Calumet, Inc. (CLMT)
NASDAQ: CLMT · Real-Time Price · USD
20.39
+0.09 (0.44%)
Dec 20, 2024, 4:00 PM EST - Market closed

Calumet Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Calumet stock have an average target of 23.75, with a low estimate of 15 and a high estimate of 29. The average target predicts an increase of 16.48% from the current stock price of 20.39.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $15 $23.75 $26 $29
Change -26.43% +16.48% +27.51% +42.23%
* Price targets were last updated on Nov 11, 2024.

Analyst Ratings

The average analyst rating for Calumet stock from 4 stock analysts 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 233333
Buy 000111
Hold 100000
Sell 000000
Strong Sell 000000
Total 333444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Strong Buy
Maintains
$27$26
Strong Buy Maintains $27$26 +27.51% Nov 11, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$25
Strong Buy Reiterates $25 +22.61% Nov 11, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$25$29
Buy Maintains $25$29 +42.23% Oct 21, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$22$27
Strong Buy Maintains $22$27 +32.42% Oct 17, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$25
Strong Buy Reiterates $25 +22.61% Oct 17, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.06B
from 4.18B
Decreased by -2.87%
Revenue Next Year
4.13B
from 4.06B
Increased by 1.72%
EPS This Year
-2.84
from 0.59
EPS Next Year
-0.00
from -2.84
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
3.45B2.27B3.15B4.69B4.18B4.06B4.13B3.75B
Revenue Growth
-1.28%-34.30%38.79%48.87%-10.78%-2.87%1.72%-9.30%
EPS
-0.55-1.86-3.23-2.140.59-2.84-0.001.01
EPS Growth
--------
Forward PE
-------20.11
No. Analysts -----887
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 4.4B 5.1B 5.4B
Avg 4.1B 4.1B 3.7B
Low 3.2B 3.5B 2.4B

Revenue Growth

Revenue Growth 202420252026
High
6.2%
24.7%
29.6%
Avg
-2.9%
1.7%
-9.3%
Low
-24.0%
-14.6%
-42.9%

EPS Forecast

EPS 202420252026
High -2.25 1.32 1.95
Avg -2.84 -0.00 1.01
Low -3.22 -1.29 -1.22

EPS Growth

EPS Growth 202420252026
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.