Chip stocks fall with Nvidia after data center rev disappointment
Investing.com - Oppenheimer raised its price target on Nordson (NASDAQ:NDSN), currently trading at $227.17 with a market cap of $12.8 billion, to $275.00 from $260.00 on Monday, while maintaining an Outperform rating on the stock.
The firm noted that Nordson posted a moderate sales and operational beat, with implied fiscal fourth-quarter guidance capturing prior earnings per share estimates at the low end. According to InvestingPro data, the company maintains impressive gross profit margins of 54.6% and shows good overall financial health.
Oppenheimer expects Nordson’s Medical Fluid Solutions (MFS) segment to return to organic growth in the fiscal fourth quarter of 2025, following five consecutive down quarters that ranged from declines of 11% to 0.4% in the fiscal third quarter of 2025.
The research firm also anticipates that the Industrial Precision Solutions (IPS) segment should return to positive organic growth in the first quarter of fiscal 2026, with comparisons positioned favorably versus sequential trends, particularly for polymer processing.
Oppenheimer highlighted that IPS precision agriculture continued double-digit growth with demand improvement in core geographies including Europe and South America, while nonwovens strength continued alongside steady parts and consumables, which represent more than half of IPS business.
In other recent news, Nordson Corporation reported impressive earnings for the third quarter of 2025, surpassing forecasts with an earnings per share (EPS) of $2.73 compared to the expected $2.63. The company’s revenue also exceeded expectations, reaching $742 million against the anticipated $723.96 million. Following these results, DA Davidson reiterated its Buy rating on Nordson, maintaining a price target of $285.00, citing strong order entry and demand in key markets. Jefferies also adjusted its price target for Nordson stock to $240.00 from $230.00, maintaining a Hold rating, after observing stronger-than-expected operating performance and achievable fourth-quarter guidance.
KeyBanc reiterated its Overweight rating and set a $250.00 price target, highlighting robust results in Nordson’s Advanced Technology Systems (ATS) segment. DA Davidson noted that Nordson’s operational earnings exceeded their estimates by $0.12 per share. The firm expects operating margin improvements in the company’s MFS segment following a pending divestiture. These developments reflect positive investor sentiment and confidence in Nordson’s strategic direction.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.