--- canonical_url: https://www.stockexpertai.com/earnings/ndsn last_updated: 2026-05-09T15:01:25.985Z --- # Nordson Corporation (NDSN) Q4 FY2026 Earnings Preview > **[stale-preview-note]** Note: this preview was published before the 2026-05-20 earnings report. Results have since been released — verify against the latest filings. > This content was automatically generated with FMP live data + Q1 FY2026 earnings call transcript. Generated: 2026-05-09T15:01:25.569Z. Educational tool, not investment advice. --- ## Quick Summary | Field | Value | Source | |---|---|---| | Price | $283.53 (▼ -0.21%) | fmp:quote | | Market Cap | $15.8B | fmp:profile | | 52w range | $191.99 – $305.28 | fmp:quote | | Earnings | Wed 20 May | fmp:earnings-history | | EPS estimate | $2.79 (+15% YoY) | fmp:earnings-estimate | | Revenue estimate | $728.8M | fmp:earnings-estimate | | Beat streak | 0/4 | fmp:earnings-history | | Rating | A- (overall 4/5) | fmp:ratings | | Analyst median target | $320 (+12.7% upside) | fmp:price-target-consensus | | MoonshotScore | 47/100 | derived | | Council | 3/6 bullish | derived | | Munger verdict | Fairly Valued | derived | ## Nordson Corporation — Q4 FY2026 Expectations Q4 consensus: revenue $728.8M^{[FMP est]}, EPS $2.79^{[FMP est]}. 0 consecutive quarters of beat^{[FMP earnings]}. ## Quick Take **Score:** A- · **Stance:** HOLD · **Council:** 3/6 · **Moonshot:** 47 = MoonshotScore 47^{[9-pillar formula]} + Council 3/6^{[6-lens rule]}. Form 4: 0 transactions^{[FMP Form 4]}. ## Watchlist (6 metrics) ### 1. Fy26 Sales Guidance Increase Based on a strong start to the year, Nordson is increasing its full year sales guidance for fiscal year 2026 to a range of $2.860 billion to $2.980 billion. > "Based on strong start to the year, the second quarter outlook and the current foreign exchange rate environment, we are increasing our full year guidance as noted on Slide 14. Sales are now expected in the range of $2.860 billion to $2.980 billion, which is an increase of 4.5% at the midpoint." > — Sundaram Nagarajan, CEO, Expectation / Guide · Q1 FY2026 ### 2. Fy26 Eps Guidance Increase Nordson is increasing its adjusted earnings per share guidance to a range of $11 to $11.60, which is an increase of 10% at the midpoint. > "Adjusted earnings will be in the range of $11 to $11.60 per diluted share, which is an increase of 10% at the midpoint." > — Sundaram Nagarajan, CEO, Expectation / Guide · Q1 FY2026 ### 3. Ats Segment Growth Growth in the ATS segment exceeded 20% compared to the prior year due to momentum in the semiconductor end market. > "Organic growth was broad-based across our segments with notable strength in our ATS segment, which grew over 20% compared to prior year due to momentum in the semiconductor end market." > — Sundaram Nagarajan, CEO, Investor Focus · Q1 FY2026 ### 4. Semiconductor Growth Drivers Semiconductor applications account for approximately 50% of revenue in the ATS segment and drove the overall double-digit organic growth in the first quarter. > "Semiconductor applications account for approximately 50% of revenue in the ATS segment and drove the overall double-digit organic growth in the first quarter." > — Sundaram Nagarajan, CEO, Investor Focus · Q1 FY2026 ### 5. Free Cash Flow Nordson's free cash flow was $123 million, with consistent cash flow conversion over 100% of net income during the quarter. > "I would also like to highlight our free cash flow of $123 million and consistent cash flow conversion over 100% of net income during the quarter." > — Sundaram Nagarajan, CEO, Investor Focus · Q1 FY2026 ### 6. Record Q1 Sales Nordson achieved a record first quarter sales of $669 million, representing a 9% increase over the prior year. > "We entered 2026 optimistic about end market demand trends, and we achieved a record first quarter sales of $669 million. This is a 9% increase over the prior year and reflects 7% overall organic growth." > — Sundaram Nagarajan, CEO, Investor Focus · Q1 FY2026 ## MoonshotScore Pillars | Pillar | Score | Level | Evidence | |---|---|---|---| | Revenue Growth | 0.0 | weak | Q1 vs Q2: growth negative (-2.0%, contraction) | | Gross Margin | 5.0 | medium | Q1: high margin (54.7%) | | Operating Leverage | 2.0 | weak | op margin healthy (24.9%) | | Cash Runway | 10.0 | strong | FCF very strong ($0.1B, 7.0× CapEx) | | R&D Intensity | 3.0 | weak | low R&D investment (0.0%, weak innovation) | | Price Momentum | 7.0 | strong | RSI 54.7 balanced, 50d above | | News Sentiment | 6.0 | medium | majority buy (56%) | **Formula:** sum(pillar.score) / (count * 10) * 100. Each pillar deterministic from FMP. Source maps in pillar.formula. ## Council (7-Lens) | Name | Stance | Context | |---|---|---| | Ray Dalio | bull | macro · target upside +12.7% | | Ken Griffin | bull | flow · 50d MA above | | Jim Simons | neutral | quant · RSI 55 | | Klarman | neutral | value · target upside +12.7% | | Buffett | bull | quality · ROE score 5/5 | | Munger | neutral | valuation · target upside +12.7% | **Formula:** Each lens uses deterministic rule on bundle data. Logged in member.contextTr. ## Munger Lens - **Verdict:** Fairly Valued - **Financial Health:** Strong - **Margin of Safety:** Moderate - **Interest Coverage:** Adequate - **ROIC vs WACC:** Healthy **Formula:** verdict=upside>25?Undervalued:>0?Fairly Valued:Overvalued. Each lens deterministic from FMP ratings + priceTarget. ## Technical Levels - **RSI(14):** 54.7 — dengeli — yön sinyali zayıf - **50d MA:** $276 — hisse %2.8 üstünde — kısa vadeli destek - **200d MA:** $250 — hisse %13.5 üstünde — uzun vadeli destek - **Volume (10d):** +37% ## Past Performance (4 Quarters) | Quarter | EPS Actual | EPS Estimate | Result | Reaction | |---|---|---|---|---| | Q2 FY25 | $2.42 | $2.36 | BEAT | +6.8% | | Q3 FY25 | $2.73 | $2.64 | BEAT | +3.0% | | Q4 FY25 | $3.03 | $2.93 | BEAT | -0.8% | | Q1 FY26 | $2.37 | $2.37 | +0.0% EPS | -1.8% | Q1 (February 19, 2026): EPS $2.37 vs $2.37 est^[FMP], +0.0% beat. D+1 movement: -1.8%^{[FMP D+1]}. Decline despite beat — market reacted to guidance, not numbers. ## 3 Scenarios ### Scenario A · Beat **Q4 EPS > $2.79 + CapEx discipline** Threshold: EPS > $2.79^{[FMP est]}. Target: Break above median target $320^{[FMP target]}; high target $335^[FMP] upper bound. ### Scenario B · In-Line **EPS ≈ $2.79 + CapEx < $17.5M** Threshold: EPS ≈ $2.79^{[FMP est]}, Q4 CapEx < $17.5M^[FMP]. Target: Consolidation in the band between current $284^[FMP] and median $320^[FMP]. ### Scenario C · Miss **EPS < $2.71 or CapEx ≥ $17.5M** Threshold: EPS < $2.71^{[FMP est×0.97]}. Target: Current $284 below SMA200 $250^[FMP], if rejection continues, $212^[derived] support activates. ## Risk Notes ### Primary segment below threshold Q1: EPS $2.37 vs $2.37 beat^[FMP], stock -1.8% D+1^[FMP]. ### Backlog concentration No RPO/backlog concentration disclosed in Q1 earnings call. ### Insider trading Form 4 data is marked in the table — this page does not generate assumptions for this stock. | Executive | Action | Amount | Date | |---|---|---|---| **Net:** — (0 transactions · 0 sells · 0 buys) · Q1 FY26 ### CapEx shock Q1 CapEx $17.5M^{[FMP cashflow]}. Q1 op margin 24.9%^{[FMP op margin]} — this level in Q4 is sensitive to CapEx revision risk. ## Wall Street Consensus - **Median target:** $320 (+12.7% upside vs current $284) - **High / Low:** $335 / $270 - **Buy / Hold / Sell:** 5 / 4 / 0 - **Analyst count:** 5 (last quarter), 23 all-time ## Additional Transcript Insights ### 1. record_q1_sales **Claim:** Nordson achieved a record first quarter sales of $669 million, representing a 9% increase over the prior year. **Evidence (transcript):** "We entered 2026 optimistic about end market demand trends, and we achieved a record first quarter sales of $669 million. This is a 9% increase over the prior year and reflects 7% overall organic growth." **Numbers:** $669 million, 9%, 7% ### 2. ats_segment_growth **Claim:** Growth in the ATS segment exceeded 20% compared to the prior year due to momentum in the semiconductor end market. **Evidence (transcript):** "Organic growth was broad-based across our segments with notable strength in our ATS segment, which grew over 20% compared to prior year due to momentum in the semiconductor end market." **Numbers:** 20% ### 3. free_cash_flow **Claim:** Nordson's free cash flow was $123 million, with consistent cash flow conversion over 100% of net income during the quarter. **Evidence (transcript):** "I would also like to highlight our free cash flow of $123 million and consistent cash flow conversion over 100% of net income during the quarter." **Numbers:** $123 million, 100% ### 4. fy26_sales_guidance_increase **Claim:** Based on a strong start to the year, Nordson is increasing its full year sales guidance for fiscal year 2026 to a range of $2.860 billion to $2.980 billion. **Evidence (transcript):** "Based on strong start to the year, the second quarter outlook and the current foreign exchange rate environment, we are increasing our full year guidance as noted on Slide 14. Sales are now expected in the range of $2.860 billion to $2.980 billion, which is an increase of 4.5% at the midpoint." **Numbers:** $2.860 billion, $2.980 billion, 4.5% ### 5. fy26_eps_guidance_increase **Claim:** Nordson is increasing its adjusted earnings per share guidance to a range of $11 to $11.60, which is an increase of 10% at the midpoint. **Evidence (transcript):** "Adjusted earnings will be in the range of $11 to $11.60 per diluted share, which is an increase of 10% at the midpoint." **Numbers:** $11, $11.60, 10% ### 6. semiconductor_growth_drivers **Claim:** Semiconductor applications account for approximately 50% of revenue in the ATS segment and drove the overall double-digit organic growth in the first quarter. **Evidence (transcript):** "Semiconductor applications account for approximately 50% of revenue in the ATS segment and drove the overall double-digit organic growth in the first quarter." **Numbers:** 50% --- *Data source: FMP (live query, 2026-05-09), Q1 FY2026 earnings call transcript (Translated to EN with Gemini 2.0 Flash). Educational tool, not investment advice.*