TD Cowen cuts Woodward target to USD 380 for Woodward stock

Published on 10/15/2026 at 13:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue reached USD 1.11 billion, up 21.20 percent year over year. Woodward stock costs EUR 293.75 on October 15, 2026.

Target review and operating growth

TD Cowen cut its Woodward target from USD 420.00 to USD 380.00 on October 9, 2026.
Third-quarter revenue reached USD 1.11 billion, up 21.20 percent year over year.
Woodward stock trades at EUR 293.75 at 1:39 p.m. CEST at Lang & Schwarz on October 15, 2026.

WWD, US9807451037, Illustration mit AI erstellt.

Woodward stock (ISIN US9807451037) was trading at EUR 293.75 at Lang & Schwarz on October 15, 2026 at 1:39 p.m. CEST, while the Nasdaq-listed company had a USD 19.4 billion market value. The latest analyst move came from TD Cowen, which cut its target from USD 420.00 to USD 380.00 and maintained a Hold rating in a report dated October 9, 2026, as MarketBeat reported.

Target cuts reset valuation expectations

The target reduction followed a research preview of the aerospace and defense group. Markets Insider reported on October 9, 2026 that TD Cowen cited a disorderly de-rating across aerospace stocks while retaining its Hold view for Woodward, as Markets Insider wrote. The USD 380.00 target is therefore a more cautious reference point than the earlier USD 420.00 view.

What does the target cut mean?

Operating growth remains the counterweight. Woodward reported USD 1.11 billion of revenue for the third quarter of fiscal 2026, up 21.20 percent from the prior-year quarter, and adjusted earnings per share of USD 2.52 compared with USD 2.44 expected, according to MarketBeat. Fiscal 2026 adjusted earnings per share guidance stands at USD 9.30 to USD 9.50. The combination of faster sales and a lower target puts margin durability and execution ahead of headline growth.

Three dated developments

On July 29, 2026, Woodward reported adjusted earnings per share of USD 2.52 for the third quarter, above the USD 2.44 consensus, according to MarketBeat. Jefferies cut its target from USD 450.00 to USD 420.00 on October 2, 2026, while TD Cowen reduced its target from USD 420.00 to USD 380.00 on October 9, 2026.

Upcoming dates for investors

Woodward's next reported earnings date is November 23, 2026, according to GetSignal. The company is also scheduled to pay a USD 0.32 dividend per share on December 3, 2026, with November 19, 2026 listed as the record date by MarketBeat.

Nasdaq context and price

On the Nasdaq, Woodward was last quoted at USD 328.53 on October 14, 2026 at 4:00 p.m. ET. Its 52-week range was USD 244.69 to USD 450.92, leaving the analyst target above the latest US-market quote but below the prior TD Cowen target.

Woodward was trading at EUR 293.75 at Lang & Schwarz on October 15, 2026 at 1:39 p.m. CEST. The Xetra reference close could not be used for a comparison. The further course of trading is shown by the continuously updated real-time quote of Woodward stock.