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Research Alert: Oln Maintained At Hold On Q2 Ebitda Improvement: Tp $32

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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 maintain our Hold rating (3-STARS) and increase our target price to $32. This is derived using an EV/EBITDA multiple of 7.5x and our 2027 EBITDA estimate of $872 million. Olin reported a net loss of ($83.0M), or ($0.73) per share, in Q1 2026 as the Chlor Alkali Products and Vinyls segment swung to a loss on lower pricing, reduced volumes following the Blue Water Alliance exit, and $36.1M in legacy litigation charges. The company delivered sequential adjusted EBITDA improvement from Q4 2025, supported by its Beyond250 cost reduction program. Epoxy returned to profitability with growth in European operations, while Winchester revenue increased 21% on higher military sales, although margins compressed from commodity cost inflation. Management guided Q2 2026 adjusted EBITDA to $160M-$200M, reflecting expected seasonal demand improvement and pricing gains across Chemicals businesses along with continued Winchester demand momentum. We cut our 2026 EPS estimate by $0.62 to $-0.43 and keep 2027's as $1.25.

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