ICL Group's stock soared 6.27% during intraday trading on Wednesday, following the release of its first-quarter 2026 financial results that significantly exceeded analyst expectations.

The specialty minerals company reported adjusted earnings of $0.11 per diluted share, beating the consensus estimate of $0.10. Quarterly sales reached $2.023 billion, representing a 14% year-over-year increase and also surpassing expectations. The company raised its full-year 2026 adjusted EBITDA guidance to $1.5 billion to $1.7 billion, up from its previous outlook of $1.4 billion to $1.6 billion.

The strong performance was driven by higher potash prices and increased sales volumes, particularly to China and Brazil, alongside improved pricing for bromine-based flame retardants benefiting from electronics demand and the strategic expansion of specialty fertilizer operations in India.