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Middleby (MIDD) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MIDD Stock Forecast

Middleby (MIDD) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $160.00, with a high of $160.00 and a low of $160.00. This represents a -5.93% decline from the last price of $170.08.

$120 $131 $142 $153 $164 $175 High: $160 Avg: $160 Low: $160 Last Closed Price: $170.08

MIDD Stock Rating

Middleby stock's rating consensus is Buy, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (83.33%), 1 Hold (16.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 6 1 5 0 Strong Sell Sell Hold Buy Strong Buy

MIDD Forecast vs Benchmarks

TypeNameUpside
StockMiddleby-5.93%
SectorIndustrials Stocks 15.95%
IndustryIndustrial Machinery Stocks10.90%

Price Target Trends

1M3M12M
# Anlaysts--4
Avg Price Target--$166.00
Last Closing Price$170.08$170.08$170.08
Upside/Downside---2.40%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25143-19
Dec, 24153-110
Nov, 24155-112
Oct, 242551114
Sep, 242551114
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 27, 2024Jeffrey HammondKeyBanc$160.00$140.5913.81%-5.93%
Jun 05, 2024Saree BoroditskyJefferies$170.00$127.0133.85%-0.05%
May 09, 2024Brian McNamaraCanaccord Genuity$159.00$138.5814.74%-6.51%
Apr 17, 2024Jeffrey HammondKeyBanc$175.00$140.9624.15%2.89%
Nov 17, 2022Canaccord Genuity$171.00$139.8422.28%0.54%
Apr 05, 2022Timothy TheinCitigroup$190.00$155.0322.56%11.71%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Aug 30, 2024Canaccord GenuityBuyBuyhold
Aug 27, 2024KeyBancOverweightOverweighthold
Jul 25, 2024Canaccord GenuityBuyBuyhold
Jun 27, 2024Raymond JamesMarket Performinitialise
Jun 05, 2024JefferiesBuyBuyhold
May 09, 2024Canaccord GenuityBuyBuyhold
Apr 17, 2024KeyBancOverweightOverweighthold
Feb 21, 2024Canaccord GenuityBuyBuyhold
Aug 07, 2023BenchmarkBuyBuyhold
Jul 17, 2023CitigroupBuyBuyhold

Financial Forecast

EPS Forecast

$3 $4 $5 $6 $7 $8 $9 $10 $11 $12 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$3.76$8.85$8.07$7.53----
Avg Forecast$4.76$7.86$8.97$9.47$9.19$10.02$11.20$11.86
High Forecast$4.64$7.65$8.81$9.44$9.04$9.27$10.63$11.57
Low Forecast$4.82$7.95$9.04$9.52$9.33$10.73$11.76$11.99
Surprise %-21.01%12.60%-10.03%-20.49%----

Revenue Forecast

$2B $3B $3B $4B $4B $5B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$2.51B$3.25B$4.03B$4.05B----
Avg Forecast$2.48B$3.23B$4.01B$4.05B$3.86B$4.00B$4.18B$4.33B
High Forecast$2.43B$3.17B$3.96B$4.04B$3.85B$3.93B$4.18B$4.33B
Low Forecast$2.50B$3.26B$4.04B$4.06B$3.87B$4.04B$4.18B$4.33B
Surprise %1.39%0.54%0.52%-0.05%----

Net Income Forecast

$100M $210M $320M $430M $540M $650M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$207.29M$488.49M$436.57M$403.48M----
Avg Forecast$170.56M$424.85M$455.56M$400.88M$496.66M$540.78M$605.54M$637.01M
High Forecast$136.45M$413.60M$364.45M$320.71M$488.76M$501.35M$575.18M$625.69M
Low Forecast$204.67M$429.87M$546.67M$481.06M$504.56M$580.21M$635.91M$648.32M
Surprise %21.54%14.98%-4.17%0.65%----

MIDD Forecast FAQ

Is Middleby stock a buy?

Middleby stock has a consensus rating of Buy, based on 6 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Middleby is a favorable investment for most analysts.

What is Middleby's price target?

Middleby's price target, set by 6 Wall Street analysts, averages $160 over the next 12 months. The price target range spans from $160 at the low end to $160 at the high end, suggesting a potential -5.93% change from the previous close price of $170.08.

How does Middleby stock forecast compare to the average forecast of its sector, industry, and investment themes?

Middleby stock forecast shows a -5.93% downside, underperforming the average forecast for the industrials stocks sector (15.95%) and underperforming the industrial machinery stocks industry (10.90%).

What is the breakdown of analyst ratings for Middleby over the past three months?

  • January 2025: 11.11% Strong Buy, 44.44% Buy, 33.33% Hold, 0% Sell, 11.11% Strong Sell.
  • December 2024: 10.00% Strong Buy, 50.00% Buy, 30.00% Hold, 0% Sell, 10.00% Strong Sell.
  • November 2024: 8.33% Strong Buy, 41.67% Buy, 41.67% Hold, 0% Sell, 8.33% Strong Sell.

What is Middleby’s EPS forecast?

Middleby's average annual EPS forecast for its fiscal year ending in December is 9.19 for 2024, a 22.05% increase from the reported $7.53 in 2023. The prediction for 2025 is $10.02, $11.2 for 2026, and $11.86 for 2027.

What is Middleby’s revenue forecast?

Middleby's average annual revenue forecast for its fiscal year ending in December is $3.86B for 2024, a -4.62% decrease from the reported $4.05B in 2023. The forecast for 2025 is $4B, $4.18B for 2026, and $4.33B for 2027.

What is Middleby’s net income forecast?

For its fiscal year ending in December, Middleby's average annual net income forecast is $496.66M for 2024, reflecting an 23.09% increase from the reported $403.48M in 2023. The projection for 2025 is $540.78M, $605.54M for 2026, and $637.01M for 2027.