Huntsman Corporation (HUN)

Huntsman’s recent results remain pressured: FY2025 revenue declined to $5.68B and TTM profitability is negative (net margin -5.69%, ROE -11.76%). Leverage is high versus depressed earnings (net debt/EBITDA 17.08x, interest coverage -0.63x, Altman Z-Score 1.44), although the Q1 2026 10-Q reports $867M of liquidity and covenant compliance. Valuation looks inexpensive on EV/Sales (0.78x) and free-cash-flow yield (~5.84%), but EV/EBITDA is elevated (35.72x) due to weak EBITDA and analyst targets (~$12.80) imply limited near-term upside; the newly announced Olin merger adds uncertainty. Fundamental score: 2/5.

The dominant near-term driver is the Olin all-stock “merger of equals” announcement (confidence: regulator_confirmed via upstream-noted 8-K), which should keep HUN in an event-driven tape over the next 1–30 trading days. Media sentiment over the last ~14d is mildly positive versus a slightly negative/neutral 30–90d baseline; Reddit is indeterminate due to rate limits and the legal scan shows no regulator-confirmed investigations (Red-Flag Screen clean).

HUN's short-term structure weakened sharply on 2026-06-16: the stock closed at 13.18 below SMA20 14.64, SMA50 14.25, EMA9 14.67, EMA21 14.61, WMA21 14.70, and session VWAP 13.89, though it remains above SMA200 11.51. Momentum is not supportive for a fresh long with RSI14 39.65, Williams %R -82.20, MACD 0.14 below its 0.20 signal, and ADX14 45.11 indicating a strong move that is currently bearish because price is under key short-term averages. Liquidity is strong, but the breakdown happened on outsized downside volume, so this is bounce-only until HUN can reclaim VWAP and the 20/50-day area.