Calumet Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Calumet stock has a consensus rating of "Buy" and an average price target of $37. The average 1-year stock price forecast is 4.31% higher than the current stock price, while the lowest is $25 (-29.52%) and the highest is $60 (+69.16%).

Price Target: $37 (+4.31%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$25	$37	$36	$60
Change	-29.52%	+4.31%	+1.49%	+69.16%

Analyst Ratings

The average analyst rating for Calumet stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	3	3	3	3	2	2
Buy	0	0	0	0	0	0
Hold	3	3	3	3	4	4
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
Amit Dayal H.C. Wainwright	H.C. Wainwright	Buy Reiterates $33 → $60	Buy	Reiterates	$33 → $60	+69.16%	May 11, 2026
Neil Mehta Goldman Sachs	Goldman Sachs	Hold Downgrades $34 → $36	Hold	Downgrades	$34 → $36	+1.49%	Apr 24, 2026
Conor Fitzpatrick Bank of America Securities	Bank of America Securities	Buy Reiterates $40 → $33	Buy	Reiterates	$40 → $33	-6.96%	Mar 30, 2026
Unknown Analyst Raymond James No rating	Raymond James	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Mar 26, 2026
Jason Gabelman TD Cowen	TD Cowen	Hold Maintains $19 → $25	Hold	Maintains	$19 → $25	-29.52%	Mar 5, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

4.56B

from 4.14B

10.13%

from 4.14B

Revenue Next Year

4.89B

from 4.56B

7.29%

from 4.56B

EPS This Year

-4.01

from -0.39

EPS Next Year

0.79

from -4.01

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	4.56B	4.89B
Revenue Growth	38.79%	48.87%	-10.78%	0.20%	-1.25%	10.13%	7.29%
EPS	-3.23	-2.14	0.59	-2.67	-0.39	-4.01	0.79
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	44.77
No. Analysts	-	-	-	-	-	8	8

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

Revenue Forecast

Revenue	2026	2027
High	5.2B	5.9B
Avg	4.6B	4.9B
Low	3.8B	3.7B

Revenue Growth

Revenue Growth	2026	2027
High	24.7%	28.8%
Avg	10.1%	7.3%
Low	-8.5%	-19.6%

EPS Forecast

EPS	2026	2027
High	-3.57	1.40
Avg	-4.01	0.79
Low	-4.79	0.30

EPS Growth

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

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.