BASF (BASFY) Stock Jumps 10.9%: Will It Continue to Soar?

Group 1 - BASF SE shares increased by 10.9% to close at $14.46, with notable trading volume compared to typical sessions, and an overall gain of 11.5% over the past four weeks [1] - BASF's EBITDA before special items rose by 18% year-over-year in 2024 to €7.9 billion, driven by strong core business performance despite pricing pressures, with net income increasing to €1.3 billion [2] - The company projects EBITDA before special items to rise to between €8 billion and €8.4 billion in 2025 [2] Group 2 - The upcoming quarterly earnings report for BASF is expected to show earnings of $0.38 per share, reflecting a year-over-year decline of 17.4%, with revenues anticipated at $18.44 billion, down 3.3% from the previous year [3] - The consensus EPS estimate for BASF has remained unchanged over the last 30 days, indicating that stock price movements may not continue without trends in earnings estimate revisions [4] - BASF currently holds a Zacks Rank of 3 (Hold), while Air Products and Chemicals, a competitor in the same industry, has a Zacks Rank of 4 (Sell) [4][5]