Market open · Delayed intraday data · 12:54 PM ET
Last update: Sep 9, 2026, 12:53 PM ET
Watsco, Inc.
$310.81 1.65% today
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Why Watsco, Inc. (WSO) stock moved

Updated Sep 9, 2026

Watsco, Inc. (WSO) shares fell 1.6% to $310.81 as of September 9, 2026, a modest decline from the prior close of $316.02. BestStocks flagged the session as a major change for WSO. The move is tied to price move up. 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

WSO fell 1.6% to $310.81

WSO fell 1.6% in its latest session, moving from $316.02 to $310.81.

Material / EarningsWeak confidence
Rel. volume
0.2×
Below Avg
Vs peers
No comparable peers
Market cap
$12.8B
New York Stock Exchange
Analyst target
$405
+30.3% vs price
Price chart
Aug 10 – Sep 9
VEEEV$302$315$327Aug 10Aug 17Aug 25Sep 1Sep 9
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 add up to a strong bearish shift. On the constructive side: Watsco, Inc. (WSO) moved +2.57% from $383.86 to $393.71 on 2026-07-13. Weighing against that: Material negative event; Negative session, down 1.6%. Wall Street's consensus price target sits at $405.00, implying +30.3% upside from $310.81. BestStocks rates the overall signal quality weak (35/100). With earnings roughly 49 days out, the next report is the most likely near-term test of the move.

WSO price reaction

WSO last traded at $310.81, down $5.21 (-1.65%) from the previous close of $316.02. The session traded on 0.2× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $302.29 and $326.71, and it currently sits about 35% 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 $405.00, 30.3% above the recent $310.81. Over the past 90 days analysts logged 0 upgrades, 4 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 $405.00 implies +30.3% upside from $310.81.
  • The Street's most bullish target is $485.00 (+56.0%).
  • Watsco, Inc. (WSO) moved +2.57% from $383.86 to $393.71 on 2026-07-13.

The bearish case

  • Material negative event.
  • Negative session, down 1.6%.
  • 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 balanceStrong Bearish Shift
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is strongly bearish, 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 Sep 9, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $405+30.3%
= 4 maintains
Stephens & Co. maintained Overweight · 2026-08-17
SEC filings watch
10-Q2026-08-07
Quarterly financial results
medium
8-K2026-07-29
Material event — review for impact
high
8-K2026-06-04
Material event — review for impact
high
8-K2026-06-03
Material event — review for impact
high
Peer context
WSO-1.6%

Previous notable changes for WSO

Material / Earnings2026-08-26+4.0%
Watsco, Inc. (WSO) moved +3.42% from $303.98 to $314.39 on 2026-08-26. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, suggesting the move was not driven by unusual trading activity.
Valuation2026-08-25-2.7%via Yahoo Finance
Watsco declined 3.60% to $299.60, continuing a selloff triggered by the company's late-July Q2 earnings miss. Per Yahoo Finance, WSO reported EPS of $4.00 against consensus estimates of $4.39–$4.51, while revenue of $2.1 billion fell short of forecasts. Gross margin contracted to 27.5% from 29.3% year-over-year and operating margin fell to 11.3% from 13.2%, pressured by eroding price realization and tariff headwinds. The stock is down 10.2% since the start of 2026 and trading 32.9% below its 52-week high of $464.82.
Valuation2026-08-12-3.0%via Yahoo Finance
Watsco is extending losses from its second-quarter earnings miss, where reported EPS of $4.00 fell short of the ~$4.39–$4.41 consensus and revenue of $2.1 billion disappointed expectations, alongside gross margin contraction to 27.5% from 29.3% year-over-year (web_catalyst, Yahoo Finance). The stock has fallen 3.03% to $309.25 on below-average volume (0.53x expected for this time of session), reflecting routine post-earnings sell-off and analyst downgrades rather than a new catalyst today.
Material / Earnings2026-08-11-2.4%
Watsco, Inc. (WSO) moved -3.17% from $329.35 to $318.91 on 2026-08-11. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume traded near its 5-day average, suggesting the move was not driven by unusual trading activity.

In-depth WSO event analyses

Permanent, dated analyses of WSO's most significant sessions.
Upcoming catalysts & outlook
Next earnings
2026-10-28 (est.)
in 49 days
10-Q Filing (est.)
2026-11-06
Medium impact
Thesis shift
Strong Bearish Shift
bearish signal
Risk level
High
from change events

Frequently asked questions about WSO

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

WSO fell 1.6% to $310.81. No single company-specific catalyst was confirmed during the move window, and it looks technical.

How much did WSO stock fall?

WSO lost 1.65% ($5.21) versus the prior close of $316.02, last trading at $310.81 on 0.2× average volume.

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

WSO's next earnings report is estimated for 2026-10-28 — about 49 days away.

What is the analyst price target for WSO?

The consensus analyst price target for WSO is $405.00, about 30.3% above the current $310.81. Over the past 90 days, analysts recorded 0 upgrades, 4 maintains, and 0 downgrades.

How BestStocks tracks WSO

This page is generated automatically by BestStocks' change-detection system after price move up 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 September 9, 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 filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.