Celanese Corporation (CE)

Celanese Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Celanese stock have an average target of 160.88, with a low estimate of 110 and a high estimate of 184. The average target predicts an increase of 15.86% from the current stock price of 138.86.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$110	$160.88	$170	$184
Change	-20.78%	+15.86%	+22.43%	+32.51%

Analyst Ratings

The average analyst rating for Celanese stock from 16 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	1	1	1	1	1	1
Buy	6	6	5	5	5	5
Hold	10	9	9	9	7	7
Sell	2	2	3	3	3	3
Strong Sell	0	0	0	0	0	0
Total	19	18	18	18	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Aleksey Yefremov Keybanc	Keybanc	Buy Maintains $190 → $180	Buy	Maintains	$190 → $180	+29.63%	Jul 10, 2024
Joshua Spector UBS	UBS	Strong Buy Maintains $193 → $184	Strong Buy	Maintains	$193 → $184	+32.51%	Jul 9, 2024
Patrick Cunningham Citigroup	Citigroup	Hold Maintains $167 → $148	Hold	Maintains	$167 → $148	+6.58%	Jun 27, 2024
Michael Sison Wells Fargo	Wells Fargo	Buy Maintains $195 → $180	Buy	Maintains	$195 → $180	+29.63%	Jun 27, 2024
John McNulty BMO Capital	BMO Capital	Hold Maintains $158	Hold	Maintains	$158	+13.78%	Jun 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

11.29B

Increased by 3.18%

from 10.94B

Revenue Next Year

11.95B

Increased by 5.85%

from 11.29B

EPS This Year

11.77

Decreased by -34.32%

from 17.92

EPS Next Year

14.30

Increased by 21.50%

from 11.77

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	6.30B	5.66B	8.54B	9.67B	10.94B	11.29B	11.95B	12.48B	12.59B	13.00B
Revenue Growth	-11.99%	-10.20%	50.96%	13.31%	13.10%	3.18%	5.85%	4.42%	0.90%	3.25%
EPS	6.84	16.75	16.86	17.34	17.92	11.77	14.30	16.07	14.00	14.75
EPS Growth	-23.23%	144.88%	0.66%	2.85%	3.34%	-34.32%	21.50%	12.37%	-12.89%	5.37%
Forward PE	-	-	-	-	-	11.80	9.71	8.64	9.92	9.41
No. Analysts	-	-	-	-	-	26	26	13	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	11.9B	12.9B	13.4B	12.8B	13.2B
Avg	11.3B	11.9B	12.5B	12.6B	13.0B
Low	10.3B	10.7B	11.4B	12.0B	12.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	9.2%	14.4%	12.1%	2.9%	5.3%
Avg	3.2%	5.8%	4.4%	0.9%	3.2%
Low	-6.0%	-5.2%	-4.9%	-4.0%	-1.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	12.44	16.63	19.80	14.27	15.04
Avg	11.77	14.30	16.07	14.00	14.75
Low	10.98	11.71	12.25	13.32	14.03

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-30.6%	41.3%	38.5%	-11.2%	7.4%
Avg	-34.3%	21.5%	12.4%	-12.9%	5.4%
Low	-38.8%	-0.5%	-14.3%	-17.1%	0.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.