BASF stock trades at EUR 50.44 after Evonik talks emerge

Published on 09/30/2026 at 13:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BASF stock trades at EUR 50.44 versus EUR 49.98, a plus 0.92 percent move on September 30, 2026. Q2 revenue reached EUR 17.21 billion.

Luftaufnahme eines Chemiewerks bei Nacht mit leuchtendem Rohrnetz, Destillationskolonnen und Fackeln — Cinematische Drohnenaufnahme eines weitläufigen Petrochemie-Komplexes bei Nacht aus ca. 300 Metern Höhe. Hunderte beleuchteter Rohrleitungen, Destillationskolonnen und Reaktortürme bilden ein leuchtendes Gitternetz. Bernsteinfarbene, weiß-blaue Industrielichter spiegeln sich auf dem Boden und in Dampfwolken. Anamorphe Linsenoptik, kinematisches Teal-Shadow-Grading, Illustration mit AI erstellt.

BASF stock (ISIN DE000BASF111) was trading at EUR 50.44 at Lang & Schwarz on September 30, 2026 at 1:00 p.m. CEST, a plus 0.92 percent move versus the prior close of EUR 49.98. The company is weighing a possible Evonik takeover while second-quarter revenue reached EUR 17.21 billion.

Evonik talks reshape the strategy

BASF confirmed exploratory talks with Evonik and the RAG Foundation on September 25, 2026. The company said the course and outcome of the discussions remain open, making the strategic rationale more tangible than the transaction certainty.

As Reuters reported on September 25, 2026, BASF had approached Evonik over a possible takeover, while BASF's market capitalization was EUR 45.8 billion in that report. The contrast between a potential acquisition and a still-open outcome leaves execution risk central to the story.

Q2 figures strengthen the case

In the second quarter of 2026, BASF reported revenue of EUR 17.2 billion, up 16 percent year over year, according to Stock-World. Adjusted EBITDA reached EUR 2.4 billion, while the company raised its full-year adjusted EBITDA guidance to EUR 6.9 billion to EUR 7.7 billion.

The operating comparison is important because the revenue increase combined an 11.5 percent price effect with 7.3 percent volume growth in the second quarter of 2026. That mix gives the Evonik debate a sharper financial test: any deal would need to complement an operation already showing both price and volume support.

Analysts set a higher bar

Investing.com reported on September 28, 2026 that Bernstein Research cut its BASF price target from EUR 63.00 to EUR 61.00 while keeping an Outperform rating. The new target lies 20.94 percent above the Lang & Schwarz price of EUR 50.44, so the target still implies a material valuation gap despite the reduction.

Stock stays below yearly high

BASF's market capitalization stood at EUR 43.6 billion on September 30, 2026, while its 52-week range was EUR 41.48 to EUR 55.05. The EUR 50.44 reference price is 8.37 percent below the yearly high, placing the stock nearer its upper boundary than its lower one.

At Lang & Schwarz, BASF stock was trading at EUR 50.44 on September 30, 2026 at 1:00 p.m. CEST, plus 0.92 percent versus the prior close of EUR 49.98. The next dated company checkpoint is the third-quarter report scheduled for October 28, 2026, as shown by onvista.