Wesco's Q3 Results Bolster Buy Rating and Price Target Increase

Loop Capital has raised Wesco's price target to $235 from $220 and maintained a Buy rating after the company's strong Q3 results and updated guidance. The firm expects earnings to improve beyond Wesco's revised 2025 EPS projections due to recovery in demand and potential benefits from future pricing actions. Wesco is a leading distributor of electrical, networking, security, and utility equipment with a market capitalization of $10.17 billion.

Loop Capital has raised Wesco International's price target to $235 from $220, maintaining a "Buy" rating following the company's robust Q3 results and updated guidance [1]. The firm expects earnings to improve beyond Wesco's revised 2025 EPS projections, driven by a recovery in demand and potential benefits from future pricing actions. Wesco International, a leading distributor of electrical, networking, security, and utility equipment, reported a market capitalization of $10.17 billion as of July 2, 2025 [2].

Financial Performance

Wesco International reported its second-quarter earnings for 2025, exceeding Wall Street expectations with an adjusted EPS of $3.39, slightly above the forecast of $3.36 [3]. The company also reported revenue of $5.9 billion, surpassing the expected $5.82 billion. Despite these positive financial results, Wesco's stock fell by 1.74% in pre-market trading, reflecting some investor concerns or profit-taking.

Analyst Ratings and Price Targets

The consensus rating for Wesco International is currently a "Moderate Buy," with an average price target of $220.11 [1]. Other analysts have mixed ratings on the stock, with Stephens downgrading it to "equal weight," while KeyCorp increased their price target from $210.00 to $240.00 with an "overweight" rating [1]. Oppenheimer lowered their price objective on Wesco from $225.00 to $195.00 and set an "outperform" rating for the company [1]. Raymond James Financial reissued a "strong-buy" rating and set a $240.00 target price (up previously from $230.00) on shares of Wesco International [1].

Market Outlook

Wesco International's shares are down 6.7% from a week ago, reflecting some investor concerns or profit-taking following the earnings report [2]. The company's 50-day moving average price is $188.80 and its 200-day moving average price is $175.93. The firm has a market cap of $10.18 billion, a PE ratio of 16.33, a P/E/G ratio of 1.57, and a beta of 1.84 [1].

References

[1] https://www.marketbeat.com/instant-alerts/wesco-international-nysewcc-price-target-raised-to-20500-at-jpmorgan-chase-co-2025-08-04/
[2] https://finance.yahoo.com/news/wesco-international-second-quarter-2025-150014472.html
[3] https://www.investing.com/news/transcripts/earnings-call-transcript-wesco-q2-2025-reports-earnings-beat-stock-dips-93CH-4164157