Owens Corning stock: Wells Fargo cuts target for Owens Corning stock to USD 125.00

Published on 10/23/2026 at 06:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wells Fargo set a USD 125.00 target and kept a Buy rating on October 16, 2026. The next results date for Owens Corning stock is November 4, 2026.

Analyst view and operating results

Wells Fargo set a USD 125.00 target on October 16, 2026.
Second-quarter revenue reached USD 2.76 billion and net profit reached USD 226.0 million.
Owens Corning is scheduled to report third-quarter results on November 4, 2026.

OC, US6907421019, Illustration mit AI erstellt.

Owens Corning (ISIN US6907421019) faces a lower Wells Fargo target of USD 125.00 after the bank kept a Buy rating in its October 16, 2026 report. The next quarterly release gives investors a near-term test of whether second-quarter earnings resilience can continue.

Wells Fargo lowers its target

According to Markets Insider on October 16, 2026, Wells Fargo lowered its price target from USD 150.00 to USD 125.00 while assigning a Buy rating. The target is 7.31 percent above the last available primary-market price of USD 116.49 on October 22, 2026 at 4:00 p.m. ET on the New York Stock Exchange.

The target revision matters because the company entered the next reporting cycle with mixed operating evidence. Markets Insider reported that second-quarter 2026 revenue was USD 2.76 billion, versus USD 2.75 billion in the prior-year quarter, while net profit fell to USD 226.0 million from USD 363.0 million.

Three dated markers for OC

Owens Corning reported second-quarter 2026 revenue of USD 2.76 billion on August 5, 2026, declared a USD 0.79 quarterly dividend on September 17, 2026, and received the Wells Fargo target update to USD 125.00 on October 16, 2026. The reported figures and dividend were presented on the company's investor-relations page, while the target action was reported by Markets Insider.

What comes next for earnings

Owens Corning scheduled its third-quarter 2026 results for November 4, 2026, before the New York Stock Exchange opens, followed by a call at 9:00 a.m. ET. The company also scheduled a USD 0.79 dividend payment for November 5, 2026, according to its investor-relations page.

Market value and primary quote

Owens Corning had a market capitalization of USD 9.2 billion as of October 22, 2026. Its primary-market 52-week range was USD 97.53 to USD 159.91 on the same quote snapshot, leaving the USD 116.49 last price between those boundaries. The company describes its business as roofing, insulation and doors for residential markets in North America and Europe.

The last available primary-market price was USD 116.49 on October 22, 2026 at 4:00 p.m. ET on the New York Stock Exchange. The further course of trading is shown by the continuously updated real-time quote of Owens Corning stock.