Ferguson Enterprises stock faces a lower RBC price target
Published on 10/08/2026 at 06:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Ferguson Enterprises stock (ISIN US31488V1070) was last at USD 215.06 on the NYSE on October 7, 2026, down 3.70 percent from the prior close. Markets Insider reported that RBC Capital lowered its price target to USD 286 from USD 290 while retaining an Outperform rating on October 7, 2026.
RBC trims target before results
RBC reduced its estimate as it assessed higher rates and inflation across the building products group ahead of Ferguson's third-quarter report. The target of USD 286 stands 33.0 percent above the October 7 stock price, using the same USD currency.
The latest completed quarter provides the operating counterpoint. In the quarter ended June 30, 2026, revenue increased 4.6 percent to USD 8.75 billion, while adjusted diluted EPS rose 5.3 percent to USD 3.39, according to Financial Report Insights on September 25, 2026.
Nonresidential demand leads growth
Ferguson's Q2 performance was led by commercial and industrial customers rather than residential construction. US nonresidential sales rose 8 percent, compared with 2 percent for residential sales, while adjusted operating margin fell 0.1 percentage points to 10.7 percent.
The margin comparison matters because the prior-year period benefited from supplier price increases that temporarily lifted gross margin. Ferguson also raised its 2026 net sales outlook to mid-single-digit growth and lifted its capital expenditure guidance to USD 375 million to USD 425 million, according to Simply Wall St.
Consensus remains above market price
Gekko reported 11 Buy, 5 Hold and 0 Sell ratings among 16 firms, with an average 12-month target of USD 287.48. That consensus target stands 33.7 percent above the USD 215.06 stock price, while the published target range runs from USD 256 to USD 325.
Q3 report date is November 9
Ferguson is scheduled to report third-quarter 2026 results on November 9, 2026, according to Yahoo Finance. The next report will test whether nonresidential demand and acquisition growth can offset softer residential conditions.
Ferguson stock remains near yearly low
Ferguson Enterprises stock was last at USD 215.06 on the NYSE on October 7, 2026, with a 52-week range of USD 212.13 to USD 271.64 and market capitalization of USD 41.7 billion.
Ferguson Enterprises stock facts
- Company: Ferguson Enterprises Inc.
- ISIN: US31488V1070
- Ticker: FERG
- Trading venue: NYSE
- Price (as of October 7, 2026, 4:00 p.m. ET): USD 215.06
- Market capitalization: USD 41.7 billion (as of October 7, 2026)
- 52-week range: USD 212.13-271.64 (as of October 7, 2026)
- Sector / Industry: Industrials / Industrial Distribution
- Index membership: S&P 500
Upcoming dates for Ferguson Enterprises stock
- November 9, 2026: Q3 2026 earnings announcement
