Analysts cut Nikon stock target from JPY 1,710 to JPY 1,623

Published on 10/07/2026 at 01:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nikon guides JPY 732.0 billion net sales for fiscal year ending March 31, 2027. For Nikon stock this means JPY 11.0 billion operating profit.

Nikon Corp., JP3657400002, Illustration mit AI erstellt.

Nikon Corporation stock (ISIN JP3657400002) had a Lang & Schwarz prior close of EUR 10.89 on October 5, 2026. On October 1, 2026, analysts cut Nikon's target from JPY 1,710 to JPY 1,623, according to Simply Wall St.

Target cut reflects lower margins

The JPY 87 reduction equals 5.09 percent from the earlier JPY 1,710 target. The cited review links the change to lower expected revenue growth and profit margins, partly offset by a higher assumed future price-to-earnings multiple.

The same October 1 update places the revised fair value at JPY 1,623 and describes the model as 18.00 percent above the reference share price used in that analysis. That valuation gap gives the target change more weight than a routine estimate adjustment.

Fiscal 2027 guidance stays cautious

For the fiscal year ending March 31, 2027, Nikon guides to net sales of JPY 732.0 billion, operating profit of JPY 11.0 billion, and profit attributable to owners of the parent of JPY 10.0 billion, according to Simply Wall St.

The six-month guidance for the period ending September 30, 2026 calls for revenue of JPY 336.0 billion and an operating loss of JPY 5.5 billion. Nikon's second-quarter dividend guidance is JPY 10.00 per share, compared with JPY 25.00 per share paid a year earlier, according to the same company guidance summarized by Simply Wall St.

Market value sets the context

Primary-market data on October 6, 2026 put Nikon's market capitalization at JPY 639.1 billion. The same snapshot showed a 52-week range of JPY 1,617.50 to JPY 2,390.00, placing the revised JPY 1,623 target near the lower end of that range.

Nikon's investor-relations page lists its Nikon Report as released on September 29, 2026 and its first-quarter fiscal 2027 results as reported on August 6, 2026, providing the latest dated reporting milestones from the company. The combination of cautious earnings guidance, lower dividend guidance and a 5.09 percent target reduction makes margin recovery the central valuation question.

Prior close remains the euro reference

The prior close at Lang & Schwarz was EUR 10.89 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Nikon stock.