Texas Capital Drops Brunswick to Hold Rating, Raises Target to $90
Texas Capital Securities downgraded Brunswick to Hold from Buy while raising its price target to $90 from $84, prompting a nearly 2% intraday share drop. The analyst said the cut was purely valuation-driven despite 2026 and 2027 revenue and EBITDA estimates remaining above consensus.
1. Texas Capital Lowers Rating on Brunswick to Hold
Texas Capital Securities downgraded Brunswick to Hold from Buy, while raising its price target to $90 from $84. The research firm cited that current valuation already reflects the anticipated recovery in new-boat demand, despite maintaining above-consensus revenue and EBITDA forecasts for 2026 and 2027. The valuation-driven move led Brunswick shares to slip nearly 2% during intraday trading on Monday, as analysts and investors weigh the balance between near-term multiples and long-term growth prospects.
2. Brunswick Schedules Q4 and Full-Year 2025 Earnings Call
Brunswick will report its fourth quarter and full-year 2025 results on January 29, 2026 before market open, followed by a conference call at 10 a.m. CT hosted by CEO David M. Foulkes, CFO Ryan M. Gwillim and Deputy CFO Stephen Weiland. The presentation materials will be available on the company’s investor website and the SEC’s Form 8-K filing. Live audio access is provided via webcast and telephone (877-900-9524 in North America; 412-902-0029 internationally), with a replay available through February 5, 2026 (Access ID: 13757871).