Goldman Boosts Stanley Black & Decker PT to $84 After Q4 Margin, $120M Savings
Goldman Sachs raised Stanley Black & Decker’s price target to $84 from $78 after Q4 margins in its Tools & Outdoor segment improved and cost-savings measures delivered $120 million. Segment sales fell 2% to $3.16B and adjusted EPS dropped to $1.41 while 2026 EPS guidance midpoint is $5.30.
1. Goldman Sachs Price Target Revision
On February 6, Goldman Sachs analyst Joe Ritchie raised the firm’s price target for Stanley Black & Decker to $84 from $78 and maintained a Neutral rating, reflecting confidence in margin improvements driving valuation support.
2. Q4 Financial Performance
In the fourth quarter, Stanley Black & Decker achieved $120 million in cost-savings, yet Tools & Outdoor net sales declined 2% to $3.16 billion and adjusted EPS fell to $1.41 from $1.49 a year ago due to weaker developed-market demand.
3. Outlook and Guidance
The company projects 2026 adjusted EPS between $4.90 and $5.70, with a midpoint of $5.30 below analysts’ $5.66 estimate, as tariff-related price increases and inflation continue to weigh on power-tool demand.