Eastman Chemical Company (EMN)
NYSE: EMN · Real-Time Price · USD
101.37
+0.04 (0.04%)
Nov 20, 2024, 4:00 PM EST - Market open
Eastman Chemical Company Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for EMN stock have an average target of 111.5, with a low estimate of 92 and a high estimate of 128. The average target predicts an increase of 9.99% from the current stock price of 101.37.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for EMN stock from 14 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 5 | 5 |
| Buy | 3 | 3 | 3 | 3 | 2 | 1 |
| Hold | 9 | 10 | 10 | 10 | 9 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 19 | 19 | 19 | 16 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $107 → $105 | Hold | Maintains | $107 → $105 | +3.58% | Nov 6, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $115 → $110 | Hold | Maintains | $115 → $110 | +8.51% | Nov 4, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $118 → $110 | Hold | Maintains | $118 → $110 | +8.51% | Nov 4, 2024 |
| Mizuho | Mizuho | Hold Maintains $107 → $113 | Hold | Maintains | $107 → $113 | +11.47% | Nov 1, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $114 → $119 | Strong Buy → Hold | Downgrades | $114 → $119 | +17.39% | Oct 16, 2024 |
Financial Forecast
Revenue This Year
9.50B
from 9.21B
Increased by 3.15%
Revenue Next Year
9.91B
from 9.50B
Increased by 4.31%
EPS This Year
7.71
from 7.49
Increased by 2.90%
EPS Next Year
8.78
from 7.71
Increased by 13.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.0B | 10.9B | 11.5B | ||
| Avg | 9.5B | 9.9B | 10.4B | ||
| Low | 8.9B | 9.0B | 9.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.3% | 14.3% | 16.0% | ||
| Avg | 3.1% | 4.3% | 4.8% | ||
| Low | -3.4% | -5.6% | -6.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.10 | 10.19 | 11.60 | ||
| Avg | 7.71 | 8.78 | 9.89 | ||
| Low | 7.40 | 7.97 | 8.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.2% | 32.1% | 32.1% | ||
| Avg | 2.9% | 14.0% | 12.6% | ||
| Low | -1.2% | 3.4% | 0.4% |
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.