Royal Bank of Canada cuts target for Westlake stock to USD 74.00

Published on 10/15/2026 at 13:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 3.27 billion, up 10.80 percent year over year. Westlake stock costs EUR 55.61 on October 15, 2026, while NYSE last was USD 62.21.

Target cuts and earnings context

Royal Bank of Canada cut its Westlake target from USD 95.00 to USD 74.00 on October 13, 2026.
Second-quarter 2026 revenue reached USD 3.27 billion, up 10.80 percent year over year.
Westlake stock traded at EUR 55.61 at 1:31 p.m. CEST at Lang & Schwarz on October 15, 2026.

WLK, US9604131022, Illustration mit AI erstellt.

Westlake Corporation (ISIN US9604131022) was trading at EUR 55.61 at Lang & Schwarz on October 15, 2026 at 1:31 p.m. CEST. Royal Bank of Canada cut its price target for Westlake from USD 95.00 to USD 74.00 on October 13, 2026, while maintaining an Outperform rating, according to Markets Insider.

Quarterly revenue improved

Westlake reported USD 3.27 billion in revenue for the second quarter of 2026, up 10.80 percent from USD 2.95 billion in the same quarter of 2025. Net income reached USD 260 million, compared with a GAAP net loss of USD 142 million in the prior-year quarter, according to MarketBeat.

What does the target cut mean?

The RBC reduction represents a 22.11 percent cut from USD 95.00 to USD 74.00. The new target remains above the NYSE last price of USD 62.21 on October 14, 2026 at 4:00 p.m. ET, but the lower estimate shows how commodity chemical pricing and cost pressure are shaping the outlook.

Three events changed the setup

On September 29, 2026, Westlake announced the planned closure of its Cologne PVC plant, which has annual capacity of 165,000 metric tons and carries estimated pre-tax charges of USD 205 million, according to GlobeNewswire. On October 5, 2026, Bank of America maintained a Hold rating and set a USD 75.00 target, according to Markets Insider. On October 13, 2026, Royal Bank of Canada lowered its target to USD 74.00 from USD 95.00.

Upcoming dates for Westlake

Westlake is estimated to report third-quarter 2026 results on October 29, 2026, before the market opens, according to MarketBeat. The Cologne site is expected to cease operations in the first quarter of 2027, according to the SEC.

Price stays below the US quote

The finance data snapshot placed Westlake at USD 62.21 on the NYSE after the October 14, 2026 session, with a market capitalization of USD 8.0 billion and a 52-week range of USD 56.33 to USD 124.23. The euro quotation at Lang & Schwarz was EUR 55.61 on October 15, 2026 at 1:31 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Westlake stock.