Olin stock faces lower targets after a difficult second quarter
Published on 10/04/2026 at 16:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Olin Corporation (ISIN US6806652052) was last at USD 15.90 on the NYSE on October 2, 2026, at 4:00 p.m. ET, while its daily change stood at -0.38 percent. The latest analyst action came on October 1, when Wells Fargo cut its price target from USD 20.00 to USD 16.00 and kept an Equal Weight rating, according to MarketBeat.
Wells Fargo lowers its target
The cut puts Wells Fargo's target at USD 16.00, only USD 0.10 above the October 2 closing price. The bank cited pricing declines across Olin's Chlor Alkali Products and Vinyls business, while pointing to limited fundamental improvement into next year, as reported by Markets Insider.
MarketBeat lists a Reduce consensus based on one Buy, 11 Hold and three Sell ratings, with an average target of USD 21.15 and a high target of USD 26.00. The figures place the published consensus above Wells Fargo's revised view and show how sharply analyst opinions differ on Olin's earnings recovery.
Q2 loss keeps pressure visible
Olin's Q2 2026 revenue was USD 1.7419 billion, while diluted earnings per share were negative USD 0.12 and net income was negative USD 13.3 million. The quarter's revenue was 0.9 percent below the prior-year period, and the per-share result missed the USD 0.13 consensus estimate, according to MarketBeat.
The result leaves the earnings profile as the central counterweight to the merger narrative. Olin operates Chlor Alkali Products and Vinyls, Epoxy and Winchester, giving the company exposure to both industrial chemicals and ammunition markets, according to Stock Analysis.
Merger progress meets regulatory risk
Olin and Huntsman announced on September 11, 2026, that the Hart-Scott-Rodino waiting period for their proposed merger of equals had expired. The transaction still requires additional regulatory approvals and other customary closing conditions, according to Huntsman.
Olin stock stays near its yearly low
Olin closed at USD 15.90 on the NYSE on October 2, 2026, down USD 0.06 from the prior close. Its 52-week range was USD 14.95 to USD 30.46, while market capitalization stood at USD 1.8 billion and volume reached 3,921,349 shares.
Olin stock facts
- Company: Olin Corporation
- ISIN: US6806652052
- Ticker: OLN
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 15.90 (Closing price October 2, 2026)
- Market capitalization: USD 1.8 billion (as of October 2, 2026)
- 52-week range: USD 14.95-30.46 (as of October 2, 2026)
- Sector / Industry: Materials / Chemicals
