Nordson Corporation (NDSN)
NASDAQ: NDSN · IEX Real-Time Price · USD
228.21
+0.53 (0.23%)
At close: Jul 2, 2024, 4:00 PM
227.00
-1.21 (-0.53%)
After-hours: Jul 2, 2024, 4:13 PM EDT
Nordson Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Nordson stock have an average target of 287.4, with a low estimate of 240 and a high estimate of 315. The average target predicts an increase of 25.94% from the current stock price of 228.21.
Analyst Consensus: Buy
* Price targets were last updated on May 22, 2024.
Analyst Ratings
The average analyst rating for Nordson stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 2 | 2 |
| Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Maintains $315 → $295 | Strong Buy | Maintains | $315 → $295 | +29.27% | May 22, 2024 |
| Baird | Baird | Buy Maintains $303 → $272 | Buy | Maintains | $303 → $272 | +19.19% | May 22, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $290 → $315 | Strong Buy | Maintains | $290 → $315 | +38.03% | Feb 27, 2024 |
| Keybanc | Keybanc | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Feb 26, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $290 → $315 | Buy | Maintains | $290 → $315 | +38.03% | Feb 23, 2024 |
Financial Forecast
Revenue This Year
2.71B
from 2.63B
Increased by 2.91%
Revenue Next Year
2.83B
from 2.71B
Increased by 4.66%
EPS This Year
9.70
from 8.46
Increased by 14.68%
EPS Next Year
10.65
from 9.70
Increased by 9.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.8B | 3.0B | 3.2B | 3.5B | 3.8B |
| Avg | 2.7B | 2.8B | 3.0B | 3.4B | 3.7B |
| Low | 2.6B | 2.7B | 2.8B | 3.3B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.4% | 10.0% | 13.4% | 15.6% | 11.1% |
| Avg | 2.9% | 4.7% | 6.6% | 12.3% | 7.9% |
| Low | -1.8% | -1.4% | -1.6% | 7.9% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.08 | 11.34 | 12.65 | 13.95 | 15.10 |
| Avg | 9.70 | 10.65 | 11.77 | 13.56 | 14.67 |
| Low | 9.21 | 9.89 | 10.61 | 13.02 | 14.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.1% | 16.9% | 18.8% | 18.6% | 11.4% |
| Avg | 14.7% | 9.8% | 10.4% | 15.2% | 8.2% |
| Low | 8.9% | 1.9% | -0.4% | 10.7% | 4.0% |
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.