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NIQ Global (NIQ) Soars 42% After Earnings. What’s Next?
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Insider Monkey – Free Hedge Fund and Insider Trading Data
NIQ Global Intelligence PLC (NYSE:NIQ) saw its share price soar by 42 percent on Tuesday to close at $16.58 after beating its estimates in the second quarter and raising its growth outlook for the full year.
Higher FY26 OutlookEncouraged by the strong results, NIQ Global Intelligence PLC (NYSE:NIQ) raised its growth expectations for the full-year period.
This compares with its previous expectations of 6.4 to 6.7 percent growth at $4.466 billion to $4.479 billion.
Adjusted EBITA is also expected to end at $1.057 billion to $1.076 billion, or a jump from the $1.05 billion to $1.067 billion outlook previously.
Based on data from Insider Monkey, 24 hedge funds held positions in NIQ Global Intelligence PLC (NYSE:NIQ) during the period, down from 26 in the quarter prior.