Ashland (ASH) Stock Forecast, Price Target & Predictions
ASH Stock Forecast
Ashland stock forecast is as follows: an average price target of $115.55 (represents a 49.19% upside from ASH’s last price of $77.45) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
ASH Price Target
The average price target for Ashland (ASH) is $115.55 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $140.00 to $92.00. This represents a potential 49.19% upside from ASH's last price of $77.45.
ASH Analyst Ratings
According to 7 Wall Street analysts, Ashland's rating consensus is 'Buy'. The analyst rating breakdown for ASH stock is 0 'Strong Buy' (0.00%), 6 'Buy' (85.71%), 1 'Hold' (14.29%), 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 |
|---|---|---|---|---|---|---|
| Sep 24, 2024 | David Begleiter | Deutsche Bank | $98.00 | $86.56 | 13.22% | 26.53% |
| Aug 09, 2024 | John McNulty | BMO Capital | $92.00 | $83.11 | 10.70% | 18.79% |
| Aug 07, 2024 | Chris Parkinson | Wolfe Research | $110.00 | $81.74 | 34.57% | 42.03% |
| May 17, 2024 | Bill Selesky | Argus Research | $118.00 | $99.90 | 18.12% | 52.36% |
| May 07, 2024 | John McNulty | BMO Capital | $105.00 | $97.34 | 7.87% | 35.57% |
| Apr 10, 2024 | Michael Sison | Wells Fargo | $112.00 | $94.41 | 18.63% | 44.61% |
| Mar 14, 2024 | Laurence Alexander | Jefferies | $126.00 | $95.34 | 32.15% | 62.69% |
| Feb 02, 2023 | - | Wells Fargo | $115.00 | $107.61 | 6.86% | 48.48% |
| Feb 02, 2023 | - | BMO Capital | $136.00 | $107.92 | 26.01% | 75.60% |
| Feb 02, 2023 | - | J.P. Morgan | $105.00 | $108.40 | -3.14% | 35.57% |
The latest Ashland stock forecast, released on Sep 24, 2024 by David Begleiter from Deutsche Bank, set a price target of $98.00, which represents a 13.22% increase from the stock price at the time of the forecast ($86.56), and a 26.53% increase from ASH last price ($77.45).
Ashland Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 7 |
| Avg Price Target | - | $98.00 | $108.71 |
| Last Closing Price | $77.45 | $77.45 | $77.45 |
| Upside/Downside | -100.00% | 26.53% | 40.36% |
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 $77.45. 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 |
|---|---|---|---|---|
| Sep 24, 2024 | Deutsche Bank | Buy | Buy | Hold |
| 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 |
Ashland's last stock rating was published by Deutsche Bank on Sep 24, 2024. The company gave ASH a "Buy" 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 | Jun 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 | $644.00M | $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 | $534.72M | $546.32M | $556.68M | $463.30M | $523.27M | $533.43M | $548.13M | $463.94M | $524.07M | $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 | $554.45M | $566.47M | $577.22M | $480.40M | $542.57M | $553.11M | $572.29M | $480.95M | $530.19M | $575.75M | $574.64M | $483.08M | $557.72M | $580.02M | $649.05M | $546.33M | $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 |
| Low Forecast | $511.01M | $522.09M | $532.00M | $442.76M | $500.06M | $509.78M | $523.97M | $446.92M | $517.95M | $573.08M | $574.64M | $470.31M | $484.58M | $534.58M | $598.20M | $503.53M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 4 | 8 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 | 7 | 9 | 8 | 6 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.77% | 0.98% | 0.98% | 0.96% | 1.00% | 1.01% | 1.03% | 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 $574.64M, and a high forecast of $574.64M. 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 | Jun 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 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 4 | 8 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 | 7 | 9 | 8 | 6 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $-18.00M | $46.00M | $120.00M | $143.00M | $95.00M | $138.00M | $137.00M | $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 | $123.20M | $125.87M | $128.26M | $106.74M | $120.56M | $122.90M | $126.29M | $106.89M | $120.74M | $132.34M | $132.39M | $110.30M | $121.78M | $128.88M | $144.22M | $122.87M | $144.41M | $144.03M | $136.30M | $118.80M | $144.35M | $145.20M | $142.33M | $124.33M | $136.86M | $131.63M | $-484.37M | $122.71M | $145.67M | $147.83M |
| High Forecast | $127.74M | $130.51M | $132.99M | $110.68M | $125.01M | $127.43M | $131.85M | $110.81M | $122.15M | $132.65M | $132.39M | $111.30M | $128.49M | $133.63M | $149.54M | $147.45M | $144.41M | $144.03M | $136.30M | $118.80M | $144.35M | $145.20M | $170.79M | $124.33M | $136.86M | $131.63M | $-387.50M | $122.71M | $145.67M | $147.83M |
| Low Forecast | $117.73M | $120.29M | $122.57M | $102.01M | $115.21M | $117.45M | $120.72M | $102.97M | $119.33M | $132.03M | $132.39M | $108.36M | $111.65M | $123.16M | $137.82M | $98.30M | $144.41M | $144.03M | $136.30M | $118.80M | $144.35M | $145.20M | $113.86M | $124.33M | $136.86M | $131.63M | $-581.24M | $122.71M | $145.67M | $147.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | -0.16% | 0.38% | 0.93% | 0.99% | 0.77% | 0.96% | 0.95% | 1.08% | 0.95% | 0.71% | 0.95% | 0.84% | 1.08% | 0.70% | 0.97% | 1.04% | 0.75% | 3.64% | 1.05% |
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 | Jun 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 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 4 | 8 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 | 7 | 9 | 8 | 6 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $26.00M | $-4.00M | $50.00M | $91.00M | $40.00M | $57.00M | $51.00M | $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 | $79.47M | $84.53M | $80.84M | $47.23M | $63.54M | $70.42M | $63.63M | $38.64M | $62.84M | $70.93M | $853.16M | $9.63M | $33.65M | $64.70M | $775.60M | $52.19M | $74.05M | $85.72M | $705.09M | $44.52M | $67.55M | $66.68M | $48.63M | $34.95M | $36.09M | $40.89M | $-560.44M | $3.69M | $48.68M | $39.12M |
| High Forecast | $83.28M | $88.58M | $84.72M | $49.50M | $66.58M | $73.80M | $67.04M | $42.62M | $64.30M | $73.51M | $1.02B | $15.13M | $43.32M | $67.80M | $930.72M | $62.63M | $74.05M | $85.72M | $846.11M | $44.52M | $69.57M | $66.68M | $58.35M | $34.95M | $36.09M | $40.89M | $-448.36M | $3.69M | $48.68M | $39.12M |
| Low Forecast | $74.89M | $79.65M | $76.18M | $44.51M | $59.87M | $66.36M | $60.21M | $32.66M | $61.38M | $68.35M | $682.53M | $-5.50M | $18.18M | $60.97M | $620.48M | $41.75M | $74.05M | $85.72M | $564.07M | $44.52M | $65.53M | $66.68M | $38.90M | $34.95M | $36.09M | $40.89M | $-672.53M | $3.69M | $48.68M | $39.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 2.70% | -0.12% | 0.77% | 0.12% | 0.77% | 0.77% | 0.59% | 0.05% | 0.72% | 0.65% | 1.20% | 0.84% | 1.60% | 0.14% | 0.90% | 1.04% | 8.67% | 8.44% | 1.69% |
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 | Jun 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 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 4 | 8 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 | 7 | 9 | 8 | 6 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $83.00M | $109.00M | $84.00M | $79.00M | $93.00M | $94.00M | $127.00M | $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 | $96.15M | $98.23M | $100.09M | $83.31M | $94.09M | $95.92M | $98.56M | $83.42M | $94.23M | $103.28M | $97.69M | $86.08M | $95.04M | $100.58M | $88.81M | $89.16M | $112.70M | $112.41M | $80.74M | $92.71M | $112.66M | $113.32M | $99.63M | $97.03M | $106.81M | $102.73M | $99.19M | $95.76M | $113.68M | $115.37M |
| High Forecast | $99.69M | $101.86M | $103.79M | $86.38M | $97.56M | $99.45M | $102.90M | $86.48M | $95.33M | $103.52M | $117.23M | $86.86M | $100.28M | $104.29M | $106.57M | $107.00M | $112.70M | $112.41M | $96.88M | $92.71M | $112.66M | $113.32M | $119.55M | $97.03M | $106.81M | $102.73M | $119.02M | $95.76M | $113.68M | $115.37M |
| Low Forecast | $91.88M | $93.88M | $95.66M | $79.61M | $89.92M | $91.66M | $94.21M | $80.36M | $93.13M | $103.04M | $78.15M | $84.56M | $87.13M | $96.12M | $71.05M | $71.33M | $112.70M | $112.41M | $64.59M | $92.71M | $112.66M | $113.32M | $79.70M | $97.03M | $106.81M | $102.73M | $79.35M | $95.76M | $113.68M | $115.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.15% | 0.84% | 0.89% | 1.04% | 0.83% | 1.13% | 1.11% | 0.88% | 0.61% | 0.86% | 0.84% | 1.09% | 1.02% | 1.10% | 1.04% | 1.03% | 0.97% | 1.30% |
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 | Jun 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 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | 4 | 8 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 7 | 7 | 9 | 8 | 6 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.54 | $-0.08 | $0.96 | $1.68 | $0.74 | $1.06 | $0.94 | $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 | $1.62 | $1.73 | $1.65 | $0.96 | $1.30 | $1.44 | $1.30 | $0.79 | $1.28 | $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 | $1.70 | $1.81 | $1.73 | $1.01 | $1.36 | $1.51 | $1.37 | $0.87 | $1.31 | $1.50 | $1.14 | $0.31 | $0.88 | $1.38 | $1.48 | $1.02 | $1.45 | $1.68 | $1.40 | $0.87 | $1.36 | $1.31 | $1.33 | $0.69 | $0.71 | $0.80 | $0.83 | $0.07 | $0.95 | $0.77 |
| Low Forecast | $1.53 | $1.63 | $1.55 | $0.91 | $1.22 | $1.35 | $1.23 | $0.67 | $1.25 | $1.39 | $1.14 | $-0.11 | $0.37 | $1.24 | $1.45 | $0.92 | $1.45 | $1.68 | $1.35 | $0.87 | $1.28 | $1.31 | $1.33 | $0.69 | $0.71 | $0.80 | $0.83 | $0.07 | $0.95 | $0.77 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 2.75% | -0.11% | 0.73% | 1.15% | 0.76% | 0.73% | 0.56% | 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 $1.14 and a high estimate of $1.14. 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 |
|---|---|---|---|---|---|
| AVTR | Avantor | $21.58 | $34.29 | 58.90% | Buy |
| ASH | Ashland | $77.45 | $115.55 | 49.19% | Buy |
| ESI | Element Solutions | $28.51 | $35.88 | 25.85% | Buy |
| FUL | H.B. Fuller Company | $76.08 | $85.60 | 12.51% | Buy |
| KWR | Quaker Chemical | $171.63 | $192.50 | 12.16% | Buy |
| MTX | Minerals | $81.69 | $90.00 | 10.17% | Buy |
| SXT | Sensient | $79.16 | $85.00 | 7.38% | - |
| BCPC | Balchem | $177.59 | $190.00 | 6.99% | Buy |
| AXTA | Axalta Coating Systems | $40.60 | $38.25 | -5.79% | Buy |