Evercore cuts target for Owens Corning stock to USD 185.00

Published on 10/01/2026 at 21:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 2.76 billion in second-quarter 2026, up 0.30 percent. Owens Corning stock costs EUR 103.23 versus EUR 103.05 on October 1, 2026.

OC, US6907421019, Illustration mit AI erstellt.

Owens Corning (ISIN US6907421019) was trading at EUR 103.23 at Lang & Schwarz on October 1, 2026 at 9:21 p.m. CEST, plus 0.17 percent versus the prior close of EUR 103.05. On October 1, 2026, TradingView reported that Evercore ISI cut its Owens Corning target from USD 194.00 to USD 185.00 while maintaining an Outperform rating.

Evercore trims its target

The USD 9.00 reduction equals 4.64 percent of the former USD 194.00 target. The revised target still sits above the prior level, while the Outperform rating remains unchanged, according to TradingView on October 1, 2026.

The target change gives the market a fresh valuation reference, but it cannot be compared directly with the Lang & Schwarz quote because the analyst figure is in USD and the reference price is in EUR.

Second-quarter cash flow stays positive

In its August 5, 2026 release, Owens Corning reported USD 2.76 billion in revenue from continuing operations for the second quarter of 2026, with an adjusted EBITDA margin of 24.00 percent and adjusted diluted earnings per share of USD 3.93.

The revenue figure was up 0.30 percent year over year, while adjusted earnings per share exceeded the USD 3.09 consensus estimate by USD 0.84, or 27.18 percent, according to Yahoo Finance. Operating cash flow was USD 398.00 million and free cash flow was USD 199.00 million in the same quarter.

Dividend adds a dated cash return

Owens Corning declared a quarterly dividend of USD 0.79 per common share on September 17, 2026. The payment is scheduled for November 5, 2026, to shareholders of record on October 19, 2026, according to Business Wire.

OC stock stays below its yearly high

At Lang & Schwarz, Owens Corning stock was at EUR 103.23 on October 1, 2026 at 9:21 p.m. CEST, plus 0.17 percent versus the prior close of EUR 103.05. The primary listing is on the NYSE, where the 52-week range was USD 97.53 to USD 159.91 as of October 1, 2026.