Fintel reports that on September 1, 2026, UBS upgraded their outlook for Nuveen Churchill Direct Lending (NYSE:NCDL) from Neutral to Buy.
This upgrade follows a prior action by UBS on May 18, 2026, when the firm maintained its rating of Neutral. In other recent analyst activity, Keefe, Bruyette & Woods maintained its Market Perform rating on August 10, 2026.
On August 31, 2026, the day before the rating action, the stock closed at $12.51. On September 2, 2026, the session following the upgrade, the stock closed at $12.60, representing a change of +0.72%. More recently, the stock closed at $12.57 on September 3, 2026. This latest close represents a price change of +1.37% over one week, relative to a baseline close of $12.40 on August 27, 2026. Over a one-month period, the price change is +0.88% from a baseline close of $12.46 on August 3, 2026.
As of August 28, 2026, the current consensus target mean and median for the stock stood at $14.66, representing an implied change of +16.65%. This is a decrease from the prior consensus target mean of $14.92 recorded on August 4, 2026, which reflects a consensus target revision of -1.71%.
Nuveen Churchill Direct Lending reported its latest earnings on August 6, 2026. The actual earnings per share (EPS) was 0.41, compared to the estimated EPS of 0.3978, representing a surprise of +3.07%. The actual revenue for the period was $27,023,000,000,000.00, while the estimated revenue was $47,513,640,000,000.00.
For the current recommendation period of August 1, 2026, the aggregate recommendations consisted of 3 strong buy, 5 buy, 3 hold, 1 sell, and 0 strong sell ratings, totaling 12 recommendations. This breakdown represents 66.7% positive, 25.0% hold, and 8.3% negative recommendations. These figures are identical to the prior recommendation period of July 1, 2026, which also had 3 strong buy, 5 buy, 3 hold, 1 sell, and 0 strong sell ratings, totaling 12 recommendations with 66.7% positive, 25.0% hold, and 8.3% negative recommendations.
Recent analyst actions
Recent analyst upgrades, downgrades, initiations, and maintained ratings Date Analyst Prior Latest recommendation Action September 1, 2026 UBS Neutral Buy upgrade August 10, 2026 Keefe, Bruyette & Woods Market Perform Market Perform maintained
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
Click to Learn More
This story originally appeared on Fintel.
