Middleby (NASDAQ:MIDD) Releases Q4 2026 Earnings Guidance

Middleby (NASDAQ:MIDD) updated its fourth quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.760-1.920 for the period, compared to the consensus earnings per share estimate of 1.790. The company issued revenue guidance of $621.0 million-$635.0 million, compared to the consensus revenue estimate of $631.1 million. Middleby also updated its FY 2026 guidance to 7.130-7.290 EPS.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on MIDD shares. Canaccord Genuity Group set a $152.00 price target on shares of Middleby and gave the company a “buy” rating in a report on Thursday, October 29th. Barclays reaffirmed an “overweight” rating and issued a $145.00 price objective (down from $155.00) on shares of Middleby in a research note on Thursday, August 13th. KeyCorp set a $152.00 price objective on shares of Middleby in a research report on Tuesday, July 14th. Seaport Research Partners set a $145.00 target price on shares of Middleby in a research note on Wednesday, August 12th. Finally, JPMorgan Chase & Co. cut their target price on shares of Middleby from $147.00 to $145.00 and set an “overweight” rating on the stock in a research note on Thursday, October 8th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $158.25.

Middleby Trading Up 2.0%

Shares of NASDAQ MIDD opened at $130.14 on Friday. The company has a current ratio of 1.99, a quick ratio of 1.10 and a debt-to-equity ratio of 0.88. Middleby has a one year low of $102.14 and a one year high of $180.13. The business has a 50-day moving average price of $110.92 and a two-hundred day moving average price of $137.19. The firm has a market capitalization of $5.88 billion, a PE ratio of -14.05 and a beta of 1.29.

Middleby (NASDAQ:MIDD) last issued its earnings results on Thursday, November 5th. The industrial products company reported $2.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.32. The company had revenue of $652.58 million for the quarter, compared to the consensus estimate of $634.04 million. Middleby had a positive return on equity of 17.44% and a negative net margin of 13.22%. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.37 EPS. Middleby has set its Q4 2026 guidance at 1.760-1.920 EPS and its FY 2026 guidance at 7.130-7.290 EPS. As a group, analysts predict that Middleby will post 6.82 earnings per share for the current fiscal year.

Middleby News Roundup

Here are the key news stories impacting Middleby this week:

• Positive Sentiment: Q3 adjusted earnings were $2.07 per share, ahead of the roughly $1.75 analyst consensus, while revenue of $652.6 million exceeded expectations of about $634 million and rose 7.7% year over year. The company also cited record quarterly sales, 10% growth in adjusted EBITDA, and results above the high end of its sales and EBITDA guidance. Middleby Q3 results
• Positive Sentiment: Middleby set 2026 EPS guidance at $7.13–$7.29, above the prior analyst consensus of $6.82, giving investors a stronger full-year earnings outlook. Revenue guidance is $2.5 billion, in line with consensus. Middleby 2026 guidance
• Neutral Sentiment: Steve Spittle, currently chief commercial officer, will succeed Tim FitzGerald as CEO on April 1, 2027. The scheduled transition offers continuity from within the company, though leadership changes can bring uncertainty. CEO succession announcement
• Negative Sentiment: Q3 EPS was below the $2.37 reported a year earlier. For Q4, EPS guidance of $1.76–$1.92 brackets the $1.79 consensus, but the revenue range of $621–$635 million has a midpoint slightly below analysts’ $631.1 million estimate. Quarterly earnings and outlook

Middleby Company Profile

The Middleby Corporation (NASDAQ: MIDD) designs, manufactures and sells commercial, residential and food processing equipment. Its commercial foodservice products include conveyor, deck, combi and convection ovens; ranges, fryers, steam-cooking equipment, refrigeration systems, ventilation products and kitchen automation technologies. These products are used by restaurants, hotels, institutional kitchens, convenience stores, supermarkets and other foodservice operators.

Middleby also offers equipment and appliances for residential kitchens, including cooking products, refrigeration, ventilation and outdoor cooking systems.