Nordson

NDSN · NASDAQ

$327.01+$3.13 (+0.97%)TodayMarket closed · Oct 20, 7:45 PM ET

Prev close $323.88

NDSN analyst rating

BuyConsensus of 6 analysts over the last 12 months. 67% rate it a buy.

Strong buy0
Buy4
Hold2
Underperform0
Sell0

12-month price target · 10 analysts

Average $357.16 (+9.2% upside)

Low: $287.96
Now: $327.01
High: $393.75

Upgrades and downgrades

The latest rating actions, newest first

NDSN analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
DA Davidson	Aug 24, 2026	Maintains	Buy	$345.00 → $375.00	72%
Oppenheimer	Aug 21, 2026	Maintains	Outperform	$335.00 → $370.00	68%
Baird	Aug 21, 2026	Maintains	Neutral	$328.00 → $351.00	57%
DA Davidson	Aug 20, 2026	Maintains	Buy	$345.00	72%
Keybanc	Aug 20, 2026	Maintains	Overweight	$335.00 → $360.00	21%
Oppenheimer	May 29, 2026	Maintains	Outperform	$325.00 → $335.00	68%
DA Davidson	May 27, 2026	Maintains	Buy	$335.00 → $345.00	72%
BNP Paribas	May 22, 2026	Maintains	Neutral	$285.00 → $290.00	58%
DA Davidson	May 21, 2026	Maintains	Buy	$335.00	72%
Oppenheimer	Feb 24, 2026	Maintains	Outperform	$285.00 → $325.00	68%

The case for and against

Updated Oct 14, 2026

Bull case

Nordson is attractive because its growth is being driven by broad-based strength across all three segments, with ATS standing out due to a 31% organic sales increase, record quarterly sales, and strong demand tied to semiconductor and AI-related buildouts. The company’s FY26 outlook was raised to $3.04B-$3.08B in sales and $11.80-$12.00 in adjusted EPS, supported by 35% Y/Y backlog growth, healthy order momentum, and a sound balance sheet with 1.7x net leverage. Its recurring aftermarket exposure, diversified end markets, and strong free cash flow conversion above 100% suggest durable earnings quality and room for buybacks or M&A.

Bear case

Nordson is viewed negatively because its short-cycle businesses and limited backlog visibility leave earnings vulnerable to abrupt swings in orders and revenue, making quarterly results harder to predict versus consensus. The ATS segment adds another layer of risk because it depends on major product launch cycles, AI and next-generation technology adoption, automotive builds, and customer capital spending, so any demand slowdown or project pushout can quickly pressure valuation. In addition, roughly 70% of sales occur outside the United States, leaving the company highly exposed to FX volatility, where a 1% currency move can translate into about a 2% to 2.5% EPS impact, while COVID-19-related supply chain and spending hesitance remain an overhang.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.