WaFd (NASDAQ:WAFD) Price Target Cut to $34.00 by Analysts at Keefe, Bruyette & Woods

Posted by Geri Gentry on Oct 19th, 2026

WaFd (NASDAQ:WAFD – Get Free Report) had its target price dropped by analysts at Keefe, Bruyette & Woods from $40.00 to $34.00 in a research report issued to clients and investors on Monday, Benzinga reports. The brokerage currently has a “market perform” rating on the bank’s stock. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 19.40% from the stock’s current price.

Several other equities research analysts also recently commented on the company. Weiss Ratings downgraded WaFd from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, September 3rd. DA Davidson decreased their target price on WaFd from $40.00 to $37.00 and set a “neutral” rating for the company in a research report on Wednesday, September 9th. Piper Sandler restated a “neutral” rating on shares of WaFd in a research note on Monday. Finally, Zacks Research raised shares of WaFd from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $34.25.

View Our Latest Report on WaFd

WaFd Stock Down 2.3%

Shares of WaFd stock traded down $0.68 on Monday, reaching $28.48. The company’s stock had a trading volume of 107,909 shares, compared to its average volume of 725,299. WaFd has a 52 week low of $27.91 and a 52 week high of $39.49. The firm’s fifty day simple moving average is $33.50 and its two-hundred day simple moving average is $35.02. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.20. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 8.90 and a beta of 0.89.

WaFd (NASDAQ:WAFD – Get Free Report) last announced its quarterly earnings results on Friday, October 16th. The bank reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.01. The firm had revenue of $220.44 million for the quarter, compared to the consensus estimate of $203.66 million. WaFd had a return on equity of 9.36% and a net margin of 18.04%. Equities analysts anticipate that WaFd will post 3.52 earnings per share for the current year.

Institutional Investors Weigh In On WaFd

A number of hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE purchased a new stake in WaFd during the second quarter valued at $34,655,000. Louisiana State Employees Retirement System bought a new position in WaFd in the first quarter valued at about $1,055,000. Jupiter Topco LLC purchased a new position in WaFd in the second quarter worth about $1,315,000. Congress Asset Management Co. boosted its position in WaFd by 21.6% in the third quarter. Congress Asset Management Co. now owns 338,027 shares of the bank’s stock worth $10,117,000 after purchasing an additional 60,135 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in WaFd in the second quarter worth about $1,417,000. 83.71% of the stock is currently owned by hedge funds and other institutional investors.

WaFd Company Profile

(Get Free Report)

WaFd, Inc is a bank holding company headquartered in Seattle, Washington, and the parent company of WaFd Bank. Founded in 1917 as Washington Federal, the company adopted the WaFd name in 2024. WaFd Bank provides banking and financial services to individuals, families, businesses and nonprofit organizations.

The bank offers deposit accounts, residential mortgage lending, home equity financing, commercial real estate loans, commercial and industrial lending, construction financing and consumer banking products.