Nordson Corporation (NDSN)
NASDAQ: NDSN · IEX Real-Time Price · USD
274.54
+0.80 (0.29%)
Mar 28, 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 280.75, with a low estimate of 240 and a high estimate of 315. The average target predicts an increase of 2.26% from the current stock price of 274.54.

Analyst Consensus: Buy
Target Low Average Median High
Price $240 $280.75 $315 $315
Change -12.58% +2.26% +14.74% +14.74%
* Price targets were last updated on Feb 27, 2024.

Analyst Ratings

The average analyst rating for Nordson stock from 5 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000011
Buy 333322
Hold 222232
Sell 000000
Strong Sell 000000
Total 555565

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
DA Davidson
DA Davidson
Strong Buy
Maintains
$290$315
Strong Buy Maintains $290$315 +14.74% Feb 27, 2024
Keybanc
Keybanc
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Feb 26, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$290$315
Buy Maintains $290$315 +14.74% Feb 23, 2024
Jefferies
Jefferies
Hold
Downgrades
$260$240
Hold Downgrades $260$240 -12.58% Sep 26, 2023
Baird
Baird
Buy
Maintains
$251$253
Buy Maintains $251$253 -7.85% Aug 23, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
2.82B
from 2.63B
Increased by 7.36%
Revenue Next Year
2.97B
from 2.82B
Increased by 5.10%
EPS This Year
10.46
from 8.46
Increased by 23.68%
EPS Next Year
11.48
from 10.46
Increased by 9.73%
Year 201920202021202220232024202520262027
Revenue
2.19B2.12B2.36B2.59B2.63B2.82B2.97B3.14B3.72B
Revenue Growth
-2.68%-3.33%11.37%9.65%1.48%7.36%5.10%6.00%18.38%
EPS
5.794.277.748.818.4610.4611.4812.4913.13
EPS Growth
-9.53%-26.25%81.26%13.82%-3.97%23.68%9.73%8.78%5.11%
No. Analysts -----131363
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 2.9B 3.1B 3.3B 3.8B
Avg 2.8B 3.0B 3.1B 3.7B
Low 2.7B 2.8B 2.9B 3.6B

Revenue Growth

Revenue Growth 2024202520262027
High
11.1%
9.6%
11.8%
21.9%
Avg
7.4%
5.1%
6.0%
18.4%
Low
1.7%
-0.8%
-1.4%
13.7%

EPS Forecast

EPS 2024202520262027
High 10.92 12.18 13.39 13.51
Avg 10.46 11.48 12.49 13.13
Low 9.90 10.78 11.60 12.61

EPS Growth

EPS Growth 2024202520262027
High
29.1%
16.4%
16.6%
8.2%
Avg
23.7%
9.7%
8.8%
5.1%
Low
17.0%
3.0%
1.0%
1.0%
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.