Nestle FY2026 Earnings Forecast Lifted by Erste Group Bank

Nestle SA (OTCMKTS:NSRGY – Free Report) – Erste Group Bank raised their FY2026 earnings per share (EPS) estimates for Nestle in a research report issued to clients and investors on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now expects that the company will post earnings per share of $5.47 for the year, up from their previous estimate of $5.41. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for Nestle’s current full-year earnings is $5.47 per share. Erste Group Bank also issued estimates for Nestle’s FY2027 earnings at $5.81 EPS.

A number of other analysts have also recently weighed in on the stock. Jefferies Financial Group upgraded shares of Nestle from a “hold” rating to a “buy” rating in a research note on Tuesday, July 21st. Morgan Stanley reiterated an “underweight” rating on shares of Nestle in a report on Thursday, July 2nd. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Nestle presently has an average rating of “Hold”.

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Nestle Trading Down 0.5%

Shares of OTCMKTS:NSRGY opened at $100.31 on Wednesday. Nestle has a 1 year low of $89.50 and a 1 year high of $109.59. The firm has a fifty day moving average price of $95.80 and a 200 day moving average price of $98.98.

Institutional Investors Weigh In On Nestle

Several hedge funds have recently modified their holdings of NSRGY. Sawyer & Company Inc bought a new stake in shares of Nestle in the third quarter valued at approximately $59,000. Delta Capital Management LLC increased its position in Nestle by 13.4% during the third quarter. Delta Capital Management LLC now owns 20,710 shares of the company’s stock worth $1,886,000 after acquiring an additional 2,445 shares during the period. Forbes J M & Co. LLP increased its position in Nestle by 1.9% during the third quarter. Forbes J M & Co. LLP now owns 5,892 shares of the company’s stock worth $535,000 after acquiring an additional 112 shares during the period. Copeland Capital Management LLC acquired a new position in Nestle during the 3rd quarter valued at $216,000. Finally, Douglas Lane & Associates LLC boosted its holdings in Nestle by 0.7% in the 3rd quarter. Douglas Lane & Associates LLC now owns 1,011,074 shares of the company’s stock valued at $91,785,000 after purchasing an additional 6,798 shares during the period. 0.61% of the stock is owned by institutional investors.

About Nestle

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Nestlé SA is a Switzerland-based food and beverage company headquartered in Vevey. Its portfolio includes coffee and other beverages, pet care, nutrition and health science products, dairy and plant-based foods, prepared dishes, confectionery, snacks, and bottled water. Well-known brands include Nescafé, Nespresso, KitKat, Purina, Maggi, Gerber, Perrier, and S.Pellegrino, although product availability varies by market.

The company serves consumers, retailers, food-service operators, and healthcare customers across markets worldwide.

Further Reading

Earnings History and Estimates for Nestle (OTCMKTS:NSRGY)

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