Analyst Consensus ?
ConsensusHold35 ratings
Bullish1645.7%
Neutral1748.6%
Bearish25.7%
1 unmapped firm rating excluded from the percentages.
Stanley Black & Decker, Inc. · SWK · FY2025 Q3 · Calendar Q4 2025
SWK: Margin recovery advances as volume stays soft
The quarter supports a mixed view: margin recovery and cost savings provide evidence for operating improvement, while flat revenue, volume softness, and lowered guidance sentiment weaken the case for durable earnings growth. The supplied evidence does not establish a clear next-year demand acceleration.
Reported Before market openNYSEIndustrials
$13.79B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.43
Consensus $1.25
EPS surprise
+14.4%
Reported versus consensus
Reported revenue
$3.76B
Consensus $3.76B
Revenue surprise
-0.1%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+0.4%
Event window
SPY move
-1.2%
Same window
Abnormal move
+1.6%
Stock minus SPY
Volume
1.9×
Versus trailing sessions
Subsequent drift
+8.9%
Up to 20 sessions
SWKSPY benchmark
Ask FN2 about SWK FY2025 Q3
Transcript, numbers and history already loaded
Why did SWK rise 0.4% after beating EPS estimates in FY2025 Q3?What changed in SWK's guidance and outlook in FY2025 Q3?Give me the bull and bear case for SWK after FY2025 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, the current analysis showed higher adjusted gross margin and cumulative cost savings, but revenue remained pressured by weak volume. Management continued to emphasize pricing, supply-chain changes, and brand investment while adding concerns around inventory, tariffs, and consumer demand.
Guidance delta
Guidance sentiment was lowered versus the prior quarter; management still targeted 35%+ adjusted gross margin by 2026.
Key takeaways
- Q3 revenue was flat year over year as price increases offset volume weakness.
- Adjusted gross margin rose to 31.6%, while the cost-reduction program reached $1.9 billion of savings to date.
- Management highlighted DEWALT brand investment, supply-chain reshoring, and aerospace demand.
- Tariffs, inventory, consumer DIY demand, and the housing outlook remain key risks.
Management priorities
- Execute the $2 billion cost-reduction transformation
- Continue brand activation and more than $100 million of growth investments
- Shift more U.S. supply away from China
- Use platforming to improve product-development efficiency
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$91.34Current
$80Low
$121.26Average
$248High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 4, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Sep 11, 2026 |
| Citigroup | Buy | Buy | Maintain | Jul 31, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | May 29, 2026 |
| JP Morgan | Underweight | Underweight | Maintain | May 1, 2026 |
| Baird | Neutral | Neutral | Maintain | Apr 21, 2026 |
| Barclays | Overweight | Overweight | Maintain | Apr 1, 2026 |
| UBS | Buy | Buy | Maintain | Jan 5, 2026 |
| Wolfe Research | Peer Perform | Underperform | Upgrade | Jul 8, 2025 |
| Mizuho | Outperform | Neutral | Upgrade | Dec 19, 2024 |
| Goldman Sachs | Neutral | Neutral | Maintain | Oct 10, 2024 |
| Zelman & Assoc | Buy | Hold | Upgrade | Aug 18, 2023 |
| Deutsche Bank | Hold | Hold | Maintain | Apr 12, 2023 |
| Credit Suisse | Neutral | Neutral | Maintain | Feb 6, 2023 |
| Longbow Research | Neutral | Buy | Downgrade | Feb 3, 2023 |
| Vertical Research | Hold | Buy | Downgrade | Jul 29, 2022 |
| B of A Securities | Underperform | Underperform | Maintain | Mar 9, 2022 |
| Gabelli & Co. | Buy | Hold | Upgrade | Jun 17, 2021 |
| Nomura Instinet | Buy | Buy | Maintain | May 4, 2020 |
| Nomura | Buy | Buy | Maintain | May 4, 2020 |
| Buckingham Research | Neutral | Neutral | Maintain | Jan 31, 2020 |
| Buckingham | Neutral | Neutral | Maintain | Jan 31, 2020 |
| Bank of America | Buy | Underperform | Upgrade | Nov 14, 2019 |
| Zelman | Hold | Buy | Downgrade | Oct 25, 2019 |
| Keybanc | Overweight | Downgrade | Sep 18, 2019 | |
| Macquarie | Outperform | Outperform | Maintain | Sep 6, 2018 |
| Argus | Hold | Buy | Downgrade | May 5, 2018 |
| MKM Partners | Buy | Buy | Maintain | Jan 25, 2018 |
| FBR Capital | Buy | Buy | Maintain | Oct 25, 2017 |
| Wunderlich Securities | Buy | Buy | Maintain | Oct 27, 2016 |
| Wunderlich | Buy | Buy | Maintain | Oct 27, 2016 |
| Susquehanna | Positive | Positive | Maintain | Apr 14, 2016 |
| Imperial Capital | In Line | In Line | Maintain | Jan 29, 2016 |
| Argus Research | Hold | Buy | Downgrade | May 30, 2013 |
| CLSA | Buy | Buy | Maintain | Feb 26, 2013 |
| Janney Capital | Neutral | Neutral | Maintain | Dec 20, 2012 |
| Raymond James | Market Perform | Outperform | Downgrade | Oct 18, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $91.34. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Wells Fargo | Analyst unavailable | $95 | $89.23 | +4.0% | Sep 11, 2026 |
| Morgan Stanley | Analyst unavailable | $96 | $101.44 | +5.1% | Aug 10, 2026 |
| Goldman Sachs | Joe Ritchie | $93 | $93.05 | +1.8% | Jul 29, 2026 |
| Morgan Stanley | Christopher Snyder | $84 | $79.76 | -8.0% | May 28, 2026 |
| Robert W. Baird | Analyst unavailable | $84 | $75.89 | -8.0% | Apr 30, 2026 |
| Robert W. Baird | Timothy Wojs | $82 | $75.12 | -10.2% | Apr 21, 2026 |
| Morgan Stanley | Analyst unavailable | $87 | $87.29 | -4.8% | Feb 23, 2026 |
| Goldman Sachs | Joe Ritchie | $84 | $85.57 | -8.0% | Feb 5, 2026 |
| Barclays | Analyst unavailable | $100 | $84.63 | +9.5% | Feb 5, 2026 |
| Wells Fargo | Joseph O'Dea | $82 | $82.9 | -10.2% | Jan 14, 2026 |
| UBS | Analyst unavailable | $98 | $77.34 | +7.3% | Jan 5, 2026 |
| Robert W. Baird | Timothy Wojs | $85 | $75.24 | -6.9% | Dec 23, 2025 |
| Morgan Stanley | Analyst unavailable | $88 | $76.02 | -3.7% | Dec 22, 2025 |
| Morgan Stanley | Christopher Snyder | $80 | $65.38 | -12.4% | Oct 14, 2025 |
| Jefferies | Jonathan Matuszewski | $86 | $74.54 | -5.8% | Aug 18, 2025 |
| Goldman Sachs | Analyst unavailable | $80 | $67.77 | -12.4% | Jul 30, 2025 |
| Robert W. Baird | Timothy Wojs | $65 | $58.94 | -28.8% | May 1, 2025 |
| Wells Fargo | Joseph O'Dea | $60 | $58.94 | -34.3% | May 1, 2025 |
| Wells Fargo | Joseph O'Dea | $90 | $81.65 | -1.5% | Jan 7, 2025 |
| Goldman Sachs | Joe Ritchie | $94 | $93.87 | +2.9% | Oct 30, 2024 |
| Morgan Stanley | Jonathan Sakraida | $115 | $96.64 | +25.9% | Sep 10, 2024 |
| Morgan Stanley | Chris Snyder | $107 | $98.36 | +17.1% | Sep 6, 2024 |
| Robert W. Baird | Timothy Wojs | $94 | $106.05 | +2.9% | Jul 31, 2024 |
| Wells Fargo | Joseph O'Dea | $110 | $106.05 | +20.4% | Jul 31, 2024 |
| Robert W. Baird | Timothy Wojs | $80 | $86.95 | -12.4% | Jul 22, 2024 |
| Morgan Stanley | Julian Mitchell | $86 | $86.99 | -5.8% | Jun 4, 2024 |
| Barclays | Julian Mitchell | $107 | $95.46 | +17.1% | Apr 2, 2024 |
| Barclays | Julian Mitchell | $105 | $95.32 | +15.0% | Jan 31, 2024 |
| Morgan Stanley | Dan Oppenheim | $125 | $101.64 | +36.9% | Aug 15, 2022 |
| Wells Fargo | Joseph O'Dea | $105 | $97.33 | +15.0% | Aug 1, 2022 |
| Morgan Stanley | Joshua Pokrzywinski | $137 | $114.53 | +50.0% | Jun 6, 2022 |
| Morgan Stanley | Analyst unavailable | $150 | $126.44 | +64.2% | Apr 29, 2022 |
| Citigroup | Analyst unavailable | $110 | $125.83 | +20.4% | Apr 29, 2022 |
| Wells Fargo | Analyst unavailable | $158 | $127.78 | +73.0% | Apr 29, 2022 |
| Robert W. Baird | Timothy Wojs | $188 | $126.9 | +105.8% | Apr 29, 2022 |
| Credit Suisse | Daniel Oppenheim | $165 | $140.92 | +80.6% | Apr 10, 2022 |
| Barclays | Julian Mitchell | $180 | $141.6 | +97.1% | Apr 5, 2022 |
| Bank of America Securities | Ross Gilardi | $140 | $148.4 | +53.3% | Mar 16, 2022 |
| UBS | Markus Mittermaier | $248 | $173.47 | +171.5% | Feb 2, 2022 |
| Deutsche Bank | Nicole Deblase | $223 | $187.17 | +144.1% | Jan 10, 2022 |
| Wolfe Research | Nigel Coe | $246 | $192.86 | +169.3% | Jul 28, 2021 |
Track every rating change on SWK the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationStanley Black & Decker, Inc. (SWK) is a global enterprise primarily engaged in two core business segments: Tools & Storage and Industrial operations. Its geographical footprint extends across the United States, Canada, the wider Americas region, France, the rest of Europe, and Asia. The Tools & Storage segment provides a comprehensive array of products catering to both professional and consumer markets. For professionals, offerings include high-grade corded and cordless electric power tools, essential equipment, pneumatic tools, and fastening solutions. Consumers can access corded and cordless electric power tools, notably under the BLACK+DECKER brand, alongside lawn and garden equipment, related accessories, various home products, hand tools, power tool accessories, and storage units. This division distributes its merchandise through a diverse network comprising retailers, distributors, and dealers, supplemented by a direct sales force.…
Historical context
All SWK earningsIndustrials peers this season
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Latest beats and misses
Who reports nextBeat on EPS
- ACNFY2026 Q4 · October 1, 2026+3.5% EPS+15.8% move
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- NKEFY2027 Q1 · October 1, 2026+10.0% EPS-0.7% move
- CAGFY2027 Q1 · September 30, 2026+44.4% EPS-4.9% move
- FDSFY2026 Q4 · September 30, 2026+3.9% EPS+3.8% move
- JBLFY2026 Q4 · September 30, 2026+8.1% EPS-10.0% move
Get the SWK recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-10-04T20:30:39.679216+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-04T20:30:39.676502+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-04. For educational purposes only; not investment advice.