Wells Fargo Keeps Buy Rating on Barings BDC with $10 Price Target

Wells Fargo analyst Finian O'Shea maintains a Buy rating on Barings BDC with a price target of $10.00. The company's shares closed at $9.60 last Friday. The analyst consensus is a Moderate Buy with an average price target of $10.00. Barings BDC reported a quarterly revenue of $54.87 million and a net profit of $32.58 million for the quarter ending March 31.

Barings BDC (BBDC) reported its second-quarter earnings, with the company's shares closing at $9.60 last Friday. The company's quarterly earnings per share (EPS) were $0.28, surpassing the Zacks Consensus Estimate of $0.26 per share [1][2]. This represents a 7.69% earnings surprise, marking the first time in the last four quarters that Barings BDC has exceeded consensus EPS estimates [1][2].

Revenue for the quarter ended June 2025 was $74.4 million, surpassing the Zacks Consensus Estimate by 10.32% [1][2]. This compares to year-ago revenues of $74.89 million [1][2]. Over the past four quarters, the company has topped consensus revenue estimates three times [1][2].

Wells Fargo analyst Finian O'Shea maintains a Buy rating on Barings BDC with a price target of $10.00 [3]. The analyst consensus is a Moderate Buy with an average price target of $10.00 [3]. Despite the company's underperformance compared to the S&P 500 so far this year, analysts remain optimistic about the stock's future prospects.

The sustainability of Barings BDC's stock price movement will depend on management's commentary on the earnings call and future earnings expectations. Investors should also consider the company's earnings outlook, which includes current consensus earnings expectations for the coming quarters and how these expectations have changed lately [1][2].

Barings BDC shares have lost about 2.8% since the beginning of the year versus the S&P 500's gain of 7.9% [1][2]. The company's peers in the Financial - SBIC & Commercial Industry are currently in the bottom 42% of the 250 plus Zacks industries [1][2]. However, the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [1][2].

References

[1] https://www.nasdaq.com/articles/barings-bdc-bbdc-q2-earnings-and-revenues-surpass-estimates
[2] https://finance.yahoo.com/news/barings-bdc-bbdc-q2-earnings-232002942.html
[3] https://intellectia.ai/stock/BBDC