Canaccord Genuity Lowers Price Target for Newell Brands to $9.00, Maintains "Buy" Rating

Canaccord Genuity has lowered its price target for Newell Brands (NWL) to $9.00, an 18.18% decrease from the previous target. The adjustment comes as the analyst maintains a "Buy" rating for the company. Newell Brands is a consumer goods company with a portfolio of brands including Rubbermaid, Sharpie, and Graco. The average one-year price target for NWL is $7.23 with an upside of 41.63% from the current price of $5.11.

Canaccord Genuity analyst Brian McNamara has maintained a "Buy" rating for Newell Brands (NWL), but has lowered the price target from $11.00 to $9.00, representing an 18.18% decrease from the previous target [1]. This adjustment reflects a cautious outlook amidst changing market conditions.

Newell Brands Inc. is an American consumer goods company with a portfolio of brands including Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial Products, Yankee Candle, Paper Mate, FoodSaver, Dymo, EXPO, Elmer's, Oster, NUK, Spontex, and Campingaz. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. Newell Brands reported in-line earnings for the second quarter, with adjusted earnings per share of 24 cents, in line with analyst consensus [2].

The recent earnings report highlighted a challenging macroeconomic environment, with core sales declining 4.4% year-over-year, reflecting softer underlying demand. The Home & Commercial Solutions segment reported net sales of $892 million, down from $962 million last year. Learning & Development segment sales were $809 million versus $813 million, reflecting a 0.5% core sales decline. The Outdoor & Recreation segment sales fell to $234 million from $258 million year-over-year [4].

Newell Brands now expects third-quarter adjusted EPS of 16 to 19 cents, below the 26-cent consensus. Its full-year 2025 adjusted EPS guidance was lowered to 66 to 70 cents from 70 to 76 cents, citing higher tariff-related inventory costs [2]. The company raised $1.25 billion via 8.50% senior unsecured notes due 2028, bolstering its liquidity position [4].

Based on the one-year price targets offered by 10 analysts, the average target price for Newell Brands Inc. (NWL) is $7.23 with a high estimate of $11.00 and a low estimate of $5.00. The average target implies an upside of 41.63% from the current price of $5.11 [1]. The consensus recommendation from 11 brokerage firms is currently 2.6, indicating "Hold" status [1]. GuruFocus estimates the GF Value for Newell Brands Inc. (NWL) in one year to be $7.78, suggesting an upside of 52.4% from the current price of $5.105 [1].

References:
[1] https://www.gurufocus.com/news/3032004/canaccord-genuity-lowers-price-target-for-newell-brands-nwl-to-900-nwl-stock-news
[2] https://www.benzinga.com/analyst-stock-ratings/price-target/25/08/46835298/these-analysts-cut-their-forecasts-on-newell-brands-following-q2-results
[4] https://finance.yahoo.com/news/tariffs-soft-demand-hit-paper-164850969.html