Huntsman stock falls 3.41 percent as merger advances

Published on 09/25/2026 at 11:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Huntsman stock stood at USD 8.79 on September 24, 2026, after a 3.41 percent daily decline. Second-quarter revenue beat estimates, but adjusted EPS missed.

HUN, US4470111075, Illustration mit AI erstellt.

Huntsman stock (ISIN US4470111075) stood at USD 8.79 on the NYSE on September 24, 2026, down 3.41 percent from the previous close of USD 9.10. The key corporate event is the proposed merger with Olin, whose antitrust waiting period expired on September 11, 2026, according to Huntsman.

Merger clears one regulatory hurdle

The expiration of the Hart-Scott-Rodino waiting period satisfied one key closing condition for the planned merger of equals. Shareholders of both companies had approved the transaction on August 25, 2026, while additional regulatory approvals and customary closing conditions remain part of the process, the company said in its September 11, 2026 release.

The milestone gives Huntsman a defined corporate catalyst, but it does not remove execution risk. The combined business is intended to create a chemicals group with more than USD 12 billion in revenue, according to the investor-relations description of the transaction.

Revenue beats while EPS misses

Huntsman generated USD 1.66 billion of revenue in the second quarter of 2026, compared with a USD 1.60 billion consensus estimate, a 3.75 percent beat. Adjusted earnings per share were USD 0.00 against a USD 0.06 estimate, according to MarketScreener.

Operating improvement was concentrated in key businesses. Polyurethanes revenue rose 16 percent year over year and adjusted EBITDA reached USD 66 million, while Advanced Materials revenue increased 19 percent and adjusted EBITDA advanced 42 percent, according to Nasdaq.

Management projected third-quarter adjusted EBITDA of USD 60 million to USD 75 million. The cost-savings program reached a USD 120 million annualized run rate in the second quarter, above its USD 100 million target, adding an operational benchmark to the merger story.

Analyst target stays above market price

KeyBanc initiated coverage at Overweight with a USD 14.00 price target on September 11, 2026, citing expected merger synergies, as Investing.com reported. The target lies 59.27 percent above the September 24 price of USD 8.79, making merger execution and the projected EBITDA improvement central valuation tests.

Huntsman stock remains below yearly high

Huntsman stock traded between USD 7.30 and USD 16.09 over the 52-week period as of September 24, 2026. Its USD 1.54 billion market capitalization and 2,048,532-share trading volume on that date put the current valuation below the midpoint of the yearly range.