BASF stock draws a Buy rating with a EUR 59 target

Published on 10/07/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BASF stock drew a Buy rating from Parmantier on October 6, 2026, while quarterly revenue reached EUR 17.2 billion. The next results date is October 28, 2026.

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BASF stock (ISIN DE000BASF111) was trading at EUR 51.33 on Xetra on October 7, 2026 at 1:20 p.m. CEST, up 0.49 percent from the previous close. The fresh analyst signal came on October 6, when Parmantier & Cie. assigned a Buy rating and a six-month price target of EUR 59.00, according to EQS News.

Buy rating meets stronger quarter

Parmantier's research places BASF within a 2027 chemicals-cycle thesis centered on restructuring, operating leverage, portfolio separation and deleveraging. The target of EUR 59.00 stands 14.96 percent above the Xetra price of EUR 51.33, which makes the recommendation more constructive than the stock's intraday move alone suggests.

BASF's second quarter supplied the operating basis for that debate. According to Finanztrends, Q2 2026 revenue rose 16 percent year over year to EUR 17.2 billion, while adjusted EBITDA before special items increased by EUR 854 million to EUR 2.4 billion.

Guidance raises the earnings test

The same Q2 update lifted BASF's 2026 adjusted EBITDA guidance before special items to EUR 6.9 billion to EUR 7.7 billion from EUR 6.2 billion to EUR 7.0 billion, according to Finanztrends. The upper end therefore increased by EUR 700 million, but the company also highlighted economic risks for the second half of the year.

A separate consensus overview from Stock-World lists six Sell, nine Hold and ten Buy ratings, with an average price target of EUR 52.47. That average is 2.22 percent above BASF's EUR 51.33 intraday price, leaving the consensus less bullish than Parmantier's individual target.

Results date sets the next checkpoint

BASF's Xetra quote stood between the October 7 intraday low of EUR 50.80 and high of EUR 51.61. The 52-week range is EUR 41.48 to EUR 55.05, while the market capitalization is EUR 44.3 billion and trading volume was 354,792 shares at the quoted time.

The next quarterly report is scheduled for October 28, 2026, as shown in EQS News. BASF also plans a Capital Markets Day on November 24, 2026, where it will present the strategy and operations of Agricultural Solutions, according to BASF.

Stock remains below yearly high

BASF stock was last at EUR 51.33 on Xetra on October 7, 2026 at 1:20 p.m. CEST, with the EUR 55.05 52-week high still above the current quote. The next valuation test combines the October 28 results with the company's updated earnings range.