Spectrum Brands Holdings, Inc. (NYSE:SPB) is one of the
8 Best Small Cap US Stocks to Buy.
On May 8, 2026, Canaccord raised the firm’s price target on Spectrum Brands Holdings, Inc. (NYSE:SPB) to $100 from $94 and kept a Buy rating on the shares. The firm said Spectrum Brands delivered solid Q2 results, with sales coming in about 5% above consensus, while adjusted EBITDA and adjusted EPS were both roughly 23% ahead of expectations, led by strength in the Home & Garden segment.
A day earlier, Spectrum Brands Holdings, Inc. (NYSE:SPB) reported Q2 adjusted EPS of $1.25, versus the consensus estimate of $1.06. Revenue totaled $708.9M, versus the consensus estimate of $677.4M. Chairman and CEO David Maura said the company returned to top-line growth for the first time since the first quarter of fiscal 2025, supported by continued outperformance from key brands in the Global Pet Care and Home & Garden businesses, driven by innovation and distribution gains. Maura added that while Home & Personal Care sales declined, adjusted EBITDA improved due to actions taken over the past year, which management believes reinforces the effectiveness of its strategic initiatives.
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Spectrum Brands Holdings, Inc. (NYSE:SPB) said it now expects fiscal 2026 adjusted EBITDA growth in the low-to-mid single-digit range while maintaining its outlook for flat to low single-digit net sales growth. The company also said adjusted free cash flow is expected to equal approximately 50% of adjusted EBITDA.
Spectrum Brands Holdings, Inc. (NYSE:SPB) operates as a branded consumer products and home essentials company across North America, Europe, the Middle East, Africa, Latin America, and Asia-Pacific.
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