Axalta Coating Systems (NYSE:AXTA) Updates Q3 2026 Earnings Guidance

Axalta Coating Systems (NYSE:AXTA) issued an update on its third quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.700-0.700 for the period, compared to the consensus estimate of 0.720. The company issued revenue guidance of -. Axalta Coating Systems also updated its FY 2026 guidance to 2.550-2.700 EPS.

Analyst Ratings Changes

AXTA has been the topic of a number of research reports. Wells Fargo & Company downgraded shares of Axalta Coating Systems from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $39.00 to $30.00 in a report on Friday, April 10th. Robert W. Baird raised their target price on shares of Axalta Coating Systems from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Wednesday. Royal Bank Of Canada upped their price target on Axalta Coating Systems from $34.00 to $36.00 and gave the company a “sector perform” rating in a report on Wednesday, July 8th. BMO Capital Markets reissued a “market perform” rating on shares of Axalta Coating Systems in a research note on Wednesday. Finally, Mizuho lifted their target price on Axalta Coating Systems from $32.00 to $39.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Four investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $35.67.

Axalta Coating Systems Stock Down 0.5%

AXTA stock opened at $35.25 on Wednesday. Axalta Coating Systems has a 52-week low of $24.94 and a 52-week high of $35.98. The company’s 50 day simple moving average is $32.63 and its 200-day simple moving average is $31.24. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.10 and a quick ratio of 1.53. The firm has a market capitalization of $7.54 billion, a P/E ratio of 20.72, a P/E/G ratio of 1.65 and a beta of 1.24.

Axalta Coating Systems (NYSE:AXTA) last posted its quarterly earnings data on Tuesday, July 28th. The specialty chemicals company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.07. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.31 billion. Axalta Coating Systems had a net margin of 7.22% and a return on equity of 22.37%. The company’s revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the business posted $0.64 EPS. Axalta Coating Systems has set its FY 2026 guidance at 2.550-2.700 EPS and its Q3 2026 guidance at 0.700-0.700 EPS. As a group, equities research analysts anticipate that Axalta Coating Systems will post 2.59 EPS for the current year.

Axalta Coating Systems News Roundup

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

• Positive Sentiment: Q2 earnings and revenue beat estimates: Axalta reported adjusted earnings of $0.72 per share, versus the $0.65 consensus estimate and $0.64 a year earlier. Revenue increased 3.1% year over year to $1.35 billion, exceeding expectations of $1.31 billion. Axalta Releases Second Quarter 2026 Results
• Positive Sentiment: Profitability showed improvement: The quarter featured strong EBITDA growth, while return on equity reached 22.37% and net margin was 7.22%. The earnings beat and stronger operating performance were the primary catalysts behind the favorable investor reaction. Q2 2026 Earnings Call Highlights
• Neutral Sentiment: Full-year outlook remains broadly in line: Axalta maintained fiscal 2026 EPS guidance of $2.55 to $2.70, compared with analyst expectations of $2.59. The midpoint is slightly above consensus, but the range indicates limited upside relative to current forecasts. Q2 Earnings and Revenues Surpass Estimates
• Negative Sentiment: Q3 guidance trails expectations: Axalta forecast third-quarter EPS of $0.70, below the $0.72 consensus estimate. This more cautious near-term outlook could temper enthusiasm following the quarterly earnings beat. Axalta Tops Estimates
• Neutral Sentiment: Baird raised its price target: Robert W. Baird increased its target from $35 to $37 but retained a “neutral” rating, implying only modest additional upside from the reported $35.52 reference price.

Hedge Funds Weigh In On Axalta Coating Systems

Institutional investors and hedge funds have recently modified their holdings of the stock. Invesco Ltd. raised its stake in shares of Axalta Coating Systems by 9.2% during the 4th quarter. Invesco Ltd. now owns 448,926 shares of the specialty chemicals company’s stock worth $14,505,000 after purchasing an additional 37,925 shares in the last quarter. Corient Private Wealth LLC acquired a new stake in shares of Axalta Coating Systems in the 4th quarter valued at $1,331,000. Mercer Global Advisors Inc. ADV increased its position in Axalta Coating Systems by 41.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 80,587 shares of the specialty chemicals company’s stock worth $2,604,000 after buying an additional 23,697 shares during the last quarter. State of Tennessee Department of Treasury increased its position in Axalta Coating Systems by 15.6% during the fourth quarter. State of Tennessee Department of Treasury now owns 82,730 shares of the specialty chemicals company’s stock worth $2,778,000 after buying an additional 11,152 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new position in Axalta Coating Systems during the fourth quarter valued at about $394,000. 98.28% of the stock is currently owned by hedge funds and other institutional investors.

Axalta Coating Systems Company Profile

Axalta Coating Systems is a global leader in the development, manufacture and sale of liquid and powder coatings. The company’s product portfolio spans refinish coatings for the automotive collision repair market, original equipment manufacturer (OEM) coatings for new vehicle production, and industrial coatings including electrodeposition (E-coat) and powder coatings for a variety of sectors such as architecture, heavy equipment and general industrial applications.

Tracing its roots to the 19th century and rebranded as Axalta following its separation from DuPont Performance Coatings in 2013, the company has built a presence in more than 100 countries.