Amrize Q2 revenue beats estimates on increased mega-project demand
AMRZ•Outlook raised for FY 2026
Amrize raises FY 2026 revenue guidance to $12.5 bln-$12.7 bln.
Company revises FY 2026 adjusted EBITDA guidance to $3.1 bln-$3.2 bln due to cost inflation.
Amrize expects to achieve $80 mln in ASPIRE program savings in 2026.
Key metrics and analyst coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Beat | $3.49 bln | $3.37 bln (8 Analysts) |
| Q2 EPS | Miss | $0.86 | $0.94 (7 Analysts) |
| Q2 Net Income | $476 mln | ||
| Q2 Adjusted EBITDA | Slight Beat* | $986 mln | $978.14 mln (8 Analysts) |
| Q2 Adjusted EBITDA Margin | 28.20% |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the construction materials peer group is "buy".
Wall Street's median 12-month price target for Amrize AG is $63.85, about 24.7% above its August 6 closing price of $51.22.
Demand drivers and cost pressures
- Mega-project demand - Co said strong demand from data centers, energy, advanced manufacturing, and infrastructure modernization drove revenue growth.
