Nordson Corporation (NDSN)
NASDAQ: NDSN · Real-Time Price · USD
250.31
-2.48 (-0.98%)
Oct 8, 2024, 4:00 PM EDT - Market closed
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 21.05% from the current stock price of 250.31.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '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 | +14.66% | Aug 23, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $315 → $295 | Strong Buy | Maintains | $315 → $295 | +17.85% | May 22, 2024 |
| Baird | Baird | Buy Maintains $303 → $272 | Buy | Maintains | $303 → $272 | +8.67% | May 22, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $290 → $315 | Strong Buy | Maintains | $290 → $315 | +25.84% | 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 4.08%
Revenue Next Year
2.99B
from 2.74B
Increased by 9.28%
EPS This Year
9.74
from 8.46
Increased by 15.12%
EPS Next Year
10.43
from 9.74
Increased by 7.06%
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% | 13.3% | 12.3% | ||
| Avg | 4.1% | 9.3% | 5.5% | ||
| Low | -0.6% | 3.9% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.09 | 11.11 | 12.53 | ||
| Avg | 9.74 | 10.43 | 11.51 | ||
| Low | 9.33 | 8.95 | 10.22 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.3% | 14.1% | 20.1% | ||
| Avg | 15.1% | 7.1% | 10.4% | ||
| Low | 10.3% | -8.1% | -2.0% |
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.