NDSN Price Prediction Next Week
Analysis and Insights
To predict the stock price of Nordson Corporation (NDSN) for the next trading week, we analyze both fundamental and technical factors, including recent news and technical indicators.
News and Fundamental Analysis:
Analyst Upgrades: NDSN received an upgrade from KeyBanc to "Overweight" with a price target of $260, reflecting confidence in the company's growth prospects. This upgrade suggests positive sentiment among analysts.
Dividend Announcement: NDSN declared a quarterly dividend of $0.78 per share, indicating stability and a commitment to returning value to shareholders.
Earnings and Revenue: While recent earnings showed a slight miss on revenue and EPS, the company highlighted an $85 million backlog increase, indicating potential future growth.
Technical Analysis:
Price Trends: NDSN closed at $214.99 on March 10, 2025, with a slight decline of 0.15% in pre-market trading. The stock has shown volatility but remains above its 200-day moving average, suggesting long-term bullish momentum.
Technical Indicators:
- RSI (14): 52.18, indicating a neutral position.
- MACD: Slightly negative, suggesting short-term bearish momentum.
- Fibonacci Levels: Resistance at $215.61 and support at $206.52.
Volume: Increased volume on the last trading day suggests heightened interest in the stock.
Price Prediction:
Based on the analysis, NDSN is expected to trade between $206.52 and $215.61 in the next trading week. The stock may face resistance at $215.61 and support at $206.52.
Buy or Sell Recommendation:
Given the mixed technical signals and positive analyst sentiment, it is recommended to hold or buy on dips near the support level of $206.52. The stock's long-term outlook remains positive, but short-term volatility should be monitored.
Graphical Components
NDSN Similar Chart Price Prediction
The price of NDSN is predicted to go up -0.12%, based on the high correlation periods with BRKR. The similarity of these two price pattern on the periods is 93.9%.
NDSN
BRKR
Down: -0.12%Similarity: 93.9%
NDSN Revenue Forecast
NDSN EPS Forecast
NDSN FAQs
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NDSN VS S&P500
Nordson is poised to benefit from innovation in its end markets, including autonomous vehicles, 5G, and 3D wafer stacking, as new technologies drive demand for its dispensing solutions.
Over half of Nordson's revenue is recurring, which helps mitigate the firm's exposure to cyclical end markets.
Nordson has a large installed base of equipment and strong share across a number of niche end markets.
NDSN Analyst's Forecast
Jeffrey Hammond
Keybanc
Hold → Buy
2025-03-04
Price Target
$260
Upside
+25.88%
KeyBanc upgraded Nordson to Overweight from Sector Weight with a $260 price target. The firm has been waiting for a better entry point, and with orders accelerating across the business, especially Electronics, it believes "now is an opportune time to step in." Nordson is positioned better versus prior cycles and the stock's current valuation "offers a rare entry point to one of the highest-quality names" in the sector, the analyst tells investors in a research note. KeyBanc believes that with the shares down 17% since reporting Q4 earnings, Nordson's risk/reward skews more positive.
Walt Liptak
Seaport Global
Hold → Strong Buy
2024-12-17
Price Target
$250
Upside
+11.6%
Michael Halloran
Baird
Buy → Hold
2024-12-13
Price Target
$294 → $237
Upside
+4.65%
