The Cooper Companies, Inc.

(NASDAQ Global Select)
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Bearish -65

CooperCompanies stock falls as Q3 2026 miss and guidance cut weigh on outlook

AI-generated analysis

πŸ“‰ CooperCompanies Q3 2026 revenue of USD 1.07 billion missed Wall Street estimates of roughly USD 1.10 billion.

πŸ“‰ Management lowered fiscal 2026 adjusted EPS guidance to USD 4.51–4.55, down from a prior forecast of USD 4.58–4.66.

πŸ‘οΈ Revenue miss driven by CooperVision segment destocking, with Q4 organic growth expected between minus 2% and zero percent.

πŸ“‰ Stock price fell sharply to near USD 54 on Nasdaq following the earnings report and guidance cut.

πŸ“‰ Piper Sandler downgraded the stock from Overweight to Neutral and cut its target price from USD 86.00 to USD 59.00.

βš–οΈ A shareholder investigation was launched regarding the company's quarterly revenue shortfall and subsequent stock decline.

πŸ“‰ The company authorized a USD 3.00 billion share-repurchase program covering up to roughly 22.7% of outstanding shares.

Bullish Signals
  • CooperCompanies adjusted EPS of USD 1.15 per share came in modestly above analyst consensus expectations for Q3 2026.
  • The company authorized a substantial USD 3.00 billion share-repurchase program covering up to roughly 22.7% of outstanding shares.
Risk Factors
  • Fiscal Q3 2026 revenue of USD 1.07 billion missed expectations, triggering a double-digit share-price slide.
  • Management cut full-year fiscal 2026 adjusted earnings guidance to USD 4.51–4.55 per share from a prior forecast of USD 4.58–4.66.
  • CooperVision segment faces destocking pressure, with Q4 organic growth expected to range between minus 2% and zero percent.
  • Analyst Piper Sandler downgraded the stock from Overweight to Neutral and reduced its target price significantly.
  • A shareholder investigation was initiated following the revenue miss and subsequent decline in stock price.
Full Analysis
CooperCompanies reported fiscal Q3 2026 results that missed revenue expectations, with actual revenue of USD 1.07 billion falling short of the roughly USD 1.10 billion consensus estimate. Although adjusted earnings per share of USD 1.15 exceeded analyst expectations, the company significantly lowered its full-year outlook, reducing fiscal 2026 adjusted EPS guidance to a range of USD 4.51 to USD 4.55 from a prior forecast of USD 4.58 to USD 4.66. The revenue miss and guidance cut were primarily driven by softer demand in the CooperVision segment, specifically due to ongoing channel destocking in the United States. Management revised its full-year organic growth expectation for this key business unit to just 1% to 2%, down from more robust earlier projections, and warned that fourth-quarter organic growth could range between minus 2% and zero percent. Following the earnings announcement, CooperCompanies stock faced a sharp sell-off, trading near USD 54 on Nasdaq, well below its 52-week high. The negative sentiment was amplified by analyst downgrades, including Piper Sandler cutting its rating from Overweight to Neutral and reducing its target price, alongside a shareholder investigation into the company's performance.