Huntsman stock fell 1.60 percent on October 7 while Wells Fargo cut target
Published on 10/08/2026 at 06:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Huntsman Corporation (ISIN US4470111075) saw its stock fall 1.60 percent on October 7, 2026, while its market capitalization stood at USD 1.5 billion. On October 6, Wells Fargo lowered its price target from USD 11.00 to USD 9.00 while maintaining an Equal Weight rating, according to Investing.com.
Wells Fargo cuts target to USD 9.00
The Wells Fargo revision reflects weak construction demand and pressure on MDI margins, according to the October 6 report. The firm kept its third-quarter 2026 EBITDA estimate at USD 115 million, which it described as 23 percent above the prior-year figure.
Wells Fargo also reduced its 2026 EBITDA estimate to USD 378 million from USD 380 million. The firm expects pricing actions to support Huntsman's Polyurethanes business while margin pressure remains a central issue.
Q2 EBITDA rose to USD 120 million
Huntsman's second-quarter 2026 revenue reached USD 1.7 billion, compared with USD 1.5 billion in the prior-year period, according to the company's investor-relations materials dated July 30, 2026, at Huntsman. Adjusted EBITDA increased to USD 120 million from USD 74 million.
The quarterly figures give the stock a mixed operating picture. Revenue grew by USD 200 million year over year, while the latest analyst update continued to flag construction demand and MDI margins as constraints on earnings recovery.
Consensus stays Neutral
As of October 7, 2026, Investing.com listed a Neutral consensus from 14 analysts, with an average price target of USD 10.62, a high target of USD 14.00 and a low target of USD 9.00. The average target lies 23.06 percent above the USD 8.63 price.
That spread places the consensus above the latest NYSE quotation, but the target range also shows a narrow lower bound of USD 9.00. Wells Fargo's new target sits at that lower bound, making demand and margin trends the next measurable tests for the shares.
Q3 results arrive in November
Morningstar reported on October 6, 2026, that Huntsman will release its third-quarter 2026 financial results after the market closes on November 2, 2026. The company will discuss the figures during a conference call on November 3, 2026, at 9:00 a.m. ET.
The November release will provide the next operating checkpoint for the USD 115 million third-quarter EBITDA estimate and for the pricing actions cited by Wells Fargo. It will also show whether the Q2 revenue and adjusted EBITDA improvement carried into the next reporting period.
Stock trades above its yearly low
Huntsman was last at USD 8.63 on the NYSE on October 7, 2026, at 4:00 p.m. ET, down USD 0.14 from the prior close. Its 52-week range was USD 7.30 to USD 16.09, and trading volume reached 3,035,145 shares.
Key facts on Huntsman stock
- Company: Huntsman Corporation
- ISIN: US4470111075
- Ticker: HUN
- Trading venue: NYSE
- Price (as of October 7, 2026, 4:00 p.m. ET): USD 8.63
- Market capitalization: USD 1.5 billion (as of October 7, 2026)
- 52-week range: USD 7.30-16.09 (as of October 7, 2026)
- Sector / Industry: Basic Materials / Chemicals
Upcoming dates for Huntsman stock
- November 2, 2026: Third-quarter 2026 financial results
- November 3, 2026: Third-quarter 2026 earnings conference call
