International Flavors & Fragrances Inc.

(New York Stock Exchange)
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Somewhat Bullish +35

International Flavors & Fragrances stock reports a Q2 miss

Earnings report Guidance raised AI-generated analysis

πŸ“‰ IFF reported Q2 2026 revenue of USD 1.95 billion, missing the analyst consensus estimate of USD 2.62 billion.

πŸ’° Adjusted EPS for the quarter was USD 0.82, significantly below the expected USD 1.07 consensus.

πŸ“ˆ Despite the miss, year-over-year revenue grew by 1.8%, driven by volume expansion in the specialty chemicals sector.

πŸš€ Management raised the low end of its full-year 2026 sales guidance to USD 7.4 billion to USD 7.6 billion.

πŸ’΅ The company forecasts 2026 EBITDA between USD 1.53 billion and USD 1.6 billion, reflecting a focus on productivity.

πŸ“Š Analysts maintain a Moderate Buy rating with an average price target of USD 91.40 as of September 5, 2026.

🏒 IFF's stock closed at USD 85.71 on September 23, 2026, with a market cap of approximately USD 21.88 billion.

Bullish Signals
  • Management raised the low end of its full-year 2026 sales outlook to USD 7.4 billion to USD 7.6 billion, representing 2% to 4% growth.
  • The company forecasts 2026 EBITDA between USD 1.53 billion and USD 1.6 billion, indicating a strategic focus on productivity and margin expansion.
  • Year-over-year revenue increased by 1.8% despite the quarterly miss, demonstrating continued volume growth in its core business.
Risk Factors
  • Q2 2026 revenue of USD 1.95 billion missed the analyst consensus estimate of USD 2.62 billion.
  • Adjusted EPS for the quarter was USD 0.82, falling short of the USD 1.07 consensus estimate.
Full Analysis
International Flavors & Fragrances (IFF) reported a Q2 2026 earnings miss, with revenue reaching USD 1.95 billion against a consensus estimate of USD 2.62 billion. Adjusted EPS came in at USD 0.82, falling short of the expected USD 1.07. Despite the quarterly shortfall, year-over-year revenue still increased by 1.8%, indicating underlying volume growth as the company navigates portfolio-related costs and attempts to convert that growth into stronger profitability. Management raised the low end of its full-year 2026 sales outlook for continuing operations to a range of USD 7.4 billion to USD 7.6 billion, representing 2% to 4% growth. This revision is an improvement over the previously guided range of 1% to 4%. Additionally, the company forecast EBITDA between USD 1.53 billion and USD 1.6 billion, signaling a strategic shift toward execution where volume remains the primary driver while productivity efforts aim to offset rising input costs. At the close on September 23, 2026, IFF shares traded at USD 85.71, trading below its 52-week high of USD 89.32 but above its low of USD 59.14. The company maintains a market capitalization of approximately USD 21.88 billion. Analysts tracked by MarketBeat maintain a Moderate Buy consensus with an average 12-month price target of USD 91.40, suggesting the market views the quarterly miss as manageable given the improved full-year guidance and continued volume expansion.