Wolverine World Wide (WWW) is covered by roughly ten to eleven sell-side analysts, though a handful carry ratings without a numeric target. Reviewing the individual, attributable price targets yielded nine usable figures spanning a wide range from $19 (Piper Sandler) to $31 (UBS), with firms including Stifel ($26), Seaport Global ($28), KeyBanc ($25), Needham ($24), Baird ($24), Telsey Advisory ($21), and Williams Trading ($20) in between.
Because the rounded mean of all nine targets is about $24, roughly 5% above the recent price and short of a meaningful 10% cushion, the central target used here is the average of the six targets that sit above the current price, which rounds to $26. For context, the overall mean of all valid targets is approximately $24, and the full range remains $19 to $31. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
The split in opinion is notable. Bulls, including UBS and Seaport, emphasize a durable brand-transformation story, while neutral and cautious voices such as Telsey, Piper Sandler, and Williams Trading point to dependence on non-recurring items and uneven brand performance. Recent rating actions underscore the tension: Needham initiated coverage with a Buy in early 2026, while BNP Paribas and Argus Research moved to Neutral/Hold in January 2026.
At roughly $22.87, the stock trades just below its 52-week high near $23.84 and well above its 52-week low around $14.00, reflecting a strong recovery over the past year. Reaching $26 would require a gain of about 13.7%, a substantial but not extreme move for a name that has already re-rated sharply.
The path depends on whether the company can sustain organic growth once a one-time IEEPA tariff refund, worth about $0.31 per share in the third quarter, drops out of results. Wolverine reported third-quarter revenue of $505.4 million, up 7.5%, with adjusted earnings per share (EPS) of $0.79, and raised full-year 2026 guidance to revenue of about $2.0 to $2.01 billion and adjusted EPS of $1.95 to $1.99. Continued execution at Saucony and Merrell would be central to justifying a higher valuation.
The core bull case rests on an operating turnaround that is now also a growth story. Management cited eight consecutive quarters of top-line growth, led by Saucony (up about 19%) and Merrell (up about 7%), with improving direct-to-consumer trends. Gross and operating margins have expanded, net debt fell roughly 26% year over year, and cash flow has improved, giving the company flexibility to invest in its brands.
Analysts raising targets have cited stronger earnings visibility, better balance-sheet health, and confidence in a mix shift toward higher-value footwear. A more favorable tariff or interest-rate backdrop, plus sustained brand momentum, could support further upward revisions and a higher average analyst price target.
The most immediate concern is quality of earnings. A meaningful portion of the third-quarter EPS beat came from a $35.3 million tariff refund that will not repeat, and the full-year outlook also benefits from it. Excluding refunds, growth is solid but more modest. Sweaty Betty revenue fell about 7% and the Wolverine work-boot brand declined roughly 4%, illustrating that not every brand is participating in the recovery.
Broader risks include tariff and trade-policy uncertainty, softer consumer discretionary spending, promotional pressure in women's activewear, and valuation compression if the market questions the durability of the turnaround. A wide analyst range of $19 to $31 also signals genuine disagreement about how much the re-rating can extend.
The stock is testing a multi-month high just below $24, a level that doubles as both a psychological round number and near-term resistance. A sustained break above the 52-week high near $23.84 would clear an important hurdle on the way toward $26. On the downside, the $20 to $21 area, where the shares consolidated in recent months, marks a key support zone. The broader uptrend from the low-$14 level remains intact, but the wide 52-week range reflects elevated volatility.
Analyst price targets generally reflect a research horizon of about twelve months, though individual analysts may differ. Investors should watch the fourth-quarter report and any 2027 guidance, the trajectory of Saucony and Merrell growth excluding one-time items, progress on stabilizing Sweaty Betty and the Wolverine brand, and any tariff or trade-policy developments. Further analyst revisions, gross-margin trends, and balance-sheet metrics such as net debt will also help signal whether the $26 target remains credible.
In my view, Tickeron's AI Daily Buy/Sell Signals have become a useful part of my routine when reviewing names like this one. The tool applies artificial intelligence to scan thousands of stocks and ETFs, producing Buy, Sell, or Hold signals drawn from technical behavior and shifting market conditions. It helps me quickly compare signals across the sector and spot potential changes without replacing the fundamental work. I find it a practical complement when weighing whether the current setup aligns with the analyst picture.
The $26 central target is the average of the six analyst price targets above the current price, implying roughly 13.7% upside from about $22.87. It is supported by a genuine operating turnaround, margin expansion, and a cleaner balance sheet, but it is tempered by one-time refund benefits, uneven brand performance, and a wide $19-to-$31 analyst range. Whether the stock can reach $26 will likely hinge on sustaining organic growth into 2027 and convincing the market that the re-rating is durable, rather than dependent on non-recurring items. No outcome is guaranteed, and the target represents analyst expectations rather than a prediction of where the shares will trade.
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Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
The 10-day moving average for WWW crossed bullishly above the 50-day moving average on October 22, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 13 of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 90%.
The Momentum Indicator moved above the 0 level on October 15, 2026. You may want to consider a long position or call options on WWW as a result. In 78 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 82%.
The Moving Average Convergence Divergence (MACD) for WWW just turned positive on October 15, 2026. Looking at past instances where WWW's MACD turned positive, the stock continued to rise in 41 of 50 cases over the following month. The odds of a continued upward trend are 82%.
WWW moved above its 50-day moving average on October 29, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +5.44% 3-day Advance, the price is estimated to grow further. Considering data from situations where WWW advanced for three days, in 215 of 281 cases, the price rose further within the following month. The odds of a continued upward trend are 77%.
The Aroon Indicator entered an Uptrend today. In 188 of 227 cases where WWW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 83%.
The 10-day RSI Indicator for WWW moved out of overbought territory on November 05, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 22 similar instances where the indicator moved out of overbought territory. In 18 of the 22 cases, the stock moved lower in the following days. This puts the odds of a move lower at 82%.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 51 of 60 cases where WWW's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 85%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WWW declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 76%.
WWW broke above its upper Bollinger Band on November 02, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron PE Growth Rating for this company is 27 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 36 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 38 (best 1 - 100 worst), indicating steady price growth. WWW’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 45 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.897) is normal, around the industry mean (2.998). P/E Ratio (16.664) is within average values for comparable stocks, (12.296). Projected Growth (PEG Ratio) (0.220) is also within normal values, averaging (0.949). Dividend Yield (0.019) settles around the average of (0.057) among similar stocks. P/S Ratio (0.812) is also within normal values, averaging (1.162).
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. WWW’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a footwear manufacturer
Industry WholesaleDistributors