Q1 Earnings Forecast for Middleby Issued By Zacks Research

The Middleby Corporation (NASDAQ:MIDD) – Research analysts at Zacks Research issued their Q1 2026 earnings estimates for Middleby in a note issued to investors on Thursday, March 19th. Zacks Research analyst Team forecasts that the industrial products company will post earnings of $1.95 per share for the quarter. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Middleby’s current full-year earnings is $9.11 per share. Zacks Research also issued estimates for Middleby’s Q2 2026 earnings at $2.30 EPS, Q3 2026 earnings at $2.35 EPS, Q4 2026 earnings at $2.68 EPS, FY2026 earnings at $9.28 EPS, Q1 2027 earnings at $2.21 EPS, Q2 2027 earnings at $2.62 EPS, Q3 2027 earnings at $2.53 EPS, Q4 2027 earnings at $2.80 EPS and FY2027 earnings at $10.17 EPS.

Middleby (NASDAQ:MIDD) last released its quarterly earnings results on Thursday, February 26th. The industrial products company reported $2.14 earnings per share for the quarter, missing analysts’ consensus estimates of $2.27 by ($0.13). Middleby had a negative net margin of 7.44% and a positive return on equity of 14.57%. The firm had revenue of $334.59 million during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the business posted $2.88 earnings per share. The firm’s quarterly revenue was up 4.5% on a year-over-year basis. Middleby has set its FY 2026 guidance at 9.200-9.360 EPS and its Q1 2026 guidance at 1.900-2.020 EPS.

Several other equities analysts have also issued reports on MIDD. Wall Street Zen lowered shares of Middleby from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Robert W. Baird raised their price objective on Middleby from $159.00 to $197.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Weiss Ratings restated a “sell (d)” rating on shares of Middleby in a research note on Monday, December 29th. Canaccord Genuity Group set a $187.00 price target on Middleby and gave the company a “buy” rating in a research note on Tuesday, February 24th. Finally, JPMorgan Chase & Co. raised their price target on Middleby from $125.00 to $140.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $174.17.

Middleby Trading Down 3.0%

NASDAQ:MIDD opened at $135.81 on Monday. The stock has a market capitalization of $6.41 billion, a price-to-earnings ratio of -23.70 and a beta of 1.37. Middleby has a 52 week low of $110.82 and a 52 week high of $169.44. The company has a quick ratio of 1.92, a current ratio of 2.57 and a debt-to-equity ratio of 0.77. The firm has a 50 day moving average of $154.00 and a 200 day moving average of $141.07.

Hedge Funds Weigh In On Middleby

Several hedge funds and other institutional investors have recently bought and sold shares of MIDD. Torren Management LLC purchased a new position in Middleby during the 4th quarter worth approximately $25,000. Clearstead Advisors LLC boosted its holdings in shares of Middleby by 201.8% in the 4th quarter. Clearstead Advisors LLC now owns 166 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 111 shares during the last quarter. Larson Financial Group LLC increased its stake in shares of Middleby by 1,292.9% in the fourth quarter. Larson Financial Group LLC now owns 195 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 181 shares during the period. Danske Bank A S acquired a new stake in shares of Middleby in the third quarter worth $27,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Middleby during the second quarter worth $30,000. Institutional investors and hedge funds own 98.55% of the company’s stock.

Middleby News Summary

Here are the key news stories impacting Middleby this week:

• Positive Sentiment: Management unveiled a large, $3.3 billion restructuring intended to simplify the business, cut costs and accelerate margin improvement — a plan that could boost long‑term profitability if execution stays on track. MIDD’s $3.3B Restructuring: A Leaner Company Chasing a Higher Stock Price
• Positive Sentiment: Zacks’ research projections show rising EPS over the medium term (Zacks forecasts FY2027/FY2028 upside vs current consensus), suggesting analysts expect earnings recovery and possible accretion from the strategic moves. Zacks Research Forecasts Middleby FY2028 Earnings
• Neutral Sentiment: Zacks updated detailed quarterly cadence and maintains a “Hold” rating while issuing FY and multi‑quarter EPS estimates (Q1–Q4 cadence and FY2026–FY2027 figures). This provides investor visibility but no outright upgrade to investor sentiment.
• Negative Sentiment: The market reacted negatively to the company’s announcement around the food‑processing spin‑off and buyback details — investors appear concerned about execution risk, timing and whether the actions unlock enough shareholder value, driving near‑term selling pressure. Middleby (MIDD) Is Down 5.1% After Food Processing Spin-Off, Buyback Reveal Sharper Focus
• Negative Sentiment: Recent quarterly results showed an EPS miss (reported $2.14 vs. $2.27 expected) and mixed revenue figures, which combined with the strategic changes has increased short‑term uncertainty around execution and cash flow timing.

About Middleby

Middleby Corporation is a global manufacturer and distributor of commercial foodservice and food processing equipment. The company designs, engineers and markets a wide range of cooking, baking, refrigeration, warewashing, holding and dispensing solutions. Middleby’s products serve restaurants, hotels, convenience stores, institutional cafeterias, cruise ships and other foodservice operators.

The company’s portfolio spans multiple well-known brands, including Blodgett ovens, TurboChef rapid‐cook ovens, Southbend ranges and broilers, Pitco fryers, and Viking residential and commercial kitchen appliances.