Honeywell International Inc., US4385161066

Wells Fargo rates Honeywell stock Equal Weight at USD 231 target

Published on 10/01/2026 at 14:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 3.40 percent to USD 9.72 billion in second-quarter 2026. Honeywell stock was USD 210.94 versus USD 210.13 on September 30.

Photorealistic wide-angle view of a modern commercial aircraft glass cockpit interior showing multiple multifunction avionics displays with navigation and flight data, overhead switches panel, and blue sky horizon through windshield — Honeywell US4385161066 modernes Avionik Cockpit zeigt Glas Displays Schalter und Steuerknüppel im Flugzeug, Illustration mit AI erstellt.

Wells Fargo rated Honeywell stock Equal Weight and set a USD 231.00 price target in a coverage initiation dated September 25, 2026, according to MarketBeat. The target sits above the USD 210.94 Nasdaq price used for the latest primary-market context.

Wells Fargo sets a neutral benchmark

The Equal Weight rating places the new target below the broader analyst average. MarketBeat reported an average twelve-month target of USD 251.88 from 26 analysts, with 13 Buy, 12 Hold and 1 Sell rating. That split gives the stock a constructive headline consensus, while Wells Fargo's neutral stance sets a more cautious reference point.

The distance between the USD 231.00 Wells Fargo target and the USD 210.94 Nasdaq price is 9.50 percent above the price. The comparison matters because the average analyst target of USD 251.88 is higher still, leaving a wider gap between the consensus view and the latest market level.

Second-quarter numbers support the debate

Honeywell generated USD 9.72 billion in revenue in the second quarter of 2026, an increase of 3.40 percent from the same period a year earlier, according to MarketBeat. Earnings per share reached USD 1.95, compared with USD 1.80 consensus, putting the reported figure USD 0.15 above expectations.

Honeywell's own investor-relations page identifies the third-quarter 2026 earnings conference call for October 22, 2026. The next update therefore provides a defined test for the company's operating outlook and for the valuation gap between the USD 231.00 Wells Fargo target and the USD 251.88 analyst average.

Nasdaq range frames the valuation

Honeywell's market capitalization was USD 66.9 billion as of October 1, 2026. The Nasdaq 52-week range was USD 189.91 to USD 260.28, placing the latest USD 210.94 price closer to the lower end than the upper end of that span.

Primary-market price context

Honeywell was last at USD 210.94 on the Nasdaq on September 30, 2026 at 4:00 p.m. ET, versus a USD 210.13 prior close, a 0.39 percent increase. The company reports in USD and operates in industrial automation, building automation and energy and sustainability solutions.