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Investing.com - Jefferies lowered its price target on Huntsman (NYSE:HUN) to $14.00 from $15.00 on Wednesday, while maintaining a Buy rating on the chemical company’s stock. The stock, currently trading at $11.23, has experienced a significant decline of over 32% in the past six months, according to InvestingPro data.
The firm cited "likely adverse seasonality near-term" as a key factor in its decision to reduce estimates for the chemical manufacturer.
Jefferies also pointed to expectations for "a choppy 2026" and anticipates "a more muted cyclical recovery in 2027" for Huntsman’s business environment.
Despite the near-term caution, Jefferies maintained its longer-term positive thesis on Huntsman , noting the company’s operating leverage to an eventual recovery.
The firm specifically highlighted that Huntsman’s MDI business is expected to "return to mid-cycle economics well ahead of acetyls and olefins" due to its end-market mix with "more leverage to durable goods" and the timing of new capacity additions in the industry.
In other recent news, Huntsman Corporation reported its Q2 2025 earnings, which did not meet analysts’ expectations. The company posted an earnings per share (EPS) of -$0.20, compared to the anticipated -$0.12, resulting in a 66.67% negative surprise. Additionally, revenue fell short, reaching $1.46 billion against a forecast of $1.49 billion. In personnel changes, Huntsman announced the appointment of Julia Wright as Executive Vice President, General Counsel, and Secretary, effective October 13, 2025. Wright brings extensive experience, having held similar roles at ChampionX Corporation and Nabors Industries Ltd. Meanwhile, KeyBanc Capital Markets has maintained its Sector Weight rating on Huntsman, citing ongoing demand challenges in key markets such as automotive and aerospace. These recent developments provide a glimpse into the current state of Huntsman Corporation’s operations and market positioning.
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