Nomad Foods Limited (NYSE:NOMD) was included on a list of 12 best food stocks to buy in 2026.
On January 8, 2026, TheFly reported that Mizuho reduced Nomad Foods' price target from $17 to $15. Analysts kept an Outperform rating on the stock. The adjustment considered the outlook for food producers in 2026. Analysts project healthy living growth will exceed in 2026, but valuations have tightened due to competition concerns. Mizuho noted poor fundamentals and high economic uncertainty, indicating limited potential for a broad value recovery.
Deutsche Bank cut Nomad Foods' price target from $18 to $16 on November 7, 2025, and maintained a Buy rating.
As of January 9, 2026, the stock has declined 3.28% year-to-date.
The company expects full-year earnings to be near the lower end of its current forecast range. Organic sales for the full year are projected close to the bottom of the company's flat to -2% range. Full-year Adjusted EBITDA is anticipated near the lower end of its -3% to -7% year-over-year range, and Adjusted EPS is expected near the lower end of its €1.64 to €1.76 range.
Nomad Foods Limited manufactures and distributes branded frozen foods in Western Europe.