AZEK Company Merger with James Hardie Approved

AZEK Company ( (AZEK) ) has issued an update.

On March 23, 2025, AZEK Company Inc. entered into a merger agreement with James Hardie Industries, with the merger set to make AZEK a wholly owned subsidiary of James Hardie. The merger’s completion was contingent upon the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, which expired on June 2, 2025, allowing the merger to proceed.

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

The AZEK Company Inc. operates in the building materials industry, focusing on manufacturing sustainable and innovative outdoor living products such as decking, railing, and trim.

Average Trading Volume: 4,124,052

Technical Sentiment Signal: Strong Buy

Current Market Cap: $7.26B

For detailed information about AZEK stock, go to TipRanks’ Stock Analysis page.