CDP, US22002T1088

Wells Fargo keeps USD 41.00 target for COPT Defense Properties stock

Published on 10/20/2026 at 20:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

COPT Defense reports third-quarter results on October 30, 2026. COPT Defense Properties stock costs EUR 29.50 on October 20, 2026 at 8:15 p.m. CEST.

Target and reporting date

Wells Fargo reiterated a Buy rating and a USD 41.00 target on October 12, 2026.
COPT Defense Properties reported USD 197.39 million in second-quarter revenue against USD 189.92 million a year earlier.
COPT Defense Properties stock costs EUR 29.50 at Lang & Schwarz on October 20, 2026 at 8:15 p.m. CEST.
Third-quarter results are scheduled for October 30, 2026.

CDP, US22002T1088, Illustration mit AI erstellt.

COPT Defense Properties (ISIN US22002T1088) remains covered by a USD 41.00 Wells Fargo target after the bank reiterated its Buy rating on October 12, 2026, according to Markets Insider. The target lies 23.35 percent above the USD 33.24 NYSE price from October 20, 2026 at 2:20 p.m. ET. COPT Defense Properties was trading at EUR 29.50 at Lang & Schwarz on October 20, 2026 at 8:15 p.m. CEST.

Revenue grew in the second quarter

The latest reported quarter delivered USD 197.39 million of revenue for the second quarter ended June 30, 2026, up 3.94 percent from USD 189.92 million in the same period a year earlier. Net profit reached USD 46.30 million, compared with USD 38.35 million a year earlier, according to Markets Insider.

Defense properties anchor the portfolio

COPT Defense said its Defense and IT portfolio covered 202 properties and 23.3 million square feet as of June 30, 2026, with a 96.4 percent lease rate. The portfolio includes 24 properties held through unconsolidated joint ventures, according to Business Wire. That concentration links the company to U.S. Government defense installations and contractors rather than to a broad office-property mix.

Valuation meets the next date

At USD 33.24 on the NYSE on October 20, 2026, the stock stood 14.55 percent below its USD 38.90 52-week high and 22.86 percent above its USD 27.06 low. The same market snapshot put market capitalization at USD 3.8 billion and the price-to-earnings ratio at 22.92. COPT Defense lists the next reporting event for October 30, 2026, when management is scheduled to discuss third-quarter results, according to COPT Defense Properties.

What does the target imply?

The USD 41.00 Wells Fargo target implies 23.35 percent upside from the USD 33.24 NYSE price, while the 22.92 price-to-earnings ratio places valuation alongside the companys earnings base. For investors, the October 30 results date is the next concrete checkpoint for revenue, leasing and funds from operations.

Price stays below the yearly high

The euro quotation was EUR 29.50 at Lang & Schwarz on October 20, 2026 at 8:15 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of COPT Defense Properties stock.