$AXTA

Axalta Coating Systems Ltd.

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Key facts: NYSE:AXTA merger on track; U.S. wood unit to be sold

Axalta Coating Systems (AXTA) is on track to complete a €25B merger with AkzoNobel in early 2027. The company will sell its U.S. wood finishes unit to address EU antitrust concerns, with no further divestitures requested by regulators, according to Reuters.

Akzo Nobel and Axalta Announce "Axanzo" as Name for Merged Entity

Akzo Nobel (AKZOY) and Axalta (AXTA) will name their merged entity Axanzo. Akzo Nobel rejected a cash offer from Nippon Paint and Sherwin-Williams. Governance changes were made following shareholder feedback. Both companies will retain their brands under the new corporate identity.

AXTA sentiment & insider activity

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News on $AXTA

Score

‘We See Current Valuation as Attractive’: Barclays Pulls the Trigger on 2 Overlooked Stocks

Barclays analyst Aleksey Yefremov identifies Axalta Coating Systems (AXTA) and PPG Industries (PPG) as attractive investments in the coatings industry. The sector is projected to grow to $144.79 billion by 2034. AXTA is set to merge with AkzoNobel, with Yefremov expecting transformational benefits. PPG, a leader in paints and coatings, has a diverse product portfolio. Both stocks are seen as having double-digit upside potential.

$AXTAMedAI 8/10

EU Approval May Depend on Akzo Nobel Refinish Sale

Akzo Nobel (AKZOY) and Axalta (AXTA) are reportedly nearing EU approval for their merger, contingent on selling Akzo Nobel's vehicle refinish business. The companies met with EU officials to discuss remedies, with a formal proposal expected. The merger, announced in 2025, aims to create a coatings company with $17B in annual revenue and $25B in enterprise value, but is subject to regulatory approvals.

Goldman Sachs raises Axalta Coating Systems stock price target to $38

Goldman Sachs raised its price target for Axalta Coating Systems (NYSE:AXTA) to $38 from $36, maintaining a Buy rating. The firm cited normalized earnings levels and a P/E multiple increase to 12.8x for 2027. Axalta faces industry risks, including macroeconomic demand and raw material cost inflation. Other analysts have also commented on Axalta, with KeyBanc setting a $47 target and BMO at $39.

Sherwin-Williams stock price target cut by Goldman on lower peer multiples

Goldman Sachs cut Sherwin-Williams' (SHW) price target to $410 from $420, citing lower peer multiples. It also adjusted targets for Axta (AXTA), PPG (PPG), Tronox (TROX), Kronos (KRO), and Chemours (CC). Goldman noted mixed industry trends, including stable architectural coatings demand and raw material headwinds. Price targets were lowered for SHW, PPG, TROX, KRO, and CC, while AXTA's target was raised.

BMO reiterates Axalta Coating Systems stock rating at Market Perform

BMO Capital reiterated its Market Perform rating on Axalta Coating Systems (AXTA) with a $39.00 price target. The stock is trading at $32.44, 16% below its 52-week high. Management expressed confidence in the transaction and earnings outlook. AXTA reported Q2 2026 earnings of $0.72 per share, beating estimates, with revenue of $1.35 billion. The company's adjusted EBITDA reached $305 million, and free cash flow increased to $107 million.

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