RBC Capital Addresses Key Debates at Valvoline (VVV)

RBC Capital analyst Steven Shemesh reiterated an Outperform rating and $46.00 price target on Valvoline (NYSE: VVV).

The analyst commented: "Addressing Key Debates; Raising F2Q Estimates; After roughly a year of underperformance, sentiment finally started to turn positive in early 2026 following the company's 12/11 investor day and better than expected F1Q results. By late Feb, shares were running +35% YTD, but are now ~14% off highs, which we'd attribute to three items: 1) winter storm impact; 2) rising oil prices; and 3) Jiffy Lube's sale to private equity. We'd argue that fears on all 3 items are overblown, and would be buyers on weakness. We're raising our F2Q SSS estimate from +5.2% to +5.7% (cons. +5.1%) and adj. EBITDA estimate from $125M to $126M (cons. $123M) as transaction data seems to suggest storm related deferral was recovered within the qtr. We maintain our $46 PT based on ~13x our revised CY'26 adj. EBITDA estimate of $572M ($571M prior)."

For an analyst ratings summary and ratings history on Valvoline click here. For more ratings news on Valvoline click here.

Shares of Valvoline closed at $33.42 yesterday.

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