International Flavors & Fragrances stock reports a Q2 miss

Published on 09/24/2026 at 12:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

International Flavors & Fragrances stock traded at USD 85.71 on September 23, 2026, 4.0 percent below its yearly high. Q2 revenue missed the USD 2.62 billion consensus.

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International Flavors & Fragrances stock (ISIN US4595061015) closed at USD 85.71 on the NYSE on September 23, 2026, down 0.09 percent from the prior session and 4.0 percent below its 52-week high of USD 89.32. The latest earnings report puts the company between a sharp quarterly estimate miss and a higher full-year sales outlook.

The earnings gap matters

For Q2 2026, revenue reached USD 1.95 billion, compared with USD 2.62 billion expected by analysts. Adjusted EPS came in at USD 0.82 against a USD 1.07 consensus estimate, according to MarketBeat in its September 17, 2026 report on the August 4 results.

The revenue gap was USD 670 million on the rounded figures reported by MarketBeat, while year-over-year revenue still increased 1.8 percent. That combination matters because the company is trying to convert volume growth into stronger profitability while absorbing portfolio-related costs.

Guidance sets a narrower path

Management raised the low end of its continuing-operations sales outlook for 2026. The range is now USD 7.4 billion to USD 7.6 billion, representing 2 percent to 4 percent growth, compared with the earlier 1 percent to 4 percent range, as reported in the Q2 earnings transcript by The Globe and Mail.

The same outlook calls for 2026 EBITDA of USD 1.53 billion to USD 1.6 billion, or 4 percent to 8 percent growth. The earnings mix is therefore shifting toward execution: volume remains the central growth driver, while productivity must offset input costs and temporary stranded costs.

Stock stays below yearly high

At the September 23 close, the USD 85.71 share price stood below the 52-week high of USD 89.32 and above the 52-week low of USD 59.14. The market capitalization was USD 21.88 billion on the same date.

Analysts tracked by MarketBeat reported a Moderate Buy consensus and an average 12-month price target of USD 91.40 on September 5, 2026. That target sits USD 5.69 above the September 23 closing price, leaving the quarterly execution and the 2026 guidance range as the key valuation reference points.