Goldman Sachs lifts target for Axalta Coating Systems stock to USD 38
Published on 10/15/2026 at 20:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and calendar
- On October 9, 2026, Goldman Sachs lifted its Axalta target to USD 38.00 from USD 36.00.
- Axalta is scheduled to release third-quarter 2026 results on October 29, 2026.
- Axalta stock costs EUR 30.10 at Lang & Schwarz on October 15, 2026 at 7:59 p.m. CEST.
- AXTA carried a P/E ratio of 20.88 and a market capitalization of USD 7.2 billion on October 15, 2026.
Goldman Sachs raised its Axalta Coating Systems target from USD 36.00 to USD 38.00 on October 9, 2026, while maintaining a Buy rating, according to Investing.com. The target is 12.43 percent above the USD 33.79 NYSE price on October 15, 2026. At Lang & Schwarz, Axalta stock was trading at EUR 30.10 on October 15, 2026 at 7:59 p.m. CEST.
October 29 results set the next date
Axalta is scheduled to release its third-quarter 2026 financial results at 6:00 a.m. ET on October 29, 2026, followed by an 8:00 a.m. ET conference call. The date was published in the company release on October 5, 2026, available from Axalta. The scheduled report gives investors a defined checkpoint after the latest quarterly figures.
What does the valuation show?
Axalta reported USD 1.346 billion of revenue and USD 89.0 million of net income attributable to common shareholders in the second quarter of 2026. Diluted earnings per share were USD 0.41 and operating margin was 12.00 percent in that period, based on standardized financial results. The first quarter produced USD 1.254 billion of revenue and USD 90.0 million of net income, so second-quarter revenue was USD 92.0 million higher while net income was USD 1.0 million lower.
Price position and valuation
On the NYSE, AXTA was last at USD 33.79 on October 15, 2026 at 2:02 p.m. EDT. The same quote showed a 52-week range of USD 24.94 to USD 38.61, a volume of 1,521,435 shares and an average volume of 1,788,342 shares. The stock was 12.49 percent below its 52-week high and 35.47 percent above its 52-week low.
Axalta had a market capitalization of USD 7.2 billion and a P/E ratio of 20.88 on October 15, 2026. Its trailing dividend yield was 0.00 percent. The latest Goldman Sachs target adds a dated analyst reference point, while the October 29 results date supplies the next company milestone.
Comparison with peers
AXTA (NYSE, USD): P/E 20.88, market capitalization USD 7.2 billion
The Sherwin-Williams Company (NYSE, USD): plus 3.77 percent, P/E 31.02, market capitalization USD 81.8 billion
PPG Industries (NYSE, USD): plus 2.74 percent, P/E 15.44, market capitalization USD 24.0 billion
Stock level and next checkpoint
The euro quotation places Axalta below its USD 38.00 analyst target when translated into the respective trading currencies, while the home-market quote remains below the 52-week high of USD 38.61. The October 29 results release is the next dated event for the company.
The further course of trading is shown by the continuously updated real-time quote of Axalta Coating Systems stock.
Axalta Coating Systems market data
- Company: Axalta Coating Systems Ltd.
- ISIN: BMG0750C1082
- Ticker: AXTA
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 7:59 p.m. CEST): EUR 30.10
- Market capitalization: USD 7.2 billion (as of October 15, 2026)
- 52-week range: USD 24.94-38.61 (as of October 15, 2026)
- Sector / Industry: Basic Materials / Chemicals
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
