Spectrum Brands Gets a 'Moderate Buy' — But Analysts See a 2% Drop

Wednesday, Aug 5, 2026 1:28 am ET1min read
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Aime RobotAime Summary

- Wall Street analysts rate Spectrum BrandsSPB-- as "Moderate Buy" with a $87.00 average price target, predicting a 2.03% near-term downside.

- Q2 2026 results show $708.90M revenue and $22.10M net income, but lack specific Q3 financial projections or corporate updates.

- The stock underperforms consumer staples861074-- peers averaging "Hold," with no recent news on products, M&A, or CEO activity to drive momentum.

Forward-Looking Analysis

Wall Street analysts have issued a consensus "Moderate Buy" rating for Spectrum BrandsSPB-- based on six recent ratings, comprising three buy and three hold recommendations. The average twelve-month price target stands at $87.00, with a high of $99.00 and a low of $81.00. This consensus implies a forecasted downside of -2.03% from the current price of $88.80. Analysts covering the stock include Canaccord Genuity Group, Deutsche Bank Aktiengesellschaft, Weiss Ratings, and Wells Fargo & Company. While the stock holds a "Moderate Buy" rating, it trails the "Hold" average consensus of its consumer staples competitors. The provided data does not contain specific projections for 2026Q3 revenue, net income, or EPS, nor does it detail specific analyst upgrades or downgrades beyond the aggregate rating scores. Consequently, precise earnings estimates and targeted financial metrics for the upcoming quarter are not available in the source material.

Historical Performance Review

Spectrum Brands reported 2026Q2 revenue of $708.90 million, with gross profit reaching $270.30 million. Net income for the quarter was $22.10 million, translating to an earnings per share (EPS) of $0.95. These figures reflect the company's operational performance leading into the third quarter.

Additional News

The provided source content does not contain specific recent news regarding Spectrum Brands' company movements, new products, mergers and acquisitions, or CEO activities. The text primarily focuses on analyst ratings, price targets, and general market commentary unrelated to specific corporate announcements. Therefore, no recent earning-related news or operational updates can be extracted for this section.

Summary & Outlook

Spectrum Brands demonstrates solid historical financial health with $708.90 million in Q2 revenue and $22.10 million in net income. However, the near-term outlook appears cautious, evidenced by a consensus "Moderate Buy" rating that still predicts a 2.03% downside from current levels. The stock underperforms its sector peers, which average a "Hold" rating. Without specific Q3 earnings projections in the available data, the stance remains neutral-to-bearish regarding immediate price appreciation, driven by analyst price target mismatches rather than fundamental deterioration.

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