Wacker Chemie stock falls as JP Morgan sticks to Sell rating

Published on 09/11/2026 at 23:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wacker Chemie stock trades lower on September 11, 2026 after JP Morgan reiterates its Sell rating and underweight stance on the chemicals group. The shares have still gained roughly 27.8 percent year to date despite the cautious analyst view.

Chemieanlage mit beleuchteten Destillationstürmen am Wasser in der Abenddämmerung — Wacker Chemie AG (DE000WCH8881) betreibt große Chemieanlagen mit Türmen und Rohrleitungen am Flussufer, Illustration mit AI erstellt.

Wacker Chemie stock (ISIN DE000WCH8881) is under pressure on September 11, 2026, with the shares trading around EUR 88.40 in Frankfurt and down more than 2 percent compared with the previous close, while the MDAX benchmark shows a stronger relative trend.

JP Morgan reiterates Sell recommendation

According to Zonebourse on September 11, 2026, JP Morgan analyst Chetan Udeshi maintains a Sell recommendation on Wacker Chemie and keeps the stock rated underweight in the chemicals sector.

The same overview from Zonebourse shows a last closing price of EUR 90.65 for Wacker Chemie and indicates an average price target of EUR 90.72, implying the stock trades almost in line with the consensus fair value with a gap of only 0.07 percent.

Stock performance and recent quarterly strength

Per data cited by Zonebourse on September 11, 2026, Wacker Chemie shares were recently quoted at EUR 88.40, down 2.48 percent intraday, while the stock remains up 27.83 percent since the start of 2026, highlighting a strong year to date performance despite the current pullback.

A peer overview from Boerse Social on September 11, 2026 notes that Wacker Chemie has gained 4.86 percent over the last three trading days, with the stock rising from EUR 144.95 to EUR 152.00 over that short period before the latest decline.

In its coverage of chemicals and industrial names, Luxopes discusses Wacker Chemie in the context of cost reductions and polysilicon exposure and notes that the group expects sales of approximately EUR 5.8 billion in its 2026 guidance, with EBITDA guided to a range of EUR 625 million to EUR 750 million for the year.

Guidance and earnings base in focus

The same analysis from Luxopes highlights that Wacker Chemie’s medium term objectives, originally set in 2024, now sit above the group’s current earnings base, with the 2026 guidance range implying an EBITDA midpoint of about EUR 687.5 million compared with the lower levels seen in prior years.

For investors, the scheduled reporting dates are also central: according to Zonebourse, Wacker Chemie plans to publish its third quarter 2026 results on October 29, 2026, which will give a clearer picture of how far cost measures and demand trends support the current guidance.

Stock holds below recent highs

On Xetra, Wacker Chemie stock most recently changed hands at around EUR 88.40 on September 11, 2026, representing a decline of roughly 2.48 percent versus the prior close of EUR 90.65 and leaving the shares below the higher levels around EUR 152.00 seen in recent sessions.