Jefferies cuts target for Woodward stock from USD 450 to USD 420

Published on 10/07/2026 at 06:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Woodward stock had a prior close of EUR 295.35 on October 5, 2026. Jefferies now sees USD 420 versus USD 450 ahead of the fourth-quarter report.

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Jefferies cut its Woodward stock price target from USD 450 to USD 420 on October 2, 2026, while keeping a Buy rating, according to Markets Insider. Woodward's prior close at Lang & Schwarz was EUR 295.35 on October 5, 2026.

Jefferies trims aerospace assumptions

The target reduction reflects revised estimates after Woodward's aerospace divestiture plans, the October 2 report said. Jefferies estimated Woodward's fiscal 2027 aerospace sales at 4.00 percent below consensus, adding a quantified counterweight to the Buy rating.

The target cut also leaves a wide gap between the analyst view and the euro reference point, although the two figures use different currencies and are not directly comparable. For investors, the key issue is whether portfolio streamlining can offset the lower aerospace sales assumption.

Third-quarter growth remains visible

Woodward reported USD 1.11 billion in revenue and USD 146.68 million in earnings for fiscal third quarter 2026, according to Yahoo Finance. The same period showed actual earnings per share of USD 2.52 against an estimate of USD 2.45, a USD 0.07 positive difference.

Yahoo Finance also lists fiscal third-quarter 2026 revenue at USD 1.11 billion and profit margin at 13.22 percent. The figures give the target cut a more specific setting: the debate centers on future aerospace assumptions rather than a reported quarterly revenue shortfall.

Factory transition adds execution risk

Woodward announced on September 21, 2026, that military flight-control actuation production would move from Santa Clarita, California, to its Spartanburg, South Carolina, campus, according to FinanzNachrichten. The transaction is expected to affect about 400 roles, while the Santa Clarita facility is expected to cease operations by December 2027.

The Spartanburg facility is expected to begin operations in summer 2027. The release also said Woodward agreed to sell selected legacy commercial rotorcraft, land systems and business-jet products together with the Santa Clarita campus, making execution and timing important factors in the revised estimates.

Woodward stock enters the next session

Woodward's market capitalization was USD 19.8 billion as of October 6, 2026, and its Nasdaq quote closed at USD 332.56 on that date. The Lang & Schwarz prior close was EUR 295.35 on October 5, 2026.

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