JPMorgan cuts target for Cadre Holdings stock to USD 35.00

Published on 10/14/2026 at 01:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cadre posted USD 207.13 million revenue in the second quarter, up 31.84 percent year over year. Cadre Holdings stock has a USD 35.00 target.

Analyst reset and reporting date

JPMorgan reduced its Cadre target from USD 45.00 to USD 35.00 on October 13, 2026.
Cadre reported USD 207.13 million revenue in the second quarter of 2026.
Cadre's next earnings date is November 3, 2026.

CDRE, US12763L1052, Illustration mit AI erstellt.

Cadre Holdings (ISIN US12763L1052) faces a lower JPMorgan valuation after the bank cut its target from USD 45.00 to USD 35.00 on October 13, 2026. According to Transcript Daily, JPMorgan kept its Overweight rating despite the lower target. The move puts the analyst view closer to Cadre's recent operating evidence, which combines rapid sales growth with lower quarterly net income.

Three milestones shaped the stock

On July 21, 2026, Cadre declared a quarterly cash dividend of USD 0.10 per share, equal to USD 0.40 on an annualized basis, according to MarketMinute.

Cadre then reported second-quarter 2026 revenue of USD 207.13 million on August 5, 2026, compared with USD 157.11 million in the same quarter of 2025. That represents growth of 31.84 percent, while net income declined from USD 12.21 million to USD 11.41 million, according to MarketMinute. The contrast matters: sales momentum remained strong, but profitability did not keep pace.

What does the target cut change?

JPMorgan's new USD 35.00 target is USD 10.00 below its previous view, a reduction of 22.22 percent. The bank still rates Cadre Overweight, showing that the adjustment is a lower valuation framework rather than a change to a negative rating, as MarketBeat reported on October 13, 2026.

Cadre's market capitalization stood at USD 1.1 billion as of October 13, 2026. Its products include body armor, protective equipment, duty gear, holsters, tactical equipment and bomb-disposal products for law enforcement, military and public-safety customers.

Next report arrives November 3

Cadre's next earnings date is November 3, 2026, according to GetSignal. The release will give investors a new test of whether the USD 207.13 million quarterly revenue base can translate into stronger net income after the second-quarter margin pressure.