Avient Receives $46 Price Target and Forecasts Up to $3.17 EPS for 2026
Baird raised its price target to $46 from $34 on expectations of continued operational execution, maintaining a Neutral rating on Avient. The company projects FY26 adjusted EPS of $2.93–$3.17 (4%–12% growth), free cash flow over $200 million, adjusted EBITDA of $555–$585 million and declared a $0.275/share quarterly dividend.
1. Baird Raises Price Target
Baird boosted Avient's price target to $46 from $34, maintaining a Neutral rating based on continued strong operational execution across its specialty polymers and colorants business.
2. FY26 Financial Outlook
Avient projects adjusted EPS of $2.93 to $3.17 for fiscal 2026, representing 4% to 12% growth, free cash flow exceeding $200 million and adjusted EBITDA of $555 million to $585 million, supporting future capital deployment options.
3. Quarterly Dividend Declared
The Board of Directors declared a quarterly cash dividend of $0.275 per share, with a record date of March 17, 2026 and a payment date of April 3, 2026.