Most active: NTT, Inc. (9432.T JPX) Closed 02 Feb 2026: JPY 156.30, catalysts

NTT, Inc. (9432.T) closed the JPX session on 02 Feb 2026 at JPY 156.30, rising 1.96% on heavy activity as volumes hit 170,413,100 shares. The 9432.T stock move outpaced its 50-day average and kept the name among Tokyo’s most active issues. Investors are watching an upcoming earnings day and possible moves around NTT Data that could shift sentiment in Japan’s telecom sector.

9432.T stock price action and liquidity

NTT, Inc. (9432.T) traded between JPY 155.80 and JPY 157.20 today with a close at JPY 156.30. Volume of 170,413,100 was slightly below the 30-day average of 189,617,093, keeping the stock highly liquid.

The intraday gain of JPY 3.00 (1.96%) followed a prior close of JPY 153.30, leaving the share price near its 50-day average of JPY 156.37 and above the 200-day average of JPY 155.28.

Fundamental snapshot: earnings, payout and sector context

NTT reports trailing EPS of JPY 12.56 and a trailing PE of 12.33, with dividend per share at JPY 5.25 and a dividend yield of 3.39%. The company’s EV/EBITDA is 7.18, and price-to-sales stands at 0.92, reflecting a value tilt inside the Communication Services sector.

Japan’s communications sector average PE is about 18.65; NTT’s lower multiple partly reflects scale and higher leverage with a debt-to-equity of 1.69. The company’s free cash flow yield is modest at 0.67%, signalling capex pressure.

Meyka AI grade and 9432.T stock forecast

Meyka AI rates 9432.T with a score out of 100. The model scores NTT at 68.35/100, Grade B, suggestion HOLD. This grade factors in S&P 500 and sector comparison, financial growth, key metrics, forecasts, analyst signals, and fundamentals.

Meyka AI’s forecast model projects a monthly price of JPY 148.74, a quarterly price of JPY 157.85, and a yearly price of JPY 141.97. Versus the current JPY 156.30, the quarterly forecast implies an upside of 0.99% and the yearly forecast implies a downside of 9.17%. Forecasts are model-based projections and not guarantees.

Technicals and momentum for 9432.T stock

Technical indicators show neutral-to-bullish momentum: RSI 59.48, MACD histogram 0.38, and ADX 22.15, suggesting a steady short-term trend. Bollinger bands are JPY 152.86–160.34, with price sitting near the middle band.

On-volume signals, on-balance volume remains negative but money flow (MFI 59.02) supports modest buying. Short-term support is JPY 152.86 and resistance is JPY 160.34.

Earnings, catalysts and recent news impact

NTT’s next earnings release is scheduled for 05 Feb 2026, a primary near-term catalyst for the 9432.T stock. Market attention also remains on strategic moves related to NTT Data and capital returns which have influenced sentiment over the past year.

For historical context on corporate actions and splits see the Investing.com split history and for broader market context see the Nikkei 225 performance on Investing.com. Sources: Investing.com split history and Nikkei 225 index.

Valuation, price targets and investment thesis

At PE 12.33 and price-to-book 1.39, NTT trades below many sector peers on absolute multiples but carries higher leverage (debt-to-equity 1.69). Reasonable analyst-style targets: conservative JPY 140.00, base JPY 160.00, bullish JPY 175.00, driven by cash returns and possible asset moves.

Positioning: income investors may value the 3.39% yield, while growth investors should watch FCF conversion and the impact of any NTT Data tender actions on consolidated metrics. For live quotes and tools see NTT (9432.T) on Meyka: NTT (9432.T) on Meyka.

Final Thoughts

NTT, Inc. (9432.T) closed the JPX session at JPY 156.30 on 02 Feb 2026 with heavy participation and mixed signals from fundamentals and technicals. The stock’s valuation is modest—PE 12.33 and EV/EBITDA 7.18—but leverage (debt-to-equity 1.69) and modest free cash flow yield temper upside. Meyka AI’s short-term forecast (quarterly JPY 157.85) implies minimal upside (0.99%) while the one-year model target (JPY 141.97) implies downside (9.17%). Key catalysts are the 05 Feb 2026 earnings release and any corporate actions around NTT Data. Our grade (Meyka AI: 68.35/100, Grade B, suggestion HOLD) reflects this mixed signal set and sector positioning. Traders focused on most-active flows should watch intraday volume versus the 189,617,093 average and monitor whether earnings revise guidance or capital allocation plans. Forecasts and grades are model-based and not guarantees; use them alongside your own research and risk profile.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.