On May 8, 2025, reputable analyst Mig Dobre from Baird announced an update in their coverage on Middleby (MIDD, Financial). The rating for Middleby has been maintained at "Outperform," demonstrating continued confidence in the company's performance.
However, the price target for Middleby (MIDD, Financial) has been adjusted. The former price target was set at 188.00 USD, but it has been lowered to 162.00 USD. This adjustment represents a decrease of approximately 13.83% in the target price.
The update reflects a revised market outlook while still affirming the potential of Middleby (MIDD, Financial) with an "Outperform" rating. Investors should consider this new price target as they evaluate their positions and strategies regarding Middleby (MIDD).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for The Middleby Corp (MIDD, Financial) is $178.00 with a high estimate of $205.00 and a low estimate of $160.00. The average target implies an upside of 35.23% from the current price of $131.63. More detailed estimate data can be found on the The Middleby Corp (MIDD) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, The Middleby Corp's (MIDD, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for The Middleby Corp (MIDD, Financial) in one year is $145.30, suggesting a upside of 10.39% from the current price of $131.63. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the The Middleby Corp (MIDD) Summary page.
