Spectrum Brands Holdings, Inc.
SPB · NYSE
Analyst ratings
strong_buy · 4 ratings
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| July 8, 2026 | Wells Fargo | Maintains | Equal-Weight | $85.00 |
| June 17, 2026 | Canaccord Genuity | Maintains | Buy | $99.00 |
| May 8, 2026 | Canaccord Genuity | Maintains | Buy | $100.00 |
| February 6, 2026 | RBC Capital | Maintains | Outperform | $85.00 |
| February 6, 2026 | Oppenheimer | Maintains | Outperform | $85.00 |
| February 6, 2026 | Wells Fargo | Maintains | Equal-Weight | $80.00 |
| February 3, 2026 | RBC Capital | Reiterates | Outperform | $75.00 |
| November 17, 2025 | Canaccord Genuity | Maintains | Buy | $84.00 |
| November 14, 2025 | Wells Fargo | Maintains | Equal-Weight | $62.00 |
| September 25, 2025 | Wells Fargo | Maintains | Equal-Weight | $55.00 |
Valuation and price target divergence
Canaccord Genuity's Brian McNamara set a price target of $99.00, while analysts from Wells Fargo, Oppenheimer, and RBC Capital clustered around $80–$85, reflecting confidence in Spectrum Brands' underlying business value and recovery potential over the next 12 months.
Scotiabank's Ben Isaacson and TD Cowen's Aaron Macneil issued dramatically lower price targets of $8.50 and $7.00, respectively, signaling deep skepticism about Spectrum Brands' near-term prospects and suggesting the stock may be fundamentally overvalued at current levels.
Cost control and EBITDA growth outlook
Spectrum Brands has guided for mid-to-high single-digit adjusted EBITDA growth in fiscal 2025, supported by e-commerce expansion and tariff mitigation strategies. Seeking Alpha analysis titled 'Worst Is Likely Behind' reiterates a buy view, suggesting operational improvements are gaining traction.
Multiple Seeking Alpha analyses, including 'Waiting For Cost Control' and 'The Market Is Right To Be Skeptical,' highlight persistent concerns that Spectrum Brands has yet to demonstrate convincing expense discipline, casting doubt on whether EBITDA targets are achievable without further restructuring.
Near-term stock price trajectory and technical momentum
Short- and long-term moving averages both issued buy signals, with a pivot bottom buy signal triggered in June 2025 leading to a 15%+ rally. Rising volume alongside price gains is viewed as a constructive technical signal supporting further upside for SPB shares.
Despite short-term positive signals, technical models forecast a -15% decline over the next three months, with a 90% probability that the stock trades between $40.16 and $50.71. The stock remains in a broader falling trend, and resistance near $61.88 limits near-term upside.