Axalta Surges as Merger with Akzo Nobel Announced
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 20 Nov 25
Source: SeekingAlpha
Shares of Axalta Coating Systems (AXTA.N) surged over 10% today following the announcement of an all-stock merger with Akzo Nobel N.V., creating a global coatings powerhouse valued at approximately $25 billion. The stock crossed above its 5-day simple moving average, indicating a bullish trend amid investor optimism. Despite concerns from some shareholders regarding the merger's terms and the perceived undervaluation of Axalta's strong financial performance, the deal is expected to generate significant cost synergies and enhance market reach, with a projected annual revenue of $17 billion for the combined entity.
Analyst Views on AXTA
Wall Street analysts forecast AXTA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AXTA is 35.92 USD with a low forecast of 29.00 USD and a high forecast of 43.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
5 Buy
8 Hold
0 Sell
Moderate Buy
Current: 34.060
Low
29.00
Averages
35.92
High
43.00
Current: 34.060
Low
29.00
Averages
35.92
High
43.00
About AXTA
Axalta Coating Systems Ltd. is a global coatings company. The Company is a manufacturer, marketer and distributor of coatings systems and products. Its segments include Performance Coatings and Mobility Coatings. Through its Performance Coatings segment, it provides sustainable liquid and powder coating solutions to both large regional and global customers and to a fragmented and local customer base. These customers comprise, among others, independent or multi-shop operator body shops as well as a wide variety of industrial manufacturers. Through its Mobility Coatings segment, it provides coatings technologies for light vehicle and commercial vehicle original equipment manufacturers (OEMs). Its key products consist of the four main coatings layers: electrocoat (AquaEC), primer (HyperDur), basecoat (ChromaDyne) and clearcoat (Lumeera). Its major industrial brands include Imron Industrial, Tufcote Industrial, Corlar Industrial, Strenex Industrial, PercoTop, Voltatex, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
