UBS cuts target for Air Products and Chemicals stock
Published on 10/06/2026 at 13:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Air Products and Chemicals stock (ISIN US0091581068) was trading at EUR 249.30 at Lang & Schwarz on October 6, 2026 at 1:43 p.m. CEST, with a change of minus 0.18 percent versus the EUR 249.75 prior close. UBS lowered its price target for Air Products from USD 336.00 to USD 305.00 and kept a Neutral rating on October 5, 2026, according to Markets Insider.
UBS target cut sharpens the debate
The target reduction puts the latest euro quotation beside a more cautious US dollar valuation from a major investment bank. Because the currencies and venues differ, the two prices are separate reference points rather than a combined return calculation.
The target change also follows a difficult fiscal 2026 third quarter. In a July 30 filing described by Nasdaq, Air Products reported a GAAP loss per share of USD 6.47, an operating loss of USD 2.1 billion and adjusted earnings per share of USD 3.47 for fiscal 2026 third quarter.
Revenue grows while charges weigh
Revenue reached USD 3.16 billion in fiscal 2026 third quarter, up 4.60 percent from the prior-year quarter but below the USD 3.20 billion consensus estimate, according to MarketBeat. The same report said quarterly earnings per share of USD 3.47 exceeded the USD 3.34 consensus by USD 0.13.
Air Products' portfolio decisions explain the gap between adjusted profitability and GAAP results. The fiscal 2026 third-quarter filing cited by Nasdaq attributed the operating loss to charges linked to business and asset actions announced on June 30, 2026, while adjusted earnings remained above the company's guidance.
Stock remains below its yearly high
On the NYSE, Air Products had a 52-week range of USD 229.11 to USD 314.87 and a market capitalization of USD 62.2 billion as of October 5, 2026. The company supplies atmospheric, process and specialty gases, equipment and related services across industries including chemicals, metals, electronics, healthcare and energy.
Air Products also declared a quarterly dividend of USD 1.81, with payment scheduled for November 9, 2026, according to MarketBeat. The dividend context adds an income component, but the UBS target cut and the fiscal third-quarter charge keep earnings quality central to the stock discussion.
EUR 249.30 remains the reference price
At Lang & Schwarz, Air Products was trading intraday at EUR 249.30 on October 6, 2026 at 1:43 p.m. CEST, down 0.18 percent versus the Lang & Schwarz prior close of EUR 249.75 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Air Products and Chemicals stock.
Air Products and Chemicals stock facts
- Company: Air Products and Chemicals, Inc.
- ISIN: US0091581068
- Ticker: APD
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 6, 2026, 1:43 p.m. CEST: EUR 249.30
- Change versus prior close: minus 0.18 percent
- Prior close Lang & Schwarz October 5, 2026: EUR 249.75
- Market capitalization: USD 62.2 billion as of October 5, 2026
- 52-week range: USD 229.11-314.87 as of October 5, 2026
- Sector / Industry: Basic Materials / Specialty Chemicals
