Wells Fargo cuts target to USD 73 for W. P. Carey stock
Published on 10/20/2026 at 14:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst revision and earnings calendar
- Wells Fargo cut its W. P. Carey target from USD 80.00 to USD 73.00 on October 19, 2026.
- Second-quarter revenue reached USD 461.06 million and net income was USD 185.66 million in 2026.
- W. P. Carey stock traded at EUR 56.77 at 2:03 p.m. CEST at Lang & Schwarz on October 20, 2026.
Wells Fargo cut its price target for W. P. Carey from USD 80.00 to USD 73.00 while keeping its Overweight rating on October 19, 2026, according to GuruFocus. The revision puts the analyst view alongside a scheduled third-quarter report on October 27.
What does the lower target change?
The USD 7.00 reduction equals an 8.75 percent cut from the previous target. Wells Fargo still kept the Overweight rating, so the latest note changed the valuation reference rather than the stated rating.
Recent figures set the benchmark
W. P. Carey reported USD 461.06 million of revenue and USD 185.66 million of net income for the second quarter of 2026. Diluted earnings per share were USD 0.82 for the period, according to the company's financial figures carried by Yahoo Finance. Revenue was higher than the USD 454.51 million reported for the first quarter of 2026, while net income rose from USD 176.50 million.
The company operates a net lease real estate investment trust with 1,748 properties covering 188 million square feet as of June 30, 2026, according to W. P. Carey. Its portfolio focus includes single-tenant industrial, warehouse and retail properties in the United States and Europe.
Three dated steps for WPC
On July 28, 2026, W. P. Carey set full-year adjusted funds from operations guidance at USD 5.19 to USD 5.27 per share. On September 18, 2026, it raised the quarterly dividend to USD 0.95 per share. On October 19, 2026, Wells Fargo reduced its target from USD 80.00 to USD 73.00 while retaining Overweight, according to GuruFocus.
When are the next company dates?
W. P. Carey is scheduled to release third-quarter results on October 27, 2026, after the market closes, followed by a conference call on October 28, 2026, at 11:00 a.m. Eastern Time, according to MarketScreener. The coming report will give investors a fresh comparison with the USD 461.06 million second-quarter revenue base.
Euro quote stays dated
W. P. Carey stock was trading at EUR 56.77 at Lang & Schwarz on October 20, 2026 at 2:03 p.m. CEST. The quote sits within the primary-market 52-week range of USD 62.24 to USD 77.22, which was reported for the NYSE on October 19, 2026.
The further course of trading is shown by the continuously updated real-time quote of W. P. Carey stock.
W. P. Carey stock at a glance
- Company: W. P. Carey Inc.
- ISIN: US92936U1097
- Ticker: WPC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 2:03 p.m. CEST): EUR 56.77
- Market capitalization: USD 14.5 billion (as of October 19, 2026)
- 52-week range: USD 62.24-77.22 (as of October 19, 2026)
- Sector / Industry: Real Estate / Diversified REITs
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
