Westlake Corporation (WLK)
NYSE: WLK · IEX Real-Time Price · USD
149.55
+1.18 (0.80%)
Apr 26, 2024, 4:00 PM EDT - Market closed
Westlake Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Westlake stock have an average target of 147.75, with a low estimate of 110 and a high estimate of 180. The average target predicts a decrease of -1.20% from the current stock price of 149.55.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Westlake stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 10 | 10 | 10 | 9 | 9 | 9 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 14 | 13 | 13 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $134 → $153 | Hold | Maintains | $134 → $153 | +2.31% | Apr 19, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $138 → $174 | Hold → Strong Buy | Upgrades | $138 → $174 | +16.35% | Apr 18, 2024 |
| Citigroup | Citigroup | Hold Maintains $140 → $162 | Hold | Maintains | $140 → $162 | +8.32% | Apr 10, 2024 |
| Vertical Research | Vertical Research | Strong Buy → Hold Downgrades $154 | Strong Buy → Hold | Downgrades | $154 | +2.98% | Apr 8, 2024 |
| Barclays | Barclays | Hold Maintains $142 → $160 | Hold | Maintains | $142 → $160 | +6.99% | Apr 4, 2024 |
Financial Forecast
Revenue This Year
12.46B
from 12.55B
Decreased by -0.70%
Revenue Next Year
13.20B
from 12.46B
Increased by 5.95%
EPS This Year
7.13
from 3.70
Increased by 92.62%
EPS Next Year
9.31
from 7.13
Increased by 30.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.4B | 14.2B | 14.9B |
| Avg | 12.5B | 13.2B | 13.8B |
| Low | 11.7B | 11.7B | 12.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.5% | 13.8% | 13.0% |
| Avg | -0.7% | 5.9% | 4.3% |
| Low | -6.6% | -6.5% | -8.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.66 | 10.82 | 13.76 |
| Avg | 7.13 | 9.31 | 11.10 |
| Low | 5.49 | 6.71 | 7.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 134.1% | 51.7% | 47.7% |
| Avg | 92.6% | 30.6% | 19.2% |
| Low | 48.3% | -5.8% | -17.4% |
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.