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Diebold Nixdorf Inc
(NYSE:DBD)
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Rating:60Neutral
Price Target:
$81.00
▼(-9.32% Downside)
Action:Reiterated
Date:08/06/26
DBD scores 60 primarily on a solid-but-not-yet-proven financial turnaround (positive earnings and strong operating/FCF generation, but thin margins, leverage, and volatility) and a constructive earnings call with reaffirmed guidance and strong backlog. These positives are tempered by weak near-term technical momentum and a valuation that looks only average for the current risk profile.
Positive Factors
Backlog and order momentum
An $814M backlog and the strongest first‑half order entry in four years provide durable revenue visibility across quarters. Large, multi‑unit orders convert over months and support the company’s full‑year guidance, reducing top‑line volatility and improving predictability in 2–6 month planning horizons.
Negative Factors
Elevated leverage and constrained balance sheet flexibility
With debt roughly equal to equity and net leverage reported near ~1.4x, financial flexibility is limited versus lower‑levered peers. Higher leverage increases refinancing and interest rate risk, constrains M&A or capex optionality, and reduces margin for error during demand slowdowns over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Backlog and order momentum
An $814M backlog and the strongest first‑half order entry in four years provide durable revenue visibility across quarters. Large, multi‑unit orders convert over months and support the company’s full‑year guidance, reducing top‑line volatility and improving predictability in 2–6 month planning horizons.
Read all positive factors
Diebold Nixdorf Inc Key Performance Indicators (KPIs)
Any
Operating Income by Segment
Reports profit after operating costs for each segment, showing which businesses actually convert sales into earnings. Highlights where cost control, scale, or restructuring are improving margins and where losses or low returns may require strategic change. For investors, segment-level operating income points to the sustainability and quality of reported profits.
Reports profit after operating costs for each segment, showing which businesses actually convert sales into earnings. Highlights where cost control, scale, or restructuring are improving margins and where losses or low returns may require strategic change. For investors, segment-level operating income points to the sustainability and quality of reported profits.
Data provided by:
The Fly
The FlyDiebold Nixdorf Inc (DBD) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.37B
Dividend YieldN/A
Average Volume (3M)292.89K
Price to Earnings (P/E)22.1
Beta (1Y)1.10
Revenue Growth5.44%
EPS GrowthN/A
CountryUS
Employees20,000
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)3.08
Shares Outstanding33,946,587
10 Day Avg. Volume223,360
30 Day Avg. Volume292,893
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)2.27
Price to Sales (P/S)0.66
P/FCF Ratio9.49
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$100.00Price Target Upside11.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)5.46
Revenue Forecast (FY)$3.89B
Diebold Nixdorf Inc Business Overview & Revenue Model
Company Description
Diebold Nixdorf, Incorporated focuses its efforts on modernizing global banking and retail interactions through comprehensive automation and digitalization. The company's operations are divided into two main areas: Banking and Retail. In the Banki...
How the Company Makes Money
Diebold Nixdorf primarily makes money by selling and supporting technology used in banking and retail operations, combining product revenue with recurring services and software revenue.
1) Product / systems revenue (hardware and integrated soluti...
Diebold Nixdorf Inc Earnings Call Summary
Earnings Call Date:Jul 29, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 05, 2026
Earnings Call Sentiment Positive
The call conveyed constructive commercial momentum (record order entry, growing backlog, strong retail growth, margin recoveries in product, improved service performance and operational productivity) alongside manageable near-term headwinds (memory cost pressure, inventory build reducing free cash flow, discrete tax payments and some timing shifts in banking deployments). Management reaffirmed full-year guidance and laid out concrete actions to mitigate cost and supply issues, signaling confidence in a stronger second half and material free cash flow improvement in Q4.Positive Updates
Order Momentum and Backlog
Order entry increased 3% year-over-year and 6% sequentially; first-half order entry was the highest in 4 years. Backlog grew sequentially to $814 million, providing visibility into the second half and supporting the full-year outlook.
Negative Updates
Memory Cost Headwind
Approximately $10 million of higher memory costs in the quarter (primarily impacting retail) created a headwind. Management noted memory pricing remains uncertain and took pricing, sourcing and inventory actions to mitigate the impact.
Read all updates
Q2-2026 Updates
Positive
Negative
Order Momentum and Backlog
Order entry increased 3% year-over-year and 6% sequentially; first-half order entry was the highest in 4 years. Backlog grew sequentially to $814 million, providing visibility into the second half and supporting the full-year outlook.
Read all positive updates
Company Guidance
Diebold Nixdorf reaffirmed 2026 guidance with full‑year revenue of $3.86–$3.94 billion, adjusted EBITDA of $510–$535 million, free cash flow of $255–$270 million (excluding approximately $50 million of higher‑than‑expected tax payments related to 2024–2025), and adjusted EPS of $5.25–$5.75 with an effective tax rate of 35–40% (higher in Q3 vs Q4); management expects product gross margins to be comparable with prior year and service gross margins to improve up to 50 basis points. Quarterly cadence guidance: Q3 revenue ~25% of full year at the midpoint, Q3 gross margin about 25% (flat sequentially excluding the tariff refund), and Q3 adjusted EBITDA ~24% of full year at the midpoint, with Q3 free cash flow expected similar to Q2 due to elevated inventory and restructuring/divestiture payments; management expects a strong Q4 cash flow rebound driven by $100–$120 million of inventory reductions, other working capital improvements and annual customer service prepayments. Guidance is supported by an $814 million product backlog, the highest first‑half order entry in four years, and a Q2 liquidity position of over $590 million (cash $282M + $310M revolver) with net leverage ~1.4x; the company repurchased ~752,000 shares for ~$60 million under its $200 million program (≈$57 million remaining).Diebold Nixdorf Inc Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
58
Neutral
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.87B | 3.81B | 3.75B | 3.76B | 3.46B | 3.91B |
| Gross Profit | 1.01B | 1.00B | 920.00M | 876.20M | 757.30M | 1.04B |
| EBITDA | 341.80M | 334.80M | 334.90M | 275.00M | -113.40M | 293.70M |
| Net Income | 111.20M | 94.60M | -16.50M | 1.38B | -581.40M | -78.80M |
Balance Sheet | ||||||
| Total Assets | 3.74B | 3.85B | 3.54B | 4.16B | 3.06B | 3.51B |
| Cash, Cash Equivalents and Short-Term Investments | 282.40M | 416.40M | 313.10M | 563.60M | 332.00M | 423.20M |
| Total Debt | 1.11B | 1.17B | 1.05B | 1.36B | 2.73B | 2.45B |
| Total Liabilities | 2.76B | 2.75B | 2.61B | 3.08B | 4.44B | 4.34B |
| Stockholders Equity | 969.20M | 1.10B | 929.80M | 1.06B | -1.38B | -845.10M |
Cash Flow | ||||||
| Free Cash Flow | 224.60M | 263.30M | 131.80M | -281.90M | -441.00M | 72.00M |
| Operating Cash Flow | 265.70M | 300.70M | 149.20M | -257.00M | -387.90M | 123.30M |
| Investing Cash Flow | -60.10M | -97.60M | -45.50M | -36.10M | -23.80M | -36.50M |
| Financing Cash Flow | -164.10M | -143.90M | -366.50M | 559.50M | 349.80M | -16.30M |
Diebold Nixdorf Inc Technical Analysis
Negative
89.33
Price Trends
80.10
Negative
79.93
Negative
75.21
Negative
Market Momentum
-3.61
Positive
36.60
Neutral
30.84
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DBD, the sentiment is Negative. The current price of 89.33 is above the 20-day moving average (MA) of 73.25, above the 50-day MA of 80.10, and above the 200-day MA of 75.21, indicating a bearish trend. The MACD of -3.61 indicates Positive momentum. The RSI at 36.60 is Neutral, neither overbought nor oversold. The STOCH value of 30.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DBD.
Diebold Nixdorf Inc Risk Analysis
Diebold Nixdorf Inc disclosed 40 risk factors in its most recent earnings report. Diebold Nixdorf Inc reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Diebold Nixdorf Inc Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $1.73B | 64.55 | 5.25% | ― | 8.10% | -73.21% | |
70 Outperform | $607.53M | -20.68 | -14.05% | ― | 11.85% | 47.54% | |
62 Neutral | $1.93B | 175.12 | 3.47% | ― | 23.05% | 1033.19% | |
62 Neutral | $3.43B | 17.61 | 49.22% | ― | 3.78% | 60.08% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | $2.37B | 22.12 | 10.59% | ― | 5.44% | ― | |
48 Neutral | $178.74M | -2.83 | 29.35% | ― | 0.35% | 29.79% |
* Technology Sector Average
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Diebold Nixdorf Inc Corporate Events
Executive/Board ChangesShareholder Meetings
Diebold Nixdorf Stockholders Reaffirm Board and Governance Practices
Positive
May 26, 2026
At its Annual Meeting of Stockholders held on May 22, 2026, Diebold Nixdorf stockholders elected all eight board nominees to one-year terms, affirming the current board composition and leadership. The voting results showed strong support for most ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.