UBS Maintains Buy on Wolverine World Wide with $26 Target After 2.9% and 6.5% Revenue Drops
Wolverine World Wide received a Buy rating from UBS on February 6 with a $26 price target, countering a January 22 Argus Research downgrade to Hold. Argus cited a 2.9% decline in Work Group revenue and a 6.5% drop in Other revenue in fiscal Q3 2025.
1. UBS Reiterates Buy Rating
On February 6, UBS analysts reaffirmed a Buy rating on Wolverine World Wide and set a $26 price target, citing confidence in the company’s branded footwear and apparel segments to drive growth.
2. Argus Research Downgrades to Hold
Argus Research downgraded the stock from Buy to Hold on January 22, pointing to trade policy uncertainties and reporting a 2.9% year-over-year decline in Work Group revenue alongside a 6.5% drop in Other revenue during fiscal Q3 2025.
3. Q4 2025 Earnings Outlook
Wolverine World Wide is scheduled to release fiscal Q4 2025 results on February 26, with consensus estimates calling for $510.74 million in revenue and GAAP EPS of $0.40, setting a near-term performance benchmark.