BASF opens the week with Q2 earnings focus, shares steady

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-29, 14:14.

BASF (DE000BASF111) opens the week with its second-quarter earnings window in view. MarketScreener and recent desk coverage point to a cautious analyst backdrop for the BASF shares on Xetra and Tradegate.

Analysts stay cautious

Jefferies left BASF at Hold with a 49 euro target on June 25, while MarketScreener’s consensus page still shows a majority Hold view. That keeps the stock anchored in a cautious analyst frame before the earnings date.

Reuters has also described the European chemicals backdrop as muted, with BASF among the names still tied to weak industrial demand and narrow visibility. The market read is concrete, not dramatic, and it is visible in the way analysts phrase the setup.

Calendar and consensus

Tuesday brings the next regular analyst angle, because BASF’s quarter remains the central scheduled item this week. For German readers, the live reference point stays Xetra, where the stock trades alongside Tradegate quotes and consensus checks.

On the numbers, MarketScreener lists a Hold majority, with a smaller Buy camp still in place. That split matters because it shows how little agreement there is on the speed of an earnings recovery.

Coatings and chemicals

BASF Coatings is one of the group’s concrete product pillars, alongside intermediates, performance materials and agricultural solutions. The coatings unit is part of the wider chemicals portfolio that investors track for margin recovery and demand signals.

Xetra price at midday

The BASF shares (DE000BASF111) trade on 2026-06-29, 12:00 on Xetra at 45.20 euros.