Jefferies upgraded Middleby Corp (MIDD) to Buy from Hold on December 9, 2025. The stock is currently priced at $144.74.
This upgrade reflects a more optimistic view on Middleby Corp's prospects, potentially signaling improved fundamentals or better-than-expected business performance. The company, headquartered in Elgin, Illinois, specializes in designing and manufacturing foodservice equipment across various segments, including Commercial Foodservice Equipment, Food Processing Equipment, and Residential Kitchen Equipment.
Middleby Corp has a market capitalization of $6.5 billion and a trailing twelve months (TTM) earnings per share (EPS) of -4.40. The company is scheduled to report its next earnings on August 4, 2026, with an EPS estimate of $2.46 and revenue estimate of $1.0 billion.
Analyst consensus for Middleby Corp indicates 4 Strong Buy, 7 Buy, and 5 Hold ratings, with no Sell or Strong Sell ratings, reflecting a general positive sentiment among analysts. Recent earnings performance shows a Q3 2025 EPS of $2.37, exceeding estimates by 12.2%. This update provides insight into the evolving analyst sentiment surrounding the company, emphasizing the importance of considering multiple factors in investment decisions.