Eastman Chemical Company (EMN)
NYSE: EMN · Real-Time Price · USD
93.21
+1.47 (1.60%)
Jan 17, 2025, 4:00 PM EST - Market closed
Eastman Chemical Company Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for EMN stock have an average target of 112.92, with a low estimate of 101 and a high estimate of 128. The average target predicts an increase of 21.15% from the current stock price of 93.21.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EMN stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 5 | 5 | 4 | 5 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 10 | 10 | 9 | 7 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 16 | 14 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $115 → $109 | Hold → Strong Buy | Upgrades | $115 → $109 | +16.94% | Jan 14, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $105 → $102 | Hold | Maintains | $105 → $102 | +9.43% | Jan 7, 2025 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $118 → $104 | Strong Buy → Hold | Downgrades | $118 → $104 | +11.58% | Dec 18, 2024 |
| Mizuho | Mizuho | Hold Maintains $113 → $117 | Hold | Maintains | $113 → $117 | +25.52% | Nov 26, 2024 |
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $110 → $125 | Hold → Buy | Upgrades | $110 → $125 | +34.11% | Nov 26, 2024 |
Financial Forecast
Revenue This Year
9.49B
from 9.21B
Increased by 3.07%
Revenue Next Year
9.87B
from 9.49B
Increased by 3.93%
EPS This Year
7.71
from 7.49
Increased by 2.92%
EPS Next Year
8.77
from 7.71
Increased by 13.77%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.9B | 10.6B | 11.2B | ||
| Avg | 9.5B | 9.9B | 10.3B | ||
| Low | 8.9B | 9.0B | 9.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.0% | 12.0% | 13.6% | ||
| Avg | 3.1% | 3.9% | 4.6% | ||
| Low | -3.4% | -5.5% | -5.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.10 | 10.19 | 11.66 | ||
| Avg | 7.71 | 8.77 | 9.89 | ||
| Low | 7.40 | 7.97 | 8.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.2% | 32.1% | 32.9% | ||
| Avg | 2.9% | 13.8% | 12.8% | ||
| Low | -1.2% | 3.4% | 0.6% |
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.