The Middleby Corporation (MIDD)
| Market Cap | 5.86B -23.5% |
| Revenue (ttm) | 3.31B +12.1% |
| Net Income | -420.16M |
| EPS | -8.39 |
| Shares Out | 45.21M |
| PE Ratio | 17.65 |
| Forward PE | 16.80 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 439,088 |
| Open | 133.44 |
| Previous Close | 133.22 |
| Day's Range | 129.22 - 133.45 |
| 52-Week Range | 110.82 - 180.13 |
| Beta | 1.33 |
| Analysts | Buy |
| Price Target | 165.50 (+27.74%) |
| Earnings Date | Aug 5, 2026 |
About MIDD
The Middleby Corporation operates in the foodservice industry worldwide. The company develops and manufactures a line of solutions used in commercial foodservice and food processing. It offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers and refrig... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for MIDD stock is "Buy." The 12-month stock price target is $165.5, which is an increase of 27.74% from the latest price.
News
Middleby price target lowered to $155 from $190 at Barclays
Barclays lowered the firm’s price target on Middleby (MIDD) to $155 from $190 and keeps an Overweight rating on the shares. The firm adjusted targets in the machinery and construction…
Middleby price target lowered to $152 from $190 at KeyBanc
KeyBanc lowered the firm’s price target on Middleby (MIDD) to $152 from $190 and keeps an Overweight rating on the shares. Middleby should benefit from becoming a focused leader in…
Middleby price target lowered to $151 from $185 at JPMorgan
JPMorgan lowered the firm’s price target on Middleby (MIDD) to $151 from $185 and keeps a Neutral rating on the shares. The firm adjusted targets in the machinery and waste…
Middleby price target lowered to $160 from $195 at Jefferies
Jefferies lowered the firm’s price target on Middleby (MIDD) to $160 from $195 and keeps a Buy rating on the shares. Middleby has completed the separation of its Food Processing…
Midera Food initiated with a Neutral at Baird
Baird initiated coverage of Midera Food (MFP) with a Neutral rating and $40 price target after the recent spin out of Middleby (MIDD) as a pure-play food processing equipment manufacturer…
Middleby completes spin-off of Midera Food Processing
The Middleby (MIDD) Corporation completed the previously announced spin-off of its Food Processing business, now operating as Midera Food (MFP) Processing. Shares of Midera common stock will begin tra...
Midera Food Processing Completes Spin-Off, Begins Trading Tomorrow as Independent, Public Company
Leading global pure-play food processing technology platform with proven total line solutions, 30+ established brands and a differentiated growth strategy Mark Salman, CEO, and seasoned management tea...
Middleby Completes Spin-off of Midera Food Processing
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced that it has completed the previously announced spin-off of its Food Processing business, now operating as Midera F...
The Middleby Corporation Slides: Investor presentation
The Middleby Corporation has posted slides in relation to its latest quarterly earnings report, which was published on July 6, 2026.
Midera Food to replace Redwood Trust in S&P 600 at open on 7/8
Middleby (MIDD) is spinning off Midera Food Processing (MFP) in a transaction that is expected to close July 7. Redwood Trust (RWT) is no longer representative of the small cap…
Middleby announces Midera enters $1B credit agreement
The Middleby (MIDD) Corporation announced that in connection with the previously announced spin-off of its Food Processing business, Midera Food Processing, has entered into a five-year, $1B credit ag...
Middleby Announces that Midera Food Processing Enters into $1 Billion Credit Agreement
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced that in connection with the previously announced spin-off of its Food Processing business, Midera Food Processing,...
Middleby Board of Directors approves spin-off of Food Processing business
The Middleby (MIDD) Corporation announced that its Board of Directors has formally approved the previously announced spin-off of its Food Processing business, Midera Food Processing. “Midera is enteri...
Middleby Board of Directors Approves Spin-off of Midera Food Processing
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced that its Board of Directors (the “Board”) has formally approved the previously announced spin-off of its Food Proc...
Oppenheimer bullish on Middleby, initiates with an Outperform
Oppenheimer initiated coverage of Middleby (MIDD) with an Outperform rating and $205 price target Set to spin off its Food Processing on July 6th, the firm believes Middleby represents an…
Middleby initiated with an Outperform at Oppenheimer
Oppenheimer analyst Ian Zaffino initiated coverage of Middleby (MIDD) with an Outperform rating and $205 price target
The Middleby Corporation Transcript: AGM 2026
The meeting covered board elections, executive compensation, and auditor ratification, all of which passed by majority vote. Strategic updates included the spin-off of the food processing business, Midera, and a renewed focus on commercial food service innovation and growth.
Middleby targets 2025-2028 adjusted EPS CAGR 10%-15%
Middleby (MIDD) unveils its strategic roadmap as two independent, publicly traded companies at an Investor Day in New York City, positioning current Middleby shareholders to benefit from focused growt...
The Middleby Corporation Transcript: Investor Day 2026
The company has completed its transformation into a pure-play Commercial Foodservice leader, focusing on innovation, operational excellence, and a robust go-to-market strategy. Financial guidance targets 3%-6% organic revenue CAGR, 6%-9% EBITDA CAGR, and 10%-15% EPS CAGR over the next three years, with significant margin expansion and recurring revenue growth expected.
The Middleby Corporation Slides: FY 2026
The Middleby Corporation has posted slides in relation to its FY 2026 quarterly earnings report, which was published on May 12, 2026.
Middleby To Present Growth Strategy at 2026 Investor Day Ahead of Transformative Business Separation
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice and food processing industries, today unveils its st...
Middleby launches Midera Food Processing
The Middleby (MIDD) Corporation announced that its Food Processing business will operate under the name Midera Food Processing. “Over decades we built a global reputation as an industry leader deliver...
The Middleby Corporation Announces the Launch of Midera Food Processing
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (Nasdaq: MIDD) today announced that its Food Processing business will operate under the name Midera Food Processing, Inc. (Midera). The launch re...
Middleby price target raised to $205 from $197 at Baird
Baird raised the firm’s price target on Middleby (MIDD) to $205 from $197 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results with…
Middleby price target lowered to $200 from $203 at Canaccord
Canaccord lowered the firm’s price target on Middleby (MIDD) to $200 from $203 and keeps a Buy rating on the shares. The firm said they reported strong beat and raise…