Calumet, Inc. (CLMT)

Calumet Stock Forecast

Stock Price Forecast

The 5 analysts that cover Calumet stock have a consensus rating of "Strong Buy" and an average price target of $21.25, which forecasts a -21.18% decrease in the stock price over the next year. The lowest target is $13.25 and the highest is $33.

Price Target: $21.25 (-21.18%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$13.25	$21.25	$21	$33
Change	-50.85%	-21.18%	-22.11%	+22.40%

Analyst Ratings

The average analyst rating for Calumet stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	4	4	4	4	3	3
Buy	1	1	1	1	1	1
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Neil Mehta Goldman Sachs	Goldman Sachs	Strong Buy Maintains $20 → $24	Strong Buy	Maintains	$20 → $24	-10.98%	Jan 30, 2026
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $33	Strong Buy	Reiterates	$33	+22.40%	Nov 10, 2025
Neil Mehta Goldman Sachs	Goldman Sachs	Strong Buy Maintains $15 → $20	Strong Buy	Maintains	$15 → $20	-25.82%	Oct 22, 2025
Manav Gupta UBS	UBS	Hold Maintains $12 → $13	Hold	Maintains	$12 → $13	-50.85%	Aug 12, 2025
Roger Read Wells Fargo	Wells Fargo	Buy Maintains $23 → $21	Buy	Maintains	$23 → $21	-22.11%	May 14, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.34B

Increased by 4.98%

from 4.14B

Revenue Next Year

4.10B

Decreased by -5.71%

from 4.34B

EPS This Year

-0.64

from -0.39

EPS Next Year

0.28

from -0.64

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.15B	4.69B	4.18B	4.19B	4.14B	4.34B	4.10B
Revenue Growth	38.79%	48.87%	-10.78%	0.20%	-1.25%	4.98%	-5.71%
EPS	-3.23	-2.14	0.59	-2.67	-0.39	-0.64	0.28
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	95.77
No. Analysts	-	-	-	-	-	8	6

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	5.6B	5.2B
Avg	4.3B	4.1B
Low	3.1B	3.1B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	35.1%	19.6%
Avg	5.0%	-5.7%
Low	-23.9%	-27.8%

EPS Forecast

EPS	2026	2027	2029	2030
High	0.33	0.36
Avg	-0.64	0.28
Low	-1.41	0.23

EPS Growth

EPS Growth	2026	2027	2029	2030
High	-	-
Avg	-	-
Low	-	-

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.