STOCK TITAN

New DEWALT Study Identifies Emerging Gap Between AI Training in Trade Schools and Industry Needs

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
AI

DEWALT (NYSE: SWK) released a U.S. survey showing a skills gap: 90% of construction pros expect AI to be indispensable within five years, but only 8% currently use AI. DEWALT is launching a pilot with ABC Central Florida, a $75,000 education grant, and links to its $60M Grow the Trades commitment.

Loading...
Loading translation...

Positive

  • 90% of U.S. respondents expect AI indispensable within five years
  • DEWALT committed $75,000 to ABC Trimmer Construction Education Fund
  • Launch of hands-on AI pilot with ABC Central Florida Innovation Center
  • DEWALT's existing $60 million Grow the Trades pledge through 2030

Negative

  • Only 8% of construction pros currently use AI on the job
  • 87% say AI education must be embedded in trade schools
  • Heavy reliance on informal resources: YouTube 40%, Coursera 39%
  • 37% are only piloting or researching AI, not using daily

Key Figures

AI currently used: 8% AI indispensable view: 90% AI adoption increase: 88% +5 more
8 metrics
AI currently used 8% U.S. construction professionals reporting AI as part of day-to-day work
AI indispensable view 90% U.S. construction professionals believing AI will be indispensable within five years
AI adoption increase 88% Respondents expecting AI adoption on jobsites to increase over the next year
AI education grant $75,000 DEWALT commitment to ABC’s Trimmer Construction Education Fund for AI initiatives
Grow the Trades pledge $60 million Planned DEWALT investment through 2030 to expand trade education and resources
U.S. survey respondents 2,481 Total U.S. respondents in DEWALT AI in the Trades survey
Skilled trade workers 1,730 (70%) Share of respondents who were skilled trade workers
Decision-makers 751 (30%) Share of respondents who were decision-makers

Market Reality Check

Price: $75.70 Vol: Volume 2,759,568 is 1.27x...
normal vol
$75.70 Last Close
Volume Volume 2,759,568 is 1.27x the 20-day average of 2,168,896, indicating elevated activity before this release. normal
Technical Shares at $75.70 are trading slightly above the 200-day MA of $74.44 and about 18.92% below the 52-week high.

Peers on Argus

SWK is down 0.72%, while key peers LECO (-1.43%), RBC (-1.03%), SNA (-0.13%), TT...

SWK is down 0.72%, while key peers LECO (-1.43%), RBC (-1.03%), SNA (-0.13%), TTC (-0.59%) and TKR (-2.39%) are also negative, consistent with a broader tools/industrial pullback. Momentum scanners did not flag sector momentum, suggesting a more muted, background sector drift.

Historical Context

5 past events · Latest: Apr 20 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
Apr 20 Tariff impact update Neutral +5.3% Company said Section 232 tariff changes should not impact 2026 guidance materially.
Apr 07 Innovation recognition Positive -0.5% Fortune ranked the company No. 36 on America’s Most Innovative Companies list.
Apr 06 Business divestiture Positive -1.0% Completed $1.8B CAM sale to Howmet Aerospace to reduce debt and refocus portfolio.
Mar 26 Earnings date notice Neutral -2.8% Announced timing and access details for first quarter 2026 earnings release and webcast.
Mar 10 Conference appearance Neutral -0.5% Disclosed upcoming presentation at the 2026 J.P. Morgan Industrials Conference.
Pattern Detected

Recent company news often saw negative or mixed price reactions, including declines on positive portfolio and recognition updates, with one notable upside move on tariff guidance.

Recent Company History

Over the last few months, SWK has focused on portfolio sharpening and communication with investors. On Apr 6, it completed the sale of its CAM business for $1.8 billion cash, targeting lower leverage and capital allocation flexibility, yet the stock fell modestly. Recognition as one of America’s Most Innovative Companies and updates on conferences and earnings timing also saw small declines. The new DEWALT AI training study and initiatives fit this innovation and workforce development narrative.

Market Pulse Summary

This announcement underscores DEWALT’s push to bridge the AI skills gap in construction, with survey...
Analysis

This announcement underscores DEWALT’s push to bridge the AI skills gap in construction, with survey data showing strong belief in AI’s future importance but limited current use. The company is backing this with targeted training pilots and funding, including a $75,000 grant and a broader $60 million Grow the Trades commitment. In the context of recent portfolio simplification and innovation recognition, investors may watch how AI-enabled tools and education support SWK’s core tools and outdoor strategy over time.

Key Terms

artificial intelligence, ai, hvac
3 terms
artificial intelligence technical
"As artificial intelligence (AI) rapidly transforms industries and becomes an essential jobsite tool"
Artificial intelligence is the ability of computers and machines to perform tasks that typically require human thinking, such as understanding language, recognizing patterns, or making decisions. For investors, it matters because AI can enhance efficiency, uncover new insights, and enable smarter strategies, potentially impacting the value and performance of companies that develop or utilize this technology.
ai technical
"DEWALT's AI in the Trades study surveyed construction professionals across the globe."
Artificial intelligence (AI) is technology that enables machines to mimic human thinking and learning, allowing them to analyze information, recognize patterns, and make decisions. For investors, AI matters because it can improve how businesses operate, create new products, or identify opportunities faster and more accurately than humans alone, potentially impacting company success and market trends.
hvac technical
"Skilled trade respondents included carpenters, concrete workers, electricians, HVAC technicians, plumbers"
HVAC stands for heating, ventilation and air conditioning — the systems that control temperature, airflow and indoor air quality in buildings. Investors care because HVAC drives operating costs, energy use, tenant comfort and regulatory compliance; like the engine and insulation of a building, efficient modern systems can lower bills, reduce repair and replacement spending, and preserve property value, while outdated units can create unexpected expenses and vacancy risk.

AI-generated analysis. Not financial advice.

  • Survey cites that while the majority of construction pros believe AI will be indispensable within five years, only 8% are currently using AI on the job
  • Majority of construction pros say AI training must be embedded in trade schools
  • DEWALT is launching a pilot program and AI Education Grant in partnership with Associated Builders and Contractors to support the need for AI training enabling skilled workers to focus on what they do best – building

TOWSON, Md., April 23, 2026 /PRNewswire/ -- As artificial intelligence (AI) rapidly transforms industries and becomes an essential jobsite tool for construction and industrial businesses, a new national study from DEWALT, Stanley Black & Decker's (NYSE: SWK) professional brand, reveals an emerging disconnect – the construction workforce is eager for AI, but lacks the hands-on training needed to unlock its full potential.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/stanley-black-and-decker/9368251-en-dewalt-study-shows-emerging-gap-in-ai-training-and-construction-industry-needs

New DEWALT Study Identifies Emerging Gap Between AI Training in Trade Schools and Industry Needs

DEWALT's AI in the Trades study surveyed construction professionals across the globe. In the U.S., 90% of construction professionals believe AI will be indispensable within five years, yet only 8% currently use AI on the job. The primary barrier to using AI cited by professionals is a lack of formal, job-relevant training. An overwhelming 87% of respondents say AI education must be embedded in trade schools and technical programs, while 59% expressed a need for hands-on training directly tied to real construction tasks.

"Tradespeople are the backbone of our industry, and their hands-on expertise is what brings every project to life. As jobsites become increasingly complex and technology-driven, the need for practical AI training has never been more important," said Bill Beck, President, Tools & Outdoors, Stanley Black & Decker. "Our research shows that trades professionals are eager to develop and apply AI skills that will enhance their effectiveness and adaptability on the jobsite. Yet, too many still lack access to this essential training. At DEWALT, we believe that empowering our workforce with AI education is not just about keeping pace with technology - it's about equipping tradespeople with the tools and knowledge they need to solve real-world challenges, drive productivity, and lead the industry forward."

Key Findings of the DEWALT AI in the Trades Survey

1. AI is rapidly expanding on the jobsite

  • 88% expect adoption to increase over the next year
  • 83% say AI will be standard within three years
  • 90% believe it will be indispensable within five years

2. Belief in AI's potential is meaningful, but everyday use remains limited

  • 37% are piloting and researching AI
  • Only 8% say AI is part of their day-to-day work currently

3. For Early Adopters, Jobsite Workflows Come First

  • 46% report exploring AI in site operations and monitoring
  • 46% report leveraging it in the planning and design phase of projects
  • 41% are using AI to help with estimation, procurement, and supply chain processes

Training is the Missing Link in AI Adoption

While 86% of construction professionals expressed feeling somewhat or very prepared to work with AI, most cited fragmented, informal learning as a barrier. Currently, tradespeople rely heavily on self-directed resources such as YouTube (40%) and online platforms like Coursera (39%) for AI education. Video tutorials are also popular, with 42% citing them as a preferred learning method.

Among early adopters, the top benefits cited include increased productivity (35%), cost savings (34%), and improved quality control (35%).

DEWALT Leads with First-of-Its-Kind AI Training Pilot and Education for Future and Current Pros Across the US

To begin addressing the AI training gap highlighted by these findings, DEWALT is launching a pilot program with Associated Builders and Contractors Central Florida chapter's Innovation and Technology Center. The program's goal is to deliver hands-on, jobsite-relevant AI training for the next generation of skilled trades professionals.

Ahead of National Apprenticeship Week, which is being held the week of April 27, DEWALT facilitated a case-study session for apprentices and young construction professionals enrolled in ABC Central Florida's NextGen leadership program. The session featured a senior virtual design and construction manager from a national construction firm, providing participants with real jobsite use cases and steps for apprentices and young pros to begin implementing AI immediately.

To provide access to AI education nationally, DEWALT has also committed $75,000 to ABC's Trimmer Construction Education Fund toward Trimmer grants that include AI-related initiatives. ABC chapters across the United States can apply for funding to initiate AI education programs and resources in their regions.

TCEF promotes a safe, skilled and sustainable workforce by providing funding for the direct support of training initiatives/programs or the expansion of a training facility that promotes careers in the merit shop construction industry.

"Education is vital to bringing fundamental AI skillsets to our future workforce," said Matthew Abeles, ABC vice president of construction technology and innovation. "DEWALT's commitment to providing AI resources to craft professionals through its donation to the Trimmer Construction Education Fund will be invaluable to improving safety and productivity on jobsites. ABC thanks DEWALT for its generosity and dedication to lifelong learning in the construction workforce."

DEWALT is also supporting ABC's "AI Toolbox Talks" webinar, a monthly training series that equips ABC's 24,000 member companies with a roadmap to adopt AI and understand its impact on project design, robotics, and quality control.

These initiatives build on DEWALT's pledge to help close the skilled labor gap, including its commitment to invest $60 million through its Grow the Trades program by 2030 to expand access to education and resources for the trades.

"AI is starting to reshape the future of construction, and we need to make sure tradespeople are ready for it," added Beck. "These educational programs are about giving early-career workers and current pros access to the tools and skills that will matter on tomorrow's jobsites. DEWALT's goal is to help make AI practical, useful, and accessible for the people doing the work every day. We are committed to standing alongside trades professionals to ensure they have every opportunity to succeed in the evolving landscape of construction."

Click here to view the global results of DEWALT's AI in the Trades survey.

For more information on DEWALT products and solutions, visit: DEWALT.com.

Methodology
The survey was conducted online in six countries in December 2025 among skilled trade workers and decision-makers working from small, medium and large companies across residential, commercial and industrial construction.

Skilled trade respondents included carpenters, concrete workers, electricians, HVAC technicians, plumbers, drywall installers, general contractors and construction technicians. Decision-makers included professionals in business leadership, project and site leadership, design and engineering, safety and compliance, procurement, and logistics.

This report includes findings for the United States exclusively. In total, 2,481 answered the survey in the United States, including 1,730 skilled trade workers (70%) and 751 decision-makers (30%).

About DEWALT
DEWALT, a Stanley Black & Decker brand, is a leader in total jobsite solutions. For more than 100 years, DEWALT has been powering the future of construction with tools and technologies that have been designed, built and tested to help deliver safety and productivity on every jobsite. For more information, visit www.dewalt.com or follow DEWALT on FacebookInstagram and LinkedIn.

About Stanley Black & Decker
Founded in 1843 and headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in Tools and Outdoor, operating manufacturing facilities globally. The Company's approximately 43,500 employees produce innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners to support the world's builders, tradespeople and DIYers. The Company's world class portfolio of trusted brands includes DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®. To learn more visit: www.stanleyblackanddecker.com or follow Stanley Black & Decker on Facebook, Instagram, LinkedIn and X.

DEWALT_Logo

 

Cision View original content:https://www.prnewswire.com/news-releases/new-dewalt-study-identifies-emerging-gap-between-ai-training-in-trade-schools-and-industry-needs-302750816.html

SOURCE DEWALT

FAQ

What did DEWALT (SWK) find about AI adoption among U.S. construction professionals?

Most U.S. construction pros expect AI to be essential within five years. According to DEWALT, 90% said AI will be indispensable in five years, but only 8% currently use AI day-to-day, highlighting a training gap in the workforce.

How is DEWALT addressing the AI training gap for tradespeople under the SWK brand?

DEWALT is launching a hands-on pilot and grant program to support AI training. According to DEWALT, the company partnered with ABC Central Florida for a pilot and donated $75,000 to ABC's Trimmer Construction Education Fund for AI initiatives.

What training resources do construction workers currently use for AI education, per DEWALT's survey?

Workers rely mainly on informal online resources and videos. According to DEWALT, 40% use YouTube and 39% use platforms like Coursera, while 42% prefer video tutorials rather than formal, job-specific instruction.

Will DEWALT's actions likely expand AI education access for apprentices and young pros?

DEWALT's pilot and grants aim to expand access to job-relevant AI training. According to DEWALT, initiatives include ABC NextGen sessions, a pilot at ABC Central Florida, monthly 'AI Toolbox Talks', and funding opportunities for ABC chapters.