$SOLS

Starboard Value CEO Jeffrey Smith called Solstice Advanced Materials (SOLS) 'stupid cheap' at a summit, citing undervaluation due to management issues. SOLS is up 34.20% YTD but down 28% from its high. Starboard proposes focusing on high-growth segments and cutting $100M in costs. SOLS reported Q2 2026 sales of $1.148B, up 11% YoY, with adjusted EPS of $0.88. A failed $14.5B acquisition deal in July-August may have shaken investor confidence.

BMO Capital raised its price target for Solstice Advanced Materials Inc. (NASDAQ:SOLS) to $87.00, citing cost-cutting plans and portfolio focus. The stock currently trades at $63.06. The company reported Q2 adjusted earnings of $0.88 per share, beating estimates, and raised its full-year outlook. Analysts Seaport Global and Jefferies also initiated coverage with buy ratings and price targets of $80.00 and $86.00, respectively.

Solstice Advanced Materials (SOLS) stock rose 3.0% pre-market after Starboard Value disclosed a significant stake, urging cost cuts and focus on refrigerants and nuclear energy. Starboard sees value in Solstice's standalone business, particularly its nuclear segment. Analysts maintain a 'Strong Buy' consensus with price targets above current levels. The rally contrasts with broader market declines, highlighting company-specific momentum.

Solstice's (SOLS) nuclear revenue rose 27% year-on-year to $125 million in Q2. The stock gained 2% overnight and 24% year-to-date. Retail sentiment on Stocktwits is bullish.

Starboard Value has acquired a stake in Solstice Advanced Materials (SOLS) and is pushing for $100M in cost cuts, focusing on core businesses. The move follows Solstice's abandoned $14.5B acquisition of Element Solutions, which faced investor scrutiny. Starboard sees growth potential in Solstice's nuclear operations due to rising AI-driven electricity demand. Solstice shares surged post-spinoff but fell after the failed deal.

Solstice Advanced Materials (SOLS) plans a $49M investment to expand R&D in Buffalo, NY, supported by up to $1.4M in tax credits from NY State. The funds will enhance capabilities in refrigerants, cooling, and energy storage, creating 12 new jobs by 2027. The company aims to strengthen innovation for high-growth markets.

Seaport Global Securities initiated coverage on Solstice Advanced Materials (NASDAQ:SOLS) with a buy rating and $80.00 price target. The company trades at $61.27, with revenue of $4.1B and EBITDA of $892M over the last 12 months. Solstice reported Q2 earnings of $0.88 EPS, beating estimates, and raised its full-year outlook. The company also terminated a merger agreement with Element Solutions and approved a $500M share repurchase program.

Analysts made several rating changes: UBS upgraded Invesco (IVZ) to Buy with a $41 target, Raymond James initiated M&T Bank (MTB) as Outperform with a $250 target, Morgan Stanley upgraded Nexa Resources (NEXA) to Overweight, and others. KeyBanc upgraded Corteva (CTVA) to Overweight with a $17 target, Jefferies upgraded Ambiq Micro (AMBQ) to Buy with a $90 target, and Citi upgraded Flutter to Buy with a $91 target.

Honeywell has split into three companies: Solstice Advanced Materials, Honeywell Technologies, and Honeywell Aerospace. Honeywell Aerospace, focusing on aerospace systems, reported Q2 sales of $4.5B, up 5% YoY, but EPS down 32% due to spinoff costs. Its backlog is $18.1B, with significant new contracts. The stock is down 18% since spinoff, with revised sales growth guidance of 4-5%.

Solstice Advanced Materials (SOLS) reached an agreement in principle to settle litigation related to its Metropolis Works uranium conversion plant. The settlement includes investments in local programs and is subject to formalization and approval. SOLS denies allegations but believes resolving the matter is in shareholders' best interests, with no expected material impact on operations or financial performance.