ESAB Corp beats Q2 sales estimates, raises FY core net sales growth
ESAB•Drivers of the quarter
Core organic growth was reported in both segments, with strength in North America and Asia and resilient Europe.
Core adjusted EBITDA margin decreased due to transitory price/cost neutrality and targeted commercial investments.
Outlook raised for 2026
ESAB raised its full-year 2026 core net sales growth outlook to 11%-14% from 6%-9%.
The company also lifted its 2026 core adjusted EBITDA forecast to $615-$625 mln, up from $575-$595 mln.
ESAB said it expects to mitigate logistics and commodity cost inflation over the coming quarters.
Analyst coverage and valuation
The current average analyst rating on the shares is "buy", with 10 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the industrial machinery & equipment peer group is "buy".
Wall Street's median 12-month price target for ESAB Corp is , about above its August 5 closing price of .
