Zoetis stock falls as TD Cowen cuts its target

Published on 09/22/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TD Cowen lowered Zoetis stock to USD 94 from USD 104 on August 25, 2026. Zoetis posted Q2 2026 revenue of USD 2.47 billion and EPS of USD 1.87.

ZTS, US98978V1035, Illustration mit AI erstellt.

Zoetis stock (US98978V1035) traded at USD 70.61 on September 21, 2026, after touching a new 52-week low of USD 70.54 and closing at USD 71.40 the prior session. TD Cowen cut its price target to USD 94 from USD 104 on August 25, 2026, while keeping a Buy rating, according to Yahoo Finance.

Q2 numbers still matter

Zoetis reported second-quarter 2026 revenue of USD 2.47 billion and adjusted EPS of USD 1.87, with the company beating the consensus estimate of USD 1.85 by USD 0.02, according to MarketBeat. Revenue was below the USD 2.50 billion forecast cited in the same report, and the company kept FY 2026 guidance at EPS of USD 6.15 to USD 6.25.

Trading near the floor

The same MarketBeat report said the shares traded as low as USD 70.54 on September 21, 2026, on volume of 434,683 shares, while Yahoo Finance showed a 52-week range of USD 70.26 to USD 148.79, market cap of USD 29.475 billion and prior close of USD 71.40. For investors, the gap between the current price and the 52-week high is now the key chart reference.

What comes next

The next earnings date is November 3, 2026, according to Yahoo Finance, which also listed EPS (TTM) at USD 6.13. Zoetis stock closes this report on the latest available quote of USD 70.61 as of September 21, 2026.