LyondellBasell Analysts Boost Their Forecasts After Q3 Earnings

LyondellBasell Industries N.V. (NYSE:LYB) on Friday reported weaker-than-expected third-quarter 2026 earnings and revenue.

LyondellBasell reported adjusted earnings of $2.54 per share, missing analysts’ consensus estimate of $2.57. Adjusted earnings increased from $1.01 per share a year earlier. Revenue rose 10% year over year to $8.499 billion from $7.727 billion, missing Wall Street’s estimate of $8.874 billion. Revenue declined 7% sequentially from $9.177 billion.

“In an evolving macroeconomic environment, we delivered another quarter of strong earnings and robust cash conversion through disciplined execution underscored by the strength of our global, cost-advantaged portfolio,” said Peter Vanacker, LYB chief executive officer. “We are leveraging the flexibility and resilience of our leaner structure by optimizing feedstocks, directing products to the most attractive markets and aligning operating rates with demand. The strength of our oxyfuels business and materially higher Intermediates and Derivatives profitability highlight the benefits of our diversified portfolio. We continue to prioritize safety, reliability and cost discipline, to maximize margins, generate cash and deliver sustainable value for our shareholders.”

LyondellBasell shares fell 2% to trade at $67.24 on Monday.

These analysts made changes to their price targets on LyondellBasell following earnings announcement.

• Wells Fargo analyst Abigail Eberts maintained the stock with an Overweight rating and raised the price target from $70 to $76.
• RBC Capital analyst Arun Viswanathan maintained the stock with an Outperform rating and raised the price target from $68 to $82.

Considering buying LYB stock? Here’s what analysts think:

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