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OLN · NYSE · STOCK

Olin (OLN) Stock Analysis

Basic Materials Updated September 22, 2026
$16.93
52W $16.35 – $30.46
53/100
$1.89B
-13.4
1.19
AI Committee Verdict
Watch
53/100
Conviction: Contested · 50% agreement · 6 analysts
+40.2%
-41.5%
0.97:1
Contested

Is OLN Bullish or Bearish?

Mixed. Innellis AI committee rates Olin Corporation (OLN) Watch with a composite score of 53/100 , based on 6 analysts with 50% agreement. Last updated September 22, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +6.74 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -13.26 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case. Risk Analyst remains cautious — high leverage (debt-to-equity 1.54) amplifies downside in a stress scenario. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • Price-to-book of 1.3x is a discount to asset value — Value
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • MACD histogram positive -- bullish momentum — Technical
  • Weekly trend (downtrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
  • ROE of only -10.9% -- cheap may mean cheap for a reason — Value
  • Debt-to-equity of 1.54 adds balance-sheet risk to the value case — Value
  • Price structure making lower highs and lower lows — Technical
  • Trend and market structure agree -- coherent bearish picture — Technical
  • High leverage (debt-to-equity 1.54) amplifies downside in a stress scenario — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of September 22, 2026
Overall Committee Score
53/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 63%
of 99 Basic Materials peers
Value Analyst neutral
48 / 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ Price-to-book of 1.3x is a discount to asset value
− ROE of only -10.9% -- cheap may mean cheap for a reason
Growth Analyst bullish
62 / 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
Technical Analyst neutral
56 / 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
− Price structure making lower highs and lower lows
Risk Analyst bearish
30 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 1.54) amplifies downside in a stress scenario
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst neutral
58 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2517.06)
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Investment Thesis Evolution

Committee score moved marginally from 53.3 to 53.3.

Comparing 2026-09-21 to 2026-09-22 (1 day apart).

Technical Analysis

RSI (14)
30.3
Neutral
MACD Histogram
0.054
Bullish Momentum
Trend Direction
Downtrend
Weekly: Downtrend
Market Structure
Lh Ll
Support
$9.68
Resistance
$23.18
Bollinger %B
-0.05
Below Lower Band
Price vs Moving Averages
EMA 9
$17.00 Below
EMA 21
$17.47 Below
EMA 50
$18.91 Below
EMA 200
$22.37 Below

Fundamental Analysis

Valuation
100
Growth
76
Profitability
0
Financial Health
38
Cash Flow
70
Valuation
P/E Ratio -13.4×
P/B Ratio 1.10×
PEG Ratio -0.04
Dividend Yield 4.84%
52W High $30.46
52W Low $16.35
Quality & Growth
ROE -232.8%
ROA -58.4%
Gross Margin 687.3%
Operating Margin -126.8%
Revenue Growth YoY
Debt / Equity 1.99
AI Fundamental Assessment
P/E ratio of -13.4 (inexpensive relative to a 15-40x range); Price-to-book of 1.1x; PEG ratio of -0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -2.3%; Return on assets of -0.6%; Net margin of -2.1%; Gross margin of 6.9%; Current ratio of 1.42 (tight short-term liquidity); Debt-to-equity of 1.99; Free cash flow per share is positive (0.88); Most recent quarter missed estimates by 31.2%; EPS growth accelerating (+44.8% -> +121.9% QoQ); Average YoY EPS growth of 11.1%; Analyst estimates rising over recent quarters
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