Is FutureFuel Corp. (NYSE:FF) a buy in 2026?
Hold. FutureFuel Corp. is a wait-and-watch at today's price, not a fresh buy.
Cash-rich biodiesel orphan trading near book value, but the BTC tax credit cliff is the entire investment case.
Where FF is headed
FutureFuel sits in a strange spot for a specialty chemicals name. The company makes biodiesel in Batesville, Arkansas, and a grab-bag of custom and performance chemicals for customers in agrochemicals, detergents, and oil and gas. Revenue is up 82% on the trailing twelve months, but gross margin is negative 36% and free cash flow ran $70 million negative. That is the tell. This is a company whose biofuels economics live and die by the federal Biodiesel Tax Credit (now folded into the 45Z Clean Fuel Production Credit) and by RIN prices. Both have whipsawed violently since the Inflation Reduction Act transition, and FF has been on the wrong side of the swing.
Read the full Compass Direction on FF
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $4.24).
See the full FF analysisGet calls like this, free
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Frequently asked questions
Is FutureFuel Corp. (NYSE:FF) a buy in 2026?
Hold. FutureFuel Corp. is a wait-and-watch at today's price, not a fresh buy. Cash-rich biodiesel orphan trading near book value, but the BTC tax credit cliff is the entire investment case.
What is FF's Compass Score?
FutureFuel Corp. scores 74/100 on Alexandria's Compass, placing it in the "Favorable" tier. Scores blend eight factors and update weekly.
What is the price target for FF?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the FF page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.