AZEK Company Faces Legal Challenges Over Merger

The latest update is out from AZEK Company ( (AZEK) ).

On March 23, 2025, AZEK Company Inc. entered into a merger agreement with James Hardie Industries, where AZEK will become an indirect wholly owned subsidiary of James Hardie. The merger has faced legal challenges from stockholders alleging disclosure deficiencies in the proxy statement, but AZEK has made voluntary supplemental disclosures to mitigate delays and expenses, while denying any wrongdoing.

The most recent analyst rating on (AZEK) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on AZEK Company stock, see the AZEK Stock Forecast page.

Spark’s Take on AZEK Stock

According to Spark, TipRanks’ AI Analyst, AZEK is a Outperform.

AZEK Company’s strong financial performance and positive earnings call outlook are key strengths, supported by robust revenue growth and strategic initiatives like the proposed merger with James Hardie. However, the stock’s high valuation and technical indicators suggest caution due to potential overbought conditions. Overall, AZEK demonstrates solid growth prospects in the construction industry but requires careful monitoring of valuation and market conditions.

To see Spark’s full report on AZEK stock, click here.

More about AZEK Company

AZEK Company Inc. operates in the building products industry, focusing on manufacturing sustainable and innovative outdoor living products, including decking, railing, and trim. The company is known for its commitment to environmentally friendly solutions and holds a significant position in the market for high-performance building materials.

Average Trading Volume: 4,367,947

Technical Sentiment Signal: Buy

Current Market Cap: $7.62B

See more data about AZEK stock on TipRanks’ Stock Analysis page.