Middleby (NASDAQ:MIDD) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Posted by Geri Gentry on Nov 9th, 2026

Middleby (NASDAQ:MIDD – Get Free Report) had its price target increased by stock analysts at JPMorgan Chase & Co. from $145.00 to $165.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 20.88% from the stock’s current price.

A number of other equities analysts have also recently commented on the company. Canaccord Genuity Group boosted their price target on Middleby from $152.00 to $160.00 and gave the stock a “buy” rating in a report on Friday. Seaport Research Partners set a $145.00 target price on Middleby in a research report on Wednesday, August 12th. Royal Bank Of Canada set a $147.00 target price on Middleby in a research note on Tuesday, September 15th. Zacks Research raised shares of Middleby from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. Finally, Barclays restated an “overweight” rating and issued a $145.00 price target (down from $155.00) on shares of Middleby in a research note on Thursday, August 13th. Six equities 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $161.75.

View Our Latest Stock Analysis on MIDD

Middleby Stock Performance

NASDAQ MIDD opened at $136.50 on Friday. The firm’s 50 day simple moving average is $111.38 and its 200 day simple moving average is $137.15. The firm has a market capitalization of $6.17 billion, a price-to-earnings ratio of 160.59 and a beta of 1.29. The company has a current ratio of 2.00, a quick ratio of 1.07 and a debt-to-equity ratio of 1.28. Middleby has a 1 year low of $102.14 and a 1 year high of $180.13.

Middleby (NASDAQ:MIDD – Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The industrial products company reported $2.07 EPS for the quarter, beating the consensus estimate of $1.75 by $0.32. The business had revenue of $652.58 million during the quarter, compared to the consensus estimate of $634.04 million. Middleby had a net margin of 1.24% and a return on equity of 19.42%. The company’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the business earned $2.37 earnings per share. 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, research analysts expect that Middleby will post 7.21 earnings per share for the current fiscal year.

Institutional Trading of Middleby

A number of hedge funds have recently made changes to their positions in MIDD. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Middleby during the second quarter worth about $27,000. Elevation Wealth Partners LLC increased its position in Middleby by 553.8% during the 2nd quarter. Elevation Wealth Partners LLC now owns 170 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 144 shares during the period. Allworth Financial LP acquired a new stake in Middleby during the 2nd quarter valued at approximately $37,000. IFP Advisors Inc raised its holdings in Middleby by 1,507.4% during the 3rd quarter. IFP Advisors Inc now owns 434 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 407 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in Middleby by 487.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 458 shares of the industrial products company’s stock worth $47,000 after purchasing an additional 380 shares during the last quarter. 98.55% of the stock is owned by institutional investors and hedge funds.

Middleby Company Profile

(Get Free Report)

Middleby Corporation develops and manufactures equipment for commercial kitchens, food-processing operations and residential kitchens. Its commercial foodservice products include ovens, ranges, fryers, refrigeration systems and food-preparation equipment used by restaurants and other foodservice operators.

The company also supplies industrial equipment to food manufacturers, including systems for cooking, mixing, forming and packaging food products. Its residential kitchen business offers premium appliances such as ranges, ovens, refrigerators and outdoor cooking products.

Middleby serves customers in markets around the world.