Truist Financial Forecasts Strong Price Appreciation for Avient (NYSE:AVNT) Stock

Key Points

• Truist raised its price target on Avient to $56 from $50 and maintained a Buy rating, implying about 19% upside from the stock’s cited price.
• Analyst views are mixed: Avient has a consensus Hold rating and an average price target of $47.12, with three Buy and four Hold ratings.
• Avient’s latest quarter beat expectations, with revenue up 10.5% year over year and EPS of $0.86 versus the $0.80 consensus; the company also raised its 2026 adjusted EPS guidance.

Avient (NYSE:AVNT - Get Free Report) had its target price increased by research analysts at Truist Financial from $50.00 to $56.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage currently has a "buy" rating on the stock. Truist Financial's price objective would indicate a potential upside of 19.19% from the stock's current price.

A number of other research firms also recently commented on AVNT. Wall Street Zen downgraded shares of Avient from a "strong-buy" rating to a "buy" rating in a report on Saturday, October 17th. Zacks Research downgraded shares of Avient from a "strong-buy" rating to a "hold" rating in a research note on Friday, October 30th. Barclays began coverage on Avient in a research report on Monday, October 12th. They set an "equal weight" rating and a $44.00 price target on the stock. Wells Fargo & Company raised their price target on Avient from $47.00 to $48.00 and gave the company an "overweight" rating in a report on Friday, August 7th. Finally, Weiss Ratings upgraded shares of Avient from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday, September 18th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $47.12.

Avient Stock Down 1.8%

NYSE:AVNT traded down $0.88 during trading hours on Thursday, reaching $46.98. The company's stock had a trading volume of 92,852 shares, compared to its average volume of 821,849. Avient has a one year low of $27.48 and a one year high of $49.08. The company has a market cap of $4.31 billion, a price-to-earnings ratio of 25.40, a price-to-earnings-growth ratio of 1.25 and a beta of 1.23. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.90 and a quick ratio of 1.35. The business's 50-day moving average is $41.55 and its 200-day moving average is $38.63.

Avient (NYSE:AVNT - Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.06. The firm had revenue of $891.20 million during the quarter, compared to the consensus estimate of $857.49 million. Avient had a return on equity of 11.64% and a net margin of 5.10%. The firm's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.70 EPS. Equities research analysts predict that Avient will post 3.20 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted its holdings in shares of Avient by 51.9% during the first quarter. EverSource Wealth Advisors LLC now owns 1,241 shares of the company's stock worth $45,000 after acquiring an additional 424 shares during the period. Fulcrum Asset Management LLP grew its position in shares of Avient by 16,450.0% in the third quarter. Fulcrum Asset Management LLP now owns 1,324 shares of the company's stock valued at $54,000 after purchasing an additional 1,316 shares during the last quarter. Signaturefd LLC increased its stake in shares of Avient by 145.3% during the third quarter. Signaturefd LLC now owns 1,425 shares of the company's stock worth $57,000 after purchasing an additional 844 shares during the period. Nykredit A S bought a new position in shares of Avient during the second quarter worth approximately $61,000. Finally, Allworth Financial LP bought a new position in shares of Avient during the second quarter worth approximately $66,000. Institutional investors own 95.48% of the company's stock.

Key Stories Impacting Avient

Here are the key news stories impacting Avient this week:

• Positive Sentiment: Third-quarter revenue increased 10.5% year over year to $891.2 million, topping expectations of about $857.5 million. Adjusted EPS rose 23% year over year to $0.86, beating estimates of $0.80–$0.81; the company attributed the earnings outperformance primarily to stronger-than-expected sales growth. Avient Q3 results and outlook
• Positive Sentiment: Avient raised its 2026 adjusted EPS guidance to $3.22–$3.32 from $3.10–$3.25, implying 14%–18% growth over the prior year. Higher guidance signals management’s stronger earnings outlook. Avient earnings call outlook
• Positive Sentiment: Strong cash generation enabled $50 million of debt repayment in the quarter and $100 million year to date. A separate report also highlighted a share repurchase—the company’s first since 2022—which may support shareholder returns. Avient Q3 earnings and buyback

About Avient

Avient Corporation NYSE: AVNT is a global provider of specialized and sustainable polymer materials. The company develops, formulates and manufactures engineered materials, colorants, additives and performance-enhancing solutions used to improve the appearance, durability, processing and functionality of plastic products.

Its offerings include specialty polymer formulations, thermoplastic compounds, color and additive concentrates, advanced composites, barrier technologies and recycled or bio-based material solutions.

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