A Promising Start to the Week for BASF
The BASF stock started last week with a significant upward trend. The stock price rose by around 6% by Thursday. On July 8, an increase of 2.59% was recorded to €42.41, followed by another gain of 2.62% to €43.52 on July 9. On Thursday, the price reached around €44.12.
Declines After Weak Quarterly Numbers
However, on Friday evening, the situation turned grim: BASF published preliminary figures for the second quarter of 2025 and revised its annual forecast downward. The EBIT is now expected to be only about €0.49 billion, well below analyst expectations. Revenue fell by 2.1% compared to the same quarter last year to approximately €15.77 billion, attributed to negative currency effects and lower prices in the Chemicals segment. Additionally, the EBITDA forecast for the full year was lowered from the previous forecast of €8.0 to €8.4 billion to €7.3 to €7.7 billion.
Market Reactions and Conclusions
These disappointing figures led to uncertainty among investors on Friday and significantly pressured the stock: it closed down 1.79% at about €43.33. Despite the positive start to the week, the release of weaker than expected quarterly figures and a reduced annual forecast created a bad mood and a setback for the stock.