ESAB (ESAB) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.33
- Estimate
- $1.38
- Surprise
- -3.6%
- Revenue (period 2026-07-03)
- $807.6M
- Score at report (before → after)
- 5.4 → 5.3/10
Revenue source: xbrl.
How the report landed
ESAB (ESAB) missed the $1.38 estimate with diluted EPS of $1.33 — a clear 3.6% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.4/10) to Sell at 5.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ESAB Sell at 4.9/10.
2 of the last 4 quarters beat the estimate; this quarter's -3.6% surprise compares with a -0.3% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Attractive valuation
- Positive insider activity
What argues against it
- Concentration risk — Geographic: international operations (80.0%)
- Concentration risk — Geographic: EMEA & APAC segment (60.0%)
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $75.14
- Price target
- $114.13
- Stop
- $71.00
- Upside to target
- +51.9%
- Reward-to-risk
- 6.9:1
The stock trades at 23.2× trailing but 11.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
ESAB at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Metal Fabrication
- Market cap
- $4.64B
- P/E (fwd)
- 11.4
- P/E (ttm)
- 23.2
- 52-week range
- $73.20–$137.42
- Off 52-week high
- 45.3%
- RSI (14)
- 34
- Volume vs avg
- 0.05×
- Score today
- 4.9/10