WD 40 (WDFC) Faces A 1% Fair Value Gap After Q3 Earnings Beat

WD-40 (WDFC) is back in focus after third quarter 2026 earnings, with stronger sales and earnings per share, and a double digit one day share move drawing renewed attention from investors.

See our latest analysis for WD-40.

Beyond the immediate earnings reaction, WD-40’s share price return is up 22.79% over the past 90 days and 27.79% year to date. The 1 year total shareholder return of 12.95% points to momentum that has been building rather than fading.

If this kind of move has you thinking about what else might be setting up for strong interest, it could be a good moment to broaden your search and check out 18 top founder-led companies

After a sharp move like WD-40’s, some investors will feel pressure to act quickly; others will prefer to wait for a pullback. The next step is to see what the current valuation is really asking you to pay for.

Most Popular Narrative: 1% Overvalued

On the most followed valuation narrative, WD-40’s fair value sits at $249.50, slightly below the last close at $251.43, which puts the stock just above that framework.

The analysts have a consensus price target of $249.5 for WD-40 based on their expectations of its future earnings growth, profit margins and other risk factors.

In order for you to agree with the analysts, you'd need to believe that by 2029, revenues will be $763.2 million, earnings will come to $97.8 million, and it would be trading on a PE ratio of 41.4x, assuming you use a discount rate of 7.1%.

Read the complete narrative.

Want to understand why this long running brand commands a premium price tag? The narrative leans on steady revenue growth, a firm margin profile, and a punchy future earnings multiple. Curious which assumptions have to hold for that to stack up? The full story connects those moving parts into one valuation roadmap.

Result: Fair Value of $249.50 (OVERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, WD-40’s narrative could be tested if the planned home care and cleaning divestiture stalls or if foreign currency swings continue to pressure reported results.

Find out about the key risks to this WD-40 narrative.

Next Steps

If this mix of optimism and caution around WD-40 leaves you unconvinced either way, consider reviewing the 2 key rewards yourself to evaluate the numbers and form a clear stance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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