Stanley Black & Decker, Inc.

(New York Stock Exchange)
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Slightly Bearish -20

Wells Fargo cuts target for Stanley Black & Decker stock to USD 90.00

Analyst downgrade Product launch AI-generated analysis

πŸ“‰ Wells Fargo cut its price target for Stanley Black & Decker from USD 95.00 to USD 90.00 on October 16, 2026.

πŸ“ˆ The company reported second-quarter revenue of USD 3.96 billion, nearly matching the USD 3.97 billion consensus estimate.

πŸ’° Adjusted earnings per share for the quarter reached USD 1.57, significantly above the USD 1.21 analyst consensus.

🏭 Wells Fargo maintained an Equal Weight rating while expressing caution regarding the future earnings outlook.

πŸš€ DEWALT launched a new 60V MAX product portfolio at Equip Expo to bolster its commercial handheld equipment line.

🚜 Cub Cadet showcased zero-turn mowers and Hustler presented its Surfer Series at the recent industry expo.

πŸ“… Third-quarter results are scheduled for release on November 4, 2026, before the US market opens.

πŸ’Ή The stock trades at EUR 81.10 with a market capitalization of USD 13.8 billion as of October 20, 2026.

Bullish Signals
  • Stanley Black & Decker reported second-quarter adjusted earnings per share of USD 1.57, which beat the consensus estimate of USD 1.21.
  • The company's second-quarter revenue of USD 3.96 billion was close to the analyst consensus of USD 3.97 billion.
  • Recent product launches at Equip Expo, including new DEWALT and Cub Cadet offerings, provide a concrete product angle ahead of Q3 results.
Risk Factors
  • Wells Fargo lowered its price target to USD 90.00 from USD 95.00 due to a more cautious view of the company's earnings outlook.
  • The analyst firm maintained an Equal Weight rating, indicating limited upside potential despite recent quarterly beats.
Full Analysis
Wells Fargo has lowered its price target for Stanley Black & Decker to USD 90.00 from USD 95.00, citing a more cautious outlook on the company's earnings despite recent solid performance. The bank maintained an Equal Weight rating, signaling that while current results are acceptable, future expectations have been tempered. Stanley Black & Decker reported second-quarter revenue of USD 3.96 billion for the period ended July 4, 2026, which was close to analyst consensus. Adjusted earnings per share reached USD 1.57, beating the USD 1.21 consensus estimate, demonstrating strong quarterly profitability. The company is preparing for its third-quarter results release scheduled for November 4, 2026. Recent product launches at Equip Expo, including new DEWALT commercial handheld equipment and Cub Cadet zero-turn mowers, aim to sustain the momentum seen in the second quarter.