Workflow
Short - cycle rotation
icon
Search documents
Wolfe Research Remains Positive on WESCO International (WCC), Anticipates Modest Growth Next Year
Yahoo Finance· 2025-12-17 13:11
Core Insights - WESCO International, Inc. (NYSE:WCC) is highlighted as a strong investment opportunity, with an average price target suggesting a 15% upside and a Street high indicating a 17% upside [1] - Wolfe Research has maintained an Outperform rating on WESCO and increased the price target from $298 to $307, anticipating modest growth in 2026 supported by revenue traction and reduced interest rates [2] - WESCO reported a 12% sales growth for Q3 2025, with significant contributions from its Communications & Security Solutions and Electrical & Electronic Solutions segments [3] Financial Performance - For Q3 2025, WESCO achieved an 18% organic sales growth in the Communications & Security Solutions segment and a 12% growth in the Electrical & Electronic Solutions segment [3] - Data center sales reached $1.2 billion, reflecting a 60% year-over-year increase, marking a quarterly record for the company [3] - The company has raised its full-year 2025 organic sales growth outlook to 8%-9%, up from a previous guidance of 5%-7%, and forecasts adjusted EPS between $13.10 and $13.60 [4] Market Position - WESCO operates as a provider of business-to-business distribution, logistics, and supply chain services across the United States, Canada, and internationally [4]