Some Wall Street watchers are flashing a ‘caution’ signal on Whirlpool’s value and resulting stock price, amid the current tariff-driven turmoil flowing from on-again, off-again announcements from the White House. Bank of America lowered its price estimates, looking ahead at Whirlpool, as summarized in this post that tracks Whirlpool as part of the building products sector.
Bank of America has revised its price target for Whirlpool (WHR,) cutting it down to $67 from the previous $107, while maintaining an Underperform rating on the stock. The adjustment comes amid an evaluation of the broader building products sector, where BofA anticipates diminished renovation and remodeling expenditure, decelerated new construction activities, and possible tariff impacts. These factors have prompted the firm to lower its financial forecasts for 2025 and 2026 across the sector by approximately 4% and 6%, respectively.
On average, BofA’s reevaluation has resulted in a roughly 17% reduction in price targets for companies within this sector. The adjustments reflect the firm’s cautious outlook on the potential for growth and profitability in the current economic climate.
It should be emphasized that Bank of America is only one of many firms issuing Wall Street advice and opinions. Several other firms have left their future estimates untouched by the recent bumpy ride in the marketts.
WHR stock closed at $77.00 Monday, about $1.80 down on a day when many stocks lost ground.
The company’s quarterly Wall Street conference call is scheduled for Thursday morning, 8 am, after quarterly results are released after 4 pm Wednesday.
