Middleby (NASDAQ:MIDD) Releases Q4 2026 Earnings Guidance

Middleby (NASDAQ:MIDD) issued an update on its fourth quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.760-1.920 for the period, compared to the consensus earnings per share estimate of 1.790. The company issued revenue guidance of $621.0 million-$635.0 million, compared to the consensus revenue estimate of $631.1 million. Middleby also updated its FY 2026 guidance to 7.130-7.290 EPS.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on MIDD shares. Seaport Research Partners set a $145.00 price objective on shares of Middleby in a report on Wednesday, August 12th. KeyCorp set a $152.00 target price on shares of Middleby in a research note on Tuesday, July 14th. Oppenheimer reissued an “outperform” rating and set a $160.00 target price (down from $205.00) on shares of Middleby in a research report on Wednesday, August 12th. Royal Bank Of Canada set a $147.00 target price on Middleby in a research report on Tuesday, September 15th. Finally, Canaccord Genuity Group set a $152.00 price target on Middleby and gave the company a “buy” rating in a research note on Thursday, October 29th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $158.25.

Middleby Price Performance

NASDAQ MIDD traded up $2.57 on Thursday, reaching $130.12. The company’s stock had a trading volume of 779,298 shares, compared to its average volume of 610,753. The firm has a market cap of $5.88 billion, a PE ratio of -14.05 and a beta of 1.29. The business has a 50-day moving average price of $110.62 and a 200 day moving average price of $137.29. Middleby has a 52 week low of $102.14 and a 52 week high of $180.13. The company has a current ratio of 1.99, a quick ratio of 1.10 and a debt-to-equity ratio of 0.88.

Middleby (NASDAQ:MIDD) last posted its quarterly earnings results on Thursday, November 5th. The industrial products company reported $2.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.32. The firm had revenue of $652.58 million during the quarter, compared to analyst estimates of $634.04 million. Middleby had a negative net margin of 13.22% and a positive return on equity of 17.44%. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.37 earnings per share. Middleby has set its Q4 2026 guidance at 1.760-1.920 EPS and its FY 2026 guidance at 7.130-7.290 EPS. Sell-side analysts expect that Middleby will post 6.82 EPS for the current year.

Middleby Company Profile

The Middleby Corporation (NASDAQ: MIDD) designs, manufactures and sells commercial, residential and food processing equipment. Its commercial foodservice products include conveyor, deck, combi and convection ovens; ranges, fryers, steam-cooking equipment, refrigeration systems, ventilation products and kitchen automation technologies. These products are used by restaurants, hotels, institutional kitchens, convenience stores, supermarkets and other foodservice operators.

Middleby also offers equipment and appliances for residential kitchens, including cooking products, refrigeration, ventilation and outdoor cooking systems.