Wells Fargo cuts target for Floor & Decor stock from USD 55.00 to USD 45.00
Published on 10/20/2026 at 21:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and quarterly sales
- Wells Fargo cut its Floor & Decor target from USD 55.00 to USD 45.00 on October 19, 2026.
- Second-quarter sales increased 3.00 percent to USD 1.25 billion for the period ended June 25, 2026.
- Floor & Decor stock costs EUR 40.50 at Lang & Schwarz on October 20, 2026 at 9:12 p.m. CEST.
- Floor & Decor reports third-quarter 2026 results on October 29, 2026.
On October 20, 2026, Floor & Decor Holdings stock remained tied to a fresh analyst reset: Wells Fargo lowered its price target from USD 55.00 to USD 45.00 while maintaining an Equal-Weight rating, as reported by Yahoo Finance. The company stock was at EUR 40.50 at Lang & Schwarz on October 20, 2026 at 9:12 p.m. CEST.
Target reset meets quarterly growth
The target cut contrasts with Floor & Decor's latest reported sales growth. For the quarter ended June 25, 2026, net sales rose 3.00 percent year over year to USD 1.25 billion, while adjusted diluted earnings per share reached USD 0.58. These figures come from the company's investor-relations page, which identifies the period as the second quarter of fiscal 2026: Floor & Decor.
What does the target reset change?
The new USD 45.00 target sits 1.03 percent below the USD 45.47 primary-exchange price shown for Floor & Decor on October 20, 2026. The older USD 55.00 target was 22.22 percent above that price, so the revision removes USD 10.00 from Wells Fargo's prior estimate.
Price position and upcoming date
Floor & Decor's NYSE quotation closed at USD 43.99 on October 19, 2026, according to Yahoo Finance. Its 52-week range was USD 42.64 to USD 77.46, placing the close USD 1.35 above the low and USD 33.47 below the high. The market capitalization was USD 4.7 billion on that date.
Floor & Decor is scheduled to report third-quarter fiscal 2026 results on October 29, 2026, with its earnings conference call set for 5:00 p.m. ET, according to the company's investor-relations page. The appointment gives the next quarterly report a clear numerical test after second-quarter sales grew 3.00 percent while comparable store sales declined 2.10 percent.
Floor & Decor and its peers
Home Depot (NYSE, USD): up 0.08 percent on October 19, 2026, P/E 21.68, market capitalization USD 308.9 billion. Lowe's (NYSE, USD): down 0.74 percent on October 19, 2026, market capitalization USD 109.9 billion. Floor & Decor is smaller than both peers, with its USD 4.7 billion market value and a 52-week close nearer the low than the high.
Trading level and next report
The euro quotation puts the stock at EUR 40.50 at Lang & Schwarz on October 20, 2026 at 9:12 p.m. CEST. The next dated company event is the third-quarter results release on October 29, 2026.
The further course of trading is shown by the continuously updated real-time quote of Floor & Decor stock.
Floor & Decor at a glance
- Company: Floor & Decor Holdings, Inc.
- ISIN: US3397501012
- Ticker: FND
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 9:12 p.m. CEST): EUR 40.50
- Market capitalization: USD 4.7 billion (as of October 19, 2026)
- 52-week range: USD 42.64-77.46 (as of October 19, 2026)
- Sector / Industry: Consumer Cyclical / Home Improvement Retail
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
