Nissin Foods stock: Citi begins coverage at JPY 3,100.00 for Nissin Foods stock

Published on 10/24/2026 at 04:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter revenue rose 10.00 percent to JPY 194.665 billion in fiscal 2027. The average analyst target for Nissin Foods stock is JPY 3,211.90.

Analyst view meets operating recovery

Citi began coverage with a JPY 3,100.00 target on October 23, 2026.
Fiscal 2027 first-quarter revenue rose 10.00 percent to JPY 194.665 billion.
Nissin Foods stock was last at JPY 3,095.00 on October 23, 2026 at 3:30 p.m. JST on Tokyo.
Second-quarter results are scheduled for November 11, 2026.

Nissin Foods, JP3675600005, Illustration mit AI erstellt.

Nissin Foods (ISIN JP3675600005) drew fresh analyst attention on October 23, 2026, when Investing.com listed Citi's new coverage with a Hold rating and a JPY 3,100.00 target. The update arrived before Nissin Foods reports its next quarterly figures.

First-quarter recovery sets the tone

The operating backdrop had improved by the first quarter of fiscal 2027. According to Simply Wall St, revenue reached JPY 194.7 billion, up 10.00 percent from the year-earlier quarter. Net income rose 18.00 percent to JPY 13.3 billion, while profit margin increased to 6.8 percent from 6.3 percent.

The comparison matters because Nissin Foods had reported weaker fiscal 2026 results. Revenue for that year reached JPY 788.1 billion, up 1.5 percent, while net income fell 18.00 percent, according to the same results record. The first-quarter figures therefore show a sharper recovery in sales and earnings than the full-year comparison.

Three dates reshape the view

The chronology is clear: on August 4, 2026, Nissin Foods reported fiscal 2027 first-quarter revenue of JPY 194.7 billion; on October 16, 2026, Macquarie maintained a JPY 2,555.00 target; and on October 23, 2026, Citi began coverage at JPY 3,100.00, according to Investing.com. The target gap shows that the recovery has not produced a uniform analyst view.

What does the target mean?

Investing.com listed 13 analysts, including three Buy ratings and 10 Hold ratings, with an average target of JPY 3,211.90. Against the Tokyo price of JPY 3,095.00, that average represents 3.78 percent upside. The spread between Macquarie's JPY 2,555.00 target and the average target keeps margin quality and the next earnings release central to the debate.

Next results bring the test

The next scheduled event is the fiscal 2027 second-quarter results release on November 11, 2026, followed by a November 30, 2026 dividend payment, according to Simply Wall St. The second-quarter report will show whether the first-quarter revenue gain translated into sustained profit improvement.

Tokyo price remains the market reference

On the Tokyo Stock Exchange, Nissin Foods was last at JPY 3,095.00 on October 23, 2026 at 3:30 p.m. JST, with a 52-week range of JPY 2,527.00 to JPY 3,354.00. The price sits 7.72 percent below the 52-week high, leaving the next results as the clearest test of the recovery narrative. The further course of trading is shown by the continuously updated real-time quote of Nissin Foods stock.