The Nordson Corp (NDSN) share price is expected to increase by 6.39% over the next year. This is based on calculating the average 12-month share price estimate provided by 9 stock analysts who have covered NDSN. Price targets range from $255 at the low end to $295 at the high end. The current analyst consensus for NDSN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 9 Wall Street analysts have assignedNDSN 3 buy ratings, 6 hold ratings, and 0 sell ratings. This means that analysts expect Nordson Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NDSN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of NDSN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Michael Halloran Baird | Outperform | $287 | Maintains | Aug 23, 2024 |
Matthew Summerville DA Davidson | Buy | $295 | Maintains | May 22, 2024 |
Michael Halloran Baird | Outperform | $272 | Maintains | May 22, 2024 |
Matt Summerville DA Davidson | Buy | $315 | Maintains | Feb 27, 2024 |
Jeffrey Hammond Keybanc | Sector Weight | Downgrade | Feb 26, 2024 | |
Baird | Outperform | Maintains | Feb 23, 2024 | |
Allison Poliniak Cusic Wells Fargo | Overweight | $315 | Maintains | Feb 23, 2024 |
Saree Boroditsky Jefferies | Hold | $240 | Downgrade | Sep 26, 2023 |
Baird | Outperform | Maintains | Aug 23, 2023 | |
Allison Poliniak Cusic Wells Fargo | Overweight | $290 | Maintains | Jul 18, 2023 |
Jeffrey Hammond Keybanc | Overweight | $270 | Maintains | Jun 22, 2023 |
Michael Halloran Baird | Outperform | $251 | Maintains | May 24, 2023 |
Chris Dankert Loop Capital | Hold | $225 | Maintains | Mar 21, 2023 |
Michael Halloran Baird | Outperform | $241 | Maintains | Feb 22, 2023 |
Jeffrey Hammond Keybanc | Overweight | $255 | Upgrade | Feb 22, 2023 |
Michael Halloran Baird | Outperform | $259 | Maintains | Dec 16, 2022 |
Allison Poliniak Cusic Wells Fargo | Overweight | $270 | Maintains | Oct 24, 2022 |
Michael Halloran Baird | Outperform | $271 | Maintains | Aug 24, 2022 |
Matt Summerville DA Davidson | Buy | $270 | Maintains | Aug 23, 2022 |
Connor Lynagh Morgan Stanley | Equal-Weight | $250 | Maintains | Jun 9, 2022 |
When did it IPO
1990
Staff Count
7,700
Country
United States
Sector/Industry
Industrials/Specialty Industrial Machinery
CEO
Mr. Sundaram Nagarajan
Market Cap
$14.92B
In 2023, NDSN generated $2.63B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that NDSN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - The ProShares S&P 500 Dividend Aristocrat ETF (NOBL) has risen 10.26% year-to-date. Two alternative strategies have outperformed NOBL in CAGR over a 40-month tracking period.
Why It Matters - The outperformance of alternative strategies compared to the ProShares S&P 500 Dividend Aristocrat ETF (NOBL) suggests potential for higher returns, influencing investment decisions and portfolio allocations.
Summary - Nordson Corporation (Nasdaq: NDSN) released its 2024 ESG Update, detailing progress on climate targets and ESG initiatives, highlighting advancements in emissions reduction and clean energy strategies.
Why It Matters - Nordson's ESG update signals commitment to sustainability, potentially enhancing its reputation and attracting socially responsible investors, which can positively influence stock performance.
Summary - Nordson Corporation announced Maria Spangler as the new director of the Nordson Foundation and Community Relations, effective Dec. 2, 2024, succeeding Cecilia Render, who retires Dec. 31, 2024.
Why It Matters - Leadership transitions can impact a company's strategic direction and community engagement, influencing investor confidence and potential future performance.
Summary - Nordson Corporation (Nasdaq: NDSN) will release Q4 and FY 2024 earnings on December 11, 2024. A webcast is scheduled for December 12 at 8:30 AM ET.
Why It Matters - Nordson's upcoming earnings release and webcast date signal important financial insights, influencing stock performance and investment decisions based on quarterly results.
Summary - NDSN reports strong performance in its Industrial Precision Solutions unit and benefits from acquisitions and shareholder-friendly policies, though faces challenges in its Advanced Technology Solutions unit.
Why It Matters - NDSN's strong performance in Industrial Precision Solutions and shareholder-friendly actions may boost stock value, while weakness in Advanced Technology Solutions could pose risks.
Summary - Nordson Test & Inspection received the Prime Award at the Step-by-Step Excellence Awards for its SQ3000M2 Automated Optical Inspection system, recognized for superior performance in micro-electronics applications.
Why It Matters - Nordson's Prime Award for the SQ3000M2 enhances its market reputation, potentially boosting sales and attracting investment in its innovative technology for micro-electronics.