Nordson raised its fiscal 2026 revenue and adjusted earnings forecasts, making its solid third-quarter results a focus for investors. Attention is also turning to the scope for further acquisitions.
Following its third-quarter results, Nordson raised its fiscal 2026 revenue and adjusted earnings forecasts. This indicated stable order trends and solid execution despite continued caution among customers over large-scale capital spending.
Potential short-term drivers include strength in advanced technology and medical applications, which could offset a slower recovery in polymer processing and automotive-related markets. Meanwhile, rising SG&A and R&D expenses, along with reliance on acquisitions, remain key business risks.
The higher outlook is also linked to Nordson's acquisition strategy, signaling scope for future deals in addition to past acquisitions such as Atrion. Maintaining order momentum in the core business from the fourth quarter onward and avoiding delays in integration are considered important.
Current earnings are estimated at $528.10 million. Analyst consensus projects earnings of $726.70 million by 2029, while revenue is forecast to reach approximately $3.5 billion, implying annual growth of 6.9% through 2029.