BofA cuts Addus HomeCare stock target from USD 140.00 to USD 125.00

Published on 10/07/2026 at 03:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BofA cut its target for Addus HomeCare stock to USD 125.00. The AccentCare deal is valued at USD 275.00 million on September 14, 2026.

ADUS, US0067391062, Illustration mit AI erstellt.

Addus HomeCare (ISIN US0067391062) faces a lower BofA target of USD 125.00, down from USD 140.00. According to MarketScreener on September 14, 2026, BofA Securities downgraded the stock to Neutral while lowering its target from USD 140.00 to USD 125.00. The revision puts valuation and the company's acquisition plans in the same frame.

AccentCare adds operating scale

Addus agreed to acquire AccentCare's personal care division for an anticipated USD 275.00 million cash purchase price on September 14, 2026. The transaction is expected to add USD 280.00 million in annualized personal care revenue, equivalent to a 19.00 percent increase to Addus HomeCare's revenue base.

Business Wire reported the deal terms on September 14, 2026, including an average daily census of 13,700 customers across a 10-state footprint. The acquired operations therefore offer a measurable revenue bridge, while the USD 275.00 million cash outlay remains the key execution factor.

Second-quarter growth supports the case

Addus HomeCare reported USD 377.4 million of net service revenue in the second quarter of 2026, up 8.00 percent from USD 349.4 million in the second quarter of 2025. Net income increased to USD 27.6 million from USD 22.1 million, while diluted earnings per share rose to USD 1.49 from USD 1.20, according to Business Wire in the company's second-quarter results release.

For the first six months of 2026, net service revenue reached USD 741.0 million, up 7.80 percent year over year, and net income was USD 52.7 million. Adjusted EBITDA totaled USD 93.7 million for the same period, giving investors a profitability benchmark alongside the acquisition's projected 19.00 percent revenue lift.

Market value and next report

Addus HomeCare had a market capitalization of USD 2.1 billion, a 52-week range of USD 87.95 to USD 124.44, and trading volume of 125,548 shares as of October 6, 2026. The next earnings date is listed as November 2, 2026 by Yahoo Finance.

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