tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

RBC Bearings Extends Credit Agreement with Wells Fargo

Story Highlights
  • RBC Bearings amended its credit agreement to extend the revolving credit facility to 2030.
  • The amendment maintains existing term loan terms, enhancing financial flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RBC Bearings Extends Credit Agreement with Wells Fargo

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from RBC Bearings ( (RBC) ).

On October 28, 2025, RBC Bearings Incorporated and its subsidiary, Roller Bearing Company of America, Inc., amended their Credit Agreement with Wells Fargo Bank to extend the expiration date of their $500 million revolving credit facility to October 28, 2030, and remove the consolidated interest coverage ratio covenant. This amendment maintains the existing terms of the $1.3 billion term loan, which remains due on November 2, 2026, potentially enhancing the company’s financial flexibility and operational stability.

The most recent analyst rating on (RBC) stock is a Buy with a $442.00 price target. To see the full list of analyst forecasts on RBC Bearings stock, see the RBC Stock Forecast page.

Spark’s Take on RBC Stock

According to Spark, TipRanks’ AI Analyst, RBC is a Outperform.

RBC Bearings’ strong financial performance and positive earnings call sentiment are the primary drivers of its stock score. While the technical analysis suggests neutral momentum, the high valuation reflects a premium market position. The company’s strategic growth initiatives and robust demand in key segments further bolster its outlook.

To see Spark’s full report on RBC stock, click here.

More about RBC Bearings

RBC Bearings Incorporated operates in the manufacturing industry, specializing in the production of precision bearings and components. The company focuses on serving industrial, aerospace, and defense markets with high-quality bearing solutions.

Average Trading Volume: 203,301

Technical Sentiment Signal: Buy

Current Market Cap: $12.91B

See more data about RBC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1