Wells Fargo cuts target for Amrize stock to USD 40.00

Published on 10/09/2026 at 11:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 8.60 percent to USD 3.49 billion. Amrize stock was EUR 32.91 on October 9, 2026, versus EUR 32.57, up 1.04 percent.

Key points in brief

Wells Fargo lowered its Amrize target to USD 40.00 from USD 44.00 on October 5, 2026.
Second-quarter revenue rose 8.60 percent to USD 3.49 billion, while adjusted EBITDA increased 5.80 percent to USD 986.0 million.
Amrize stock was trading at EUR 32.91 at Lang & Schwarz on October 9, 2026, up 1.04 percent from EUR 32.57.
Amrize expects its third-quarter 2026 earnings conference call during the week of October 26, 2026.

Amrize, CH1430134226, Illustration mit AI erstellt.

Amrize stock (ISIN CH1430134226) was trading at EUR 32.91 at Lang & Schwarz on October 9, 2026 at 11:50 a.m. CEST, plus 1.04 percent versus the prior close of EUR 32.57. On October 5, 2026, Markets Insider reported that Wells Fargo cut its Amrize target to USD 40.00 from USD 44.00 while keeping an Equal Weight rating.

Wells Fargo resets the target

The Wells Fargo reduction represents a 9.09 percent cut to the prior USD 44.00 target. The firm cited second-half weakness, possible 2026 guidance cuts, public-spending risks and housing headwinds, making the target reset the latest clear test of Amrize's earnings resilience.

What does the target reset mean?

Amrize's second-quarter 2026 revenue increased 8.60 percent to USD 3.49 billion, while adjusted EBITDA rose 5.80 percent to USD 986.0 million, according to Yahoo Finance in its August 7, 2026 transcript. The same quarter produced USD 477.0 million of net income and diluted earnings per share of USD 0.86 in the standardized financial data.

The operating picture is therefore mixed rather than purely defensive. Management raised full-year 2026 revenue guidance to USD 12.5 billion-12.7 billion but revised adjusted EBITDA guidance to USD 3.1 billion-3.2 billion, with oil-driven freight, diesel and raw-material costs limiting the conversion of volume growth into profit.

Three dated signals for Amrize

On August 10, 2026, Amrize published its Q2 2026 half-year report for the quarter ended June 30, 2026. On October 2, 2026, Markets Insider reported that Citi lowered its target to USD 50.00 from USD 58.00 while retaining a Buy rating. On October 5, 2026, Wells Fargo followed with its USD 40.00 target.

Upcoming earnings date

Amrize's investor-relations calendar lists the Q3 2026 earnings conference call for the week of October 26, 2026. That date gives investors the next scheduled checkpoint for whether higher pricing can offset the cost pressure highlighted in the second-quarter outlook.

Amrize stock holds above prior close

On the NYSE, Amrize was last at USD 36.50 on October 8, 2026 at 4:00 p.m. ET, against a 52-week range of USD 35.78-65.94 and market capitalization of USD 20.2 billion. At Lang & Schwarz, the euro quote was trading at EUR 32.91 on October 9, 2026 at 11:50 a.m. CEST, plus 1.04 percent versus the EUR 32.57 prior close.

The further course of trading is shown by the continuously updated real-time quote of Amrize stock.