Manitowoc Stock Crosses 200-Day Average, Analysts Recommend Sell

Shares of the industrial equipment manufacturer rise above a key technical indicator, prompting bearish calls from Wall Street.

Mar. 28, 2026 at 12:07am

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Shares of The Manitowoc Company, Inc. (NYSE:MTW) crossed above their 200-day moving average on Wednesday, a technical milestone that has some analysts recommending investors sell the stock. The industrial equipment manufacturer's stock traded as high as $12.38 before closing at $12.10, with over 186,000 shares changing hands.

Why it matters

Manitowoc's stock price crossing above its 200-day moving average is often seen as a bearish signal by technical analysts, who view it as a sign the stock may be overbought and due for a pullback. This has prompted several Wall Street firms to issue 'sell' or 'underweight' ratings on the stock, citing valuation concerns.

The details

Multiple equity research analysts have recently downgraded Manitowoc, with Wells Fargo reiterating an 'underweight' rating and Barclays lifting its price target to $13 but maintaining an 'underweight' recommendation. Weiss Ratings also moved the stock from a 'hold' to a 'sell' rating. The analysts cite Manitowoc's valuation as a key concern, with the stock trading above its 200-day average despite the company missing earnings expectations in its latest quarterly report.

  • Manitowoc stock crossed above its 200-day moving average on Wednesday, March 27, 2026.
  • The company reported Q4 2025 earnings on February 9, 2026, missing analyst estimates.

The players

The Manitowoc Company, Inc.

A global manufacturer of heavy-lift cranes and lifting equipment, serving construction, infrastructure, energy and industrial markets.

Wells Fargo & Company

A major U.S. financial services company that has issued an 'underweight' rating on Manitowoc stock.

Barclays

A multinational investment bank that has raised its price target on Manitowoc but maintained an 'underweight' recommendation.

Weiss Ratings

An independent financial research firm that has downgraded Manitowoc from a 'hold' to a 'sell' rating.

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What they’re saying

“We must remain cautious on Manitowoc's valuation despite the recent stock price increase.”

— Analyst

“Manitowoc's fundamentals do not support the current stock price level.”

— Analyst

What’s next

Investors will be closely watching Manitowoc's upcoming earnings report and guidance to see if the company can justify its current valuation.

The takeaway

Manitowoc's stock price crossing above its 200-day moving average has prompted a wave of bearish calls from Wall Street, highlighting concerns about the industrial equipment maker's valuation and growth prospects.