Nordson reported fiscal 2026 first-quarter results with record sales of $669 million, representing an 8.8% year-over-year increase. The company's earnings surpassed estimates, and management noted broad-based demand trends with particular strength in semiconductor-related products within its Advanced Technology Solutions segment. Nordson raised its full-year 2026 guidance following the results. The stock reached an all-time high of $300.82, driven by a 38.05% increase over the past year. Despite the earnings beat, the stock sold off after the announcement. DA Davidson reaffirmed a Buy rating with a $290 price target, while Baird adjusted its price target to $314 from $278 while maintaining a Neutral rating. Wall Street's average price target stands at $278.94, and analyst sentiment shows a consensus Hold rating. Valuation concerns and insider selling activity have been cited as weighing on the stock.
Read full analysisNordson reported fiscal 2026 first-quarter results with record sales of $669 million, representing an 8.8% year-over-year increase. The company's earnings surpassed estimates, and management noted broad-based demand trends with particular strength in semiconductor-related products within its Advanced Technology Solutions segment. Nordson raised its full-year 2026 guidance following the results. The stock reached an all-time high of $300.82, driven by a 38.05% increase over the past year. Despite the earnings beat, the stock sold off after the announcement. DA Davidson reaffirmed a Buy rating with a $290 price target, while Baird adjusted its price target to $314 from $278 while maintaining a Neutral rating. Wall Street's average price target stands at $278.94, and analyst sentiment shows a consensus Hold rating. Valuation concerns and insider selling activity have been cited as weighing on the stock.
Nordson is an industrial technology company that designs and manufactures precision dispensing, fluid management, and surface treatment equipment used in electronics, packaging, and medical applications. The company's Advanced Technology Solutions segment, which serves semiconductor customers, has been a key growth driver. The stock's recent all-time high and analyst price targets clustered below that level set the stage for today's post-earnings pullback.