Should I Buy NMIH? NMIH 2026 Analysis

Should You Buy NMI Holdings Inc (NMIH) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

38.800

1 Day change

2.00%

52 Week Range

43.200

Analysis Updated At

2026/01/26

NMI Holdings Inc. is not a strong buy at this moment for a beginner investor with a long-term strategy. While the company has shown modest financial growth and analysts have a positive outlook for 2026, the current technical indicators, lack of trading momentum, and absence of strong proprietary trading signals suggest waiting for a better entry point. The stock's recent price decline and neutral sentiment from hedge funds and insiders further support a cautious approach.

Technical Analysis

The MACD is negative (-0.246) and contracting, indicating bearish momentum. RSI is at 39.271, suggesting the stock is nearing oversold territory but not yet a clear buy signal. Moving averages are converging, showing no strong trend. Key support is at 36.278, and resistance is at 40.297. The stock is trading near its pivot point of 38.288.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Analysts have raised price targets for 2026, citing expectations of a better mortgage origination market and double-digit book value growth. Financials for Q3 2025 show revenue, net income, and EPS growth YoY.

Neutral/Negative Catalysts

The stock has declined by 2.46% in the regular market session and shows a bearish technical setup. No significant insider or hedge fund activity, and no recent news to drive sentiment. Stock trend analysis indicates a likelihood of further short-term declines.

Financial Performance

In Q3 2025, revenue increased by 7.58% YoY to $178.68M, net income rose by 3.44% YoY to $95.99M, and EPS grew by 6.09% YoY to 1.22. While growth is positive, it is modest and does not indicate a significant acceleration.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts have a mixed but slightly positive outlook. Barclays raised its price target to $44 and maintained an Equal Weight rating, while Keefe Bruyette upgraded the stock to Outperform with a $48 target. JPMorgan lowered its target slightly to $42 but kept an Overweight rating.

5 Analyst Rating

Wall Street analysts forecast NMIH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NMIH is 45.4 USD with a low forecast of 43 USD and a high forecast of 49 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

1 Hold

0 Sell

Strong Buy

Current: 38.040

Low

Averages

45.4

High

Current: 38.040

Low

Averages

45.4

High

Barclays

Equal Weight

maintain

$43 -> $44

AI Analysis

2026-01-06

Reason

Barclays

Price Target

$43 -> $44

AI Analysis

2026-01-06

maintain

Equal Weight

Reason

Barclays raised the firm's price target on NMI Holdings to $44 from $43 and keeps an Equal Weight rating on the shares. The firm sees additional upside in select consumer finance name in 2026. A "benign' credit environment sets the stage for loan growth, the analyst tells investors in a research note. Barclays also forecasts a better mortgage origination market in 2026. The firm adjusted price targets as part of its 2026 outlook.

Keefe Bruyette

Bose George

Market Perform

Outperform

upgrade

$46 -> $48

2025-12-17

Reason

Keefe Bruyette

Bose George

Price Target

$46 -> $48

2025-12-17

upgrade

Market Perform

Outperform

Reason

Keefe Bruyette analyst Bose George upgraded NMI Holdings to Outperform from Market Perform with a price target of $48, up from $46. The firm expects a decline in short rates in 2026, but thinks the long-end will remain fairly range-bound. Heading into 2026, Keefe is "reasonably constructive" on the mortgage insurers given its expectation that the companies will generate double-digit book value growth. It upgrades NMI Holdings as part of its 2026 outlook.

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NMIH Should I Buy

NMIH Should I Buy

Should You Buy NMI Holdings Inc (NMIH) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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