Wells Fargo raises target for Stanley Black & Decker stock to USD 95.00
Published on 10/02/2026 at 13:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
According to MarketScreener on September 11, 2026, Wells Fargo raised its target for Stanley Black & Decker stock from USD 90.00 to USD 95.00 and kept an Equal Weight rating. Stanley Black & Decker (ISIN US8545021011) was trading at EUR 80.13 at Lang & Schwarz on October 2, 2026, plus 0.59 percent versus the prior close of EUR 79.66.
Quarterly earnings beat estimates
Zacks reported that adjusted earnings per share reached USD 1.57 in the second quarter of 2026, above the USD 1.20 consensus and up from USD 1.08 in the year-ago quarter. Net sales rose 0.40 percent year over year to USD 3.96 billion, exceeding the USD 3.93 billion consensus.
The operating picture was uneven beneath the headline beat. Tools and Outdoor revenue rose 3.00 percent year over year to USD 3.56 billion, while Engineered Fastening revenue fell 18.00 percent to USD 396.40 million after the CAM divestiture, according to Zacks.
Guidance sets the next test
Zacks said management lifted 2026 GAAP earnings guidance to USD 4.60-5.45 per share from USD 4.15-5.35. Adjusted earnings guidance increased to USD 5.20-5.80 per share from USD 4.90-5.70, while the free cash flow forecast rose to USD 600-800 million from USD 500-700 million.
The analyst backdrop remains measured. MarketBeat reported on September 30, 2026, that six analysts held, three rated the stock a buy and one rated it a sell, producing a USD 92.88 average 12-month target. The same report listed a quarterly dividend of USD 0.84, up from USD 0.83.
November earnings date is set
Stanley Black & Decker will release third-quarter 2026 earnings before the market opens on November 4, 2026, followed by an 8:00 a.m. ET earnings call, according to the company release dated September 23, 2026, published on Stanley Black & Decker. That date gives the market a clear checkpoint for testing the higher outlook.
EUR 80.13 in trading
Stanley Black & Decker was trading at EUR 80.13 at Lang & Schwarz on October 2, 2026 at 1:08 p.m. CEST, plus 0.59 percent versus the prior close of EUR 79.66 on October 1, 2026. The primary listing is on the NYSE, where the finance quote showed a USD 13.5 billion market capitalization, a 52-week range of USD 61.90 to USD 104.68 and a price of USD 89.59 as of October 1, 2026 at 4:00 p.m. EDT. 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 2, 2026, 1:08 p.m. CEST): EUR 80.13
- Change versus prior close: plus 0.59 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 79.66
- Market capitalization: USD 13.5 billion (as of October 2, 2026)
- 52-week range: USD 61.90-104.68 (as of October 2, 2026)
- Sector / Industry: Industrials / Manufacturing - Tools & Accessories
- Next earnings date: November 4, 2026
