Ashland (ASH) Stock Forecast, Price Target & Predictions
ASH Stock Forecast
Ashland stock forecast is as follows: an average price target of $117.30 (represents a 35.29% upside from ASH’s last price of $86.70) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
ASH Price Target
The average price target for Ashland (ASH) is $117.30 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $140.00 to $92.00. This represents a potential 35.29% upside from ASH's last price of $86.70.
ASH Analyst Ratings
According to 6 Wall Street analysts, Ashland's rating consensus is 'Buy'. The analyst rating breakdown for ASH stock is 0 'Strong Buy' (0.00%), 5 'Buy' (83.33%), 1 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Ashland Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 09, 2024 | John McNulty | BMO Capital | $92.00 | $83.11 | 10.70% | 6.11% |
| Aug 07, 2024 | Chris Parkinson | Wolfe Research | $110.00 | $81.74 | 34.57% | 26.87% |
| May 17, 2024 | Bill Selesky | Argus Research | $118.00 | $99.90 | 18.12% | 36.10% |
| May 07, 2024 | John McNulty | BMO Capital | $105.00 | $97.34 | 7.87% | 21.11% |
| Apr 10, 2024 | Michael Sison | Wells Fargo | $112.00 | $94.41 | 18.63% | 29.18% |
| Mar 14, 2024 | Laurence Alexander | Jefferies | $126.00 | $95.34 | 32.15% | 45.33% |
| Feb 02, 2023 | - | Wells Fargo | $115.00 | $107.61 | 6.86% | 32.64% |
| Feb 02, 2023 | - | BMO Capital | $136.00 | $107.92 | 26.01% | 56.86% |
| Feb 02, 2023 | - | J.P. Morgan | $105.00 | $108.40 | -3.14% | 21.11% |
| Jul 28, 2022 | - | Wells Fargo | $110.00 | $102.60 | 7.21% | 26.87% |
The latest Ashland stock forecast, released on Aug 09, 2024 by John McNulty from BMO Capital, set a price target of $92.00, which represents a 10.70% increase from the stock price at the time of the forecast ($83.11), and a 6.11% increase from ASH last price ($86.70).
Ashland Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 6 |
| Avg Price Target | - | $101.00 | $110.50 |
| Last Closing Price | $86.70 | $86.70 | $86.70 |
| Upside/Downside | -100.00% | 16.49% | 27.45% |
In the current month, the average price target of Ashland stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ashland's last price of $86.70. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 09, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Aug 07, 2024 | Wolfe Research | Outperform | Outperform | Hold |
| May 07, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Apr 10, 2024 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Mar 14, 2024 | Jefferies | - | Buy | Upgrade |
| May 04, 2023 | BMO Capital | Market Perform | Market Perform | Hold |
| Feb 02, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Feb 02, 2023 | BMO Capital | Outperform | Outperform | Hold |
| Sep 12, 2022 | Credit Suisse | - | Outperform | Initialise |
| Jul 28, 2022 | BMO Capital | Outperform | Outperform | Hold |
Ashland's last stock rating was published by BMO Capital on Aug 09, 2024. The company gave ASH a "Market Perform" rating, the same as its previous rate.
Ashland Financial Forecast
Ashland Revenue Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $848.00M | $518.00M | $546.00M | $603.00M | $525.00M | $631.00M | - | $604.00M | $512.00M | $325.00M | $637.00M | $598.00M | $552.00M | $609.00M | $574.00M | $610.00M | $533.00M | $609.00M | $641.00M |
| Avg Forecast | $576.20M | $581.58M | $596.78M | $496.84M | $553.84M | $559.79M | $578.90M | $491.14M | $535.90M | $574.41M | $574.64M | $478.75M | $528.57M | $559.38M | $625.96M | $526.89M | $626.77M | $625.15M | $591.61M | $515.62M | $626.54M | $630.21M | $636.41M | $539.62M | $594.03M | $571.32M | $618.75M | $532.59M | $632.26M | $641.64M |
| High Forecast | $593.34M | $598.88M | $614.54M | $511.63M | $570.32M | $576.45M | $596.12M | $505.75M | $540.94M | $591.51M | $591.74M | $483.08M | $557.72M | $576.02M | $644.58M | $542.57M | $645.42M | $625.15M | $603.97M | $526.40M | $639.63M | $643.38M | $649.70M | $550.90M | $606.44M | $583.25M | $631.68M | $543.72M | $645.47M | $655.05M |
| Low Forecast | $561.09M | $566.33M | $581.14M | $483.82M | $539.32M | $545.12M | $563.72M | $478.26M | $526.87M | $559.36M | $559.58M | $470.31M | $484.58M | $544.72M | $609.55M | $513.08M | $610.34M | $625.15M | $574.28M | $500.52M | $608.19M | $611.75M | $617.76M | $523.82M | $576.63M | $554.58M | $600.63M | $516.99M | $613.74M | $622.84M |
| # Analysts | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.77% | 0.98% | 0.98% | 0.96% | 1.00% | 1.01% | - | 1.02% | 0.99% | 0.52% | 1.01% | 0.94% | 1.02% | 1.03% | 1.00% | 0.99% | 1.00% | 0.96% | 1.00% |
Ashland's average Quarter revenue forecast for Mar 24 based on 2 analysts is $574.64M, with a low forecast of $559.58M, and a high forecast of $591.74M. ASH's average Quarter revenue forecast represents a -32.24% decrease compared to the company's last Quarter revenue of $848.00M (Dec 23).
Ashland EBITDA Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $-18.00M | $46.00M | $120.00M | $143.00M | $95.00M | $138.00M | - | $147.00M | $113.00M | $102.00M | $138.00M | $120.00M | $134.00M | $96.00M | $128.00M | $-503.00M | $92.00M | $530.00M | $155.00M |
| Avg Forecast | $132.75M | $133.99M | $137.50M | $114.47M | $127.60M | $128.97M | $133.37M | $113.16M | $123.47M | $132.34M | $132.39M | $110.30M | $121.78M | $128.88M | $144.22M | $121.39M | $117.46M | $144.03M | $136.30M | $111.70M | $106.78M | $143.43M | $142.33M | $74.87M | $65.28M | $121.60M | $-484.37M | $68.35M | $145.67M | $155.00M |
| High Forecast | $136.70M | $137.98M | $141.59M | $117.88M | $131.40M | $132.81M | $137.34M | $116.52M | $124.63M | $136.28M | $136.33M | $111.30M | $128.49M | $132.71M | $148.51M | $125.01M | $140.95M | $144.03M | $139.15M | $134.04M | $128.14M | $172.12M | $170.79M | $89.84M | $78.34M | $145.92M | $-387.50M | $82.03M | $148.71M | $186.00M |
| Low Forecast | $129.27M | $130.48M | $133.89M | $111.47M | $124.26M | $125.59M | $129.88M | $110.19M | $121.39M | $128.87M | $128.92M | $108.36M | $111.65M | $125.50M | $140.44M | $118.21M | $93.97M | $144.03M | $132.31M | $89.36M | $85.42M | $114.75M | $113.86M | $59.90M | $52.22M | $97.28M | $-581.24M | $54.68M | $141.40M | $124.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | -0.16% | 0.38% | 0.93% | 0.99% | 0.78% | 1.17% | - | 1.08% | 1.01% | 0.96% | 0.96% | 0.84% | 1.79% | 1.47% | 1.05% | 1.04% | 1.35% | 3.64% | 1.00% |
4 analysts predict ASH's average Quarter EBITDA for Dec 23 to be $110.30M, with a high of $111.30M and a low of $108.36M. This is 139.79% upper than Ashland's previous annual EBITDA (Sep 23) of $46.00M.
Ashland Net Income Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $26.00M | $-4.00M | $50.00M | $91.00M | $40.00M | $57.00M | - | $38.00M | $32.00M | $44.00M | $80.00M | $41.00M | $56.00M | $5.00M | $37.00M | $-582.00M | $32.00M | $411.00M | $66.00M |
| Avg Forecast | $94.92M | $100.32M | $92.24M | $55.20M | $79.77M | $85.29M | $80.04M | $49.03M | $68.78M | $73.83M | $853.16M | $10.02M | $35.02M | $67.34M | $775.60M | $49.78M | $50.67M | $85.72M | $705.09M | $47.45M | $46.06M | $83.15M | $48.63M | $31.29M | $3.40M | $35.15M | $-560.44M | $23.78M | $492.34M | $66.00M |
| High Forecast | $98.59M | $104.21M | $95.80M | $57.34M | $82.85M | $88.59M | $83.13M | $50.93M | $71.75M | $76.68M | $1.02B | $15.74M | $45.09M | $69.95M | $930.72M | $51.71M | $60.80M | $85.72M | $846.11M | $56.94M | $55.27M | $99.78M | $58.35M | $37.55M | $4.08M | $42.18M | $-448.36M | $28.53M | $590.81M | $79.20M |
| Low Forecast | $91.68M | $96.91M | $89.09M | $53.32M | $77.05M | $82.38M | $77.31M | $47.36M | $64.33M | $71.31M | $682.53M | $-5.73M | $18.92M | $65.05M | $620.48M | $48.09M | $40.53M | $85.72M | $564.07M | $37.96M | $36.85M | $66.52M | $38.90M | $25.03M | $2.72M | $28.12M | $-672.53M | $19.02M | $393.88M | $52.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 2.60% | -0.11% | 0.74% | 0.12% | 0.80% | 1.12% | - | 0.05% | 0.67% | 0.96% | 0.96% | 0.84% | 1.79% | 1.47% | 1.05% | 1.04% | 1.35% | 0.83% | 1.00% |
Ashland's average Quarter net income forecast for Mar 24 is $853.16M, with a range of $682.53M to $1.02B. ASH's average Quarter net income forecast represents a 3181.37% increase compared to the company's last Quarter net income of $26.00M (Dec 23).
Ashland SG&A Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $83.00M | $109.00M | $84.00M | $79.00M | $93.00M | $94.00M | - | $90.00M | $82.00M | $69.00M | $98.00M | $84.00M | $106.00M | $109.00M | $113.00M | $103.00M | $99.00M | $110.00M | $150.00M |
| Avg Forecast | $103.60M | $104.57M | $107.31M | $89.34M | $99.58M | $100.66M | $104.09M | $88.31M | $96.36M | $103.28M | $97.69M | $86.08M | $95.04M | $100.58M | $88.81M | $94.74M | $79.46M | $112.41M | $80.74M | $81.06M | $72.23M | $101.86M | $99.63M | $59.23M | $74.12M | $107.35M | $99.19M | $73.56M | $131.77M | $150.00M |
| High Forecast | $106.69M | $107.68M | $110.50M | $91.99M | $102.55M | $103.65M | $107.19M | $90.94M | $97.26M | $106.36M | $117.23M | $86.86M | $100.28M | $103.57M | $106.57M | $97.56M | $95.35M | $112.41M | $96.88M | $97.27M | $86.68M | $122.23M | $119.55M | $71.07M | $88.94M | $128.82M | $119.02M | $88.27M | $158.12M | $180.00M |
| Low Forecast | $100.89M | $101.83M | $104.49M | $86.99M | $96.97M | $98.02M | $101.36M | $86.00M | $94.73M | $100.58M | $78.15M | $84.56M | $87.13M | $97.94M | $71.05M | $92.26M | $63.57M | $112.41M | $64.59M | $64.85M | $57.79M | $81.49M | $79.70M | $47.38M | $59.30M | $85.88M | $79.35M | $58.84M | $105.42M | $120.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.15% | 0.84% | 0.89% | 0.98% | 1.18% | - | 1.11% | 1.01% | 0.96% | 0.96% | 0.84% | 1.79% | 1.47% | 1.05% | 1.04% | 1.35% | 0.83% | 1.00% |
Ashland's average Quarter SG&A projection for Mar 24 is $97.69M, based on 2 Wall Street analysts, with a range of $78.15M to $117.23M. The forecast indicates a 17.70% rise compared to ASH last annual SG&A of $83.00M (Dec 23).
Ashland EPS Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 10 | 14 | 8 | 8 | 10 | 13 | 7 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.54 | $-0.08 | $0.96 | $1.68 | $0.74 | $1.06 | - | $0.70 | $0.56 | $0.75 | $1.32 | $0.67 | $0.92 | $0.08 | $0.61 | $-9.63 | $0.53 | $6.85 | $1.09 |
| Avg Forecast | $1.86 | $1.97 | $1.81 | $1.08 | $1.56 | $1.67 | $1.57 | $0.96 | $1.35 | $1.45 | $1.14 | $0.20 | $0.69 | $1.32 | $1.47 | $0.98 | $1.45 | $1.68 | $1.37 | $0.87 | $1.32 | $1.31 | $1.33 | $0.69 | $0.71 | $0.80 | $0.83 | $0.07 | $0.95 | $0.77 |
| High Forecast | $1.93 | $2.04 | $1.88 | $1.12 | $1.62 | $1.74 | $1.63 | $1.00 | $1.41 | $1.50 | $1.19 | $0.31 | $0.88 | $1.37 | $1.52 | $1.01 | $1.51 | $1.68 | $1.41 | $0.90 | $1.36 | $1.34 | $1.36 | $0.70 | $0.73 | $0.82 | $0.85 | $0.07 | $0.98 | $0.79 |
| Low Forecast | $1.80 | $1.90 | $1.75 | $1.05 | $1.51 | $1.62 | $1.52 | $0.93 | $1.26 | $1.40 | $1.10 | $-0.11 | $0.37 | $1.28 | $1.42 | $0.94 | $1.40 | $1.68 | $1.32 | $0.84 | $1.27 | $1.26 | $1.28 | $0.66 | $0.68 | $0.77 | $0.80 | $0.07 | $0.92 | $0.74 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 2.75% | -0.11% | 0.73% | 1.15% | 0.76% | 0.73% | - | 0.51% | 0.64% | 0.57% | 1.01% | 0.50% | 1.35% | 0.12% | 0.76% | -11.64% | 7.34% | 7.18% | 1.42% |
According to 2 Wall Street analysts, Ashland's projected average Quarter EPS for Mar 24 is $1.14, with a low estimate of $1.10 and a high estimate of $1.19. This represents a 111.84% increase compared to ASH previous annual EPS of $0.54 (Dec 23).
Ashland Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ASH | Ashland | $86.70 | $117.30 | 35.29% | Buy |
| AVTR | Avantor | $26.88 | $35.71 | 32.85% | Buy |
| MTX | Minerals | $72.81 | $90.00 | 23.61% | Buy |
| KWR | Quaker Chemical | $164.69 | $197.50 | 19.92% | Buy |
| SXT | Sensient | $75.53 | $85.00 | 12.54% | - |
| FUL | H.B. Fuller Company | $80.78 | $85.60 | 5.97% | Buy |
| AXTA | Axalta Coating Systems | $34.80 | $36.73 | 5.55% | Buy |
| ESI | Element Solutions | $25.62 | $25.60 | -0.08% | Buy |
| BCPC | Balchem | $171.82 | $152.00 | -11.54% | Buy |
ASH Forecast FAQ
Is Ashland a good buy?
Yes, according to 6 Wall Street analysts, Ashland (ASH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 83.33% of ASH's total ratings.
What is ASH's price target?
Ashland (ASH) average price target is $117.3 with a range of $92 to $140, implying a 35.29% from its last price of $86.7. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Ashland stock go up soon?
According to Wall Street analysts' prediction for ASH stock, the company can go up by 35.29% (from the last price of $86.7 to the average price target of $117.3), up by 61.48% based on the highest stock price target, and up by 6.11% based on the lowest stock price target.
Can Ashland stock reach $130?
ASH's highest twelve months analyst stock price target of $140 supports the claim that Ashland can reach $130 in the near future.
What are Ashland's analysts' financial forecasts?
Ashland's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $2.18B (high $2.25B, low $2.13B), average EBITDA is $503.11M (high $518.08M, low $489.92M), average net income is $294.12M (high $305.5M, low $284.1M), average SG&A $392.64M (high $404.32M, low $382.35M), and average EPS is $5.77 (high $5.99, low $5.57). ASH's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $2.25B (high $2.32B, low $2.19B), average EBITDA is $518.71M (high $534.14M, low $505.11M), average net income is $342.68M (high $355.94M, low $331.01M), average SG&A $404.82M (high $416.86M, low $394.21M), and average EPS is $6.72 (high $6.98, low $6.49).
Did the ASH's actual financial results beat the analysts' financial forecasts?
Based on Ashland's last annual report (Sep 2023), the company's revenue was $2.19B, which missed the average analysts forecast of $2.24B by -2.22%. Apple's EBITDA was $403M, missing the average prediction of $516.27M by -21.94%. The company's net income was $178M, missing the average estimation of $927.75M by -80.81%. Apple's SG&A was $365M, missing the average forecast of $379.17M by -3.74%. Lastly, the company's EPS was $3.47, missing the average prediction of $4.45 by -22.00%. In terms of the last quarterly report (Dec 2023), Ashland's revenue was $848M, beating the average analysts' forecast of $478.75M by 77.13%. The company's EBITDA was $-18M, missing the average prediction of $110.3M by -116.32%. Ashland's net income was $26M, beating the average estimation of $10.02M by 159.51%. The company's SG&A was $83M, missing the average forecast of $86.08M by -3.58%. Lastly, the company's EPS was $0.54, beating the average prediction of $0.196 by 174.88%