Middleby (NASDAQ:MIDD) Releases FY 2026 Earnings Guidance

Middleby (NASDAQ:MIDD) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 9.200-9.360 for the period, compared to the consensus EPS estimate of 9.430. The company issued revenue guidance of $3.3 billion-$3.4 billion, compared to the consensus revenue estimate of $4.0 billion. Middleby also updated its Q1 2026 guidance to 1.900-2.020 EPS.

Analyst Upgrades and Downgrades

Several analysts have issued reports on MIDD shares. Wall Street Zen upgraded shares of Middleby from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Barclays set a $168.00 target price on Middleby and gave the company an “overweight” rating in a report on Tuesday, November 11th. KeyCorp reaffirmed an “overweight” rating on shares of Middleby in a research note on Friday, December 5th. Weiss Ratings reissued a “sell (d)” rating on shares of Middleby in a research note on Monday, December 29th. Finally, Canaccord Genuity Group set a $187.00 price target on shares of Middleby and gave the stock a “buy” rating in a report on Tuesday. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Middleby currently has an average rating of “Moderate Buy” and an average price target of $165.83.

Middleby Stock Up 5.8%

MIDD stock opened at $167.00 on Friday. The stock has a market capitalization of $8.41 billion, a P/E ratio of -37.95 and a beta of 1.40. The business has a fifty day moving average price of $154.54 and a 200-day moving average price of $139.16. Middleby has a 1-year low of $110.82 and a 1-year high of $168.85. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.10.

Middleby (NASDAQ:MIDD) last announced its earnings results on Thursday, February 26th. The industrial products company reported $2.42 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.15. The business had revenue of $866.43 million during the quarter, compared to analyst estimates of $1.01 billion. Middleby had a negative net margin of 5.22% and a positive return on equity of 14.66%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.88 EPS. Middleby has set its FY 2026 guidance at 9.200-9.360 EPS and its Q1 2026 guidance at 1.900-2.020 EPS. Equities analysts forecast that Middleby will post 9.11 earnings per share for the current fiscal year.

Insider Activity at Middleby

In related news, Director Robert A. Nerbonne acquired 780 shares of Middleby stock in a transaction dated Tuesday, December 9th. The stock was purchased at an average cost of $128.52 per share, for a total transaction of $100,245.60. Following the purchase, the director directly owned 21,471 shares of the company’s stock, valued at approximately $2,759,452.92. This trade represents a 3.77% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 6.18% of the stock is owned by insiders.

Trending Headlines about Middleby

Here are the key news stories impacting Middleby this week:

• Positive Sentiment: Q4 EPS beat — Middleby reported $2.42 EPS vs. consensus $2.27, topping estimates (helping show underlying profitability strength). Middleby (MIDD) Beats Q4 Earnings Estimates
• Positive Sentiment: Revenue and sales growth: net sales increased ~5% year-over-year in Q4, showing modest top‑line expansion even as consensus was missed. The Middleby Corp Net Sales Grow 5% in Q4
• Positive Sentiment: Corporate actions: management named leadership for the Food Processing Group ahead of an expected independent public separation in Q2 2026 — a potential value‑unlock / strategic positive. Middleby Names Mark Salman to Lead Food Processing Business as Chief Executive Officer; Mark Bowie Named Chief Operating Officer
• Positive Sentiment: Short interest dropped ~19% in February (to ~4.2% of float), reducing immediate short‑squeeze risk and indicating less bearish positioning.
• Neutral Sentiment: Full earnings materials published (call transcript and slide deck) — useful for investors wanting granularity on segment trends, margin drivers and settle‑out of one‑time items. The Middleby Corporation (MIDD) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Q4 revenue miss — Company reported $866.4M vs. consensus ~$1.01B, a sizable shortfall that pressured sentiment despite the EPS beat. Middleby (NASDAQ:MIDD) Reports Sales Below Analyst Estimates In Q4 CY2025 Earnings
• Negative Sentiment: Weaker guidance — Q1 revenue guide of $760M–$788M and FY revenue guide ~$3.3B–$3.4B are well below consensus (~$932M Q1 / ~$4.0B FY), and FY EPS guidance (9.20–9.36) is slightly below street expectations; this is the main driver of the down move. Middleby outlines $3.27B–$3.36B 2026 revenue target as portfolio optimization accelerates
• Negative Sentiment: Market reaction note — coverage highlights the stock edging down on the revenue miss and guidance despite the EPS beat, reflecting investor focus on top‑line visibility. Middleby stock edges down on revenue miss despite earnings beat

Institutional Investors Weigh In On Middleby

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Danske Bank A S purchased a new position in Middleby during the third quarter valued at approximately $27,000. Los Angeles Capital Management LLC purchased a new stake in shares of Middleby in the fourth quarter worth $35,000. Caitong International Asset Management Co. Ltd raised its position in shares of Middleby by 135.6% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 245 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 141 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Middleby by 280.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 327 shares of the industrial products company’s stock valued at $47,000 after buying an additional 241 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Middleby by 90.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 432 shares of the industrial products company’s stock worth $66,000 after buying an additional 205 shares during the period. 98.55% of the stock is owned by hedge funds and other institutional investors.

About Middleby

Middleby Corporation is a global manufacturer and distributor of commercial foodservice and food processing equipment. The company designs, engineers and markets a wide range of cooking, baking, refrigeration, warewashing, holding and dispensing solutions. Middleby’s products serve restaurants, hotels, convenience stores, institutional cafeterias, cruise ships and other foodservice operators.

The company’s portfolio spans multiple well-known brands, including Blodgett ovens, TurboChef rapid‐cook ovens, Southbend ranges and broilers, Pitco fryers, and Viking residential and commercial kitchen appliances.