A Promising Start to the Week for BASF
The BASF stock started last week with a significant upward trend. The share price rose by about 6% by Thursday. On July 8, an increase of 2.59% was recorded to €42.41, followed by another increase of 2.62% to €43.52 on July 9. By Thursday, the price reached around €44.12.
Setbacks After Weak Quarterly Results
However, Friday evening painted a different picture: BASF published preliminary results for the second quarter of 2025 and revised its annual forecast downward. The EBIT is expected to be only around €0.49 billion, significantly below analyst expectations. Revenue fell by 2.1% compared to the same quarter last year to about €15.77 billion, due to negative currency effects and lower prices in the Chemicals segment. Additionally, the EBITDA forecast for the full year was lowered from €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 noticeably weighed down the stock: it closed down 1.79% at around €43.33. Despite the positive start to the week, the publication of weaker-than-expected quarterly results and a reduced annual forecast created a poor atmosphere and a setback for the stock.