Jefferies cuts target for Huntsman stock to USD 11.00

Published on 10/05/2026 at 05:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EBITDA was USD 120 million in the second quarter, versus USD 74 million a year earlier. Huntsman stock had a EUR 7.58 prior close on October 2, 2026.

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Jefferies lowered its Huntsman price target from USD 16.00 to USD 11.00 while keeping a Buy rating, according to Investing.com on October 2, 2026. The cut makes European gas costs, soft demand and merger execution central issues for the chemical producer.

Jefferies resets the target

The new USD 11.00 target is USD 5.00 below the former USD 16.00 target. Jefferies said Huntsman's third-quarter outlook remained largely intact, with industrial activity, aerospace and power markets providing support, while European conditions stayed difficult.

The same Investing.com report cited USD 400 million of targeted Olin transaction synergies over four years. That figure gives investors a concrete measure for judging whether integration benefits can offset pressure from leverage and weaker regional demand.

Second-quarter figures improve

Huntsman's investor-relations page reported USD 1.7 billion of revenue for the second quarter of 2026, compared with USD 1.5 billion in the prior-year period. The company also reported adjusted EBITDA of USD 120 million, up from USD 74 million a year earlier, according to Huntsman.

The improvement in adjusted EBITDA contrasts with the cautious market view reflected in Jefferies' target reduction. Huntsman's investor-relations page also reported 2Q26 trailing-twelve-month revenue of USD 5.9 billion, adjusted EBITDA of USD 322 million and net leverage of 5.4 times as of June 30, 2026.

Stock context on October 2

Huntsman had a prior close of EUR 7.58 at Lang & Schwarz on October 2, 2026. On the NYSE, the stock was last quoted at USD 8.53 on October 2, 2026, with a 52-week range of USD 7.30 to USD 16.09 and market capitalization of USD 1.5 billion.

Investing.com lists October 29, 2026 as Huntsman's next earnings date. The combination of the revised USD 11.00 target, the USD 400 million synergy ambition and the 5.4 times leverage figure leaves merger execution as the key measurable issue for the next report.