WD-40 posts strong Q3 growth but downgraded to Sell due to high valuation and market underperformance

WD-40 Company reported a strong Q3 with revenue up 24.3% and EBITDA reaching $44 million, driven by effective promotions and international growth. Despite its operational strength and consistent financial performance, the stock trades at high multiples and has underperformed the S&P 500 since being downgraded to Hold. Analyst Daniel Jones has now downgraded WD-40 to Sell, citing expensive valuation and ongoing market underperformance as key reasons. Investors should be cautious given the premium price relative to peers despite solid fundamentals.

As of Oct 13, 2026 00:01 WIB, WD-40 Company (WDFC) shares trade at USD 203.77 on Pluang, showing a modest 0.73% gain in the past day. The stock holds a market capitalization of $2.71 billion and offers a dividend yield of 2.02%, reflecting steady investor interest despite recent analyst downgrades. Typical holding time for WDFC on Pluang is 23 days, indicating moderate trading activity.