20 trading days+6.8%3 of 5
Next 30 trading days+7.8%5 of 5

For scale, NMR’s typical 20-trading-day move in either direction is about 6%.

Nomura market cap and key statistics

Nomura’s market cap is $28.62B, with a P/E ratio of 10.8 and revenue of $2.42T over the last twelve months.

Valuation

Market cap
$28.62B
P/E ratio
10.8
Forward P/E
15.4
EPS, TTM
$0.89
Gekko Fair Value
$10.15

Trading

Volume
1.07M
Avg volume, 20 days
954,636
52-week high
$10.94
52-week low
$6.88
Shares outstanding
2.92B

Financials

Revenue, TTM
$2.42T
Profit margin
17.1%
Return on equity
11.5%
Quarterly earnings growth, YoY
+13.6%

Risk and income

Beta
0.59
Typical daily move
±2.1%
Typical 20-day move
±6%
Dividend yield
3.39%

Nomura stock news this week

Coverage of Nomura this week reads positive: 9 positive, 5 neutral and 1 negative headlines.

News sentiment positive

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Nomura stock FAQ

What is Nomura’s market cap?

Nomura’s market cap is $28.62B at the Nov 4, 2026 close of $9.79, with 2.92B shares outstanding. The shares trade on a P/E ratio of 10.8.

What is the Nomura stock forecast?

The consensus analyst 12-month price target for Nomura is $10.64, +8.7% from the last close. Gekko doesn’t publish price predictions of its own.

Is Nomura stock overvalued or undervalued?

On Gekko’s estimate Nomura is about fair value: the Nov 4, 2026 close of $9.79 is 3.5% below Gekko Fair Value of $10.15. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Nomura report earnings next?

Nomura is expected to report on Jan 29, 2027 (85 days away). Analysts expect earnings of $0.22 per share on revenue of $4.13B. Nomura beat the earnings estimate in 4 of its last 8 reports, moving 3.4% on average across the report.

What is Nomura’s 52-week high and low?

Nomura’s 52-week high is $10.94 and its 52-week low is $6.88; it closed at $9.79 on Nov 4, 2026, +37.1% over the past year.

Is Nomura stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (earnings risk and seasonality), 3 as mixed (trend, gekkoindex and fair value). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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