Summary Highlights:
- Nelnet Business Services fully acquires Next Gen Web Solutions, enhancing its Campus Commerce offerings.
- Analysts project a 9.32% upside potential for Nelnet Inc, targeting a price of $115.00.
- GuruFocus estimates suggest a fair value uplift of 18.09%, predicting significant growth in stock value.
Nelnet Business Services, a significant arm of Nelnet (NNI, Financial), has strategically expanded its portfolio by acquiring all equity and membership interests in Next Gen Web Solutions. This acquisition seamlessly integrates Next Gen into Nelnet's Campus Commerce division under the leadership of President Jackie Strohbehn.
Wall Street Analysts Forecast
According to projections by one financial analyst, the average 12-month target price for Nelnet Inc (NNI, Financial) is set at $115.00. This forecast suggests a potential upside of 9.32% from the current trading price of $105.20. Analysts anticipate both a high and low estimate of $115.00. For an in-depth analysis, visit the Nelnet Inc (NNI) Forecast page.
The consensus recommendation from a single brokerage firm assigns Nelnet Inc (NNI, Financial) an average rating of 3.0, which translates into a "Hold" status. This rating is part of a scale from 1 to 5, with 1 equating to a Strong Buy and 5 indicating a Sell.
In alignment with GuruFocus's proprietary valuation model, the estimated GF Value for Nelnet Inc (NNI, Financial) is projected to be $124.23 within the next year, representing an expected upside of 18.09% from the current market price of $105.20. This GF Value reflects the anticipated fair trading value based on historical stock multiples, historical growth trends, and future business performance estimates. For comprehensive data insights, please consult the Nelnet Inc (NNI) Summary page.
