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Arq, Inc. posts strong Q3 with record profitability and upgrades shares to Buy

Company Fundamentals
07 Nov 2026, 14:18 WIB
Seeking Alpha
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Bullish
Arq, Inc. posts strong Q3 with record profitability and upgrades shares to Buy

Arq, Inc., a manufacturer of activated carbon products, reported strong Q3 results with sales and profitability exceeding expectations. The company achieved a consolidated gross margin near 40% and an adjusted EBITDA of $8.8 million, its highest since the post-Tinuum period. Management plans to focus on next-generation powdered activated carbon products while keeping granular activated carbon production paused. With shares expected to rise over 80%, the analyst upgraded the stock from Hold to Buy and raised the price target from $2.35 to $4.40.

The story on Arq, Inc. provides context for readers interested in Basic Materials sector stocks. For readers following this sector, here is Pluang's market snapshot as of Nov 07, 2026 19:31 WIB: Out of 83 priced US Basic Materials stocks, 61 rose and 22 fell today. Notable gainers include CENX at USD 33.47 with an 11.31% increase and a typical hold time of 7 days, USAR at USD 8.22 up 10.85% with a strong buy order activity of 89%, and HYMC at USD 18.77 rising 10.28% with a typical hold time of 15 days.

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