MIDD Price Prediction Next Week
Analysis and Insights
Technical Analysis:
The Middleby Corporation (MIDD) stock is currently trading at $159.80 as of 2025-03-10. Based on the technical indicators:
- RSI (14-period): 47.73, indicating the stock is in a neutral zone but approaching oversold territory.
- MACD: The MACD line is slightly above the signal line, suggesting a weak bullish signal.
- Stochastic Oscillator: The %K line is below the %D line, indicating bearish momentum.
- Fibonacci Levels: The stock is currently testing the lower end of the Fibonacci range, with a pivot point at $167.13.
News and Sentiment Analysis:
Recent news highlights mixed analyst sentiment. KeyBanc and Canaccord Genuity have reaffirmed Buy ratings, while J.P. Morgan maintains a Sell rating. The company reported strong Q4 2024 results, with revenue of $1.01 billion and a net profit of $112.3 million, showing a 47.5% increase in net profit compared to the previous year.
Market Trends:
The stock market is experiencing volatility due to new tariffs, but MIDD is highlighted as a company with steady sales growth, making it a potential investment opportunity.
Price Prediction:
Based on the technical indicators and mixed analyst sentiment, the stock is expected to trade around $160 next week. The bearish technical indicators and mixed analyst ratings suggest a cautious outlook.
Recommendation:
Sell rating for the next trading week, as the stock may experience short-term downward pressure due to technical resistance and mixed analyst sentiment.
MIDD Similar Chart Price Prediction
The price of MIDD is predicted to go up 2.02%, based on the high correlation periods with GGZ. The similarity of these two price pattern on the periods is 95.58%.

MIDD

GGZ
MIDD Revenue Forecast
MIDD EPS Forecast
MIDD FAQs
What is MIDD revenue forecast for next quarter?
The market consensus for MIDD's revenue in the upcoming quarter is projected to be approximately $941.343M USD.
What is MIDD eps forecast for next quarter?
MIDD Analyst's Forecast
Brian McNamara
Canaccord Genuity
2025-02-26
Price Target
$192 → $200
Upside
+20.95%
Adam Seiden
Barclays
2025-02-26
Price Target
$160 → $180
Upside
+8.85%
Saree Boroditsky
Jefferies
2024-12-12
Price Target
$170 → $160
Upside
+13.41%