Timken Q2 sales beat on higher volumes and pricing
TKR•Raised 2026 outlook
Timken raised its 2026 adjusted EPS outlook to $6.05-$6.35. The company now sees 2026 diluted EPS at $3.75-$4.05 and expects 2026 revenue to rise about 5.5% from 2025.
Drivers of revenue and profit
The company said Q2 sales growth was driven by higher volumes across both segments and increased pricing. Revenue from the Bijur Delimon acquisition contributed to Industrial Motion segment sales growth.
Net income was reduced by an impairment charge related to the planned divestiture of the belts business.
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the industrial machinery & equipment peer group is "buy". Wall Street's median 12-month price target for Timken Co is $146.00, about 3% above its August 3 closing price of $141.75. The stock recently traded at the next 12-month earnings vs. a P/E of three months ago.
