Tronox stock gained 2.88 percent on October 2 despite target cut

Published on 10/04/2026 at 20:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tronox stock was last at USD 3.93 on October 2, 2026, while second-quarter revenue reached USD 868 million. Adjusted EPS was a loss of USD 0.51.

TROX, GB00BJT16S69, Illustration mit AI erstellt.

Tronox (ISIN GB00BJT16S69) stock was last at USD 3.93 on the NYSE on October 2, 2026 at 4:00 p.m. ET, up 2.88 percent from the prior close. The move came after Mizuho reduced its price target from USD 5.50 to USD 4.50 on September 30, 2026, while retaining an Underperform rating, according to MarketBeat.

Mizuho cuts target to USD 4.50

The revised target remains above the October 2 price, but the gap reflects a cautious view of Tronox's earnings recovery. At USD 4.50, the Mizuho target lies 14.50 percent above the NYSE price of USD 3.93, while the brokerage's Underperform rating points to continued concern about profitability.

MarketBeat also reported on October 1, 2026, that Tronox had an average Reduce rating and a consensus price target of USD 7.00. The consensus comprised one Buy rating, four Hold ratings and four Sell ratings across nine brokerages, placing the average target 78.12 percent above the October 2 price, according to MarketBeat.

Revenue rises while losses widen

Tronox's second-quarter 2026 revenue increased 18.7 percent year over year to USD 868 million, beating the consensus estimate of USD 848.8 million. The result was driven by higher titanium dioxide and zircon volumes, but production, freight and other costs weighed on earnings, as Yahoo Finance reported.

Adjusted earnings per share were a loss of USD 0.51 in Q2 2026, compared with a loss of USD 0.28 in the year-earlier quarter. The loss also missed the consensus estimate of a USD 0.39 loss, creating a clear split between sales growth and bottom-line performance.

Management projected adjusted EBITDA of USD 95 million to USD 115 million for Q3 2026. The outlook includes sequentially higher pricing actions and operating rates, while higher input costs linked to Middle East volatility remain a counter-factor, according to Yahoo Finance.

Stock remains below yearly high

The October 2 price stood within a 52-week range of USD 2.86 to USD 10.59, with trading volume of 1,306,500 shares and market capitalization of USD 626.9 million. That range shows why the analyst debate centers on a recovery in margins rather than revenue alone.

Tronox generated USD 105 million in operating cash flow during Q2 2026, while total assets stood at USD 5.95 billion at June 30, 2026. For investors, the next test is whether the projected Q3 EBITDA range can improve earnings after the wider quarterly loss.

Tronox stock ends at USD 3.93

Tronox stock was last at USD 3.93 on the NYSE on October 2, 2026 at 4:00 p.m. ET, with the session change at 2.88 percent and market capitalization at USD 626.9 million.