LyondellBasell (LYB) Moves 6.4% Higher: Will This Strength Last?

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks LyondellBasell (LYB) Moves 6.4% Higher: Will This Strength Last? March 06, 2026 — 03:38 am EST Written by Zacks Equity Research for Zacks-> LyondellBasell (LYB) shares soared 6.4% in the last trading session to close at $65.88. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 8.4% gain over the past four weeks.LYB’s shares rallied after KeyBanc reportedly upgraded it to “Overweight” from “Sector Weight” with a price target of $73, citing the ongoing conflict in Iran to benefit U.S. petrochemical companies. This oil refiner and chemical company is expected to post quarterly earnings of $0.34 per share in its upcoming report, which represents a year-over-year change of +3%. Revenues are expected to be $7.49 billion, down 2.5% from the year-ago quarter.Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.For LyondellBasell, the consensus EPS estimate for the quarter has been revised 1% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on LYB going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>LyondellBasell is part of the Zacks Chemical - Diversified industry. Northern Technologies (NTIC), another stock in the same industry, closed the last trading session 1.5% lower at $8.65. NTIC has returned -1.6% in the past month.For Northern Technologies, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.02. This represents a change of +166.7% from what the company reported a year ago. Northern Technologies currently has a Zacks Rank of #3 (Hold). Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportLyondellBasell Industries N.V. (LYB) : Free Stock Analysis ReportNorthern Technologies International Corporation (NTIC) : Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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