Wedbush Sticks to Its Buy Rating for Diebold Nixdorf Inc (DBD)

In a report released today, Antoine Legault from Wedbush reiterated a Buy rating on Diebold Nixdorf Inc, with a price target of $80.00.

TipRanks Black Friday Sale

• Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
• Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off

According to TipRanks, Legault is a 3-star analyst with an average return of 13.1% and an 83.33% success rate.

In addition to Wedbush, Diebold Nixdorf Inc also received a Buy from D.A. Davidson’s Matt Summerville in a report issued on November 6. However, on the same day, TR | OpenAI – 4o reiterated a Hold rating on Diebold Nixdorf Inc (NYSE: DBD).

Based on Diebold Nixdorf Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $945.2 million and a net profit of $41.1 million. In comparison, last year the company earned a revenue of $927.1 million and had a GAAP net loss of $22.4 million

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DBD in relation to earlier this year. Earlier this month, Millstreet Capital Management LLC, a Major Shareholder at DBD sold 251,726.00 shares for a total of $15,905,547.16.