LSB Industries

LXU · NYSE

$10.30−$0.18 (−1.72%)TodayMarket closed · Oct 20, 7:39 PM ET

Prev close $10.48

LXU analyst rating

BuyConsensus of 4 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy2
Hold2
Underperform0
Sell0

12-month price target · 5 analysts

Average $11.98 (+16.4% upside)

Low: $11.11
Now: $10.30
High: $13.65

Upgrades and downgrades

The latest rating actions, newest first

LXU analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
RBC Capital	Aug 10, 2026	Upgrade	Sector Perform → Outperform	$13.00	36%
RBC Capital	Jul 17, 2026	Maintains	Sector Perform	$15.00 → $13.00	36%
UBS	May 13, 2026	Maintains	Neutral	$16.50 → $16.00	49%
RBC Capital	May 11, 2026	Maintains	Sector Perform	$14.00 → $15.00	36%
RBC Capital	Apr 7, 2026	Downgrade	Outperform → Sector Perform	$13.00 → $14.00	36%
UBS	Mar 26, 2026	Maintains	Neutral	$9.75 → $16.50	49%
Jefferies	Mar 12, 2026	Maintains	Hold	$11.00 → $15.00	57%
Jefferies	Mar 3, 2026	Maintains	Hold	$9.00 → $11.00	57%
RBC Capital	Feb 27, 2026	Maintains	Outperform	$11.00 → $13.00	40%
RBC Capital	Jan 20, 2026	Maintains	Outperform	$10.00 → $11.00	36%

The case for and against

Updated Oct 14, 2026

Bull case

LSB Industries is favorably positioned because elevated nitrogen prices, combined with improving operations and fewer turnaround disruptions, should support strong cash generation in 2026/2027 and a cleaner cost base into 2027. The company’s execution at El Dorado is improving, with operating rates reportedly 15-20% above nameplate after turnaround, while the CCS project due in Q1/27 could add approximately $25-30M to operating earnings through 45Q credits. Financially, its strong cash balance of $182M-$218M and modest 1.0x-1.1x net debt/EBITDA provide flexibility to fund growth, including a USDA-supported expansion that could add about $20M EBITDA at attractive capital efficiency.

Bear case

LSB Industries is exposed to a weak downside case where lower fertilizer prices, modeled at a 20% cut, would pressure revenue and profitability even if volumes hold near full capacity. Its earnings remain highly sensitive to volatile nutrient prices and natural gas costs, both of which can swing margins because natural gas is a major feedstock in nitrogen production. The outlook is further burdened by weather-related demand risk, concentrated ownership by Eldridge Industries, and sustainability concerns tied to carbon emissions and fertilizer runoff.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.