Stanley Black & Decker stock falls 2.92 percent as targets diverge

Published on 09/29/2026 at 09:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Stanley Black & Decker stock fell 2.92 percent to USD 88.73 on September 28, 2026. Wells Fargo lifted its target to USD 95.00, while Q3 results are due November 4.

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Stanley Black & Decker stock (ISIN US8545021011) fell 2.92 percent to USD 88.73 on the NYSE on September 28, 2026, leaving the shares below the USD 95.00 target set by Wells Fargo. The next scheduled test is the companys third-quarter report on November 4, 2026.

Wells Fargo raises target to USD 95

According to Yahoo Finance on September 11, 2026, Wells Fargo raised its Stanley Black & Decker price target from USD 90.00 to USD 95.00 and kept an Equal Weight rating. The new target lies 7.06 percent above the September 28 price, a narrower gap than the broader average target of USD 100.73 cited in the same report.

The daily decline came with a reference price still positioned between the stocks 52-week low of USD 61.90 and high of USD 104.68. At USD 88.73, the shares were 15.24 percent below that yearly high, while market capitalization stood at USD 13.4 billion and volume reached 1,766,886 shares on September 28, 2026.

Quarterly earnings beat consensus

Stanley Black & Decker reported adjusted second-quarter 2026 EPS of USD 1.57 versus USD 1.21 consensus, according to MarketBeat. The USD 0.36 beat contrasts with revenue of USD 3.96 billion, which increased 0.4 percent year over year but came in below the USD 3.97 billion consensus cited in the report.

The same report said Stanley Black & Decker set fiscal 2026 adjusted EPS guidance at USD 4.90-5.70 and lifted its quarterly dividend to USD 0.84 from USD 0.83. The figures point to a stock story that combines improved earnings delivery with limited revenue growth, making the forthcoming report important for judging whether margin gains can broaden into sales momentum.

Third-quarter results due November 4

Stanley Black & Decker said in a release dated September 23, 2026, that it will publish third-quarter 2026 earnings before the market opens on November 4, 2026, followed by an earnings call at 8:00 a.m. ET, according to Stanley Black & Decker. That date gives investors a clear checkpoint for the USD 4.90-5.70 full-year adjusted EPS outlook.

Stock stays below yearly high

Stanley Black & Decker stock last stood at USD 88.73 on the NYSE on September 28, 2026. The price was USD 15.95 below the 52-week high of USD 104.68, while the Wells Fargo target of USD 95.00 remained USD 6.27 higher than the latest reference price.