Middleby (MIDD) News Today

The Middleby Corporation (NASDAQ:MIDD) shares are trading lower amid a wave of downward revisions, tepid guidance and a fresh technical outlook signaling limited upside potential. Key developments weighing on the stock today include:

• Positive Sentiment: Zacks reports Q2 earnings and sales beat estimates despite a slight year-over-year sales decline; acquisitions offset organic weakness and spin-off plans advance. Zacks Q2 Earnings Article
• Neutral Sentiment: Analyst Canaccord Genuity lowered its 12-month target price for MIDD from $186 to $162 but maintained a buy rating. Canaccord Target Price Article
• Neutral Sentiment: Seaport Res Ptn issued a Q2 2025 EPS forecast without material upside from prior outlooks, keeping the near-term picture mixed. American Banking News Forecast
• Negative Sentiment: Technical analysis warns MIDD may struggle to break out of its trading range, signaling potential prolonged consolidation. Benzinga Technical Analysis
• Negative Sentiment: FY 2025 EPS guidance was trimmed to $8.65–$9.05 vs. consensus of $9.475, and revenue guidance lowered to $3.8–$3.9 billion vs. $3.9 billion expected. MarketBeat FY Guidance
• Negative Sentiment: Q3 2025 EPS guidance cut to $2.04–$2.19 vs. consensus $2.293 and revenue to $950 million–$975 million vs. $970.7 million expected. MarketBeat Q3 Guidance
• Negative Sentiment: Seaport Res Ptn cut Q3 2025 EPS estimate to $2.06 from $2.22, highlighting further earnings pressure. MarketBeat Seaport Cuts Q3
• Negative Sentiment: Seaport Res Ptn also trimmed Q2 2025 EPS to $2.11 from $2.47 and Q1 2026 EPS to $1.92 from $2.14, reflecting broad downward revisions. MarketBeat Seaport Cuts Q2/Q1
• Negative Sentiment: Shares slid to a new 52-week low and tumbled further after a 9.4% drop, pressured by downbeat outlooks. MarketBeat Shares Down
• Negative Sentiment: JPMorgan cut its price target from $145 to $125 and moved to an underweight rating, signaling weaker near-term prospects. Benzinga JPMorgan Rating