Home / Business and Economy / Stanley Black & Decker Aims for 35% Gross Margin by 2025 Amid Cost-Cutting
Stanley Black & Decker Aims for 35% Gross Margin by 2025 Amid Cost-Cutting
17 Nov
Summary
- UBS raises price target on Stanley Black & Decker stock
- Company progressing toward $2 billion cost-reduction plan
- Investing in DEWALT, STANLEY, and CRAFTSMAN brands
In November 2025, Stanley Black & Decker, Inc. (NYSE:SWK) is included among the 15 Best Passive Income Stocks to Buy Right Now. On November 6, 2025, UBS Inc. raised its price target on the company's stock to $105 from $100 and maintained a Buy rating.
For the third quarter of 2025, Stanley Black & Decker reported revenue of $3.8 billion, roughly flat compared to the same period last year. While the company saw gains from pricing and currency, these were balanced out by an expected drop in volume. The company's gross margin stood at 31.4%, with an adjusted gross margin of 31.6%.
President and CEO Christopher Nelson highlighted the company's progress toward its $2 billion cost-reduction plan, which is on track to be completed by the end of 2025. Nelson also reaffirmed the company's goal of reaching a 35% adjusted gross margin while continuing to reinforce the balance sheet. Additionally, the company is shifting to a brand-focused, market-supported model, with investments in the DEWALT, STANLEY, and CRAFTSMAN brands.
