The Nordson Corp (NDSN) share price is expected to increase by 13.64% over the next year. This is based on calculating the average 12-month share price estimate provided by 12 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 12 Wall Street analysts have assignedNDSN 7 buy ratings, 5 hold ratings, and 0 sell ratings. This means that analysts expect Nordson Corp to buy. 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
$14.17B
In 2023, NDSN generated $2.63B in revenue, which was a increase of 1.48% 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 - Nordson Test & Inspection's SpinSAM Acoustic Microimaging system won the 2024 Global Technology Award for Test Equipment, recognized for its high throughput and sensitivity in defect detection.
Why It Matters - Nordson's SpinSAM AMI system winning the 2024 Global Technology Award highlights its competitive edge and innovation, potentially boosting market share and investor confidence.
Summary - Nordson has received a Global Technology award for its ASYMTEK Select Coat SL-1040 Conformal Coating System, designed for high-volume electronics manufacturing.
Why It Matters - Nordson's award highlights its innovation in conformal coating technology, signaling potential growth in high-volume electronics manufacturing and likely positive financial performance.
Summary - The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) rose 11.6% in Q3. Three alternative strategies tracked for 39 months show higher CAGR and dividend yields than NOBL.
Why It Matters - The ProShares S&P 500 Dividend Aristocrats ETF's strong Q3 performance highlights its appeal, while new strategies may offer higher returns and yields, potentially shifting investor interest.
Summary - Dividend Kings are companies that have increased their dividends for at least 50 consecutive years, indicating strong financial stability and commitment to returning value to shareholders.
Why It Matters - Dividend Kings indicate stable, reliable companies that can provide consistent income, attracting investors seeking long-term growth and lower risk in volatile markets.
Summary - Nordson (NDSN) has been upgraded to a Zacks Rank #2 (Buy), indicating increased confidence in its earnings outlook, which may lead to a rise in the stock price.
Why It Matters - Nordson's upgrade to a Zacks Rank #2 indicates positive earnings expectations, likely boosting investor sentiment and potentially increasing the stock's value.
Summary - Nordson EFD's PICO Nexฮผs jetting system has won a 2024 Edge Award from Machine Design in the Automation & IIOT category, highlighting its Smart Factory compatibility and Industry 4.0 features.
Why It Matters - Nordson EFD's PICO Nexฮผs jetting system recognition suggests strong innovation and market leadership, potentially enhancing revenue and investor confidence in the company's growth prospects.