Citi cuts Huntsman target from USD 11 to USD 9 for Huntsman stock

Published on 10/01/2026 at 13:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was USD 1.7 billion in the second quarter of 2026 versus USD 1.5 billion. Huntsman stock costs EUR 7.45 on October 1, 2026 versus EUR 7.41, plus 0.54 percent.

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Huntsman stock was at EUR 7.45 at Lang & Schwarz on October 1, 2026 at 1:31 p.m. CEST, up 0.54 percent versus the prior close of EUR 7.41. On September 30, 2026, Citi analyst Patrick Cunningham cut the price target from USD 11.00 to USD 9.00 and kept a Neutral rating, according to Markets Insider.

Citi flags weaker chemical demand

Citi's revised target reflects weaker demand and reduced confidence in a recovery in polyethylene prices, even with crude oil at USD 100.00 per barrel, the report said. The target cut matters because Huntsman is also carrying a substantial balance-sheet burden as it pursues its planned combination with Olin.

The latest company figures show a mixed operating picture. Huntsman reported second-quarter 2026 revenue of USD 1.7 billion, compared with USD 1.5 billion in the prior-year period, while adjusted EBITDA rose to USD 120 million from USD 74 million, according to the company's investor-relations release dated July 30, 2026, available from Huntsman.

Merger remains the strategic counterweight

On September 11, 2026, the Hart-Scott-Rodino waiting period for the proposed Olin and Huntsman merger expired, removing a major US antitrust milestone, as MarketScreener reported. The transaction therefore provides a concrete strategic counterweight to the demand concerns behind the latest analyst action.

For investors, the numbers point in two directions: second-quarter adjusted EBITDA was USD 46 million higher than a year earlier, but Citi's target is USD 2.00 lower than its previous view. MarketBeat listed a Hold consensus from 14 analysts and an average 12-month target of USD 12.23 on September 30, 2026, according to MarketBeat.

Huntsman stock stays near its yearly low

Huntsman was last quoted at USD 8.40 on the NYSE on September 30, 2026 at 4:00 p.m. ET. Its market capitalization was USD 1.5 billion as of October 1, 2026, and the 52-week range was USD 7.30 to USD 16.09.