Avient (NYSE:AVNT) Given New $50.00 Price Target at Truist Financial

Key Points

• Truist Financial raised Avient’s price target to $50 from $44 while maintaining a “buy” rating, implying about 15.6% upside. Analysts overall have a “Moderate Buy” consensus and an average target of $46.57.
• Avient surpassed quarterly expectations, reporting adjusted EPS of $0.96 versus $0.89 expected and revenue of $917 million versus $898.5 million expected. Revenue rose 5.8% year over year.
• Management raised its 2026 adjusted EPS outlook to $3.10–$3.25 and issued third-quarter guidance of $0.80 per share, above analyst expectations; strong cash flow also supported a $50 million debt repayment.

Avient (NYSE:AVNT - Get Free Report) had its price target hoisted by equities researchers at Truist Financial from $44.00 to $50.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. Truist Financial's target price points to a potential upside of 15.61% from the company's current price.

Other equities analysts have also issued research reports about the stock. Robert W. Baird set a $43.00 price target on shares of Avient in a report on Friday, May 8th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Avient in a research report on Wednesday, May 13th. Finally, UBS Group set a $44.00 target price on Avient in a report on Monday, June 8th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Avient presently has a consensus rating of "Moderate Buy" and a consensus price target of $46.57.

Avient Trading Up 1.4%

Shares of AVNT stock opened at $43.25 on Friday. The firm has a market cap of $3.97 billion, a P/E ratio of 25.16, a PEG ratio of 1.19 and a beta of 1.27. Avient has a 1-year low of $27.48 and a 1-year high of $44.85. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.77 and a quick ratio of 1.29. The firm's 50-day simple moving average is $36.68 and its 200-day simple moving average is $36.97.

Avient (NYSE:AVNT - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.07. Avient had a net margin of 4.81% and a return on equity of 11.11%. The business had revenue of $917.00 million for the quarter, compared to analysts' expectations of $898.53 million. During the same period last year, the company earned $0.80 earnings per share. The company's quarterly revenue was up 5.8% on a year-over-year basis. Avient has set its FY 2026 guidance at 3.100-3.250 EPS and its Q3 2026 guidance at 0.800-0.800 EPS. As a group, equities analysts forecast that Avient will post 3.08 EPS for the current year.

Hedge Funds Weigh In On Avient

A number of hedge funds have recently made changes to their positions in the business. TD Private Client Wealth LLC increased its holdings in Avient by 342.3% in the 4th quarter. TD Private Client Wealth LLC now owns 942 shares of the company's stock valued at $29,000 after purchasing an additional 729 shares in the last quarter. Torren Management LLC acquired a new position in shares of Avient during the fourth quarter worth about $39,000. Danske Bank A S acquired a new position in shares of Avient during the third quarter worth about $40,000. Quarry LP boosted its position in shares of Avient by 83.1% in the third quarter. Quarry LP now owns 1,234 shares of the company's stock worth $41,000 after buying an additional 560 shares during the period. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Avient in the fourth quarter worth about $43,000. Hedge funds and other institutional investors own 95.48% of the company's stock.

Trending Headlines about Avient

Here are the key news stories impacting Avient this week:

• Positive Sentiment: Avient exceeded quarterly estimates. Second-quarter adjusted EPS rose 20% year over year to $0.96, topping the $0.89 consensus estimate. Sales increased 5.8% to $917 million, above the $898.5 million forecast, with 4.3% organic growth and favorable foreign-exchange effects. Avient Announces Second Quarter 2026 Results; Increases Full-Year Guidance
• Positive Sentiment: Management raised its 2026 earnings outlook. Avient now expects full-year adjusted EPS of $3.10 to $3.25, up from its prior range of $2.93 to $3.17 and representing approximately 10% to 15% growth from the prior year. The new midpoint is also above the roughly $3.08 analyst consensus. Avient Announces Second Quarter 2026 Results; Increases Full-Year Guidance
• Positive Sentiment: Third-quarter guidance also surpassed expectations. Avient projected adjusted EPS of $0.80, compared with the $0.74 consensus estimate, signaling continued earnings momentum into the next quarter.
• Positive Sentiment: Cash generation is supporting balance-sheet improvement. Strong quarterly cash flow enabled Avient to repay $50 million of debt, with management targeting total debt repayment of $100 million to $150 million during 2026. Avient Corporation 2026 Q2 Results Earnings Call Presentation
• Neutral Sentiment: Recent Zacks commentary highlighted Avient’s value, dividend and relative sector performance, but these are general investment screens rather than new company-specific catalysts. Avient’s quarterly GAAP EPS was $0.70, while adjusted EPS was $0.96, making the adjusted results and raised guidance the primary drivers of investor optimism.

About Avient

Avient Corporation NYSE: AVNT is a global provider of specialized and sustainable polymer materials, delivering color, additive and engineered solutions to a wide range of industries. The company's core offerings include masterbatches, colorant systems, compounds and resins designed to enhance performance, aesthetics and environmental sustainability. Avient serves markets such as packaging, automotive, consumer goods, healthcare, electronics, and agriculture, tailoring products to meet stringent regulatory and end-use requirements.

Formed through a corporate rebranding in 2020 following the divestiture of PolyOne's specialty businesses, Avient traces its heritage to a legacy of polymer innovation spanning decades.

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