CooperCompanies stock falls after earnings and target cuts

Published on 09/11/2026 at 12:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CooperCompanies stock fell to USD 54.89 on September 10, 2026, after Needham cut its target to USD 73 from USD 86. Q3 EPS was USD 1.15, while revenue missed at USD 1.07 billion.

CooperCompanies, US21664P1039, Illustration mit AI erstellt.

CooperCompanies stock (US21664P1039) traded at USD 54.89 on September 10, 2026, after a weak outlook, a revenue miss and a wave of target cuts hit the medtech name. Needham cut its target to USD 73 from USD 86, while keeping a buy rating, according to MarketBeat on September 10, 2026.

Target cuts hit sentiment

JPMorgan lowered its target to USD 58 from USD 71 and kept a neutral rating, according to MarketBeat on September 10, 2026. Robert W. Baird also cut CooperCompanies from strong-buy to hold, and MarketBeat put the consensus target at USD 71.47 with a Hold rating on September 11, 2026.

The stock opened at USD 54.17, had a 1-year low of USD 51.01 and a 1-year high of USD 89.83, and carried a market capitalization of USD 10.56 billion, according to the same MarketBeat data set on September 11, 2026.

Q3 beat, guidance miss

CooperCompanies reported third-quarter adjusted EPS of USD 1.15 for the period ended July 31, 2026, ahead of the USD 1.12 consensus by USD 0.03, according to MarketBeat. Revenue reached USD 1.07 billion and missed the USD 1.10 billion estimate, while revenue was up 0.5 percent year over year and free cash flow rose 66 percent to USD 273 million, according to the same report.

CooperCompanies also cut fiscal 2026 adjusted EPS guidance to USD 4.51 to USD 4.55 and set fourth-quarter EPS guidance at USD 1.05 to USD 1.09, both below the expectations cited in the market reports. For investors, the gap between a better-than-expected EPS print and softer top-line guidance is now the key tension.

Buyback is the counterweight

The board authorized a USD 3 billion share repurchase program on September 9, 2026, covering up to 22.7 percent of outstanding shares, according to MarketBeat. That buyback, together with USD 339.1 million of repurchases during the quarter, provides a visible cash-return offset to the weaker outlook.

Stock stays under pressure

CooperCompanies stock was quoted at USD 54.89 on September 10, 2026, against a 52-week range of USD 51.01 to USD 89.83. With the share price still close to its low and analysts trimming targets, the market is focused on whether the USD 1.05 to USD 1.09 fourth-quarter EPS range can stabilize sentiment.