Wells Fargo cuts target for Stanley Black & Decker stock to USD 90.00
Published on 10/18/2026 at 12:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalysts and operating milestones
- Wells Fargo cut its target from USD 95.00 to USD 90.00 on October 16, 2026.
- Second-quarter revenue reached USD 3.96 billion and earnings per share came to USD 1.57.
- Stanley Black & Decker will release third-quarter results on November 4, 2026.
- Market capitalization stood at USD 14.0 billion on October 16, 2026.
Stanley Black & Decker (ISIN US8545021011) faces a lower Wells Fargo price target after the bank cut its view from USD 95.00 to USD 90.00 on October 16, 2026, according to Markets Insider. Wells Fargo maintained an Equal Weight rating and said its 2027 estimates were too high.
Recent events set the context
On July 29, 2026, Stanley Black & Decker reported second-quarter revenue of USD 3.96 billion and earnings per share of USD 1.57 against USD 1.21 consensus, according to MarketBeat. Revenue was 0.40 percent higher than in the comparable quarter, while earnings per share exceeded consensus by USD 0.36.
On October 7, 2026, DEWALT's DALE drilling robot received recognition in Fast Company's 2026 Next Big Things in Tech awards. The company said the robot achieved speeds up to 10 times faster than conventional methods and more than 99 percent accuracy across over 385,000 holes, according to Stanley Black & Decker.
What does the target cut signal?
The Wells Fargo move puts valuation and execution ahead of product publicity. Its USD 90.00 target is USD 5.00 below the prior USD 95.00 level, while the company entered the latest coverage period with a 52-week share-price range of USD 61.90 to USD 104.68. The spread shows that the target revision is a change in expectations rather than a statement that the stock is near its yearly low.
Dates that matter next
Stanley Black & Decker will release third-quarter 2026 earnings on November 4, 2026, before the market opens, followed by an earnings call at 8:00 a.m. ET, according to the company's release dated September 23, 2026, published on Stanley Black & Decker. The report will test whether the second-quarter earnings advantage can persist while Wells Fargo questions the level of future estimates.
Market value and investor view
Stanley Black & Decker had a market capitalization of USD 14.0 billion on October 16, 2026. The company operates in the Industrials sector and sells tools, outdoor equipment, storage systems and engineered fastening products through brands including DEWALT, CRAFTSMAN, STANLEY and BLACK+DECKER. The further course of trading is shown by the continuously updated real-time quote of Stanley Black & Decker stock.
Stanley Black & Decker facts
- Company: Stanley Black & Decker, Inc.
- ISIN: US8545021011
- Ticker: SWK
- Primary exchange: NYSE
- Market capitalization: USD 14.0 billion (as of October 16, 2026)
- 52-week range: USD 61.90-104.68 (as of October 16, 2026)
- Sector / Industry: Industrials / Manufacturing - Tools & Accessories
Market context: Market report S&P 500.
