Middleby Corp's stock rose by 4.04%, reaching a 20-day high amid a mixed market environment. The Nasdaq-100 is down 0.41%, while the S&P 500 is up 0.17%, indicating a divergence in sector performance.
This increase in Middleby Corp's stock price is attributed to sector rotation, as investors are shifting their focus towards companies in the food service equipment sector, which has shown resilience despite broader market fluctuations. The recent positive earnings reports from several companies in this sector have contributed to this trend.
The implications of this movement suggest that Middleby Corp may continue to benefit from this sector rotation, especially if the overall market remains volatile. Investors are likely to keep a close eye on upcoming earnings reports and market trends to gauge future performance.
Wall Street analysts forecast MIDD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MIDD is 163.60 USD with a low forecast of 125.00 USD and a high forecast of 175.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast MIDD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MIDD is 163.60 USD with a low forecast of 125.00 USD and a high forecast of 175.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
1 Hold
1 Sell
Moderate Buy
Current: 149.990
Low
125.00
Averages
163.60
High
175.00
Current: 149.990
Low
125.00
Averages
163.60
High
175.00
Jefferies
Saree Boroditsky
Hold
to
Buy
upgrade
$130 -> $175
2025-12-10
Reason
Jefferies
Saree Boroditsky
Price Target
$130 -> $175
AI Analysis
2025-12-10
upgrade
Hold
to
Buy
Reason
Jefferies analyst Saree Boroditsky upgraded Middleby to Buy from Hold with a price target of $175, up from $130. The firm says the "new" Middleby should compound earnings through a combination of low-single-digit organic growth, margin improvement, and share buybacks. Jefferies sees a "clear recovery" in commercial foodservice demand, which it believes should be a key catalyst to drive the stock higher.
Canaccord
Buy
maintain
$171 -> $175
2025-12-05
Reason
Canaccord
Price Target
$171 -> $175
2025-12-05
maintain
Buy
Reason
Canaccord raised the firm's price target on Middleby to $175 from $171 and keeps a Buy rating on the shares. The firm the company announced its entry into a definitive agreement to sell a 51% stake in its Residential Kitchen business to 26North in a transaction that values the segment at $885m. Middleby believes this transaction accelerates the growth of the "strongest residential platform of global luxury brands."
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Barclays
Overweight
downgrade
$180 -> $168
2025-11-11
Reason
Barclays
Price Target
$180 -> $168
2025-11-11
downgrade
Overweight
Reason
Barclays lowered the firm's price target on Middleby to $168 from $180 and keeps an Overweight rating on the shares post the Q3 report.
Canaccord
Buy
maintain
$175 -> $171
2025-11-07
Reason
Canaccord
Price Target
$175 -> $171
2025-11-07
maintain
Buy
Reason
Canaccord lowered the firm's price target on Middleby to $171 from $175 and keeps a Buy rating on the shares. The firm said they posted a solid beat and raise and noted the company also announced it is currently conducting a strategic review of its Residential Kitchen business, with a potential separation being evaluated.
About MIDD
The Middleby Corporation is a manufacturer of equipment for the commercial foodservice, residential kitchens and food processing industries. The Company’s segments include the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The Commercial Foodservice Equipment Group segment has a portfolio of foodservice equipment, which enables it to serve virtually any cooking, warming, holding, refrigeration, freezing and beverage application within a commercial kitchen or foodservice operation. The Food Processing Equipment Group segment offers a portfolio of processing solutions for customers producing protein products, such as bacon, salami, hot dogs, dinner sausages, poultry and lunchmeats and bakery products, such as cakes, muffins, cookies, crackers, pastries, bread and buns. The Residential Kitchen Equipment Group segment manufactures, sells and distributes premium kitchen equipment for the residential market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
