Nomura Holdings Inc. (NMR): price, analyst ratings, earnings and fundamentals
Updated 16 September 2026, 08:02 ET
Nomura Holdings Inc. (NMR) closed at $10.61 on 15 September 2026, down 1.1%. The stock is up 8.0% over one month and up 41.3% over one year. It trades 3.0% below its 52-week high of $10.94. The company last reported on 29 July 2026 for Q1 2027: EPS of $0.30 against an estimate of $0.23, a beat of 30.4%, on revenue of $4.3 billion.
Price and performance
Performance figures use dividend and split adjusted closes over trading sessions, so a one-year move compares the last close with the close 252 sessions earlier. The 52-week range uses the adjusted daily highs and lows of the same window. Read the guide: Momentum, trend and technical indicators.
The live chart with technical indicators is in the app: open NMR in FundSpec.
Analyst ratings
No analyst action on NMR was recorded in the last 90 days; the most recent is from 19 March 2026.
| Date | Firm | Action | Price target |
|---|---|---|---|
| 19 Mar 2026 | JP Morgan | Upgrades to Overweight from Neutral | |
| 29 Aug 2024 | JP Morgan | Assumes Neutral | |
| 25 Jan 2023 | Jefferies | Downgrades to Hold from Buy | |
| 30 Mar 2021 | Goldman Sachs | Downgrades to Neutral from Buy | |
| 9 Mar 2021 | Goldman Sachs | Upgrades to Buy from Neutral | |
| 1 Sep 2016 | Jefferies | Upgrades to Hold from Underperform | |
| 29 Jul 2016 | JP Morgan | Initiates Coverage On Neutral | |
| 27 Jun 2016 | Jefferies | Downgrades to Neutral from Outperform | |
| 10 Feb 2016 | Credit Suisse | Downgrades to Neutral from Outperform | |
| 8 Feb 2016 | Deutsche Bank | Downgrades to Hold from Buy |
A price target is one firm's twelve-month view, and the median across firms is a steadier reading than any single call. Upgrades and downgrades matter more when they change a rating, not only a target. Read the guide: What analyst ratings and price targets actually tell you.
Every action with the firm's history is in Analyst Ratings.
Earnings
The next report is scheduled for 27 October 2026 before the open for Q2 2027. Nomura Holdings Inc. beat the EPS estimate in 2 of its last 5 reported quarters.
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue |
|---|---|---|---|---|---|
| Q1 2027 | 29 Jul 2026 | $0.23 | $0.30 | +30.43% | $4.3B |
| Q4 2026 | 24 Apr 2026 | $0.21 | $0.16 | -23.81% | $3.7B |
| Q3 2026 | 30 Jan 2026 | $0.24 | $0.20 | -16.67% | $3.6B |
| Q2 2026 | 28 Oct 2025 | $0.17 | $0.21 | +23.53% | $3.5B |
| Q1 2026 | 29 Jul 2025 | $0.25 | $0.24 | -4.00% | $3.6B |
| Q4 2025 | 25 Apr 2025 | $0.15 | $3.0B | ||
| Q3 2025 | 5 Feb 2025 | $0.22 | $3.3B | ||
| Q2 2025 | 1 Nov 2024 | $0.22 | $3.2B |
An earnings surprise is the reported EPS against the consensus estimate on the day. The price reaction depends as much on guidance and on what was already priced in as on the surprise itself. Read the guide: Earnings season: estimates, surprises and price reaction.
Estimates, confirmed dates and alerts for every company are in Earnings.
Fundamentals
On a trailing twelve month basis the company shows revenue growth of 0.46%, a gross margin of N.A., an operating margin of 65.53% and a return on equity of 10.09%.
Assets
| Line | Amount |
|---|---|
| Cash & Cash Equivalents | $4,298,693,000,000 |
| Restricted Cash | $20,029,000,000 |
| Other Receivables | $1,345,631,000,000 |
| Plant, Property & Equipment, Net | $543,847,000,000 |
| Operating Lease Right-of-Use Assets | $138,708,000,000 |
| Goodwill Intangible Assets, Net | $286,623,000,000 |
| Deferred Tax Asset | $247,664,000,000 |
| Total Assets | $62,645,925,000,000 |
Liabilities and equity
| Line | Amount |
|---|---|
| Total Short-term Debt | $1,752,669,000,000 |
| Long-term Debt | $15,544,956,000,000 |
| Operating Lease Liabilities, Long-term | $156,279,000,000 |
| Minority Interest | $147,047,000,000 |
| Total Liabilities | $58,791,010,000,000 |
| Common Stock | $594,493,000,000 |
| Additional Paid In Capital | $706,261,000,000 |
| Retained Earnings | $2,013,986,000,000 |
| Treasury Stock | -$155,093,000,000 |
| Other Accumulated Comprehensive Income | $548,221,000,000 |
| Total Stockholders Equity | $3,707,868,000,000 |
| Total Liability & Stockholders Equity | $62,645,925,000,000 |
Figures as filed with the SEC for the period ended 31 March 2026, in US dollars.
FundSpec fundamental metrics
Each metric is computed from the company's filings and ranked against every company FundSpec covers; the percentile is the share of covered companies with a lower value.
Leverage
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Debt/Assets | 0.28 | 72nd | Calculated as the ratio of Short-Term Debt + Long-Term Debt / Total Assets. The higher the ratio, the higher the degree of leverage, and consequently, financial risk |
| Debt/Equity | 4.67 | 95th | Calculated as the ratio of Total Liabilities / Shareholders' Equity. The ratio indicates how much debt a company is using to finance its assets relative to the amount of value represented in shareholders’ equity |
| Degree of Financial Leverage | 5.91 | 99th | Calculated as the ratio of Percentage change in EPS / Percentage change in EBIT. A higher degree of financial leverage means that the company has more volatile EPS. |
| Long Term Debt/Long Term Capital | 0.81 | 84th | Calculated as Long-Term Debt / (Long-Term Debt + Shareholders' Equity). The ratio is an indicator of the company's leverage |
| Long Term Debt/Total Capital | 0.74 | 92nd | Calculated as (Short-Term Debt + Long-Term Debt / (Short-Term Debt + Long-Term Debt + Shareholders' Equity). The ratio is an indicator of the company's leverage |
Profitability
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Free Cashflow Margin Pct | -25.2% | 21st | Calculated as the ratio of Free Cashflow from Operating Activities / Net Sales. It measures how much per dollar of revenue the company is able to convert into free cash flow. |
| Operating Margin Pct | 65.5% | 99th | Calculated as the ratio of (Revenue - (Cost of Goods Sold + Labour + Sales, General & Administrative)) / Revenue. Operating margins are important because they measure efficiency. The higher the operating margin, the more profitable a company's core business is. |
| PreTax Margin Pct | 11.1% | 64th | Calculated as the ratio of (Gross profit - (Operating Expense + Interest Expense)) / Revenue. The pretax profit margin enables profitability to be compared across companies with significant differences in size, scale, capital structure and tax rates. |
| Return on Assets Pct | 0.6% | 54th | Calculated as the ratio of Net Income / Total Assets. It is an indicator of how efficient the company is at using its assets to generate earnings. |
| Return on Equity Pct | 10.1% | 66th | Calculated as the ratio of Net Income / Shareholders' equity. It is a measure of how much profit a company generates with the money shareholders have invested. |
| Return on Invested Capital Pct | 10.3% | 73rd | Calculated as the ratio of (Net Income - Dividends) / (Debt + Equity). It is a measure of how efficient the company is at allocating the capital under its control to profitable investments. |
Cashflow
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| FCF Pct Growth | 37.8% | 68th | The Free Cash Flow growth rate over the trailing twelve months (TTM) |
| FCF Pct Growth 3 year CAGR | 38.2% | 60th | The Free Cash Flow compound annual growth rate (CAGR) over the past 3 years |
| FCF Return on Assets Pct | -2.0% | 38th | Calculated as the ratio of Cashflow from Operations / Total Assets. A high cash return on assets means a company is generating more cash flow from every asset dollar |
| Operating Cashflow Pct Growth | 24.2% | 63rd | The Operating Cashflow growth rate over the trailing twelve months (TTM) |
| Operating Cashflow Pct Growth 3 year CAGR (FY) | -6.7% | 32nd | The Operating Cashflow compound annual growth rate (CAGR) over the past 3 years |
Earnings Growth (Net Income)
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Net Income Pct Growth | 6.3% | 47th | The Net Income growth rate over the trailing twelve months (TTM) |
| Net Income Pct Growth 3 year CAGR | 57.4% | 93rd | The Net Income compound annual growth rate (CAGR) over the past 3 years |
| Net Income Pct Growth 5 year CAGR | 18.8% | 79th | The Net Income compound annual growth rate (CAGR) over the past 5 years |
Top Line Growth
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Revenue Pct Growth | 0.5% | 34th | The Revenue (Sales) growth rate over the trailing twelve months (TTM) |
| Revenue Pct Growth 3 year CAGR | 24.2% | 85th | The Revenue (Sales) compound annual growth rate (CAGR) over the past 3 years |
| Revenue Pct Growth 5 year CAGR | 24.1% | 86th | The Revenue (Sales) compound annual growth rate (CAGR) over the past 5 years |
Taxes
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Effective Tax Rate Pct | 31.1% | 90th | The effective tax rate of the company over the trailing twelve months (TTM). |
Margins and returns say how much of each dollar of sales becomes profit and how hard the balance sheet is working; leverage and liquidity say how much room the company has when conditions turn. Read the guide: A practical guide to discounted cash flow valuation.
Fair value, peer multiples and the full statement history are in the app: open NMR in FundSpec.
Insider activity
In the last 90 days insiders filed 19 transactions: 19 acquisitions covering 2,366 shares. Acquisitions include awards and option exercises as well as open market purchases. The largest by value was an acquisition of 262 shares by Hiroyasu Koike, See Remarks on 25 August 2026, worth about $2,583 at the transaction price.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 25 Aug 2026 | Hiroyasu Koike | See Remarks | Acquisition | 262 | $9.87 | $3K |
| 25 Aug 2026 | Masahiro Ishizuka | Director | Acquisition | 196 | $9.87 | $2K |
| 25 Aug 2026 | Shoji Ogawa | Director | Acquisition | 196 | $9.87 | $2K |
| 25 Aug 2026 | Akihito Tobari | See Remarks | Acquisition | 65 | $9.87 | $646 |
| 25 Aug 2026 | Akio Hori | See Remarks | Acquisition | 65 | $9.87 | $646 |
| 25 Aug 2026 | Yukiko Ozaki | See Remarks | Acquisition | 7 | $9.87 | $65 |
| 24 Jul 2026 | Hiroyasu Koike | See Remarks | Acquisition | 245 | $9.83 | $2K |
| 24 Jul 2026 | Masahiro Ishizuka | Director | Acquisition | 184 | $9.83 | $2K |
| 24 Jul 2026 | Shoji Ogawa | Director | Acquisition | 184 | $9.83 | $2K |
| 24 Jul 2026 | Akihito Tobari | See Remarks | Acquisition | 61 | $9.83 | $604 |
| 24 Jul 2026 | Akio Hori | See Remarks | Acquisition | 61 | $9.83 | $604 |
| 24 Jul 2026 | Yukiko Ozaki | See Remarks | Acquisition | 6 | $9.83 | $61 |
| 25 Jun 2026 | Hiroyasu Koike | See Remarks | Acquisition | 274 | $8.86 | $2K |
| 25 Jun 2026 | Masahiro Ishizuka | Director | Acquisition | 205 | $8.86 | $2K |
| 25 Jun 2026 | Shoji Ogawa | Director | Acquisition | 204 | $8.86 | $2K |
Insider filings record what officers and directors did with their own shares. Disposals are often planned sales or tax related, so a pattern across several insiders says more than one filing.
SEC filings
The latest filing is a 20-F from 22 June 2026.
| Filed | Form | Document |
|---|---|---|
| 22 Jun 2026 | 20-F | View on sec.gov |
| 23 Jun 2025 | 20-F | View on sec.gov |
| 26 Jun 2024 | 20-F | View on sec.gov |
| 12 Apr 2024 | 20-F/A | View on sec.gov |
| 28 Jun 2023 | 20-F | View on sec.gov |
| 24 Jun 2022 | 20-F | View on sec.gov |
| 25 Jun 2021 | 20-F | View on sec.gov |
| 30 Jun 2020 | 20-F | View on sec.gov |
| 25 Jun 2019 | 20-F | View on sec.gov |
| 25 Jun 2018 | 20-F | View on sec.gov |
Company profile
- Exchange
- NYSE
- Sector
- Brokers and Asset Managers
- Industry
- Trading
- Headquarters
- Chuo ku
- Chief executive
- Kentaro Okuda
- Employees
- 26,600
- Website
- nomuraholdings.com
- SEC CIK
- 0001163653
Nomura Holdings, Inc. provides various financial services to individuals, corporations, financial institutions, governments, and governments. It operates through three segments: Retail, Asset Management, and Wholesale. The Retail segment operated a network of 123 branches. The Asset Management segment engages in the development and management of investment trusts.
Sector and peers
Nomura Holdings Inc. is part of the Brokers and Asset Managers sector, which FundSpec tracks across 73 companies.
Companies in the same industry by market capitalization:
Put two of them side by side in Compare.
In FundSpec: the fair value estimate, the momentum reading, relative valuation against sector and industry peers, unusual options activity and AI model signals for NMR are available to subscribers, with the same screen in the iOS and Android apps.
Open NMR in FundSpec