Nordson (NDSN) Stock Forecast & Price Target

Nordson Corporation demonstrated resilient financial performance, with total sales increasing 1% year-over-year to $752 million and a robust growth rate of 17.4% in the Advanced Technology Solutions segment, driven by strong organic growth of 14.6%. For fiscal year 2026, Nordson expects revenue in the range of $2.83 billion to $2.95 billion, indicating a projected growth of 1% to 6% year-over-year and reflecting positive trends across its diverse end markets. Additionally, the company maintained a solid free cash flow conversion of over 100%, with a net leverage ratio of 2.1x, which enhances its balance sheet flexibility and supports future growth initiatives.

Nordson's financial outlook appears negative due to a reported organic revenue decline of 2.0% in its Industrial Precision Solutions segment, primarily influenced by weaker demand in polymer processing, which raises concerns over market conditions. Additionally, although net debt to TTM EBITDA improved slightly to 2.1x, the steady debt load and moderate backlog decline of approximately 5% sequentially may indicate challenges in sustaining revenue growth moving forward. Finally, the overall revenue performance of $351 million, which fell short of expectations, highlights potential difficulties in achieving consistent performance across its various product lines.