Compass Verdict

Is Nomura Holdings, Inc. (NYSE:NMR) a buy in 2026?

Yes, on balance. The Compass leans toward accumulating Nomura Holdings, Inc. at current levels.

Japan's rate normalization finally hands Nomura the wholesale franchise it spent a decade rebuilding, and the stock still trades at book.

Compass Score 77/100Favorable$8.77

Where NMR is headed

Nomura in 2028 looks nothing like the perpetually apologising franchise of the 2010s. The BoJ policy rate sits at 1.25%, the yen has settled in a range that no longer requires MoF panic calls, and Japanese households, sitting on roughly 2,100 trillion yen in financial assets with more than half still in cash and deposits, are finally moving. That migration into equities, funds, and structured products is the biggest domestic wealth reallocation in G7 history, and Nomura's Wealth Management arm is the incumbent distribution channel for it. Revenue growth of 27.5% in the trailing twelve months is not a cyclical print, it is the opening chapter.

Read the full Compass Direction on NMR

The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $8.77).

See the full NMR analysis

Get calls like this, free

Join the Alexandria e-letter for forward-looking verdicts, earnings intelligence, and the contrarian reads the crowd misses. Twice a week, no noise.

Free forever. Unsubscribe anytime. We never share your email.

Frequently asked questions

Is Nomura Holdings, Inc. (NYSE:NMR) a buy in 2026?

Yes, on balance. The Compass leans toward accumulating Nomura Holdings, Inc. at current levels. Japan's rate normalization finally hands Nomura the wholesale franchise it spent a decade rebuilding, and the stock still trades at book.

What is NMR's Compass Score?

Nomura Holdings, Inc. scores 77/100 on Alexandria's Compass, placing it in the "Favorable" tier. Scores blend eight factors and update weekly.

What is the price target for NMR?

Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the NMR page.

Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.