Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.09, FiscalAI reports. The business had revenue of $1.15 billion for the quarter. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%. Solstice Advanced Mat updated its FY 2026 guidance to 2.750-2.950 EPS.
Here are the key takeaways from Solstice Advanced Mat’s conference call:
- Q2 results exceeded guidance, with net sales of $1.148 billion, up 11% year over year, and adjusted EBITDA of $290 million, up 2%. Six of seven businesses grew, including double-digit growth in refrigerants, nuclear, healthcare packaging, and electronic materials.
- Solstice raised its full-year 2026 outlook to $4.125–$4.185 billion in sales, $1.035–$1.055 billion in adjusted EBITDA, and $2.75–$2.95 in adjusted EPS. Management expects continued momentum in refrigerants and electronics, though nuclear revenue will be affected by approximately $30 million of product-loan returns in the second half.
- Demand remains strong in secular growth markets, particularly AI infrastructure, data centers, semiconductors, and nuclear energy. Electronic materials sales rose 15%, while the company is accelerating its Spokane expansion and evaluating additional capacity to meet strong multi-year demand for sputtering targets.
- Refrigerants sales increased 13%, but segment EBITDA fell 6% and margin declined to 32.9% because of plant turnarounds and unfavorable comparisons with prior-year production incentives. Management expects margins to recover to the mid-30% range in the second half as outages ease and the HFO transition progresses.
- The pending Element Solutions acquisition remains subject to shareholder and regulatory approvals and is not expected to close until the first half of 2027. Management plans to finance the transaction while targeting net leverage below three times EBITDA within 18 months after closing, creating execution and integration risks despite its expected strategic benefits.
Solstice Advanced Mat Stock Performance
Shares of SOLS stock traded up $2.78 on Friday, hitting $60.17. 3,965,684 shares of the stock were exchanged, compared to its average volume of 5,033,302. The company has a current ratio of 1.46, a quick ratio of 1.02 and a debt-to-equity ratio of 1.30. The firm has a market capitalization of $9.55 billion and a PE ratio of 67.61. Solstice Advanced Mat has a one year low of $40.43 and a one year high of $90.80. The firm’s 50 day moving average is $74.46 and its two-hundred day moving average is $74.56.
Solstice Advanced Mat Announces Dividend
Key Headlines Impacting Solstice Advanced Mat
Here are the key news stories impacting Solstice Advanced Mat this week:
- Positive Sentiment: Solstice reported second-quarter sales of $1.148 billion, up 11% year over year, while adjusted EPS of $0.88 exceeded the $0.79 analyst consensus. Adjusted EBITDA was $290 million, representing a 25.3% margin, with growth across nuclear, electronic materials, refrigerants and healthcare packaging. Solstice Advanced Materials Reports Second Quarter 2026 Results
- Positive Sentiment: The company raised its full-year 2026 outlook to $4.125 billion-$4.185 billion in sales and adjusted EPS of $2.75-$2.95, above the roughly $2.64 consensus estimate. The guidance increase strengthens the case that operating performance is improving despite transaction-related uncertainty. Solstice Advanced Materials Earnings Results
- Positive Sentiment: Analysts’ consensus price target was reported at $80.50, with several recent targets ranging from $75 to $102. The company also declared a quarterly dividend of $0.075 per share, providing modest additional support for investor sentiment. Solstice Advanced Mat Receives Consensus Price Target
Institutional Investors Weigh In On Solstice Advanced Mat
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SOLS. Global Trust Asset Management LLC purchased a new position in shares of Solstice Advanced Mat in the first quarter worth about $26,000. Princeton Global Asset Management LLC purchased a new stake in shares of Solstice Advanced Mat during the 1st quarter valued at approximately $27,000. Westfuller Advisors LLC bought a new position in Solstice Advanced Mat in the 1st quarter worth approximately $36,000. Darwin Wealth Management LLC bought a new position in Solstice Advanced Mat in the 1st quarter worth approximately $37,000. Finally, Westerkirk Capital Inc. purchased a new position in Solstice Advanced Mat in the 4th quarter valued at approximately $25,000.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on the company. UBS Group lifted their target price on Solstice Advanced Mat from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday. Royal Bank Of Canada reduced their price target on shares of Solstice Advanced Mat from $102.00 to $82.00 and set an “outperform” rating for the company in a research report on Friday. Weiss Ratings raised shares of Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. Truist Financial set a $75.00 price objective on shares of Solstice Advanced Mat and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, BMO Capital Markets dropped their target price on shares of Solstice Advanced Mat from $101.00 to $90.00 and set an “outperform” rating on the stock in a research note on Thursday, July 16th. Seven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $78.25.
Read Our Latest Stock Analysis on SOLS
Solstice Advanced Mat Company Profile
Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.
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