H.B. Fuller (FUL) Q4 Non-GAAP EPS Beats Expectations, 2026 Outlook Flat
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Earnings Highlights: H.B. Fuller reported a Q4 Non-GAAP EPS of $1.28, beating expectations by $0.07, demonstrating resilience in profitability despite a 3.1% year-over-year revenue decline to $894.79 million, which missed estimates, reflecting challenges in the market environment.
- 2026 Outlook: The company anticipates flat to 2% growth in net revenue for 2026, with organic revenue expected to remain approximately flat compared to 2025, indicating a prudent strategy to maintain revenue stability amid uncertain market conditions.
- EBITDA Expectations: Adjusted EBITDA for 2026 is projected to range between $630 million and $660 million, with Q1 adjusted EBITDA expected to be between $110 million and $120 million, showcasing the company's efforts in cost control and operational efficiency improvements.
- Capital Expenditure Plans: Capital expenditures for 2026 are expected to be around $160 million, including approximately $50 million allocated for the company's manufacturing footprint consolidation initiative, aimed at optimizing production capacity and enhancing overall operational efficiency.
Analyst Views on FUL
Wall Street analysts forecast FUL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FUL is 70.00 USD with a low forecast of 60.00 USD and a high forecast of 80.00 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.
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 66.300
Low
60.00
Averages
70.00
High
80.00
Current: 66.300
Low
60.00
Averages
70.00
High
80.00
About FUL
H.B. Fuller Company is a pureplay adhesives company. It operates as a formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products. Its Hygiene, Health and Consumable Adhesives segment manufactures and supplies adhesive products in the assembly, packaging, converting, nonwoven and hygiene, health and beauty, graphic arts and envelope markets. Its Engineering Adhesives segment produces and supplies industrial adhesives, such as reactive, light cure, two-part liquids, polyurethane, silicone, film and fast cure products. The Company's Construction Adhesives segment manufactures and provides specialty adhesives, sealants, mortars, grouts, and application devices for commercial building roofing systems, heavy infrastructure projects, road/highway/airport transportation applications, building envelope applications, heating, ventilation, and air conditioning (HVAC) insulation systems for both residential and commercial flooring underlayment solutions.
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.
