Wells Fargo cuts target for Werner Enterprises stock to USD 37.00

Published on 10/07/2026 at 01:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Werner Enterprises stock keeps an equal weight rating after a USD 9.00 target cut. Third-quarter results are due October 27, 2026 after market close.

WERN, US9507551086, Illustration mit AI erstellt.

Wells Fargo cut its Werner Enterprises price target from USD 46.00 to USD 37.00 on October 6, 2026, while keeping an equal weight rating, according to MarketBeat. Werner Enterprises stock therefore enters the October results window with a lower published valuation benchmark and a clearly defined analyst counterpoint.

Target cut meets weak earnings base

The USD 9.00 reduction came after Werner reported second-quarter 2026 GAAP earnings per share of USD 0.11 and operating income of USD 16.9 million, according to Werner Enterprises. The company also disclosed adjusted earnings per share of USD 0.22 and adjusted operating income of USD 27.6 million for the same period.

Revenue reached USD 933.9 million in the second quarter of 2026, up 24.00 percent from the prior-year period. The comparison is important because the revenue gain did not translate into comparable GAAP profitability: GAAP operating income was down 74.00 percent year over year, while adjusted operating income rose 67.00 percent.

October results set the next test

Werner has scheduled its third-quarter 2026 earnings release for October 27, 2026, after the market close, according to the company release published on its investor-relations site. The conference call is scheduled for 4:00 p.m. CT, giving investors a fixed date for testing freight demand, pricing and the contribution from the FirstFleet acquisition.

The company reported USD 85.0 million of operating cash flow in the second quarter of 2026 and cited liquidity of USD 657.0 million as of June 30, 2026. Those figures provide a financial counterweight to the weak GAAP earnings result, but the next report will show whether stronger revenue is producing broader operating leverage.

Nasdaq quote sets the backdrop

On October 6, 2026, the Nasdaq quote was last at USD 32.81 at 4:00 p.m. ET, while the 52-week range stood at USD 23.06 to USD 47.49. Werner Enterprises had a market capitalization of USD 2.0 billion as of the same date.

The Lang & Schwarz prior close was EUR 29.10 for October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Werner Enterprises stock.