Argus raises its target to USD 240.00 for Cintas stock

Published on 10/16/2026 at 10:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal first-quarter revenue reached USD 3.01 billion, up 10.9 percent. Cintas stock costs EUR 189.70 on October 16, 2026, with USD 84.60 billion market value.

Target and earnings context

Cintas lifted fiscal 2027 revenue guidance to USD 12.15 billion to USD 12.27 billion on September 23, 2026.
Fiscal first-quarter revenue reached USD 3.01 billion, up 10.9 percent year over year.
Cintas stock trades at EUR 189.70 at 10:13 a.m. CEST at Lang & Schwarz on October 16, 2026.
Argus raised its target from USD 230.00 to USD 240.00 on September 29, 2026.

Schwarzweiß-Reportage: Fahrer lädt Arbeitsuniformen in Lieferwagen bei Nacht — Cintas Corp. US1729081035 Dokumentarfoto zeigt Lieferfahrer beim frühmorgendlichen Beladen des Servicefahrzeugs mit gefalteter Berufskleidung, Illustration mit AI erstellt.

Cintas Corporation (ISIN US1729081059) had its Argus price target raised to USD 240.00 from USD 230.00 on September 29, 2026. Gekko.app reports the change, which followed Cintas' fiscal 2027 first-quarter results and leaves the target above the latest US closing price cited on the page.

Guidance rises with revenue

On September 23, 2026, Cintas reported fiscal 2027 first-quarter revenue of USD 3.01 billion, up 10.9 percent from USD 2.72 billion a year earlier. According to Cintas, organic revenue growth was 8.9 percent and operating income increased 15.2 percent to USD 711.9 million.

The company also raised fiscal 2027 revenue guidance from USD 12.10 billion to USD 12.25 billion to USD 12.15 billion to USD 12.27 billion. Adjusted diluted earnings-per-share guidance moved from USD 5.36 to USD 5.50 to USD 5.45 to USD 5.54, while the first-quarter adjusted figure rose 15.8 percent to USD 1.39. The release said the adjusted guidance excludes non-recurring UniFirst transaction costs.

Three dated milestones and figures

Gekko.app records fiscal fourth-quarter revenue of USD 2.91 billion on July 15, 2026, fiscal first-quarter revenue of USD 3.01 billion on September 23, 2026, and the Argus target increase from USD 230.00 to USD 240.00 on September 29, 2026.

What does the target imply?

Argus' USD 240.00 target stood 12.64 percent above the USD 213.06 US closing price cited for October 15, 2026. That gap frames the analyst view as a valuation comparison rather than a new operating forecast, while Cintas' reported 23.6 percent operating margin and 51.5 percent gross margin show the earnings basis behind the discussion.

Upcoming dates carry the next test

Gekko.app lists the annual shareholder meeting for October 27, 2026, and the next earnings report for December 17, 2026. The latter is scheduled to cover the second quarter of fiscal 2027, with consensus revenue of USD 3.03 billion and earnings per share of USD 1.36.

Euro quote stays central

Cintas stock was trading at EUR 189.70 at Lang & Schwarz on October 16, 2026 at 10:13 a.m. CEST. The US listing is on the Nasdaq under ticker CTAS, and the company is a component of the S&P 500 and Nasdaq-100 indexes.

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