Freedom Broker cuts Taylor Devices stock target to USD 65

Published on 10/16/2026 at 00:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Freedom Broker cut the target for Taylor Devices stock to USD 65 on October 13, 2026. Q1 sales were USD 7.30 million against a USD 55.20 million backlog.

Demand and estimates diverge

Freedom Broker cut its target from USD 70 to USD 65 on October 13, 2026.
Fiscal 2027 first-quarter sales fell to USD 7.30 million from USD 9.92 million.
Taylor Devices had a USD 174.7 million market capitalization as of October 15, 2026.

TAYD, US8771631053, Illustration mit AI erstellt.

Taylor Devices (US8771631053) faces a cut in Freedom Broker's price target to USD 65 from USD 70, according to Investing.com on October 13, 2026. The broker also downgraded the shares from Buy to Hold after Taylor Devices reported a weak first quarter.

Quarterly results reset expectations

PR Newswire reported on October 2, 2026, that fiscal 2027 first-quarter sales fell to USD 7,300,239 from USD 9,918,350 a year earlier. Net earnings dropped to USD 456,933 from USD 2.19 million, while earnings per share declined to USD 0.14 from USD 0.70.

The comparison with expectations was also unfavorable. Taylor Devices delivered USD 7.30 million in quarterly revenue against a USD 13.10 million consensus estimate, while earnings per share came in at USD 0.14 versus USD 0.92 expected, according to MarketBeat.

What does the backlog mean for earnings?

The order book offers a counterweight to the weak quarter. The company said its firm backlog reached USD 55.20 million for fiscal 2027 first quarter, up from USD 52.80 million at fiscal 2026 year-end, a USD 2.40 million increase. Management attributed the earnings pressure primarily to delayed sales recognition after orders arrived late in the prior fiscal fourth quarter.

Three dated signals for TAYD

On August 20, 2026, Freedom Broker raised its target from USD 67 to USD 70, according to MarketBeat. On October 2, 2026, Taylor Devices reported USD 7.30 million in first-quarter sales and a USD 55.20 million backlog. On October 13, 2026, Freedom Broker cut the target to USD 65 and moved its rating to Hold.

Market value and operating profile

Taylor Devices had a USD 174.7 million market capitalization as of October 15, 2026. Its 52-week trading range was USD 40.50 to USD 90.37 on that date. The company designs shock absorption, vibration isolation and energy storage products for aerospace, defense, structural construction and industrial applications.