Whirlpool (NYSE:WHR) Stock Price Target Cut by Citigroup

Key Points

• Citigroup cut Whirlpool’s price target from $32 to $30 while maintaining a neutral rating, implying roughly 10% upside from the stock’s $27.24 price.
• Analyst sentiment remains weak, with Whirlpool carrying an average “Reduce” rating and a $32.22 average price target; Stifel downgraded the stock to sell with a $20 target, while Wells Fargo and Goldman Sachs also lowered their targets.
• Whirlpool’s latest quarter underscored operational challenges: it reported a $0.21 loss per share versus expectations for $0.73 profit, revenue declined 8.8% year over year to $3.68 billion, and the stock traded near its 12-month low.

Whirlpool (NYSE:WHR - Get Free Report) had its price objective decreased by Citigroup from $32.00 to $30.00 in a report issued on Wednesday, Benzinga reports. The firm presently has a "neutral" rating on the stock. Citigroup's price target points to a potential upside of 10.14% from the company's current price.

Several other research firms also recently weighed in on WHR. Zacks Research downgraded shares of Whirlpool from a "hold" rating to a "strong sell" rating in a research report on Monday, October 5th. The Goldman Sachs Group decreased their price target on shares of Whirlpool from $41.00 to $35.00 and set a "neutral" rating for the company in a report on Tuesday. Stifel Nicolaus cut shares of Whirlpool from a "hold" rating to a "sell" rating and decreased their price target for the stock from $30.00 to $20.00 in a report on Wednesday. Wells Fargo & Company lowered their price objective on shares of Whirlpool from $30.00 to $24.00 and set an "equal weight" rating for the company in a research note on Wednesday. Finally, Longbow Research reissued a "neutral" rating on shares of Whirlpool in a report on Monday, October 19th. Eight research analysts have rated the stock with a Hold rating and five have issued a Sell rating to the company's stock. Based on data from MarketBeat, Whirlpool presently has an average rating of "Reduce" and an average price target of $32.22.

Whirlpool Stock Down 0.7%

NYSE:WHR traded down $0.18 during mid-day trading on Wednesday, hitting $27.24. 4,794,169 shares of the company's stock traded hands, compared to its average volume of 2,806,425. The company has a fifty day moving average of $33.33 and a 200 day moving average of $49.68. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.71 and a current ratio of 1.15. Whirlpool has a twelve month low of $25.50 and a twelve month high of $94.82. The company has a market capitalization of $1.78 billion, a P/E ratio of -12.55, a P/E/G ratio of 24.99 and a beta of 1.21.

Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings results on Monday, October 26th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.94). Whirlpool had a return on equity of 4.18% and a net margin of 1.17%. The business had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.93 billion. During the same period in the prior year, the business posted $2.09 EPS. Whirlpool's revenue was down 8.8% compared to the same quarter last year. On average, analysts forecast that Whirlpool will post 1.13 EPS for the current year.

Hedge Funds Weigh In On Whirlpool

A number of institutional investors have recently bought and sold shares of WHR. Primecap Management Co. CA acquired a new stake in Whirlpool during the 2nd quarter valued at approximately $141,801,000. RWWM Inc. increased its stake in shares of Whirlpool by 191.6% in the first quarter. RWWM Inc. now owns 2,422,618 shares of the company's stock worth $130,628,000 after acquiring an additional 1,591,849 shares during the period. Canada Pension Plan Investment Board acquired a new stake in shares of Whirlpool in the second quarter worth $61,003,000. Nykredit A S purchased a new position in shares of Whirlpool during the second quarter worth $51,953,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Whirlpool during the second quarter worth $24,601,000. 90.78% of the stock is owned by hedge funds and other institutional investors.

Whirlpool News Roundup

Here are the key news stories impacting Whirlpool this week:

• Positive Sentiment: Management reported sequential operational improvement, implemented structural cost reductions and announced additional price increases for its North American and Latin American appliance businesses. Whirlpool also maintained its approximately $300 million 2026 free-cash-flow target and expects year-end net debt below $4.5 billion. Whirlpool Corporation Announces Third-Quarter Results
• Positive Sentiment: Some analysts and investors see potential recovery value if cash flow improves, debt reduction continues and housing-related weakness eventually eases. However, this remains a longer-term thesis rather than a current earnings catalyst. Has Whirlpool Fallen Far Enough If Cash Flow Recovers?
• Neutral Sentiment: Institutional sentiment is mixed: 223 investors added WHR shares in the latest reported quarter while 265 reduced positions. This suggests some value-oriented buying, but it does not yet establish a clear consensus on the recovery.
• Negative Sentiment: Third-quarter ongoing EPS was a $0.21 loss versus a consensus profit of $0.73, while revenue fell 8.8% year over year to $3.68 billion, below the $3.93 billion estimate. GAAP diluted loss was $3.80 per share, compared with a $2.09 profit a year earlier. WHR Q3 Earnings Miss on Weak Demand and Cost Inflation
• Negative Sentiment: Whirlpool cut its 2026 outlook to approximately $14.5 billion in sales, a $4.95 GAAP loss per share and a $1.30 ongoing loss per share. Weak demand, raw-material and fuel inflation, and persistent housing-market pressure are weighing on profitability. Guidance Cut Could Be a Game Changer for Whirlpool Stock
• Negative Sentiment: Analysts turned more bearish following the results. Stifel cut its price target to $20, while BofA maintained an Underperform rating and a $25 target. A new $2 billion asset-based lending facility also highlights ongoing liquidity and refinancing risks. Whirlpool Price Target Cut to $20 as Stifel Turns Bearish

About Whirlpool

Whirlpool Corporation NYSE: WHR is a global manufacturer and marketer of home appliances. The company develops products designed for kitchens and laundry rooms, including refrigerators and freezers, cooking appliances, dishwashers, washing machines and dryers, and related household appliances.

Whirlpool sells products under a portfolio of well-known brands, including Whirlpool, Maytag, KitchenAid, JennAir and Amana. Its products are distributed through retailers, builders, distributors and other sales channels to residential customers in North America and international markets.

The company traces its history to 1911, when it was founded as the Upton Machine Company in Benton Harbor, Michigan.

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