Mizuho Maintains an Outperform Rating on Nomad Foods Limited (NOMD)

Nomad Foods Limited (NYSE:NOMD) is among the 12 Best Food Stocks to Buy in 2026.

On January 8, 2026, TheFly reported that Mizuho trimmed Nomad Foods Limited (NYSE:NOMD)’s price goal from $17 to $15. The analysts maintained an Outperform rating on the stock. The change takes into account the prognosis for food producers in 2026. Healthy living growth is projected to exceed in 2026, as per analysts, but valuations have been constricted due to competition worries. Mizuho pointed out poor fundamentals and high levels of economic uncertainty, showing little chance of a broad value recovery.

Deutsche Bank reduced Nomad Foods Limited (NYSE:NOMD)’s price target from $18 to $16 on November 7, 2025, and retained a Buy rating.

The stock is down by 3.28% YTD, as of January 9, 2026.

The company anticipates delivering full-year earnings that are close to the lower end of its current forecast range. Organic sales for the entire year are projected to be close to the bottom of the company’s flat to -2% range. It is anticipated that the corporation’s full-year Adjusted EBITDA will be close to the lower end of its -3% to -7% year-over-year range, and its Adjusted EPS will be near the lower end of its €1.64 to €1.76 range.

Nomad Foods Limited (NYSE:NOMD) is a packaged food company that manufactures and distributes branded frozen foods in Western Europe.

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