WESCO International, Inc. ($WCC) Stock Forecast: Down 3.7% Today

What is WESCO International, Inc.?

Wesco International (WCC) is a company in the distribution and supply chain solutions industry. The stock had a bearish movement today.

Why is WESCO International, Inc. going down?

WCC stock is down 3.7% on May 1, 2025 15:51

• Wesco International (WCC) saw a significant bearish movement in its stock today.
• The company's Q1 earnings were below analysts' estimates, with both earnings and revenue falling short of expectations.
• This unfavorable financial performance may have influenced the negative market movement, prompting a react from investors due to the missed targets.
• Concerns about the company's future and potential upcoming challenges might have triggered a stock sell-off.

WCC Price Chart

WCC Technical Analysis

WCC News

Wesco International ( WCC ) Lags Q1 Earnings Estimates

Wesco International (WCC) delivered earnings and revenue surprises of -0.90% and 2.10%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2459769/wesco-international-wcc-lags-q1-earnings-estimates

Trending Today

Ventas Inc. ($VTR) Stock Forecast: Down 5.3% Today

MANTRA ($OM) Crypto Forecast: Down 5.1% Today

Natural Gas ($GAS) Commodity Forecast: Up 5.1% Today

Sui ($SUI) Crypto Forecast: Up 6.5% Today

Kohl's Corporation ($KSS) Stock Forecast: Up 10.1% Today

Riot Platforms, Inc. ($RIOT) Stock Forecast: Up 7.2% Today

POL (Polygon) ($POL) Crypto Forecast: Up 5.1% Today

Ethereum ($ETH) Crypto Forecast: Up 5.5% Today

Super Micro Computer Inc ($SMCI) Stock Forecast: Up 9.8% Today

Amazon.com Inc. ($AMZN) Stock Forecast: Up 5.0% Today

WESCO International, Inc. Price History

06.10.2024 - WCC Stock was up 12.8%

• WCC stock displayed significant bullish momentum today.
• Better-than-anticipated earnings and revenue figures were announced for the third quarter of 2024.
• While facing hurdles in the EES and UBS sectors, the company saw noteworthy growth in data centers and secured new contracts, contributing positively to its stock performance.
• The surpassing of earnings expectations might signal resilience and potential future expansion for WCC, influencing the bullish trend in the market.

31.09.2024 - WCC Stock was up 9.0%

• Wesco International (WCC) surpassed earnings and revenue expectations for the third quarter of 2024, signaling strong financial performance.
• The unexpected positive results in earnings and revenue suggest a robust and potentially expanding business operation for the company.
• The favorable investor response to the better-than-anticipated financial outcomes led to the upward movement in WCC stock today.
• The strong performance in Q3 might enhance confidence in the company's future outlook, generating heightened investor interest and pushing the stock price upwards.

09.11.2024 - WCC Stock was down 1.8%

• The short interest in WESCO International (WCC) has risen by 27.75%, reflecting an increasing bearish sentiment among traders.
• There are 1.21 million shares sold short, which represent 2.9% of all regular shares available for trading, signaling notable negativity towards the stock.
• The elevated short interest indicates potential investor worries about the company's future performance or market conditions, contributing to the recent bearish movement in the stock price.

13.01.2025 - WCC Stock was up 5.9%

• Despite missing EPS estimates in Q4, WESCO International's stock saw a bullish movement, suggesting that investors are emphasizing positive aspects of the company's performance.
• Strong performance in Data Center, Broadband Solutions, and Electrical segments likely fueled an increase in sales, contributing to the positive sentiment surrounding WCC.
• An uptick in short interest for WCC possibly triggered a short squeeze situation, prompting short sellers to cover their positions and pushing the stock price higher.
• The market sentiment appears optimistic about WESCO International's future outlook, focusing on the company's sales growth and the potential dynamics of a short squeeze, while overlooking the earnings miss.

29.04.2024 - WCC Stock was down 6.2%

• Investor profit-taking following a period of optimism may have driven the decline in WCC stock.
• The introduction of a scholarship program by Wesco International suggests a rise in expenditure and commitment to backing future tradespeople, potentially impacting short-term profitability.
• Analyst downgrades in other industry players, such as American Airlines, might have influenced market sentiment and contributed to the downward movement in WCC stock.
• In summary, factors like profit-taking, increased investment in social programs, and industry-wide analyst downgrades likely influenced the bearish market trend for Wesco International.

15.01.2024 - WCC Stock was up 7.1%

• WESCO International (WCC) stock experienced a strong bullish movement today.
• A downgrade to a hold rating could have initially caused some concern among investors.
• However, the Q4 earnings report displayed sluggishness in certain segments, which may have been overshadowed by other positive factors leading to the bullish movement.
• The absence of available summaries for the remaining information suggests those articles did not have a significant impact on the market movement.

29.04.2024 - WCC Stock was down 5.4%

• The bearish movement in WCC stock today could be attributed to:
• Investors potentially reacting negatively to the scholarship program, as it might indicate increased spending or a shift in company focus.
• Market participants might be concerned about the impact of supporting tradespeople on Wesco International's bottom line in the short term.
• The market may be interpreting the scholarship program as a deviation from the company's core business strategy, leading to a sell-off of WCC shares.

11.06.2024 - WCC Stock was up 5.6%

• Short interest as a percentage of float for WCC has increased by 9.7% since the last data release.
• The number of shares sold short for WCC amounts to 2.07 million, representing 4.75% of the total regular trading shares.
• The rise in short interest potentially triggered a short squeeze, prompting a spike in the stock price as traders scrambled to close their positions.
• Today, the bullish movement in WCC may be attributed to short sellers being compelled to repurchase shares, leading to heightened demand and an upward push in the stock price.

16.06.2024 - WCC Stock was up 5.3%

• The strong bullish movement in WESCO Intl's stock today can be attributed to its consistent outperformance in the market over the past 5 years, with an impressive average annual return of 28.13%.
• The recent increase in short interest for WCC may have triggered a short squeeze, leading to a surge in buying pressure and subsequently driving the stock price higher.
• Investors seem to be optimistic about WESCO Intl's future prospects, considering its solid market capitalization of $8.65 billion and the potential for further growth in its core business segments.

11.01.2025 - WCC Stock was up 5.3%

• Despite positive Q4 sales growth in key sectors, the company fell short of EPS expectations, causing a decline in premarket stock values.
• The increase in WESCO Intl's short interest may have impacted the stock price volatility.
• Analysts' forecasts for Q4 earnings and key metrics likely influenced investor confidence, leading to the stock's bullish movement.

10.03.2025 - WCC Stock was up 7.7%

• WCC experienced a strong bullish movement today.
• The bullish momentum could be attributed to positive market sentiment and strong buying interest in the stock.
• The lack of significant negative news or developments may have also contributed to the upward movement.
• Investors may be optimistic about WCC's growth prospects and financial performance, leading to increased buying pressure on the stock.

01.04.2025 - WCC Stock was down 3.7%

• Wesco International (WCC) saw a significant bearish movement in its stock today.
• The company's Q1 earnings were below analysts' estimates, with both earnings and revenue falling short of expectations.
• This unfavorable financial performance may have influenced the negative market movement, prompting a react from investors due to the missed targets.
• Concerns about the company's future and potential upcoming challenges might have triggered a stock sell-off.