AkzoNobel confirms EUR 1.47 billion guidance: AkzoNobel stock sits 12.19 percent below high

Published on 10/22/2026 at 12:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AkzoNobel confirms EUR 1.47 billion 2026 guidance. AkzoNobel stock costs EUR 59.39 on October 22, 2026, 12.19 percent below its EUR 67.64 high.

Guidance and margin direction

AkzoNobel confirmed EUR 1.47 billion adjusted EBITDA guidance on October 21, 2026.
Third-quarter adjusted EBITDA reached EUR 388 million and the margin rose to 15.30 percent.
AkzoNobel stock trades at EUR 59.39 at 12:03 p.m. CEST at Lang & Schwarz on October 22, 2026.
Bernstein kept its EUR 62.00 target and Market-Perform rating on October 21, 2026.

Isometrische 3D-Grafik der Produktionskette von Akzo Nobel N.V — Isometrische 3D-Grafik visualisiert Wertschöpfungskette der Farbenproduktion von Akzo Nobel N.V., ISIN NL0013267909, anschaulich dargestellt, Illustration mit AI erstellt.

AkzoNobel (NL0013267909) confirmed adjusted EBITDA guidance of EUR 1.47 billion for fiscal year 2026 after reporting third-quarter adjusted EBITDA of EUR 388 million and a 15.30 percent margin on October 21, 2026. The stock was EUR 59.39 at Lang & Schwarz on October 22, 2026, while the 52-week high stood at EUR 67.64. Global Banking and Finance reported that the company maintained its full-year outlook after the quarterly update.

Quarterly figures show pricing power

Revenue reached EUR 2.538 billion in the third quarter of 2026, compared with EUR 2.547 billion in the third quarter of 2025. Organic sales growth was 2.00 percent, as 5.00 percent pricing more than offset a 2.00 percent volume decline, according to ICIS.

The operating loss widened to EUR 73 million from EUR 29 million in the third quarter of 2025. The company attributed the result to a EUR 230 million Russia deconsolidation impact, a EUR 46 million Pakistan divestment impact and merger-related costs, while adjusted EBITDA rose from EUR 385 million to EUR 388 million, according to MarketScreener.

What does the margin mean?

The adjusted EBITDA margin increased from 15.10 percent to 15.30 percent year over year, marking a sixth consecutive quarter of improvement. For investors, the key tension is visible in the same quarter: pricing protected profitability, but the 2.00 percent volume decline and the wider reported operating loss raise the execution burden for the final quarter.

Three dated signals for AkzoNobel

On October 6, 2026, Deutsche Bank Research kept a Hold rating with a EUR 60.00 target, as listed by t-online. On October 20, 2026, Bernstein maintained its EUR 62.00 target and Neutral rating, according to MarketScreener. On October 21, 2026, AkzoNobel confirmed EUR 1.47 billion adjusted EBITDA guidance and reported EUR 388 million of third-quarter adjusted EBITDA.

What comes next for the merger?

The planned Axalta merger is expected to close in early 2027, according to Global Banking and Finance. Management also targets an adjusted EBITDA margin above 16.00 percent in the medium term, compared with 15.30 percent in the third quarter of 2026.

Stock valuation stays below yearly high

AkzoNobel stock was trading at EUR 59.39 at Lang & Schwarz on October 22, 2026 at 12:03 p.m. CEST. The price is 12.19 percent below the 52-week high of EUR 67.64 and within the 52-week range of EUR 46.18 to EUR 67.64, based on the same October 22, 2026 quote.