Nordson (NDSN) Stock Forecast, Price Target & Predictions
NDSN Stock Forecast
Nordson stock forecast is as follows: an average price target of $273.67 (represents a 9.53% upside from NDSN’s last price of $249.86) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
NDSN Price Target
The average price target for Nordson (NDSN) is $273.67 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $300.00 to $250.00. This represents a potential 9.53% upside from NDSN's last price of $249.86.
NDSN Analyst Ratings
According to 6 Wall Street analysts, Nordson's rating consensus is 'Hold'. The analyst rating breakdown for NDSN stock is 0 'Strong Buy' (0.00%), 2 'Buy' (33.33%), 4 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Nordson Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 23, 2024 | Michael Halloran | Robert W. Baird | $287.00 | $256.03 | 12.10% | 14.86% |
| May 22, 2024 | Chris Dankert | Loop Capital Markets | $255.00 | $246.44 | 3.47% | 2.06% |
| May 22, 2024 | Michael Halloran | Robert W. Baird | $272.00 | $245.85 | 10.64% | 8.86% |
| May 21, 2024 | Matthew Summerville | D.A. Davidson | $295.00 | $243.14 | 21.33% | 18.07% |
| Aug 21, 2023 | Matt Summerville | D.A. Davidson | $270.00 | $232.33 | 16.21% | 8.06% |
| Feb 22, 2023 | Jeffrey Hammond | KeyBanc | $255.00 | $221.04 | 15.36% | 2.06% |
| Aug 24, 2022 | - | Robert W. Baird | $271.00 | $239.17 | 13.31% | 8.46% |
| Jun 09, 2022 | - | Morgan Stanley | $250.00 | $218.04 | 14.66% | 0.06% |
| Jun 07, 2022 | Andrew Buscaglia | Berenberg Bank | $300.00 | $222.06 | 35.10% | 20.07% |
The latest Nordson stock forecast, released on Aug 23, 2024 by Michael Halloran from Robert W. Baird, set a price target of $287.00, which represents a 12.10% increase from the stock price at the time of the forecast ($256.03), and a 14.86% increase from NDSN last price ($249.86).
Nordson Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $287.00 | $277.25 |
| Last Closing Price | $249.86 | $249.86 | $249.86 |
| Upside/Downside | -100.00% | 14.86% | 10.96% |
In the current month, the average price target of Nordson stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nordson's last price of $249.86. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 27, 2024 | Oppenheimer | Perform | Perform | Hold |
| Aug 23, 2024 | Seaport Global | Neutral | Neutral | Hold |
| Aug 23, 2024 | Wells Fargo | Outperform | Outperform | Hold |
| May 28, 2024 | Oppenheimer | Perform | Perform | Hold |
| May 22, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| May 21, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
| Dec 12, 2023 | Loop Capital Markets | Hold | Hold | Hold |
| Dec 12, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 23, 2023 | Susquehanna | Outperform | Outperform | Hold |
| Aug 21, 2023 | Loop Capital Markets | Hold | Hold | Hold |
Nordson's last stock rating was published by Oppenheimer on Aug 27, 2024. The company gave NDSN a "Perform" rating, the same as its previous rate.
Nordson Financial Forecast
Nordson Revenue Forecast
| Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $719.31M | $648.68M | - | $610.48M | $683.58M | $662.13M | - | $599.25M | $646.86M | $589.54M | - | $558.52M | $538.18M | $529.48M |
| Avg Forecast | $818.97M | $762.55M | $709.45M | $691.51M | $820.58M | $776.24M | $756.25M | $699.35M | $789.92M | $737.48M | $721.16M | $681.69M | $736.83M | $657.26M | $661.07M | $630.77M | $706.19M | $664.94M | $639.29M | $623.85M | $651.29M | $650.62M | $646.40M | $606.91M | $617.42M | $604.35M | $547.76M | $509.86M | $556.76M | $503.34M |
| High Forecast | $831.07M | $773.81M | $719.93M | $701.73M | $832.71M | $787.71M | $767.42M | $709.68M | $801.59M | $748.37M | $731.82M | $685.17M | $743.53M | $657.65M | $661.07M | $640.09M | $715.17M | $674.77M | $648.74M | $633.07M | $661.54M | $660.87M | $656.58M | $616.47M | $627.14M | $613.87M | $556.39M | $517.89M | $565.53M | $511.27M |
| Low Forecast | $808.03M | $752.36M | $699.97M | $682.28M | $809.62M | $765.87M | $746.15M | $690.00M | $779.36M | $727.62M | $711.53M | $678.22M | $723.44M | $656.88M | $661.06M | $622.34M | $696.80M | $656.06M | $630.75M | $615.52M | $640.68M | $640.03M | $635.88M | $597.03M | $607.36M | $594.51M | $538.85M | $501.56M | $547.70M | $495.15M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 5 | 2 | 2 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 8 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.98% | - | 0.98% | 1.05% | 1.02% | - | 0.99% | 1.05% | 0.98% | - | 1.10% | 0.97% | 1.05% |
Nordson's average Quarter revenue forecast for Jan 24 based on 3 analysts is $630.77M, with a low forecast of $622.34M, and a high forecast of $640.09M. NDSN's average Quarter revenue forecast represents a -12.31% decrease compared to the company's last Quarter revenue of $719.31M (Oct 23).
Nordson EBITDA Forecast
| Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 5 | 2 | 2 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 8 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $217.76M | $200.64M | - | $167.46M | $207.32M | $210.56M | - | $171.04M | $213.43M | $188.31M | - | $62.25M | $131.32M | $151.92M |
| Avg Forecast | $225.04M | $209.54M | $194.95M | $190.02M | $225.49M | $213.30M | $207.81M | $192.17M | $217.06M | $202.65M | $198.17M | $187.32M | $202.47M | $180.61M | $205.21M | $173.33M | $194.05M | $182.72M | $186.55M | $207.05M | $183.77M | $183.58M | $169.59M | $171.24M | $174.21M | $170.52M | $98.69M | $143.86M | $157.09M | $142.02M |
| High Forecast | $228.37M | $212.63M | $197.83M | $192.83M | $228.82M | $216.45M | $210.88M | $195.01M | $220.27M | $205.64M | $201.09M | $188.28M | $204.31M | $180.71M | $246.25M | $175.89M | $196.52M | $185.42M | $223.86M | $248.46M | $186.66M | $186.47M | $203.51M | $173.94M | $176.95M | $173.21M | $118.43M | $146.13M | $159.57M | $144.26M |
| Low Forecast | $222.04M | $206.74M | $192.34M | $187.48M | $222.47M | $210.45M | $205.03M | $189.60M | $214.16M | $199.94M | $195.52M | $186.37M | $198.79M | $180.50M | $164.17M | $171.01M | $191.47M | $180.28M | $149.24M | $165.64M | $180.77M | $180.59M | $135.67M | $168.46M | $171.37M | $167.74M | $78.95M | $141.52M | $154.54M | $139.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.10% | - | 0.81% | 1.13% | 1.15% | - | 1.00% | 1.23% | 1.10% | - | 0.43% | 0.84% | 1.07% |
3 analysts predict NDSN's average Quarter EBITDA for Jan 24 to be $173.33M, with a high of $175.89M and a low of $171.01M. This is -20.40% lower than Nordson's previous annual EBITDA (Oct 23) of $217.76M.
Nordson Net Income Forecast
| Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 5 | 2 | 2 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 8 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $127.78M | $127.89M | - | $104.26M | $141.25M | $141.81M | - | $110.46M | $142.18M | $142.18M | - | $77.58M | $86.98M | $86.98M |
| Avg Forecast | $191.12M | $182.26M | $156.77M | $151.74M | $176.26M | $165.18M | $159.49M | $140.77M | $165.80M | $152.59M | $147.11M | $132.30M | $149.29M | $135.18M | $135.02M | $113.53M | $138.08M | $133.43M | $122.74M | $133.71M | $134.34M | $140.52M | $111.58M | $109.93M | $120.74M | $119.91M | $58.55M | $60.96M | $88.23M | $77.47M |
| High Forecast | $194.79M | $185.76M | $159.78M | $154.66M | $179.64M | $168.35M | $162.55M | $143.48M | $168.99M | $155.52M | $149.94M | $133.46M | $149.87M | $135.53M | $162.02M | $115.71M | $140.39M | $136.00M | $147.29M | $160.46M | $137.09M | $143.40M | $133.90M | $112.18M | $123.21M | $122.37M | $70.26M | $62.21M | $90.04M | $79.06M |
| Low Forecast | $187.80M | $179.09M | $154.04M | $149.11M | $173.20M | $162.31M | $156.72M | $138.33M | $162.92M | $149.94M | $144.55M | $130.55M | $148.72M | $134.84M | $108.01M | $111.56M | $134.63M | $131.12M | $98.19M | $106.97M | $131.50M | $137.55M | $89.27M | $107.61M | $118.18M | $117.37M | $46.84M | $59.67M | $86.36M | $75.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.96% | - | 0.78% | 1.05% | 1.01% | - | 1.00% | 1.18% | 1.19% | - | 1.27% | 0.99% | 1.12% |
Nordson's average Quarter net income forecast for Jan 24 is $113.53M, with a range of $111.56M to $115.71M. NDSN's average Quarter net income forecast represents a -11.15% decrease compared to the company's last Quarter net income of $127.78M (Oct 23).
Nordson SG&A Forecast
| Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 5 | 2 | 2 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 8 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $199.05M | $189.32M | - | $184.65M | $185.57M | $180.67M | - | $179.72M | $177.00M | $171.31M | - | $172.13M | $168.75M | $164.57M |
| Avg Forecast | $243.88M | $227.08M | $211.27M | $205.93M | $244.36M | $231.16M | $225.20M | $208.26M | $235.23M | $219.61M | $214.75M | $203.00M | $219.42M | $195.73M | $206.63M | $187.84M | $210.30M | $198.01M | $187.84M | $217.55M | $197.49M | $197.28M | $170.77M | $184.03M | $187.22M | $183.25M | $136.55M | $154.60M | $168.82M | $152.63M |
| High Forecast | $247.48M | $230.43M | $214.39M | $208.97M | $247.97M | $234.57M | $228.53M | $211.34M | $238.71M | $222.86M | $217.93M | $204.04M | $221.42M | $195.84M | $247.95M | $190.61M | $212.97M | $200.94M | $225.41M | $261.06M | $200.60M | $200.39M | $204.92M | $186.93M | $190.16M | $186.14M | $163.87M | $157.04M | $171.48M | $155.03M |
| Low Forecast | $240.62M | $224.05M | $208.44M | $203.18M | $241.10M | $228.07M | $222.20M | $205.48M | $232.09M | $216.68M | $211.89M | $201.97M | $215.43M | $195.61M | $165.30M | $185.33M | $207.50M | $195.37M | $150.27M | $174.04M | $194.27M | $194.07M | $136.61M | $181.03M | $184.17M | $180.27M | $109.24M | $152.08M | $166.07M | $150.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.96% | - | 0.85% | 0.94% | 0.92% | - | 0.98% | 0.95% | 0.93% | - | 1.11% | 1.00% | 1.08% |
Nordson's average Quarter SG&A projection for Jan 24 is $187.84M, based on 3 Wall Street analysts, with a range of $185.33M to $190.61M. The forecast indicates a -5.63% fall compared to NDSN last annual SG&A of $199.05M (Oct 23).
Nordson EPS Forecast
| Oct 27 | Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 5 | 2 | 2 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 8 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.24 | $2.24 | - | $1.82 | $2.47 | $2.47 | - | $1.90 | $2.45 | $2.14 | - | $0.32 | $1.51 | $1.60 |
| Avg Forecast | $3.32 | $3.16 | $2.72 | $2.63 | $3.06 | $2.87 | $2.77 | $2.44 | $2.88 | $2.65 | $2.55 | $2.30 | $2.59 | $2.35 | $2.31 | $1.97 | $2.40 | $2.32 | $2.12 | $1.97 | $2.33 | $2.44 | $2.29 | $1.91 | $2.10 | $2.08 | $1.64 | $1.06 | $1.53 | $1.34 |
| High Forecast | $3.38 | $3.22 | $2.77 | $2.68 | $3.12 | $2.92 | $2.82 | $2.49 | $2.93 | $2.70 | $2.60 | $2.32 | $2.60 | $2.35 | $2.31 | $2.01 | $2.44 | $2.36 | $2.16 | $2.01 | $2.38 | $2.49 | $2.34 | $1.95 | $2.14 | $2.12 | $1.68 | $1.08 | $1.56 | $1.37 |
| Low Forecast | $3.26 | $3.11 | $2.67 | $2.59 | $3.01 | $2.82 | $2.72 | $2.40 | $2.83 | $2.60 | $2.51 | $2.27 | $2.58 | $2.34 | $2.31 | $1.94 | $2.34 | $2.28 | $2.08 | $1.94 | $2.28 | $2.39 | $2.24 | $1.87 | $2.05 | $2.04 | $1.61 | $1.04 | $1.50 | $1.32 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.97% | - | 0.92% | 1.06% | 1.01% | - | 1.00% | 1.17% | 1.03% | - | 0.30% | 0.99% | 1.19% |
According to 3 Wall Street analysts, Nordson's projected average Quarter EPS for Jan 24 is $1.97, with a low estimate of $1.94 and a high estimate of $2.01. This represents a -12.05% decrease compared to NDSN previous annual EPS of $2.24 (Oct 23).
Nordson Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AOS | A. O. Smith | $71.41 | $86.50 | 21.13% | Buy |
| NDSN | Nordson | $249.86 | $273.67 | 9.53% | Hold |
| IEX | IDEX | $223.61 | $237.44 | 6.18% | Buy |
| FELE | Franklin Electric | $105.34 | $103.00 | -2.22% | Buy |
| DOV | Dover | $198.73 | $190.07 | -4.36% | Buy |
| EMR | Emerson Electric | $129.56 | $120.33 | -7.12% | Buy |
| PNR | Pentair | $104.75 | $95.88 | -8.47% | Buy |
| DCI | Donaldson Company | $75.26 | $68.25 | -9.31% | Hold |
| AME | AMETEK | $193.46 | $174.80 | -9.65% | Buy |
| ITW | Illinois Tool Works | $266.46 | $230.92 | -13.34% | Hold |
| FLS | Flowserve | $60.08 | $51.00 | -15.11% | Buy |
| PH | Parker-Hannifin | $689.76 | $546.07 | -20.83% | Buy |
| IR | Ingersoll Rand | $102.38 | $70.67 | -30.97% | Buy |
| ETN | Eaton | $363.69 | $243.05 | -33.17% | Buy |