Wells Fargo cuts target for Carlyle Secured Lending stock to USD 11.00

Published on 10/15/2026 at 20:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Carlyle Secured Lending reports on November 3, 2026. Carlyle Secured Lending stock costs EUR 9.54 on October 15, 2026, up 3.13 percent on Nasdaq.

Analyst target and reporting date

Wells Fargo lowered its CGBD target from USD 12.00 to USD 11.00 on September 29, 2026.
Second-quarter revenue reached USD 59.37 million versus a USD 60.41 million forecast.
Carlyle Secured Lending stock costs EUR 9.54 at Lang & Schwarz on October 15, 2026 at 8:44 p.m. CEST, up 3.13 percent on Nasdaq.
Carlyle Secured Lending is scheduled to report third-quarter results on November 3, 2026.

CGBD, US8722801029, Illustration mit AI erstellt.

Carlyle Secured Lending (ISIN US8722801029) remains anchored to an USD 11.00 Wells Fargo target after the firm lowered it from USD 12.00 on September 29, 2026, according to MarketBeat. The target stood 2.71 percent above the USD 10.71 Nasdaq quote, while the euro price at Lang & Schwarz was EUR 9.54 on October 15, 2026 at 8:44 p.m. CEST.

Second-quarter revenue missed forecasts

Carlyle Secured Lending reported adjusted earnings of USD 0.32 per share and revenue of USD 59.37 million for the second quarter of 2026, compared with forecasts of USD 0.32 per share and USD 60.41 million in revenue. Investing.com reported that net investment income was USD 24.00 million, or USD 0.35 per share, enough to cover the new base dividend.

Price stays below the yearly high

On Nasdaq, CGBD was up 3.13 percent on October 15, 2026, with a last price of USD 10.71 at 2:52 p.m. EDT. The session range was USD 10.46 to USD 10.77, and volume reached 349,607 shares against an average of 519,429. The 52-week range was USD 9.95 to USD 13.28, leaving the stock 19.35 percent below its high and 7.64 percent above its low.

Valuation and the next reporting date

CGBD had a market capitalization of USD 736.6 million, a P/E ratio of 21.00 and a trailing dividend yield of 14.00 percent as of October 15, 2026. The next scheduled reporting date is November 3, 2026, before the market opens, according to MarketBeat. The conference call is scheduled for November 4, 2026 at 11:00 a.m. ET.

Comparison with peers

As of October 15, 2026:
CGBD (Nasdaq, USD): plus 3.13 percent, P/E 21.00, market capitalization USD 736.6 million
Ares Capital (NYSE, USD): plus 1.78 percent, P/E 14.02, market capitalization USD 13.6 billion
Main Street Capital (NYSE, USD): plus 1.55 percent, P/E 10.96, market capitalization USD 5.1 billion

Price and investor perspective

Carlyle Secured Lending combines a 14.00 percent dividend yield with a valuation above the P/E ratios of Ares Capital and Main Street Capital. The Wells Fargo target leaves a 2.71 percent gap above the Nasdaq price, while the stock remains 19.35 percent below its 52-week high.

Carlyle Secured Lending was trading at EUR 9.54 at Lang & Schwarz on October 15, 2026 at 8:44 p.m. CEST. The Nasdaq quote was up 3.13 percent on the day.

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