Analyst Consensus ?
ConsensusHold10 ratings
Bullish440.0%
Neutral440.0%
Bearish220.0%
Amrize Ltd · AMRZ · FY2025 Q3 · Calendar Q4 2025
Amrize raises revenue outlook as infrastructure demand supports growth
The quarter supports a constructive medium-term view: infrastructure, data-center, energy and onshoring demand are providing growth support, while execution programs may improve margins. The main counterweight is limited near-term visibility around tariffs, pricing, volumes and residential activity.
Reported After market closeNYSEBasic Materials
$21.16B market cap
90quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.06
Consensus $1.02
EPS surprise
+3.9%
Reported versus consensus
Reported revenue
$3.67B
Consensus $3.49B
Revenue surprise
+5.4%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+4.8%
Event window
SPY move
+0.0%
Same window
Abnormal move
+4.7%
Stock minus SPY
Volume
2.7×
Versus trailing sessions
Subsequent drift
-5.0%
Up to 20 sessions
AMRZSPY benchmark
Ask FN2 about AMRZ FY2025 Q3
Transcript, numbers and history already loaded
Why did AMRZ rise 4.8% after beating EPS estimates in FY2025 Q3?What changed in AMRZ's guidance and outlook in FY2025 Q3?Give me the bull and bear case for AMRZ after FY2025 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Management raised revenue guidance, highlighted stronger demand and cash generation, and advanced capacity and savings initiatives. The tone remained cautious around the near-term operating environment.
Guidance delta
Management raised revenue guidance while leaving EBITDA and leverage expectations unchanged.
Key takeaways
- Infrastructure, data-center, energy and onshoring activity supported demand
- Free cash flow improved materially and operating execution strengthened
- Building Envelope margins benefited from operational efficiencies
- ASPIRE and organic investment programs are intended to support further margin expansion
- Management remains open to selective M&A while emphasizing balance-sheet discipline
Management priorities
- Complete cement and roofing capacity projects
- Expand aggregates capacity in targeted regions
- Scale the ASPIRE savings program
- Pursue selective acquisitions in core construction segments
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Analyst 52W Price Targets
$38.18Current
$40Low
$55.97Average
$75High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 28, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Deutsche Bank | Buy | Buy | Maintain | Sep 23, 2026 |
| UBS | Neutral | Neutral | Maintain | Sep 22, 2026 |
| Oppenheimer | Outperform | Outperform | Maintain | Sep 18, 2026 |
| Wells Fargo | Equal Weight | Overweight | Downgrade | Sep 9, 2026 |
| JP Morgan | Neutral | Overweight | Downgrade | Sep 2, 2026 |
| B of A Securities | Underperform | Neutral | Downgrade | Sep 2, 2026 |
| Stephens & Co. | Overweight | Overweight | Maintain | Aug 12, 2026 |
| Citigroup | Buy | Buy | Maintain | Aug 11, 2026 |
| RBC Capital | Underperform | Sector Perform | Downgrade | Aug 10, 2026 |
| Truist Securities | Hold | Buy | Downgrade | Jul 7, 2026 |
Named analyst price targets
Upside is calculated against the persisted current price $38.18. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Deutsche Bank | Jon Bell | $56 | $38.14 | +46.7% | Sep 23, 2026 |
| UBS | Analyst unavailable | $42 | $39.19 | +10.0% | Sep 22, 2026 |
| Bernstein | Pujarini Ghosh | $60 | $37.54 | +57.2% | Sep 21, 2026 |
| Oppenheimer | Analyst unavailable | $55 | $37.44 | +44.1% | Sep 18, 2026 |
| Wells Fargo | Analyst unavailable | $44 | $41.95 | +15.2% | Sep 9, 2026 |
| William Blair | Analyst unavailable | $40 | $42.81 | +4.8% | Sep 2, 2026 |
| D.A. Davidson | Analyst unavailable | $50 | $45.18 | +31.0% | Aug 24, 2026 |
| Stephens | Analyst unavailable | $54 | $46.9 | +41.4% | Aug 12, 2026 |
| RBC Capital | Anthony Codling | $48 | $46.64 | +25.7% | Aug 10, 2026 |
| Wells Fargo | Analyst unavailable | $58 | $50.94 | +51.9% | Jul 8, 2026 |
| Truist Financial | Keith Hughes | $48 | $54.01 | +25.7% | Jul 7, 2026 |
| Morgan Stanley | Analyst unavailable | $63 | $53.42 | +65.0% | Jun 22, 2026 |
| Morgan Stanley | Analyst unavailable | $65 | $54.48 | +70.2% | May 6, 2026 |
| Oppenheimer | Analyst unavailable | $68 | $53.38 | +78.1% | May 1, 2026 |
| Vertical Research | Analyst unavailable | $70 | $53.78 | +83.3% | May 1, 2026 |
| Wells Fargo | Timna Tanners | $65 | $59.96 | +70.2% | Apr 15, 2026 |
| Truist Financial | Analyst unavailable | $75 | $65 | +96.4% | Feb 20, 2026 |
| Oppenheimer | Analyst unavailable | $70 | $63.7 | +83.3% | Feb 19, 2026 |
| Wells Fargo | Timna Tanners | $66 | $63.7 | +72.9% | Feb 19, 2026 |
| Berenberg Bank | Analyst unavailable | $70 | $63.7 | +83.3% | Feb 19, 2026 |
| Wells Fargo | Analyst unavailable | $59 | $53.64 | +54.5% | Jan 29, 2026 |
| Oppenheimer | Analyst unavailable | $64 | $54.6 | +67.6% | Jan 15, 2026 |
| Goldman Sachs | Analyst unavailable | $58 | $57.32 | +51.9% | Jan 12, 2026 |
| Bernstein | Pujarini Ghosh | $70 | $53.54 | +83.3% | Dec 18, 2025 |
| RBC Capital | Anthony Codling | $60 | $54.74 | +57.2% | Dec 8, 2025 |
| Deutsche Bank | Analyst unavailable | $59 | $54.74 | +54.5% | Dec 8, 2025 |
| Vertical Research | Michael Dudas | $54 | $50.13 | +41.4% | Nov 25, 2025 |
| Morgan Stanley | Analyst unavailable | $61 | $52.85 | +59.8% | Oct 29, 2025 |
| UBS | Analyst unavailable | $52 | $48.21 | +36.2% | Oct 14, 2025 |
| Wells Fargo | Timna Tanners | $57 | $47.13 | +49.3% | Oct 7, 2025 |
| RBC Capital | Anthony Codling | $54 | $47.02 | +41.4% | Aug 8, 2025 |
| Berenberg Bank | Analyst unavailable | $64 | $49.55 | +67.6% | Jun 30, 2025 |
| Jefferies | Analyst unavailable | $52.5 | $49.01 | +37.5% | Jun 29, 2025 |
| Truist Financial | Analyst unavailable | $60 | $53 | +57.2% | Jun 24, 2025 |
Track every rating change on AMRZ the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationAmrize AG engages in the provision of various building solutions for infrastructure, commercial, and residential construction markets in North America and Canada. It operates through two segments, Building Materials and Building Envelope. The Building Materials segment offers cement and aggregates, as well as ready-mix concrete, asphalt, and other construction materials. The Building Envelope segment provides advanced roofing and wall systems, including single-ply membranes, insulation, shingles, sheathing, waterproofing, and protective coatings; and adhesives, tapes, and sealants. The company was formerly known as Holcim North America Finance Ltd and changed its name to Amrize AG in December 2013. Amrize AG was incorporated in 2023 and is based in Zug, Switzerland.
Historical context
All AMRZ earningsBasic Materials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| HMY Harmony Gold Mining Company Limited | FY2026 Q4 · Calendar Q3 2026 | 0.0% | -6.2% | Harmony Gold posts record FY2026 while Eva Copper risks remain |
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Get the AMRZ recap when the next report posts
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-09-28T16:20:58.835208+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-28T16:20:58.832426+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-09-28. For educational purposes only; not investment advice.