Wells Fargo cuts target for Stanley Black & Decker stock to USD 90.00
Published on 10/20/2026 at 14:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting dates
- Wells Fargo cut its target to USD 90.00 from USD 95.00 on October 16, 2026.
- Second-quarter revenue reached USD 3.96 billion for the period ended July 4, 2026.
- Stanley Black & Decker stock trades at EUR 81.10 at 2:06 p.m. CEST at Lang & Schwarz on October 20, 2026.
- Third-quarter results are scheduled for November 4, 2026, before the US market opens.
Stanley Black & Decker (ISIN US8545021011) stock is trading at EUR 81.10 at Lang & Schwarz on October 20, 2026, at 2:06 p.m. CEST. The latest analyst action came from Wells Fargo, which cut its target from USD 95.00 to USD 90.00 on October 16, 2026, according to MarketBeat.
Target cut meets earnings context
The Wells Fargo action followed a second quarter in which Stanley Black & Decker reported revenue of USD 3.96 billion for the period ended July 4, 2026. MarketBeat said adjusted earnings per share reached USD 1.57, above the USD 1.21 consensus estimate, while revenue was close to the USD 3.97 billion consensus.
The target reduction leaves a clear tension in the setup. Quarterly profitability exceeded expectations, but Wells Fargo maintained an Equal Weight rating and cited a more cautious view of the company earnings outlook in its October 16 note.
Three dates explain the setup
On July 29, 2026, Stanley Black & Decker reported second-quarter revenue of USD 3.96 billion and adjusted earnings per share of USD 1.57, according to MarketBeat. On October 16, 2026, Wells Fargo lowered its target to USD 90.00 from USD 95.00. On October 19, 2026, Stanley Black & Decker announced its outdoor equipment presence at Equip Expo through PR Newswire.
What dates matter next?
Equip Expo runs from October 21, 2026, through October 23, 2026, with DEWALT, Cub Cadet and Hustler products on display. The next earnings release is scheduled for November 4, 2026, before the market opens, followed by an earnings call at 8:00 a.m. ET, according to the company release carried on its investor site.
Product launches meet the margin test
The October 19 announcement highlighted DEWALT commercial handheld equipment, including a 60V MAX product portfolio, while Cub Cadet presented zero-turn mowers and Hustler featured its Surfer Series. Those launches give the Tools and Outdoor businesses a concrete product angle before the November results, but the next report will show whether the USD 1.57 adjusted earnings per share from the second quarter can be sustained.
Stock quote in euros
Stanley Black & Decker stock was trading at EUR 81.10 at Lang & Schwarz on October 20, 2026, at 2:06 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Stanley Black & Decker stock.
Stanley Black & Decker stock facts
- Company: Stanley Black & Decker, Inc.
- ISIN: US8545021011
- Ticker: SWK
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 2:06 p.m. CEST): EUR 81.10
- Market capitalization: USD 13.8 billion (as of October 19, 2026)
- 52-week range: USD 61.90-104.68 (as of October 16, 2026)
- Sector / Industry: Industrials / Industrial Machinery and Equipment
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
