Whirlpool Corporation (WHR) shares fell more than 4% on the New York Stock Exchange on Monday, Oct. 19, 2026, and touched a new 52-week low after Longbow Research dropped its buy rating. The call came one trading day after Wells Fargo lowered its price target. No reason for either move has been made public.

Which analysts changed their view on Whirlpool?

Longbow Research analyst David MacGregor moved the stock from buy to neutral on Monday, according to a GuruFocus summary of the call. Wells Fargo kept its equal weight rating but lowered its price target to $30 from $39 on Friday, Oct. 16. Neither firm has published its full note.

How far did the stock fall?

The shares closed Friday at $27.89 and traded as low as $26.54 on Monday afternoon, per MarketBeat. Wells Fargo's new $30 target sits about 7.6% above Friday's close, as calculated by Trend & Ticker. The cut removes 23% from the bank's prior target.

What did Whirlpool report last quarter?

Second-quarter net sales fell 6.8% from a year earlier to $3.52 billion, the company said on Aug. 3. Ongoing earnings per share, which exclude one-time items, came to a loss of $0.21 against a profit of $1.34 a year before. GAAP earnings per share were $1.15. Whirlpool declared no common dividend in the quarter, after $1.75 per share in the same period of 2025.

Does the 2026 outlook still stand?

In August, management kept its full-year view of about $15 billion in net sales and ongoing earnings per share of $2.50 to $3.00. It also guided to free cash flow, the cash left after operating costs and capital spending, of more than $300 million. Through the first six months, free cash flow was negative $1.11 billion.

How much debt does Whirlpool carry?

The June 30 balance sheet showed $7.07 billion of debt against $1.24 billion of cash, based on Trend & Ticker filing data. That leaves net debt of about $5.83 billion, as calculated by Trend & Ticker. The company aims to bring net debt below $5.0 billion by year end, a reduction of roughly $830 million in six months.

Meeting the free cash flow guide requires more than $1.4 billion in the second half, as calculated by Trend & Ticker from the target of more than $300 million and the negative $1.11 billion recorded in the first half.