Carlyle Secured Lending stock absorbs Wells Fargo target cut after Q2 earnings miss

Published on 10/06/2026 at 16:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Carlyle Secured Lending stock trades at USD 10.62 on Nasdaq on October 6, 2026, after Q2 adjusted EPS of USD 0.3178 missed USD 0.3232 consensus. The USD 0.35 dividend is due October 16.

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Carlyle Secured Lending stock (ISIN US8722801029) was trading at USD 10.62 on Nasdaq on October 6, 2026 at 10:11 a.m. ET, up 0.52 percent from the prior close. The key company signal remains Wells Fargo's September 29, 2026 rating action, which cut the price target to USD 11.00 from USD 12.00 and moved the rating to Equal Weight, according to Investing.com.

Q2 earnings missed consensus

Carlyle Secured Lending's second-quarter 2026 adjusted earnings were USD 0.3178 per share, below the USD 0.3232 consensus cited by Investing.com. Revenue was reported at USD 59.37 million against a USD 60.41 million forecast, creating a second quantified shortfall for the quarter.

The same report said net investment income reached USD 24 million, or USD 0.35 per share, fully covering the new base dividend. That coverage is important because the quarterly distribution is USD 0.35 per share, according to MarketBeat.

Leverage shapes the valuation

Wells Fargo's concern centers on leverage and funding costs. Investing.com reported a debt-to-equity ratio of 1.2x and estimated effective leverage of 2.3x, while also citing a 1.50 percent base fee and S+230 blended borrowing costs.

Carlyle Secured Lending describes itself as a business development company focused on flexible financing for middle-market companies in the United States, with senior secured loans as a core investment type, according to the Carlyle Secured Lending investor-relations page.

Consensus target stays higher

MarketBeat lists a Hold consensus based on 7 analysts, with an average price target of USD 12.25 and a USD 10.00 to USD 15.00 target range. The average target lies 15.3 percent above the USD 10.62 Nasdaq price, a wider gap than Wells Fargo's new USD 11.00 objective, according to MarketBeat.

Stock remains above yearly low

Carlyle Secured Lending stock was trading at USD 10.62 on Nasdaq on October 6, 2026 at 10:11 a.m. ET, with a 52-week range of USD 9.95 to USD 13.28 and a market capitalization of USD 737.7 million. The session gain was 0.52 percent, keeping the share price below both the Wells Fargo target and the broader consensus target.