Nitto Denko (OTCMKTS:NDEKY) Issues FY 2026 Earnings Guidance

Nitto Denko (OTCMKTS:NDEKY) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.335-1.335 for the period, compared to the consensus earnings per share estimate of 1.300. The company issued revenue guidance of $7.0 billion-$7.0 billion.

Nitto Denko Stock Performance

Shares of Nitto Denko stock traded up $0.98 during trading hours on Wednesday, hitting $21.78. The company’s stock had a trading volume of 2,266 shares, compared to its average volume of 115,215. The business has a 50 day moving average price of $19.58 and a two-hundred day moving average price of $20.70. Nitto Denko has a 12-month low of $17.75 and a 12-month high of $26.48. The company has a market cap of $14.78 billion, a PE ratio of 16.63 and a beta of 0.84.

Nitto Denko (OTCMKTS:NDEKY) last released its earnings results on Tuesday, July 28th. The technology company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.13). The business had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.60 billion. Nitto Denko had a return on equity of 12.47% and a net margin of 13.00%.Nitto Denko has set its FY 2026 guidance at 1.335-1.335 EPS.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered shares of Nitto Denko from a “strong-buy” rating to a “neutral” rating in a report on Monday, June 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Nitto Denko currently has a consensus rating of “Hold”.

Nitto Denko Company Profile

Nitto Denko Corporation, trading over‐the‐counter in the U.S. under the symbol NDEKY, is a Japan‐based manufacturer specializing in advanced materials and components. The company’s core offerings include pressure-sensitive adhesive tapes, optical films, and functional polymers used across a broad spectrum of industries. With a focus on innovation, Nitto Denko develops solutions for electronics, automotive, and healthcare markets, leveraging proprietary coating, lamination and microfabrication technologies.

The company’s product portfolio spans display materials—such as polarizing films for LCD panels—semiconductor device protection tapes, thermal interface materials for heat dissipation, and a range of industrial adhesive products.