Axalta Coating Systems (NYSE:AXTA) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan raised Axalta’s price target from $33 to $34 while maintaining a “neutral” rating, implying virtually no upside from the stock’s recent $33.99 price. The broader analyst consensus remains “Hold,” with a $38.55 target.
• Axalta’s latest quarter fell short of expectations: adjusted EPS was $0.63 versus the $0.70 consensus, while revenue reached $1.31 billion compared with estimates of $1.33 billion. Revenue still increased 1.8% year over year.
• The stock is heavily institutionally owned, with investors holding 98.28% of outstanding shares. Potential future catalysts include projected 2026 adjusted EBITDA of $1.10 billion-$1.11 billion and possible cost savings from the proposed Akzo Nobel merger.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) had its target price increased by research analysts at JPMorgan Chase & Co. from $33.00 to $34.00 in a research report issued on Friday, Benzinga reports. The firm presently has a "neutral" rating on the specialty chemicals company's stock. JPMorgan Chase & Co.'s target price suggests a potential upside of 0.04% from the stock's current price.

Several other equities research analysts have also commented on the stock. Weiss Ratings raised shares of Axalta Coating Systems from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, October 16th. Wall Street Zen downgraded shares of Axalta Coating Systems from a "strong-buy" rating to a "buy" rating in a research note on Sunday, October 4th. Robert W. Baird lifted their target price on Axalta Coating Systems from $35.00 to $37.00 and gave the company a "neutral" rating in a report on Wednesday, July 29th. KeyCorp reaffirmed an "overweight" rating on shares of Axalta Coating Systems in a report on Monday, October 5th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and set a $38.00 price target on shares of Axalta Coating Systems in a research report on Friday, October 9th. Five analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $38.55.

Axalta Coating Systems Price Performance

Shares of NYSE AXTA traded up $0.38 during mid-day trading on Friday, reaching $33.99. 1,717,376 shares of the company were exchanged, compared to its average volume of 2,447,003. The company's 50 day moving average price is $34.03 and its 200 day moving average price is $32.34. Axalta Coating Systems has a 52 week low of $24.94 and a 52 week high of $38.61. The stock has a market capitalization of $7.27 billion, a PE ratio of 20.98, a PEG ratio of 1.87 and a beta of 1.26. The company has a quick ratio of 1.12, a current ratio of 1.53 and a debt-to-equity ratio of 0.99.

Axalta Coating Systems (NYSE:AXTA - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The specialty chemicals company reported $0.63 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.70 by ($0.07). The firm had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.33 billion. Axalta Coating Systems had a return on equity of 22.35% and a net margin of 6.78%. The business's quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the business earned $0.67 earnings per share. Sell-side analysts forecast that Axalta Coating Systems will post 2.63 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Axalta Coating Systems

Institutional investors have recently bought and sold shares of the business. Formuepleje A S raised its position in shares of Axalta Coating Systems by 0.5% during the 3rd quarter. Formuepleje A S now owns 60,905 shares of the specialty chemicals company's stock valued at $1,959,000 after acquiring an additional 321 shares during the last quarter. GAMMA Investing LLC increased its stake in Axalta Coating Systems by 18.8% in the 3rd quarter. GAMMA Investing LLC now owns 2,615 shares of the specialty chemicals company's stock valued at $84,000 after buying an additional 413 shares during the last quarter. NorthCrest Asset Manangement LLC raised its stake in shares of Axalta Coating Systems by 8.9% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 7,550 shares of the specialty chemicals company's stock worth $248,000 after purchasing an additional 614 shares in the last quarter. Mint Tower Capital Management B.V. bought a new position in shares of Axalta Coating Systems during the second quarter worth approximately $31,000. Finally, State of Michigan Retirement System boosted its stake in shares of Axalta Coating Systems by 2.0% in the first quarter. State of Michigan Retirement System now owns 51,400 shares of the specialty chemicals company's stock valued at $1,424,000 after buying an additional 1,000 shares during the period. 98.28% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Axalta Coating Systems

Here are the key news stories impacting Axalta Coating Systems this week:

• Positive Sentiment: Barclays lowered its price target modestly from $45 to $44 but maintained an “overweight” rating, implying approximately 29.5% potential upside from the referenced price. Barclays lowers Axalta price target
• Positive Sentiment: Axalta guided to approximately $1.10 billion-$1.11 billion in 2026 adjusted EBITDA and forecast fourth-quarter adjusted EPS of about $0.55, giving investors visibility into its near-term profitability expectations. Axalta guidance for 2026 EBITDA and fourth-quarter EPS
• Neutral Sentiment: Management reported third-quarter revenue of approximately $1.31 billion, up 1.8% year over year, while net income was about $95 million. The results indicate continued top-line growth but limited earnings momentum. Axalta third-quarter earnings results
• Negative Sentiment: Third-quarter adjusted EPS was $0.63, below consensus estimates near $0.70-$0.71 and down from $0.67 a year earlier. Revenue also missed expectations of roughly $1.33 billion, increasing concerns about margins and demand. Axalta third-quarter earnings and revenue miss
• Positive Sentiment: Ariel Global Fund highlighted potential cost savings from Axalta’s proposed merger with Akzo Nobel, offering a possible longer-term catalyst if the transaction produces expected synergies. Ariel Global Fund discusses Axalta and Akzo Nobel merger

Axalta Coating Systems Company Profile

Axalta Coating Systems Ltd. NYSE: AXTA develops, manufactures and sells coatings and coating technologies designed to protect, enhance and improve the appearance of vehicles, equipment and industrial products. Its offerings include liquid, powder and electrocoat products, along with related color-management tools, application technologies and technical services.

The company serves several markets, including automotive original equipment manufacturers, automotive refinish businesses, commercial transportation, industrial equipment, architecture and general manufacturing.

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