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Market open · Delayed intraday data · 3:15 PM ET
Last update: Nov 11, 2026, 3:11 PM ET
Watsco, Inc.
$314.86▲ 1.09% today
Market Open

Why Watsco, Inc. (WSO) stock moved

Updated Nov 11, 2026

Watsco, Inc. (WSO) shares rose 1.1% to $314.86 as of November 11, 2026, a modest gain from the prior close of $311.47. BestStocks flagged the session as a major change for WSO. The move is tied to a new SEC filing. Below, we break down what changed for WSO, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

SEC Filing

Watsco, Inc. (WSO) filed a new 10-Q on 2026-11-06, disclosing quarterly financial results and operational updates. WSO earnings scheduled for 2027-02-16 with consensus EPS estimate of $1.85.

This summary describes the catalyst and move as first detected on Nov 6, 2026, 4:43 PM EST; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
FilingsWeak confidence
Rel. volume
0.4×
Below Avg
Vs peers
—
No comparable peers
Market cap
$13.1B
New York Stock Exchange
Analyst target
$353
+12.2% vs price
Price chart
Oct 12 – Nov 11
FEVVNNFF$286$307$328Oct 12Oct 20Oct 27Nov 4Nov 11
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Watsco, Inc. investors

For Watsco, Inc. investors, the recent signals are mixed, leaving the near-term picture neutral / mixed. On the constructive side: Positive 1.1% session move; Positive price momentum. Weighing against that: Watsco filed an 8-K material event report today alongside a confirmed earnings report, triggering a 5.72% intraday decline to $301.71; Watsco reported earnings and filed a material event (8-K) today, triggering a sharp 15.40% intraday decline to $310.93 from $367.51. Wall Street's consensus price target sits at $353.33, implying +12.2% upside from $314.86. BestStocks rates the overall signal quality weak (34/100). With earnings roughly 97 days out, the next report is the most likely near-term test of the move.

WSO price reaction

WSO last traded at $314.86, up $3.39 (+1.09%) from the previous close of $311.47. The session traded on 0.4× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $286.32 and $327.04, and it currently sits about 70% of the way up that band.

Bullish and bearish analyst opinions on Watsco, Inc. (WSO)

The consensus analyst price target on Watsco, Inc. (WSO) is $353.33, 12.2% above the recent $314.86. Over the past 90 days analysts logged 0 upgrades, 3 maintains, and 0 downgrades. Here is how the bullish and bearish cases on WSO line up.

The bullish case

  • Wall Street's consensus price target of $353.33 implies +12.2% upside from $314.86.
  • The Street's most bullish target is $400.00 (+27.0%).
  • Positive 1.1% session move.
  • Positive price momentum.

The bearish case

  • Watsco filed an 8-K material event report today alongside a confirmed earnings report, triggering a 5.72% intraday decline to $301.71.
  • Watsco reported earnings and filed a material event (8-K) today, triggering a sharp 15.40% intraday decline to $310.93 from $367.51.
  • WSO fell 2.73% to $405.34 intraday on July 1, 2026, the same day Watsco's board declared a $3.30 quarterly dividend on common and Class B shares.
Bull vs bear balanceNeutral / Mixed
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is roughly balanced, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Nov 11, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $353+12.2%
= 3 maintains
Mizuho maintained Neutral · 2026-10-15
SEC filings watch
10-Q2026-11-06
Quarterly financial results
medium
8-K2026-10-27
Material event — review for impact
high
8-K2026-10-27
Material event — review for impact
high
8-K2026-10-14
Material event — review for impact
high
Peer context
WSO+1.1%

Previous notable changes for WSO

Material / Earnings2026-10-27-1.4%
Watsco, Inc. (WSO) moved +7.45% from $280.18 to $301.04 on 2026-10-27, the day it reported Q3 earnings. The company posted EPS of $3.77, missing consensus estimate of $4.13 by 8.72%, and reported record revenue of $2.22 billion (up 7.4% year-over-year). Gross profit margin contracted to 26.4% from 27.5% year-over-year, and operating income fell 4% to $225 million.
Valuation2026-10-27-1.4%via zacks.com ↗
Watsco reported Q3 earnings that missed Wall Street's profit expectations, with GAAP EPS of $3.77 falling 8.72% short of the $4.13 consensus estimate and down 5% year-over-year, according to Zacks and the web catalyst data. Gross margin contracted to 26.4% from 27.5% and operating income fell 4% despite record revenue of $2.22 billion. WSO shares fell 3.57% to $294.43 intraday on elevated volume of 567,488 shares (2.82x expected for this time of day).
Filings2026-10-27-1.4%
Watsco, Inc. (WSO) filed an 8-K on 2026-10-27. The filing content was not disclosed in available sources.
Activity2026-10-22+7.2%via defenseworld.net ↗
Watsco completed a $750 million unsecured senior credit facility (Globe Newswire), bolstering its financial flexibility and driving a 6.10% intraday gain to $323.63. The move comes despite Carnegie Investment Counsel lowering its holdings position, suggesting investor focus remains on the refinancing achievement. Volume at 1.56x normal for this time of session.
Upcoming catalysts & outlook
Next earnings
2027-02-16 (est.)
in 97 days
Earnings Release
2027-02-16
High impact
Thesis shift
Neutral / Mixed
bearish signal
Risk level
High
from change events

Frequently asked questions about WSO

Why did Watsco, Inc. (WSO) stock move?

WSO rose 1.1% to $314.86. The move coincided with the context summarized above, though no single company-specific catalyst was independently confirmed.

How much did WSO stock rise?

WSO gained 1.09% ($3.39) versus the prior close of $311.47, last trading at $314.86 on 0.4× average volume.

When is Watsco, Inc.'s next earnings date?

WSO's next earnings report is estimated for 2027-02-16 — about 97 days away.

What is the analyst price target for WSO?

The consensus analyst price target for WSO is $353.33, about 12.2% above the current $314.86. Over the past 90 days, analysts recorded 0 upgrades, 3 maintains, and 0 downgrades.

How BestStocks tracks WSO

This page is generated automatically by BestStocks' change-detection system after a new SEC filing was detected and verified against independent data sources. It draws on 20 tracked change events for WSO, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of November 11, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsCompany news feedsAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.