Wells Fargo cuts Owens Corning stock target from USD 150.00 to USD 125.00
Published on 10/17/2026 at 19:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget reset shapes valuation
- Wells Fargo lowered its Owens Corning target from USD 150.00 to USD 125.00 on October 16, 2026.
- Owens Corning stock spans USD 97.53 to USD 159.91 over 52 weeks.
- Owens Corning stock last traded at USD 112.80 on October 16, 2026 at 4:00 p.m. ET, down 0.78 percent versus the prior close.
- Owens Corning had a market capitalization of USD 8.9 billion on October 16, 2026.
Wells Fargo lowered its Owens Corning price target from USD 150.00 to USD 125.00 while keeping an Overweight rating on October 16, 2026, according to Markets Insider. The revised target is 10.82 percent above the NYSE price of USD 112.80 from the same trading date.
Target cut reflects 2027 concerns
Wells Fargo analyst Sam Reid said the firm viewed near-term risks as understood but considered 2027 estimates too high. The change places the target below the USD 128.00 objective reported for Goldman Sachs earlier in October, while the Wells Fargo view remains above the latest share price.
Price range and annual move
Owens Corning stock last traded at USD 112.80 on October 16, 2026 at 4:00 p.m. ET on the NYSE, down 0.78 percent versus the prior close. The session range was USD 111.98 to USD 117.08, with 1,379,183 shares traded against an average volume of 1,006,395 shares.
The 52-week range runs from USD 97.53 to USD 159.91. The latest price stands 29.46 percent below the 52-week high and 15.65 percent above the 52-week low. That spread gives the target revision a concrete valuation backdrop rather than a single-day reading.
Valuation and next reporting date
Owens Corning had a market capitalization of USD 8.9 billion on October 16, 2026, while its trailing price-to-earnings ratio was negative 13.84. The trailing dividend yield was 3.00 percent. According to Owens Corning, third-quarter results were scheduled for November 4, 2026, before the NYSE open.
Comparison with peers
Owens Corning (NYSE, USD): minus 0.78 percent, dividend yield 3.00 percent, market capitalization USD 8.9 billion.
Builders FirstSource (NYSE, USD): plus 1.81 percent, P/E 60.05, market capitalization USD 5.9 billion.
Masco (NYSE, USD): plus 0.40 percent, P/E 16.75, market capitalization USD 14.4 billion.
What the target means for the stock
The Wells Fargo revision leaves a USD 12.20 gap between the latest price and the new target. The stock is also materially below its 52-week high, while the 3.00 percent dividend yield adds a separate valuation reference for shareholders.
On October 16, 2026 at 4:00 p.m. ET, Owens Corning stock last traded at USD 112.80 on the NYSE, down 0.78 percent versus the prior close.
Owens Corning market data
- Company: Owens Corning
- ISIN: US6907421019
- Ticker: OC
- Primary exchange: NYSE
- Price on NYSE (as of October 16, 2026, 4:00 p.m. ET): USD 112.80
- Change versus prior close: minus 0.78 percent
- Market capitalization: USD 8.9 billion (as of October 16, 2026)
- 52-week range: USD 97.53-159.91 (as of October 16, 2026)
- Sector / Industry: Building products
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
