January 14, 2026
Finance

WaFd Inc. Approaches Q1 Earnings Release Amid Analyst Forecast Updates

Seattle-based WaFd Inc. set to announce Q1 financial results with mixed analyst price target adjustments

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Summary

WaFd Inc., headquartered in Seattle, is slated to disclose its first quarter earnings following market close on January 15. Analysts forecast an earnings per share increase to 75 cents from last year's 62 cents and anticipate quarterly revenue to rise to $192.83 million, up from $171.13 million a year earlier. In the period leading to earnings, select analysts have revised their price targets and ratings for WaFd stock while recent leadership additions have also been noted. Shares dipped slightly ahead of the earnings announcement.

Key Points

WaFd is scheduled to announce Q1 earnings after market close on January 15.
Analysts forecast EPS of 75 cents, up from 62 cents in the previous year’s first quarter.
Quarterly revenue is anticipated to be $192.83 million, an increase from $171.13 million a year earlier.
Analysts have recently updated price targets and maintained neutral to market perform ratings ahead of earnings.

WaFd Inc. (NASDAQ: WAFD), a financial services firm based in Seattle, Washington, is preparing to release its earnings results for the first quarter after market hours on Thursday, January 15. Market analysts are currently predicting the company will report earnings per share (EPS) of 75 cents, surpassing the 62 cents per share recorded in the same period last year.

In terms of revenue, projections estimate WaFd will generate approximately $192.83 million in the quarter, reflecting an increase from $171.13 million reported during the first quarter in the previous year, as per figures compiled by Benzinga Pro.

On January 8, WaFd announced a significant personnel appointment with Colin Murphy joining the firm as the Regional President for Northern Oregon, marking a strategic leadership enhancement ahead of the earnings report.

Trading activity preceding the announcement saw WaFd’s shares decrease by 1%, closing at $32.35 on the Tuesday preceding the earnings release.


Within the investment analyst community, several notable adjustments to ratings and price targets have taken place in recent months. These revisions come from analysts whose track records indicate moderate to high accuracy in their forecasts.

Kelly Motta of Keefe, Bruyette & Woods, whose recommendations have an accuracy rate of 65%, maintained a Market Perform rating on WaFd stock but lowered the price target from $32 to $31 on October 20, 2025. This adjustment suggests a tempered outlook compared to previous forecasts.

Meanwhile, Jeff Rulis from DA Davidson, holding a Neutral rating with a 57% accuracy history, increased his price target from $29 to $33 as of July 21, 2025. This represents a more optimistic perspective on WaFd’s stock valuation.

Similarly, Matthew Clark of Piper Sandler, whose forecasts hold the highest accuracy rate among these analysts at 72%, also retained a Neutral stance yet raised his price target modestly from $30 to $31 on the same date, July 21, 2025.


For investors considering WaFd stock, the varying analyst price targets and ratings reflect a consensus leaning toward neutral market performance, tempered by cautious optimism from some analysts.

The current consensus EPS and revenue projections indicate growth relative to the prior year’s quarter, although share price reactions suggest some investor caution ahead of the earnings publication. The recent executive hire in Northern Oregon points to organizational developments that may influence operational oversight within a key regional market.


WaFd's stock performance and future outlook remain subject to factors that include the accuracy of analyst forecasts, quarterly financial outcomes versus market expectations, and the broader market environment in the financial services sector.

Risks
  • Analyst ratings show mixed signals with some price target reductions, indicating uncertainty in stock valuation.
  • A 1% decline in share price prior to earnings announcement reflects potential investor caution.
  • Accuracy rates of analysts vary, with the highest at 72%, suggesting forecast reliability limitations.
  • Leadership changes, such as the new Regional President appointment, may introduce transitional risks in operations.
Disclosure
Education only / not financial advice
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WAFD - neutral
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