UBS cuts target for Werner Enterprises stock from USD 40 to USD 35

Published on 10/18/2026 at 13:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 933.9 million, up 24.00 percent year over year. Werner Enterprises stock closed at USD 32.81.

Financing and quarterly milestones

UBS lowered its Werner Enterprises target to USD 35.00 from USD 40.00 on October 13, 2026.
Second-quarter 2026 revenue reached USD 933.9 million, up 24.00 percent year over year.
Werner Enterprises entered a USD 1.1 billion credit facility on October 5, 2026.
Third-quarter results are scheduled for October 27, 2026, after market close.

WERN, US9507551086, Illustration mit AI erstellt.

UBS analyst Thomas Wadewitz lowered the price target for Werner Enterprises from USD 40.00 to USD 35.00 on October 13, 2026, while maintaining a Neutral rating, according to Markets Insider. The revision places the target USD 2.19 above the Nasdaq closing price of USD 32.81 on October 16, 2026.

What drove the target cut

The analyst action followed a period of uneven operating performance. Werner reported second-quarter 2026 revenue of USD 933.9 million, up 24.00 percent from the prior-year quarter, while GAAP operating income fell 74.00 percent year over year to USD 16.9 million, according to Werner Enterprises. GAAP earnings per share was USD 0.11, down 85.00 percent year over year.

Three dated milestones for WERN

For the quarter ended June 30, 2026, Werner posted USD 933.9 million in revenue and USD 16.9 million in GAAP operating income, as reported by Werner Enterprises. On October 5, 2026, the company entered a USD 1.1 billion unsecured credit facility, replacing a USD 1.075 billion facility, according to its SEC filing summary. On October 13, 2026, UBS cut its target from USD 40.00 to USD 35.00, as reported by Markets Insider.

What does the credit line change

The new facility matures on October 5, 2031, and Werner borrowed USD 465 million at a weighted average interest rate of 5.54 percent. Remaining borrowing capacity stood at USD 603.1 million on October 5, 2026, while outstanding debt totaled USD 840.0 million. The refinancing extends the maturity profile and gives the company additional liquidity for capital expenditures, acquisitions and working capital.

Dates ahead for quarterly results

Werner Enterprises is scheduled to release third-quarter 2026 results on October 27, 2026, after market close, with its earnings call beginning at 4:00 p.m. CT. The company says the webcast replay will remain available through November 27, 2026.

Stock context before the report

Werner Enterprises closed at USD 32.81 on the Nasdaq on October 16, 2026. The upcoming third-quarter release will give investors a fresh test of whether the second quarter's USD 933.9 million revenue growth can translate into stronger profitability. The further course of trading is shown by the continuously updated real-time quote of Werner Enterprises stock.