Solvay stock: JPMorgan cuts target to EUR 28.50 from EUR 30.00

Published on 10/23/2026 at 15:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Preliminary Q3 sales reached EUR 1.03 billion on October 19, 2026. Solvay stock costs EUR 23.31 on October 23, 2026 versus EUR 28.50.

JPMorgan target cut

JPMorgan cut its Solvay target to EUR 28.50 from EUR 30.00 on October 20, 2026.
Preliminary third-quarter 2026 sales reached EUR 1.03 billion and underlying EBITDA EUR 173 million.
Solvay stock costs EUR 23.31 at Lang & Schwarz on October 23, 2026 at 3:34 p.m. CEST, 18.21 percent below the JPMorgan target.
Solvay is scheduled to publish full third-quarter results on November 4, 2026.

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JPMorgan cut its Solvay target from EUR 30.00 to EUR 28.50 on October 20, 2026, while keeping an Overweight rating, as Markets Insider reported. The new target is 18.21 percent above the EUR 23.31 price at Lang & Schwarz on October 23, 2026 at 3:34 p.m. CEST.

Third-quarter figures reset the outlook

Solvay reported preliminary underlying net sales of EUR 1.03 billion, underlying EBITDA of EUR 173 million and free cash flow of EUR 54 million for the third quarter of 2026. The figures were published on October 19, 2026, in a GlobeNewswire release issued by Solvay. The underlying EBITDA guidance for full-year 2026 was set at EUR 720 million to EUR 740 million, excluding potential recovery measures linked to the Sadara operation.

The release attributed a EUR 25 million negative underlying EBITDA effect in the third quarter to the Middle East conflict and a further impact of close to EUR 15 million to the continued shutdown of the peroxide plant at Sadara in Jubail, Saudi Arabia. Those figures give the revised outlook a specific operational frame rather than a broad sector explanation.

What date matters next?

Solvay is scheduled to publish its complete third-quarter 2026 results on November 4, 2026, according to the October 19 release. The company said the preliminary figures remained subject to completion of the quarter-end closing process.

Price position and valuation

Solvay stock traded at EUR 23.31 at Lang & Schwarz on October 23, 2026 at 3:34 p.m. CEST. The share was 3.23 percent above the EUR 22.58 52-week low cited by Ideal Investisseur on October 22, 2026.

Stock and investor perspective

The combination of EUR 173 million in preliminary quarterly underlying EBITDA and a EUR 720 million to EUR 740 million full-year range puts execution at the center of the next results release. JPMorgan's EUR 28.50 target remains above the market price, but the target was reduced from EUR 30.00 on October 20, 2026.

The further course of trading is shown by the continuously updated real-time quote of Solvay stock.