Citigroup cut Timken target from USD 160.00 to USD 140.00 for Timken stock

Published on 10/20/2026 at 14:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Timken will report third-quarter results on November 4, 2026 with USD 6.05-6.35 guidance. Timken stock costs EUR 99.25 on October 20, 2026.

Reporting date and earnings context

Timken announced the November 4, 2026 results date on October 14, 2026.
Second-quarter revenue reached USD 1.26 billion, up 7.50 percent year over year.
Timken stock trades at EUR 99.25 at 2:30 p.m. CEST at Lang & Schwarz on October 20, 2026.
The October 19, 2026 market capitalization was USD 7.8 billion.

TKR, US8873891043, Illustration mit AI erstellt.

The Timken Company (ISIN US8873891043) was trading at EUR 99.25 at Lang & Schwarz on October 20, 2026 at 2:30 p.m. CEST. According to MarketBeat, Citigroup cut its Timken target from USD 160.00 to USD 140.00 on October 12, 2026, while retaining a Buy rating.

Timken prepares for November results

The next scheduled catalyst is the third-quarter report. Timken said on October 14, 2026 that it will publish the figures on November 4, 2026, before the New York Stock Exchange opens, followed by an investor conference call at 11:00 a.m. Eastern Time, according to The Timken Company.

The chronology points to three measurable milestones: second-quarter revenue of USD 1.26 billion on August 4, 2026, revenue growth of 7.50 percent year over year on the same reporting date, and the October 12, 2026 Citigroup target reduction. The October 14, 2026 results announcement then set November 4, 2026 as the next reporting date.

What does the next report test?

The second-quarter revenue figure gives the November release a clear benchmark. MarketBeat reported revenue of USD 1.26 billion against consensus of USD 1.23 billion for the quarter, while earnings per share were USD 1.83 versus USD 1.62 expected. Timken's full-year 2026 adjusted earnings-per-share guidance stands at USD 6.05-6.35, creating a second reference point for the upcoming report.

Dates and valuation shape the setup

The November 4, 2026 earnings release and the 11:00 a.m. Eastern Time conference call are the next substantiated events. On October 19, 2026, the company had a market capitalization of USD 7.8 billion, with a primary-exchange 52-week range of USD 73.62 to USD 146.37 and volume of 413,137 shares.

Stock price and investor context

The euro quotation places Timken in a clear pre-report context, while the dollar target and upcoming results provide separate reference points for investors. The company operates in industrial bearings and power-transmission products, with mobile and process industries as its two main divisions.

Timken was trading at EUR 99.25 at Lang & Schwarz on October 20, 2026 at 2:30 p.m. CEST.

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