Eastman Chemical Company Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Eastman Chemical Company stock have an average target of 113.77, with a low estimate of 103 and a high estimate of 128. The average target predicts an increase of 15.25% from the current stock price of 98.72.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$103	$113.77	$110	$128
Change	+4.34%	+15.25%	+11.43%	+29.66%

Analyst Ratings

The average analyst rating for Eastman Chemical Company 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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	6	5	5	4	5	4
Buy	3	2	2	2	2	3
Hold	10	9	7	7	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	16	14	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Charles Neivert Piper Sandler	Piper Sandler	Hold Maintains $102 → $105	Hold	Maintains	$102 → $105	+6.36%	Feb 13, 2025
Arun Viswanathan RBC Capital	RBC Capital	Hold Maintains $101 → $103	Hold	Maintains	$101 → $103	+4.34%	Feb 4, 2025
Jeffrey Zekaukas JP Morgan	JP Morgan	Buy Maintains $110 → $112	Buy	Maintains	$110 → $112	+13.45%	Feb 3, 2025
Michael Leithead Barclays	Barclays	Hold Maintains $111 → $108	Hold	Maintains	$111 → $108	+9.40%	Feb 3, 2025
Aleksey Yefremov Keybanc	Keybanc	Buy Maintains $121 → $128	Buy	Maintains	$121 → $128	+29.66%	Feb 3, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

9.69B

from 9.38B

3.27%

from 9.38B

Revenue Next Year

10.09B

from 9.69B

4.14%

from 9.69B

EPS This Year

8.57

from 7.67

11.73%

from 7.67

EPS Next Year

9.51

from 8.57

10.94%

from 8.57

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	8.47B	10.48B	10.58B	9.21B	9.38B	9.69B	10.09B	10.46B
Revenue Growth	-8.63%	23.64%	0.99%	-12.95%	1.87%	3.27%	4.14%	3.67%
EPS	3.50	6.25	6.35	7.49	7.67	8.57	9.51	10.45
EPS Growth	-36.13%	78.57%	1.60%	17.95%	2.40%	11.73%	10.94%	9.90%
Forward PE	-	-	-	-	-	11.52	10.38	9.45
No. Analysts	-	-	-	-	-	21	21	11

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

Revenue Forecast

Revenue	2025	2026	2027
High	10.3B	11.1B	11.6B
Avg	9.7B	10.1B	10.5B
Low	9.3B	9.5B	9.7B

Revenue Growth

Revenue Growth	2025	2026	2027
High	10.0%	14.7%	15.4%
Avg	3.3%	4.1%	3.7%
Low	-1.4%	-2.2%	-3.8%

EPS Forecast

EPS	2025	2026	2027
High	9.19	10.71	12.29
Avg	8.57	9.51	10.45
Low	8.13	8.82	9.31

EPS Growth

EPS Growth	2025	2026	2027
High	19.8%	25.0%	29.2%
Avg	11.7%	10.9%	9.9%
Low	6.0%	2.9%	-2.1%

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.