UBS starts coverage as Spectrum Brands stock gets USD 97 target
Published on 10/18/2026 at 13:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCoverage and reporting calendar
- UBS set a USD 97.00 target for Spectrum Brands on October 15, 2026.
- Fiscal third-quarter sales reached USD 753.3 million on August 7, 2026.
- Public.com lists November 12, 2026 as the next earnings date.
Spectrum Brands stock (ISIN US84790A1051) received a new UBS Buy rating with a USD 97.00 price target on October 15, 2026. Markets Insider reported that the target was raised from USD 78.00 as UBS resumed coverage.
UBS adds a bullish counterweight
The UBS call arrived after a mixed earnings picture. The analyst cited near-term consumer and cost pressures but also improving earnings power and the potential for sales growth above consensus as conditions normalize, according to Markets Insider.
Three dates frame the story
On May 7, 2026, Spectrum Brands reported second-quarter net sales growth of 4.9 percent and adjusted EBITDA growth of 17.8 percent, according to the Spectrum Brands investor-relations page. On August 7, 2026, fiscal third-quarter net sales rose 7.7 percent to USD 753.3 million. On October 15, 2026, UBS opened coverage with a USD 97.00 target, as reported by Markets Insider.
What does the sales trend mean?
The latest quarter showed stronger sales but weaker earnings quality. Spectrum Brands said third-quarter net sales increased 7.7 percent year over year, while the net loss from continuing operations reached USD 20.3 million and included a one-time non-cash impairment charge related to its Home and Personal Care business, according to the Spectrum Brands investor-relations page. Organic net sales excluding favorable foreign exchange increased 6.6 percent in the same fiscal quarter.
The next reporting date
Public.com lists November 12, 2026 as Spectrum Brands' next earnings date. The company sells household, pet-care, lawn-and-garden and personal-care products through brands including Tetra, Spectracide, Remington and Black+Decker.
Stock context for German investors
Spectrum Brands is listed on the NYSE under ticker SPB. Its market capitalization was USD 1.8 billion as of October 16, 2026, while the 52-week range was USD 51.41 to USD 99.06.
The further course of trading is shown by the continuously updated real-time quote of Spectrum Brands stock.
Spectrum Brands key data
- Company: Spectrum Brands Holdings, Inc.
- ISIN: US84790A1051
- Ticker: SPB
- Primary exchange: NYSE
- Market capitalization: USD 1.8 billion (as of October 16, 2026)
- 52-week range: USD 51.41-99.06 (as of October 16, 2026)
Market context: Market report S&P 500.
