Baxter International stock gains after 2026 outlook hike
Published on 09/17/2026 at 23:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Baxter International stock (ISIN US0673431090) closed at USD 23.51 on the NYSE on September 16, 2026, down 0.84 percent, while the company lifted its 2026 outlook after Q2 FY26 revenue of USD 2.96 billion and EPS of USD 0.56.
Outlook hike drives the story
As ad hoc news reported on September 17, 2026, Baxter International raised its 2026 revenue and earnings outlook after stronger-than-expected second-quarter results. The same report says the stock closed at USD 23.51 on September 16, 2026, and that the price was 0.84 percent lower on the day.
Yahoo Finance shows that Baxter International had a market cap of USD 12.165 billion, a 52-week range of USD 15.73 to USD 30.00, and a YTD gain of 23.30 percent as of September 16, 2026. The pre-market quote on September 17, 2026 was USD 23.85, up 1.36 percent from the prior close.
Q2 numbers matter
According to Yahoo Finance, Baxter International reported Q2 FY26 revenue of USD 2.96 billion and EPS of USD 0.56, versus an estimate of USD 0.37. The same page lists Q2 FY26 earnings of USD 126 million and a profit margin of 4.26 percent.
For investors, the comparison is clear: EPS beat the estimate by USD 0.19, and the stock still trades 22.8 percent below the 52-week high of USD 30.00. TD Cowen also raised its price target to USD 29 from USD 24 on July 31, 2026, according to the Yahoo Finance analyst overview.
Stock near support
Baxter International stock had a previous close of USD 23.71, a day range of USD 23.18 to USD 23.86, and volume of 9,453,564 shares on September 16, 2026. The market cap was USD 12.165 billion on the same as-of date.
Baxter International at a glance
- Company: Baxter International Inc.
- ISIN: US0673431090
- Ticker: BAX
- Trading venue: NYSE
- Price (as of September 16, 2026): USD 23.51
- Market capitalization: USD 12.165 billion (as of September 16, 2026)
- Sector / Industry: Healthcare / Medical Instruments & Supplies
- Index membership: S&P 500
