Huntsman Q1 revenue beats analyst expectations on polyurethanes demand

Overview

• US chemicals maker's Q1 revenue rose slightly, beating analyst expectations

• Adjusted loss per share for Q1 met analyst consensus

• Adjusted EBITDA for Q1 beat analyst expectations

Outlook

• Huntsman anticipates improved profitability in Q2 2026 due to higher volumes and margin expansion

• Company expects market conditions to remain highly unpredictable amid geopolitical volatility

• Huntsman expects 2026 capital expenditures to be similar to 2025

Result Drivers

• FEEDSTOCK COST VOLATILITY - Co said war in the Middle East caused a sharp rise in feedstock costs, particularly benzene and European natural gas, leading to increased price volatility

• SEGMENT PERFORMANCE - Polyurethanes revenue rose on higher sales volumes in Americas and Europe, but margins weakened due to lower average selling prices

• ADVANCED MATERIALS GROWTH - Advanced Materials revenue grew as sales into aerospace, power, and automotive markets increased

• PERFORMANCE PRODUCTS DECLINE - Performance Products revenue and EBITDA fell due to lower sales volumes from a facility closure and weaker demand, as well as shipment disruptions in Saudi Arabia

Company press release: ID:nPn6klZrfa

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 10 "hold" and 4 "sell" or "strong sell"

• The average consensus recommendation for the diversified chemicals peer group is "buy."

• Wall Street's median 12-month price target for Huntsman Corp is $13.00, about 1.9% below its April 29 closing price of $13.25

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.