DailyIQ
Last updated2 minutes ago

IFF·International Flavors & Fragrances Inc.

$88.19
+3.23 (+3.80%)
Overnight$88.11-0.08 (-0.09%)
High
$88.88
Open
$86.65
Market Cap
21.71B
52W High
$89.32
Low
$85.31
P. Close
$88.19
P/E
74.85
52W Low
$59.75
Fwd P/E
22.24
DailyIQ Est.
$98.74
Inst. Ownership
35.5%
Short Interest
6.55%
Days to Cover
8.8
Div. Yield
1.82%
Next Ex-Div
~Dec 18
Technical Score (1D)
82
BULLISH
News Sentiment
49
MIXED
On Oct 13, IFF announced that it would release its third‑quarter 2026 earnings on November 3, 2026, following the market close. A live webcast to discuss the results and outlook was scheduled for November 4, 2026, at 9:00 a.m. ET, with a recorded version available for replay. Investors were informed that the webcast and accompanying slide deck could be accessed through IFF’s investor relations website. The announcement provided only the release schedule and did not indicate any change in guidance or performance expectations. No additional developments were reported on that date.
LOW TARGET
$76 -13.8%
1 analysts
MEAN TARGET
$96 +9.1%
16 analysts
HIGH TARGET
$105 +19.1%
10 analysts
PRICE RANGE
$76.00 - $105.00
SB / B / H / S / SS
7/11/7/1/1
DAILYIQ EST.
$98.74 (+12.0%)
Sector
Basic Materials
Industry
Specialty Chemicals
Exchange
NYQ
Country
United States
Website
Symbol
IFF
Description
International Flavors & Fragrances (IFF) is a global leader in the creation and distribution of flavors, fragrances, and specialty ingredients. The company operates through four primary segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions, catering to a diverse range of industries. IFF's Nourish segment provides natural food ingredients, flavor compounds, and savory solutions for food and beverage manufacturers. The Health & Biosciences division focuses on health, cultures, and enzymes, while the Scent segment develops fragrance compounds and ingredients. Finally, the Pharma Solutions segment supplies excipients for pharmaceutical applications. Founded in 1909, IFF leverages its extensive portfolio to provide innovative solutions and enhance the sensory experience of products worldwide.
Bought (1Y)
273,500 shares
$20.3M
Sold (1Y)
15,543 shares
$1.3M
Teles de Mendonca Ana PaulaPresident, Scent
Sell5,718 shares2026-08-17
Birenkrant MarcController & CAO
Sell1,000 shares2026-08-07
DeVeau MichaelEVP, CFO
Sell8,825 shares2026-08-06
FRIBOURG PAUL J-
Buy260,000 shares2026-06-01
FRIBOURG PAUL J-
Buy13,500 shares2026-06-01
56/ 100
Neutral / mixed
Overall: Neutral
✕Revenue declining year over year
✕Negative net margin
✓Positive operating cash flow
Gross Margin
36.2%
Net Margin
-3.3%
Revenue CAGR
9.3%
Current Ratio
1.42x
Debt / Equity
0.42x
Return on Equity
-2.5%
Earnings Summary
International Flavors & Fragrances (IFF) is a global leader in flavors, fragrances, and specialty ingredients, operating through Nourish, Health & Biosciences, Scent, and Pharma Solutions segments that serve food, beverage, health, and pharmaceutical markets. The company’s specialty‑chemical focus positions it within the broader Basic Materials sector, where innovation and ingredient quality drive demand. In the most recent quarter, Q1 2025, IFF reported EPS of $1.20 versus an estimate of $1.13547, and revenue of $2.843 billion, up from $2.771 billion in Q4 2024, marking a 2.5% revenue increase and a modest EPS acceleration. The following quarter, Q2 2025, saw EPS rise to $1.15 against an estimate of $1.12167, while revenue dipped to $2.764 billion, a 2.6% decline from Q1 2025; this illustrates a slight revenue deceleration despite continued earnings beats. Historically, IFF has maintained a steady upward trajectory in revenue growth, with Q4 2025 revenue at $2.589 billion beating the $2.522 billion estimate, and Q1 2026 revenue reaching $2.741 billion against a $2.667 billion estimate, reflecting consistent top‑line expansion. EPS has generally outperformed estimates, with the company beating analysts in the last four quarters, though Q4 2026 EPS fell short at $0.80 versus an estimate of $0.8317, indicating a potential earnings slowdown. Recent news highlights the launch of AQUASCENT, a vegan, water‑based fragrance carrier that eliminates ethanol, which could reduce shipping weight and CO2 emissions while enhancing margin‑heavy segments; this product launch aligns with IFF’s strategy to boost higher‑margin segments and may support future earnings. Key will be whether the new technology translates into measurable cost savings and premium pricing in the coming quarters.}}

EPS

EstBeatMiss
$0.73$0.88$1.02$1.17$1.32Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$0.81 - -
Q2'26$1.13$0.82-27.3%
Q1'26$1.08$1.25+15.3%
Q4'25$0.83$0.80-3.8%
Q3'25$1.02$1.05+3.3%
Q2'25$1.12$1.15+2.5%

Revenue

EstBeatMiss
$1.8B$2.1B$2.3B$2.6B$2.9BQ2'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$1.9B - -
Q2'26$2.7B$2.0B-28.1%
Q1'26$2.7B$2.7B+2.7%
Q4'25$2.5B$2.6B+2.7%
Q3'25 - - -
Q2'25 - $2.8B -

Market Data

IFF Stock Snapshot

BULLISH82/100
$88.11−$0.08 (0.1%)
Market cap
21.71B
P/E ratio
74.8
Day range
$85.31 – $88.88
News sentiment
49/100 · Neutral
Analyst target
$96.24 (+9.2%)
Consensus
Buy · 27 analysts
52-week range+47.5% off low · -1.4% from high
$59.75$89.32
Price $88.11 DailyIQ Est. $98.74

Trend, momentum and range position line up bullish on IFF at the moment. Institutional coverage is thorough here, so shifts in analyst expectations show up in price quickly.

Reverse DCF

What growth is priced into IFF?

RICH

At today's price, International Flavors & Fragrances Inc. needs to grow free cash flow about 46.6% a year for the next 10 years to justify its valuation at a 7.75% cost of capital. Over its actual history it has compounded free cash flow at 9.6% a year, so the market is asking for 37.1 percentage points above its own delivered rate. On that basis IFF looks priced above what its own growth record supports.

Implied FCF growth
46.6%
Historical FCF CAGR
9.6%
Growth gap
+37.1 pts
Verdict
RICH
Discount rate (WACC)
7.75%
Beta
0.74

Behaviour On Record

What IFF's own history says about today's numbers

Realized volatility (21d)
16.5% 22nd pct
Below its peak
-46.1%
vs 200-day average
+10.1%
Up days (1y)
50%

International Flavors & Fragrances Inc. is currently running 16.5% annualised volatility over the last 21 sessions. Measured against IFF's own 13 years of daily returns rather than a market-wide average, that is the 22nd percentile — unusually subdued by its own history, against a typical reading of 22.8%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

IFF is trading -46.1% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -21.8%, and the deepest was -46.0% in 2023. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits +10.1% from its 200-day moving average. Against every other day in its history, that gap ranks at the 81st percentile — a wider gap than this stock usually carries. Over the past year IFF closed higher on 50% of sessions, and it is currently 1 session into a falling streak.

On October specifically: over 13 years of records, IFF finished the month higher 10 of 13 times, with a median return of +2.1% and an average of +1.0%. Its strongest month historically has been November at +4.1% on average, its weakest August at -3.2%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: IFF has opened more than 2% away from the prior close in 94 of 3,266 sessions (2.9% of the time), with the largest gaps running +6.7% and -12.4%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

Across the last 3 dated reports on file, IFF moved an average of 8.2% in the session after earnings, closing higher 3 of those 3 times, with a median move of +8.7% and a largest of +10.8%.

All figures computed from 3,267 daily closes between 2013-10-14 and 2026-10-09, split-adjusted, recomputed daily. Percentiles are against IFF's own 13-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of IFF's sector?

International Flavors & Fragrances Inc. sits in the Materials sector, currently ranked 9th of 12 GICS sectors by relative-strength rotation score (improving).

Sector rank
#9 of 12
Sector state
Improving
Sector rotation score
9

Options Market

What is the options market pricing for IFF?

CallsPuts

For International Flavors & Fragrances Inc.'s nearest expiry (2026-11-20, 37 days out), open interest is call-heavy, a bullish tilt (put/call ratio of 0.00), with at-the-money implied volatility around 3.1%. The options market is pricing roughly a ±1.0% move by that expiry — a range of about $83.71–$85.39.

Put/call ratio (2026-11-20)
0.00
ATM implied volatility
3.1%
Total open interest
5
Expected move by 2026-11-20
±1.0% ($83.71–$85.39)

Analyst Rating Changes

Are analysts turning bullish or bearish on IFF?

Citigroup most recently reiterated its rating on International Flavors & Fragrances Inc. to Buy on Oct 7, 2026 with a price target of $100 (from $101). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action
Citigroup — Buy
90-day upgrades
0
90-day downgrades
0
Net rating momentum
0
DateFirmActionRatingPrice target
Oct 7, 2026CitigroupMaintainedBuy$101 → $100
Oct 7, 2026Argus ResearchMaintainedBuy$85 → $95
Sep 11, 2026KeybancInitiatedSector Weight-
Aug 7, 2026BarclaysMaintainedOverweight$90 → $96
Aug 6, 2026UBSMaintainedNeutral$84 → $91
Aug 6, 2026BenchmarkMaintainedBuy$100 → $105
Jul 1, 2026Morgan StanleyMaintainedOverweight$93 → $95
Jun 30, 2026Argus ResearchMaintainedBuy$80 → $85
Jun 24, 2026CitigroupMaintainedBuy$96 → $88
Jun 9, 2026BenchmarkInitiatedBuy$100
May 8, 2026BarclaysMaintainedOverweight$80 → $90
May 7, 2026CitigroupMaintainedBuy$90 → $96

Peers & ETF holders

IFF peers & ETF holders

News Sentiment Analysis

Sentiment gathered from recent headlines

49/100
Strong NegativeNeutralStrong Positive
MIXED

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles
What did this article say?
On October 13, 2026, IFF announced it would publish its third‑quarter 2026 earnings after the market close on November 3, 2026. The company scheduled a live webcast on November 4, 2026, at 9:00 a.m. ET to discuss the results and outlook with investors. The webcast and accompanying slide deck will be available on IFF’s investor relations website, with a recorded version for later viewing. This update provides investors with a clear timeline for the upcoming earnings release and communication plan.
What did this article say?
Citigroup analyst Patrick Cunningham kept a Buy recommendation for IFF but reduced the price target from $101 to $100. The downgrade reflects a modest reassessment of the company’s valuation. No change was made to the investment thesis or risk factors. The adjustment signals a slight headwind but does not alter the overall positive outlook for the firm.
What did this article say?
Citigroup reduced its price target for International Flavors & Fragrances (IFF) to $100 from $101, indicating a modest downgrade in expectations. The change was based on a revised average rating of overweight and a mean target of $96.38 among analysts polled by FactSet. The adjustment suggests the bank views IFF’s near‑term outlook as slightly less favorable, though the impact is limited. No significant operational or financial events were cited to justify the move. The revision is likely to influence short‑term investor sentiment but does not signal a major shift in IFF’s fundamentals.
What did this article say?
Argus Research lifted its price target for International Flavors & Fragrances to $95 from $85, reflecting an upgraded outlook. The firm cited a favorable earnings outlook and strong market positioning as key drivers. The adjustment signals confidence in IFF’s ability to generate steady cash flow and sustain growth in the flavors and fragrances sector.
What did this article say?
Argus Research analyst Alexandra Yates maintained a Buy rating on IFF and increased the price target from $85 to $95. The upgrade reflects confidence in the company's international flavors and fragrances business. The higher target suggests expectations of stronger earnings and growth momentum for IFF. This move signals a positive outlook for the stock, potentially influencing investor sentiment.
What did this article say?
IFF released a strategic resource titled "Dear Dairy: The Life Stages Guide" aimed at helping dairy manufacturers align product development with consumer needs across different life phases. The guide emphasizes that dairy consumption evolves with consumers, requiring tailored innovation for childhood, adulthood, and senior stages. By integrating consumer insights, IFF positions itself as a thought leader in dairy innovation, potentially opening new market opportunities for partners. The initiative signals a positive shift in IFF’s content strategy and industry influence.
What did this article say?
In September 2026 International Flavors & Fragrances introduced AQUASCENT, a vegan, water‑based fragrance carrier that eliminates ethanol and allows high fragrance loads in a clear, biodegradable concentrate. The format lets brands add water at the final stage, reducing shipping weight and CO2 emissions while improving skin feel and olfactory performance. The launch signals a strategic shift toward sustainable, lightweight products that could enhance IFF’s competitive positioning and appeal to eco‑conscious consumers.
What did this article say?
On September 30, 2026, IFF announced AQUASCENT™, a vegan, water‑based carrier for fine fragrance that enhances olfactive performance and visual clarity while using biodegradable materials. The technology is positioned within IFF’s Science of Performance platform, aiming to set new industry standards for scent delivery and sustainability. The launch signals IFF’s continued investment in innovative fragrance formats and supports the growing market for water‑based fragrance solutions.
What did this article say?
ChartMill’s analysis noted that IFF’s stock had a 9 out of 10 technical rating and an 8 out of 10 setup quality. The company’s price was consolidating within a tight range, with clear support and resistance levels identified. Analysts suggested that a breakout could occur if the price moves above the upper resistance, indicating potential upside momentum. The report did not indicate any fundamental changes or earnings surprises, focusing solely on chart patterns.

Technical Analysis

Real-time indicators across multiple timeframes

82
BULLISH
Momentum rank against about 1,000 stocks and ETFs for this timeframe.
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Institutional & Hedge Fund Ownership
25 tracked managers · $6.55B combined position · 16 adding, 9 trimming, 0 unchanged (latest 13F filings)
ManagerTrendShares Held% of Co.Position ValueFiled
Vanguard Group Inc▼ Sell30,354,75412.32%$2.05B2026-01-29
BlackRock, Inc.▲ Buy23,175,4019.41%$1.84B2026-08-07
Invesco Ltd.▲ Buy9,403,3303.82%$744.93M2026-08-14
Geode Capital Management, LLC▼ Sell6,812,7312.77%$537.58M2026-08-12
Northern Trust Corp▲ Buy2,932,3631.19%$232.30M2026-08-13
Morgan Stanley▲ Buy2,678,7831.09%$212.21M2026-08-13
Goldman Sachs Group Inc▲ Buy1,919,1220.78%$152.03M2026-08-14
Bank of America Corp▲ Buy1,663,2140.68%$131.76M2026-08-14
Millennium Management LLC▲ Buy1,503,8020.61%$119.13M2026-08-14
AQR Capital Management LLC▼ Sell1,499,0840.61%$113.56M2026-08-14
Norges Bank▼ Sell1,376,1390.56%$109.02M2026-08-12
JPMorgan Chase & Co▼ Sell1,032,6990.42%$79.00M2026-08-12
Citigroup Inc▲ Buy756,2660.31%$59.91M2026-08-03
FMR LLC (Fidelity)▲ Buy464,4470.19%$36.79M2026-08-13
Gotham Asset Management, LLC▲ Buy402,7250.16%$31.90M2026-08-14
AllianceBernstein L.P.▲ Buy278,4210.11%$20.20M2026-08-14
Adage Capital Partners GP, L.L.C.▼ Sell227,5000.09%$18.02M2026-08-14
Wells Fargo & Company▼ Sell197,2520.08%$15.63M2026-08-14
Ancora Advisors LLC▲ Buy176,7040.07%$14.00M2026-08-14
Prudential Financial Inc▲ Buy164,8240.07%$13.06M2026-08-12
Verition Fund Management LLC▲ Buy115,1030.05%$9.12M2026-08-14
Citadel Advisors LLC▼ Sell110,1090.04%$8.72M2026-09-02
Wellington Management Group LLP▲ Buy59,1280.02%$4.68M2026-08-14
Susquehanna International Group, LLP▼ Sell34,0430.01%$2.70M2026-08-14
Allstate Corp▲ Buy33,8100.01%$2.68M2026-08-13
Q2 2026 flow:5.37M sh bought ($425.53M)2.93M sh sold ($227.96M)net +2.45M sh (+$197.56M)
Congressional Trading Activity
5 disclosed trades · ~$89.0K est. traded value · 2 buys, 3 sells
MemberChamberStateTypeAmountTradedFiled
Gilbert CisnerosHouseCA31▲ Buy$1K - $15K2025-11-182025-12-15
Rob BresnahanHousePA08▼ Sell$1K - $15K2025-05-152025-05-31
Jefferson ShreveHouseIN06▼ Sell$15K - $50K2025-04-072025-05-08
Gary PetersSenateMI▼ Sell$15K - $50K2024-05-142024-05-23
Gary PetersSenateMI▲ Buy$1K - $15K2023-06-062023-06-30