Why Newell Brands Stock Keeps Rising
Key Points
Tariff refunds helped Newell Brands deliver second-quarter profits that were sharply higher than Wall Street expected.
Much more gains could lie ahead for shareholders.
- 10 stocks we like better than Newell Brands ›
Shares of Newell Brands (NASDAQ: NWL) furthered their recent rally on Monday, as analysts grow more bullish on the Sharpie maker's turnaround prospects.
Image source: Getty Images.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
A return to growth
Newell Brands' second-quarter net sales rose 3% year-over-year to $2 billion. That marked the first time in more than four years that the company generated positive sales growth.
Core sales, which exclude the impact of acquisitions, divestitures, and foreign-currency fluctuations, grew 2.3%.
"The improvement was broad-based across the portfolio and reflects stronger innovation, higher levels of advertising and promotional support, and vastly improved go-to-market capabilities we have built over the past several years," CEO Chris Peterson said.
Tariff refunds helped to further boost Newell Brands' profits. Its adjusted operating income jumped 56% to $324 million, while its adjusted earnings per share climbed 75% to $0.42.
Management also lifted its full-year earnings per share guidance to between $0.73 and $0.77, up from a prior forecast of $0.56 to $0.60.
Analysts see more gains ahead
The results prompted Canaccord Genuity to reiterate its buy rating on Newell Brands' stock and boost its share price target from $9 to $11.
The investment bank's new price forecast indicates potential gains of more than 70% for investors buying shares today.
Should you buy stock in Newell Brands right now?
Before you buy stock in Newell Brands, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Newell Brands wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $386,727!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,232,139!*
Now, it’s worth noting Stock Advisor’s total average return is 906% — a market-crushing outperformance compared to 208% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of August 3, 2026.
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Recommended Articles
