Wall Street Zen upgrades Nomura Holdings stock to Buy

Published on 10/13/2026 at 02:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nomura reported JPY 37.59 billion revenue, down 5.37 percent year over year. October 28, 2026 is the next results date for Nomura Holdings stock.

Key points in brief

Wall Street Zen upgraded Nomura Holdings stock from Hold to Buy on October 4, 2026.
Nomura reported second-quarter revenue of JPY 37.59 billion, down 5.37 percent year over year.
Second-quarter net income excluding extra items rose to JPY 1.99 billion from JPY 1.42 billion.
Nomura plans to publish second-quarter results for fiscal 2027 on October 28, 2026.
The stock was last at EUR 8.55 at Lang & Schwarz on October 12, 2026.

NMR, JP3762600009, Illustration mit AI erstellt.

Wall Street Zen upgraded Nomura Holdings stock from Hold to Buy in a report dated October 4, 2026, according to MarketBeat. The rating change gives the stock a fresh analyst signal before Nomura's next scheduled operating update.

Three dated earnings signals

On December 1, 2025, Nomura completed the purchase of Macquarie's US and European asset-management businesses for JPY 288.80 billion, according to GreekSoup. On September 17, 2026, Nomura set the October 28 results announcement for 3:30 p.m. Tokyo time in a filing carried by StockTitan. The current earnings event arrived on October 8, 2026, when Nomura reported JPY 37.59 billion of revenue and earnings per share of JPY 17.79, finanzen.ch reported.

What changed in the second quarter?

The revenue figure fell 5.37 percent from JPY 39.72 billion in the comparable period, while earnings per share increased from JPY 12.70 to JPY 17.79. Simply Wall St reported a similar comparison, putting net income excluding extra items at JPY 1.99 billion versus JPY 1.42 billion and basic earnings per share at JPY 17.80 versus JPY 12.71 in the second quarter of fiscal 2027.

That mix matters because profit improved while the top line contracted. It points to a stronger earnings contribution from the business mix and cost base, but the revenue decline keeps the next quarterly release important for judging whether the improvement can broaden.

October 28 sets the next test

Nomura plans to publish its second-quarter operating results for the fiscal year ending March 31, 2027, on October 28, 2026, at 3:30 p.m. Tokyo time. The company also scheduled an audio webcast for 6:30 p.m. Tokyo time, according to StockTitan. For investors, the key comparison will be whether revenue stabilizes while earnings retain the improvement shown in the second quarter.

Euro quote remains dated

The stock was last at EUR 8.55 at Lang & Schwarz on October 12, 2026 at 10:57 p.m. CEST. Nomura's primary listing is on the Tokyo Stock Exchange, where it trades as 8604.T and the October 9, 2026 close was JPY 1,486.50, according to Global Banking and Finance. The further course of trading is shown by the continuously updated real-time quote of Nomura Holdings stock.