Nordson Corporation (NDSN)
NASDAQ: NDSN · Real-Time Price · USD
263.62
+2.35 (0.90%)
At close: Nov 25, 2024, 4:00 PM
262.42
-1.20 (-0.46%)
After-hours: Nov 25, 2024, 6:28 PM EST
Nordson Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Nordson stock have an average target of 303, with a low estimate of 287 and a high estimate of 315. The average target predicts an increase of 14.94% from the current stock price of 263.62.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 23, 2024.
Analyst Ratings
The average analyst rating for Nordson stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $272 → $287 | Buy | Maintains | $272 → $287 | +8.87% | Aug 23, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $315 → $295 | Strong Buy | Maintains | $315 → $295 | +11.90% | May 22, 2024 |
| Baird | Baird | Buy Maintains $303 → $272 | Buy | Maintains | $303 → $272 | +3.18% | May 22, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $290 → $315 | Strong Buy | Maintains | $290 → $315 | +19.49% | Feb 27, 2024 |
| Keybanc | Keybanc | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Feb 26, 2024 |
Financial Forecast
Revenue This Year
2.74B
from 2.63B
Increased by 4.12%
Revenue Next Year
2.99B
from 2.74B
Increased by 9.32%
EPS This Year
9.75
from 8.46
Increased by 15.22%
EPS Next Year
10.62
from 9.75
Increased by 8.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.8B | 3.1B | 3.4B | ||
| Avg | 2.7B | 3.0B | 3.2B | ||
| Low | 2.6B | 2.8B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.6% | 13.2% | 12.2% | ||
| Avg | 4.1% | 9.3% | 5.3% | ||
| Low | -0.6% | 4.1% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.09 | 11.13 | 12.53 | ||
| Avg | 9.75 | 10.62 | 11.73 | ||
| Low | 9.33 | 9.95 | 10.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.3% | 14.2% | 18.0% | ||
| Avg | 15.2% | 8.9% | 10.5% | ||
| Low | 10.3% | 2.0% | 0.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.