OLN, US6806652052

Wells Fargo cuts target for Olin stock to USD 16.00

Published on 10/02/2026 at 03:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wells Fargo cut Olin's target to USD 16.00 on October 1, 2026. For Olin stock, second-quarter loss was USD 0.12 on USD 1.74 billion revenue.

OLN, US6806652052, Illustration mit AI erstellt.

Wells Fargo cut its price target for Olin stock (ISIN US6806652052) from USD 20.00 to USD 16.00 on October 1, 2026, while keeping an Equal Weight rating. Markets Insider reports that Wells Fargo cited recent pricing declines across Olin's Chlor Alkali Products and Vinyls business and limited fundamental improvement into next year.

Second-quarter loss drives caution

MarketBeat reported that Olin posted a USD 0.12 per-share loss in the second quarter of 2026, compared with consensus for USD 0.13 earnings per share. Revenue reached USD 1.74 billion, below the USD 1.81 billion consensus estimate.

The comparison is material: the loss missed expectations by USD 0.25 per share, while revenue was USD 70.00 million below consensus. The result gives Wells Fargo's target cut a clear operating backdrop rather than making the change purely valuation-driven.

Merger approval advances

The proposed combination with Huntsman cleared a major antitrust step on September 11, 2026. Huntsman said the Hart-Scott-Rodino waiting period had expired, while additional regulatory approvals and customary closing conditions remained.

That transaction is the strategic counterweight to the weak second-quarter numbers. Olin operates Chlor Alkali Products and Vinyls, Epoxy and Winchester, giving the merger process importance across its chemicals and ammunition operations.

Market value and prior close

Olin's market capitalization was USD 1.8 billion on October 1, 2026, and its 52-week range was USD 14.95 to USD 30.46. The prior close at Lang & Schwarz was EUR 14.20 on September 30, 2026.