The Middleby Corporation (MIDD)

NASDAQ: MIDD · Real-Time Price · USD
141.92
-0.83 (-0.58%)
At close: Apr 28, 2026, 4:00 PM EDT
141.86
-0.05 (-0.04%)
After-hours: Apr 28, 2026, 4:10 PM EDT
-0.58%
Market Cap 6.62B
Revenue (ttm) 3.20B
Net Income (ttm) -277.73M
Shares Out 46.62M
EPS (ttm) -5.32
PE Ratio n/a
Forward PE 15.27
Dividend n/a
Ex-Dividend Date n/a
Volume 467,547
Open 142.75
Previous Close 142.74
Day's Range 140.18 - 142.85
52-Week Range 110.82 - 169.44
Beta 1.42
Analysts Strong Buy
Price Target 180.13 (+26.93%)
Earnings Date May 8, 2026

About MIDD

The Middleby Corporation designs, manufactures, markets, distributes, and services of commercial restaurant and food processing equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mix... [Read more]

Sector Industrials
Founded 1888
Employees 8,826
Stock Exchange NASDAQ
Ticker Symbol MIDD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MIDD stock is "Strong Buy." The 12-month stock price target is $180.13, which is an increase of 26.93% from the latest price.

Price Target
$180.13
(26.93% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Middleby to Host Investor Day on May 12, 2026, Ahead of Business Separation

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced that it will host an Investor Day on Tuesday, May 12, 2026, in New York City. The event will mark a pivotal moment...

6 days ago - Business Wire

Middleby Names Amy Campbell as Chief Financial Officer of Food Processing Business

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (“Middleby”) (NASDAQ: MIDD), a global leader in the foodservice industry, today announced that Amy Campbell will serve as Chief Financial Officer...

27 days ago - Business Wire

Middleby Appoints Brittany Cerwin as Chief Financial Officer

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (“Middleby”) (NASDAQ: MIDD), a global leader in the foodservice industry, today announced the appointment of Brittany Cerwin as Chief Financial O...

4 weeks ago - Business Wire

Middleby Appoints Glenn Eisenberg To Board of Directors

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a global leader in the foodservice industry, today announced the appointment of Glenn Eisenberg to its Board of Directors, effect...

7 weeks ago - Business Wire

The Middleby Corporation Earnings Call Transcript: Q4 2025

Q4 results exceeded expectations with strong revenue and EBITDA, driven by Commercial Foodservice and Food Processing momentum. Aggressive share repurchases reduced share count by 9%, and the Food Processing spin-off is on track for Q2 2026. Tariff impacts are expected to be offset by pricing actions.

2 months ago - Transcripts

The Middleby Corporation Reports Fourth Quarter and Fiscal Year Results

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice and food processing industries, today reported net e...

2 months ago - Business Wire

Middleby Names Mark Salman to Lead Food Processing Business as Chief Executive Officer; Mark Bowie Named Chief Operating Officer

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a global leader in the foodservice industry, today announced that Mark Salman, currently President of the Middleby Food Processin...

2 months ago - Business Wire

Middleby Schedules Fourth Quarter Earnings Release and Conference Call

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2025 fourth quarter earnings on Thursday, February 26 at 7 a.m. Eastern Time. The company has scheduled a conference ...

2 months ago - Business Wire

Middleby Appoints Christopher Hix To Board of Directors

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a global leader in the foodservice industry, today announced the appointment of Christopher Hix to its Board of Directors, effect...

2 months ago - Business Wire

26North Completes Transaction for Majority Stake in Middleby's Residential Kitchen Unit and Rebrands the Business as Composition Brands

NEW YORK--(BUSINESS WIRE)--26North and Middleby announced affiliates of 26North completed an acquisition of a controlling interest in Middleby's Residential Kitchen business.

3 months ago - Business Wire

Middleby Announces Completion of Transaction to Sell 51% Stake in Residential Kitchen Business to 26North

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (“Middleby”) (NASDAQ: MIDD) today announced the completion of the previously announced transaction to sell a 51% stake in its Residential Kitchen...

3 months ago - Business Wire

The Middleby Corporation Transcript: M&A Announcement

A joint venture will see 26North acquire 51% of the residential business for $885M, with $540M in cash and a $135M note to be received. The deal enables portfolio optimization, higher margins, and share repurchases, with minimal expected dyssynergies and a focus on long-term value creation.

5 months ago - Transcripts

26North and The Middleby Corporation Agree to Form $885 Million Partnership for Residential Kitchen, a Leading Collection of Premium Cooking, Refrigeration and Outdoor Living Brands

NEW YORK--(BUSINESS WIRE)--26North and Middleby announced that affiliates of 26North have agreed to purchase a controlling interest in Middleby's Residential Kitchen business.

5 months ago - Business Wire

Middleby to Sell 51% Stake in Residential Kitchen Business to 26North in Transaction Valuing the Business at $885 Million

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (“Middleby”) (NASDAQ: MIDD) today announced entry into a definitive agreement under which it will sell a 51% stake in its Residential Kitchen bus...

5 months ago - Business Wire

Josh Harris's Firm Near Deal for Middleby Unit That Makes Viking Stoves

26North is set to own 51% of the kitchen-products division that houses a number of luxury cookware-equipment brands.

5 months ago - WSJ

The Middleby Corporation Earnings Call Transcript: Q3 2025

Q3 revenue, adjusted EBITDA, and EPS all exceeded guidance, driven by strong execution and strategic investments. A $709M non-cash impairment was recorded for Residential Kitchen amid a strategic review, while significant share repurchases reduced share count by 6.4%.

6 months ago - Transcripts

The Middleby Corporation Reports Third Quarter Results

ELGIN, Ill--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries,...

6 months ago - Business Wire

Middleby Schedules Third Quarter Earnings Release and Conference Call

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2025 third quarter earnings on Thursday, November 6, 2025 at 7 a.m. Eastern Time. The company has scheduled a confere...

6 months ago - Business Wire

Middleby Appoints Rebecca Ellin as Senior Vice President of Investor Strategy and Corporate Development

ELGIN, Ill.--(BUSINESS WIRE)--Middleby Appoints Rebecca Ellin as Senior Vice President of Investor Strategy and Corporate Development.

6 months ago - Business Wire

Middleby Acquires Oka-Spezialmaschinenfabrik GmbH & Co. KG

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment solutions for commercial foodservice, food processing, and residential kitchens, to...

9 months ago - Business Wire

Why Middleby Stock May Struggle To Break Out Anytime Soon

Middleby Corporation MIDD is currently navigating the critical Adhishthana Guna Triads stage under the Adhishthana framework, and the outlook is far from encouraging. The structure forming on the char...

9 months ago - Benzinga

The Middleby Corporation Earnings Call Transcript: Q2 2025

Sequential revenue growth was achieved across all segments, but year-over-year results remain pressured by tariffs and weak demand from large chain customers. Strategic investments and share repurchases reflect confidence in long-term growth, with a food processing spin-off planned for 2026.

9 months ago - Transcripts

The Middleby Corporation Reports Second Quarter Results

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries...

9 months ago - Business Wire

Middleby Acquires Frigomeccanica S.p.A

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries...

9 months ago - Business Wire

Middleby Schedules Second Quarter Earnings Release and Conference Call

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2025 second quarter earnings on Wednesday, August 6 at 7 a.m. Eastern Time. The company has scheduled a conference ca...

9 months ago - Business Wire