BASF significantly raises full-year guidance after strong second quarter

Analysts divided – stock declines

On the stock markets, the results were initially met with a muted response. The BASF share temporarily lost 2.18 percent on XETRA to 48.35 euros. Analysts drew no uniform picture: Jefferies & Company Inc. rated the stock "Hold" on 06/30/26, while JP Morgan Chase & Co. issued a rating of "Underweight" on the day of publication at 08:01. The analyst expectation for EBITDA before special items in the second quarter compiled by Vara Research stood at 2.1 billion euros.

Outlook: Half-year figures on July 29

BASF plans to present the full half-year figures on July 29. Until then, the focus is likely to be above all on the question of the extent to which the Coatings sale will affect operating results in the current third quarter and whether geopolitical risks surrounding the Strait of Hormuz could slow margin development. Background reports on the quarter were written by Claudia Stephan, Benedict Kurschat, editorial team finanzen.net.

With the raise in its full-year guidance, the world's largest chemical group is positioning itself more robustly than expected at the beginning of the year despite economic headwinds. BASF described itself as the "Weltgrößter Chemiekonzern" and emphasized that with the sale of the Coatings business, those responsible in Ludwigshafen have taken a further step toward focusing the portfolio. Should the Hormuz route remain usable on a lasting basis, the company could – according to its own statements – reach the higher forecast.