Calumet, Inc. (CLMT)

Calumet Stock Forecast

Stock Price Forecast

The 6 analysts that cover Calumet stock have a consensus rating of "Strong Buy" and an average price target of $21.38, which forecasts a -0.79% decrease in the stock price over the next year. The lowest target is $13.25 and the highest is $33.

Price Target: $21.38 (-0.79%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$13.25	$21.38	$21	$33
Change	-38.52%	-0.79%	-2.55%	+53.13%

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	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	4	4	4	4	4	4
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	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Neil Mehta Goldman Sachs	Goldman Sachs	Strong Buy Maintains $15 → $20	Strong Buy	Maintains	$15 → $20	-7.19%	Oct 22, 2025
Manav Gupta UBS	UBS	Hold Maintains $12 → $13	Hold	Maintains	$12 → $13	-38.52%	Aug 12, 2025
Roger Read Wells Fargo	Wells Fargo	Buy Maintains $23 → $21	Buy	Maintains	$23 → $21	-2.55%	May 14, 2025
Conor Fitzpatrick B of A Securities	B of A Securities	Strong Buy Initiates $15	Strong Buy	Initiates	$15	-30.39%	May 13, 2025
Neil Mehta Goldman Sachs	Goldman Sachs	Strong Buy Maintains $16 → $14	Strong Buy	Maintains	$16 → $14	-35.03%	Apr 30, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.23B

Increased by 1.02%

from 4.19B

Revenue Next Year

4.36B

Increased by 3.05%

from 4.23B

EPS This Year

-4.43

from -2.67

EPS Next Year

-0.53

from -4.43

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.27B	3.15B	4.69B	4.18B	4.19B	4.23B	4.36B
Revenue Growth	-34.31%	38.79%	48.87%	-10.78%	0.20%	1.02%	3.05%
EPS	-1.86	-3.23	-2.14	0.59	-2.67	-4.43	-0.53
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	8	8

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

Revenue Forecast

Revenue	2025	2026	2027
High	4.7B	5.3B
Avg	4.2B	4.4B
Low	3.6B	3.1B

Revenue Growth

Revenue Growth	2025	2026	2027
High	13.3%	25.4%
Avg	1.0%	3.0%
Low	-14.9%	-27.2%

EPS Forecast

EPS	2025	2026	2027
High	-3.60	1.16
Avg	-4.43	-0.53
Low	-4.94	-1.46

EPS Growth

EPS Growth	2025	2026	2027
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.