RBC cuts target for Owens Corning stock from USD 172.00 to USD 127.00

Published on 10/08/2026 at 16:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EPS reached USD 3.93 versus USD 3.09 expected. Owens Corning stock costs EUR 102.85 on October 8, 2026 after EUR 102.45, plus 0.39 percent.

Key points in brief

RBC Capital cut its Owens Corning price target from USD 172.00 to USD 127.00 on October 7, 2026.
Second-quarter 2026 adjusted earnings per share reached USD 3.93 versus USD 3.09 expected.
Owens Corning stock was at EUR 102.85 at Lang & Schwarz on October 8, 2026, plus 0.39 percent versus EUR 102.45.
Third-quarter 2026 revenue guidance is USD 2.6 billion to USD 2.7 billion, with an adjusted EBITDA margin of 20 percent to 22 percent.

OC, US6907421019, Illustration mit AI erstellt.

Owens Corning (ISIN US6907421019) was trading at EUR 102.85 at Lang & Schwarz on October 8, 2026 at 4:37 p.m. CEST, up 0.39 percent versus the prior close of EUR 102.45. According to Investing.com on October 7, 2026, RBC Capital downgraded the stock to Sector Perform from Outperform and cut its price target from USD 172.00 to USD 127.00.

Three dated milestones shape the case

On August 5, 2026, Owens Corning reported second-quarter revenue of USD 2.8 billion and adjusted EBITDA of USD 660 million, with a 24 percent margin. On September 17, 2026, the company declared a quarterly dividend of USD 0.79 per share payable on November 5, 2026. On October 7, 2026, RBC cut its target to USD 127.00 from USD 172.00 as roofing weakness drove its downgrade, according to Investing.com.

What does the downgrade mean for earnings?

RBC reduced its 2026 earnings-per-share estimate from USD 10.23 to USD 9.54 and its 2027 estimate from USD 12.20 to USD 10.16, according to Investing.com. The estimates put the roofing concern into numbers: the 2026 reduction is USD 0.69 per share, while the 2027 reduction is USD 2.04. The company still guided for third-quarter 2026 revenue of USD 2.6 billion to USD 2.7 billion and an adjusted EBITDA margin of 20 percent to 22 percent, figures reported in the Benzinga transcript.

Upcoming dates carry the next test

The next substantiated dates are October 19, 2026, the record date for the USD 0.79 dividend, and October 27, 2026, the expected next earnings date, according to Investing.com. That calendar keeps the upcoming report as the next company-specific checkpoint after the target cut.

The euro quote stays near its prior close

Owens Corning was trading at EUR 102.85 at Lang & Schwarz on October 8, 2026 at 4:37 p.m. CEST, plus 0.39 percent versus EUR 102.45 at the prior close. The primary listing is NYSE: OC, where the finance quote showed USD 115.36 on October 8, 2026 at 10:45 a.m. ET, with a 52-week range of USD 97.53 to USD 159.91 and market capitalization of USD 9.3 billion. The further course of trading is shown by the continuously updated real-time quote of Owens Corning stock.