Wells Fargo cuts target for Woodward stock to USD 430

Published on 10/02/2026 at 04:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 1.11 billion in the third quarter, up 21.20 percent year over year. Woodward pays USD 0.32 on December 3, 2026, supporting Woodward stock.

WWD, US9807451037, Illustration mit AI erstellt.

Wells Fargo cut its Woodward price target from USD 440.00 to USD 430.00 on September 30, 2026, while keeping an Overweight rating, according to MarketBeat. The revised target puts the latest analyst action directly against Woodward's strong fiscal 2026 operating performance.

Analyst target meets earnings strength

Woodward generated USD 1.11 billion of revenue in the third quarter of fiscal 2026, up 21.20 percent from USD 915.45 million in the same quarter a year earlier, as Markets Insider reported on September 30, 2026. Net profit reached USD 146.68 million, compared with USD 108.45 million in the year-earlier quarter.

Adjusted earnings per share came in at USD 2.52 for the quarter ending June 30, 2026, versus USD 2.44 consensus. The USD 0.08 difference gives the target cut a useful counterpoint: Wells Fargo reduced its valuation benchmark even as the latest quarterly earnings exceeded expectations.

Portfolio changes carry execution costs

Woodward approved a plan on September 15, 2026 to exit its Santa Clarita aerospace controls facility and move key military flight-control actuation production to Spartanburg, South Carolina, according to StockTitan. The transition is expected to affect approximately 400 roles and generate cumulative pretax charges of USD 34.00 million to USD 47.50 million, with operations at the facility expected to cease by December 2027.

The company maintained fiscal 2026 adjusted earnings guidance of USD 9.30-9.50 per share. Its aerospace and industrial businesses remain central to the model, with Woodward describing its products as energy conversion and control solutions for aerospace and industrial equipment markets on its Woodward investor-relations page.

Nasdaq quote remains below yearly high

Woodward was last at USD 336.19 on Nasdaq on October 1, 2026 at 4:00 p.m. ET. The quote stood USD 114.73 below the USD 450.92 52-week high and above the USD 244.69 low, while market capitalization was USD 20.0 billion at the same market-data snapshot.