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8604:TSENomura Holdings, Inc. Analysis

Data as of 2026-08-18 - not real-time

¥1,553.50

Latest Price

5/10Risk

Risk Level: Medium

Executive Summary

Nomura Holdings, Inc. is priced at ¥1,553.50 and its moving averages line up in bullish order, the shorter sitting above the longer. Across the trailing 30 sessions it gained 5.6%. Relative strength is 52.2 — neutral — and the MACD signal is bearish. Price has been bracketed by support at ¥1,455.50 and resistance at ¥1,624.50.
On valuation the read is undervalued — earnings multiple of 11.7 versus a 16.9 sector average, below the peer group. Analyst price targets sit 9.3% above the current price. Revenue is growing at 31.2% on a 17.3% profit margin. The 3.27% dividend yield looks covered by current payout levels.
Risk scores 5 out of 10, which is moderate for this asset class. With 30-day volatility of 38.2%, a beta of 0.91 and a maximum drawdown of 20.9%, position sizing matters here. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
All three time horizons resolve to buy, carrying 6/10 conviction.

Top Market Events

Wondering if Nomura Holdings at ¥1,250.5 is still offering value after a strong run, or if most of the upside is...Nomura Holdings stock has delivered a very strong 249.Nomura Holdings earnings event puts fresh focus on the stock Nomura Holdings TSE:8604 reported first quarter 2026...

Market Outlook

Short Term

< 1 year
Positive
Model confidence: 6/10

Key Factors

  • Short-term moving averages stacked above long-term ones
  • Trading above the 200-day average of 1331.82
  • MACD momentum is negative

Medium Term

1–3 years
Positive
Model confidence: 6/10

Key Factors

  • Short-term moving averages stacked above long-term ones
  • P/E of 11.7 versus sector average of 16.9
  • Trading above the 200-day average of 1331.82

Long Term

> 3 years
Positive
Model confidence: 6/10

Key Factors

  • P/E of 11.7 versus sector average of 16.9
  • Analyst targets imply +9.3% versus the current price
  • Profit margin of 17.3% is healthy

Key Metrics & Analysis

Financial Health

Revenue Growth31.20%
Profit Margin17.29%
P/E Ratio11.7
ROE11.16%
ROA0.67%
Debt/Equity945.61
P/B Ratio1.2
Industry P/E16.9

Technical Analysis

TrendBullish
RSI52.2
Support¥1,455.50
Resistance¥1,624.50
MA 20¥1,562.55
MA 50¥1,500.07
MA 200¥1,331.82
MACDBearish
VolumeDecreasing
Fear & Greed Index94.3

Valuation

Target Price¥1,697.50
Upside/Downside9.27%
GradeUndervalued
TypeValue
Dividend Yield3.27%

Risk Assessment

Beta0.91
Volatility38.16%
Sector RiskMedium
Reg. RiskHigh
Geo RiskLow
Currency RiskMedium
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.