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Research Alert: CFRA Raises View On Shares Of Huntsman Corporation To Sell From Strong Sell

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target price by $3 to $12, based on 9.2x EV/EBITDA our 2027 estimate, in line with peers at 9.3x. We narrow our 2026 loss estimate by $0.17 to $0.25 and lower our 2027 EPS estimate by $0.05 to $0.10. While HUN is implementing aggressive pricing to offset feedstock inflation from the Middle East conflict, we remain cautious on demand sustainability. Management noted Q2 order patterns reflect seasonality, pre-buying ahead of price increases, and supply disruptions factors that may not persist into H2 2026. HUN faces structural challenges including European natural gas costs significantly higher than the U.S., pressuring its cost position. Although Polyurethanes operating rates improved to the high-80s and management targets mid-teen EBITDA margins, we believe achieving normalized profitability requires sustained demand recovery that remains uncertain given inflation concerns and mixed housing indicators. Free cash flow was -$91M in Q1, improving from -$107M Y/Y but still negative.

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