Eastman Chemical Company (EMN) Stock Forecast, Price Target & Predictions


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EMN Stock Forecast


Eastman Chemical Company stock forecast is as follows: an average price target of $110.41 (represents a 7.09% upside from EMN’s last price of $103.10) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

EMN Price Target


The average price target for Eastman Chemical Company (EMN) is $110.41 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $150.00 to $84.00. This represents a potential 7.09% upside from EMN's last price of $103.10.

EMN Analyst Ratings


Buy

According to 14 Wall Street analysts, Eastman Chemical Company's rating consensus is 'Buy'. The analyst rating breakdown for EMN stock is 0 'Strong Buy' (0.00%), 8 'Buy' (57.14%), 5 'Hold' (35.71%), 1 'Sell' (7.14%), and 0 'Strong Sell' (0.00%).

Eastman Chemical Company Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 29, 2024David BegleiterDeutsche Bank$108.00$100.737.22%4.75%
May 23, 2024Joshua SpectorUBS$128.00$99.4228.75%24.15%
Apr 30, 2024Charles NeivertPiper Sandler$105.00$94.4411.18%1.84%
Apr 29, 2024Lawrence AlexanderJefferies$125.00$97.5028.21%21.24%
Apr 19, 2024Arun ViswanathanRBC Capital$100.00$96.024.14%-3.01%
Mar 26, 2024Lawrence AlexanderJefferies$102.00$99.262.76%-1.07%
Aug 31, 2023Vincent AndrewsMorgan Stanley$115.00$85.4134.64%11.54%
May 12, 2023Ben IsaacsonScotiabank$90.00$79.0313.88%-12.71%
May 02, 2023Kieran de BrunMizuho Securities$84.00$80.284.63%-18.53%
Apr 11, 2023Charles NeivertPiper Sandler$99.00$82.4120.13%-3.98%
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The latest Eastman Chemical Company stock forecast, released on Jul 29, 2024 by David Begleiter from Deutsche Bank, set a price target of $108.00, which represents a 7.22% increase from the stock price at the time of the forecast ($100.73), and a 4.75% increase from EMN last price ($103.10).

Eastman Chemical Company Price Target by Period


1M3M12M
# Anlaysts-16
Avg Price Target-$108.00$111.33
Last Closing Price$103.10$103.10$103.10
Upside/Downside-100.00%4.75%7.98%

In the current month, the average price target of Eastman Chemical Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Eastman Chemical Company's last price of $103.10. 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


DateCompanyPrevious RatingNew RatingRating Change
Jul 29, 2024Deutsche BankHoldHoldHold
Jul 29, 2024BarclaysEqual-WeightEqual-WeightHold
May 06, 2024BarclaysEqual-WeightEqual-WeightHold
Apr 30, 2024Piper SandlerNeutralNeutralHold
Apr 29, 2024Bank of America SecuritiesBuyBuyHold
Apr 19, 2024RBC CapitalSector PerformSector PerformHold
Apr 09, 2024KeyBancOverweightOverweightHold
Apr 02, 2024Goldman SachsSellSellHold
Apr 02, 2024CitigroupBuyBuyHold
Mar 26, 2024JefferiesHoldHoldHold
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Eastman Chemical Company's last stock rating was published by Deutsche Bank on Jul 29, 2024. The company gave EMN a "Hold" rating, the same as its previous rate.

Eastman Chemical Company Financial Forecast


Eastman Chemical Company Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$4.05B$2.32B$2.41B$2.37B$2.71B$2.78B$2.71B$2.69B$2.72B$2.65B$2.41B$2.19B$2.12B$1.92B$2.24B$2.21B$2.33B
Avg Forecast$2.40B$2.40B$2.39B$2.39B$2.46B$2.54B$2.49B$2.41B$2.28B$2.38B$2.36B$2.29B$2.21B$2.34B$2.59B$2.43B$2.43B$2.58B$2.77B$2.50B$2.38B$2.60B$2.40B$2.33B$2.16B$2.08B$1.83B$2.26B$2.20B$2.38B
High Forecast$2.45B$2.44B$2.44B$2.43B$2.50B$2.59B$2.53B$2.46B$2.32B$2.40B$2.40B$2.33B$2.32B$2.59B$2.63B$2.48B$2.48B$2.62B$2.80B$2.53B$2.41B$2.64B$2.43B$2.36B$2.19B$2.11B$1.85B$2.29B$2.23B$2.41B
Low Forecast$2.36B$2.36B$2.35B$2.35B$2.41B$2.50B$2.45B$2.37B$2.24B$2.37B$2.32B$2.25B$2.09B$2.02B$2.54B$2.39B$2.39B$2.53B$2.74B$2.47B$2.35B$2.58B$2.38B$2.30B$2.13B$2.06B$1.81B$2.23B$2.18B$2.36B
# Analysts64464374497471366555111211109933322
Surprise %-------------1.73%0.90%0.99%0.97%1.05%1.01%1.09%1.13%1.04%1.10%1.03%1.01%1.02%1.05%0.99%1.00%0.98%

Eastman Chemical Company's average Quarter revenue forecast for Dec 23 based on 7 analysts is $2.21B, with a low forecast of $2.09B, and a high forecast of $2.32B. EMN's average Quarter revenue forecast represents a -45.48% decrease compared to the company's last Quarter revenue of $4.05B (Sep 23).

Eastman Chemical Company EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts64464374497471366555111211109933322
EBITDA-------------$264.00M$442.00M$409.00M$272.00M$446.00M$560.00M$453.00M$697.00M$495.00M$82.00M$536.00M$220.00M$389.00M$192.00M$506.00M$211.00M$518.00M
Avg Forecast$456.68M$455.84M$455.01M$454.18M$466.71M$483.51M$472.95M$458.75M$433.85M$451.54M$447.96M$564.89M$419.55M$443.81M$491.76M$513.53M$462.42M$544.50M$525.96M$466.85M$451.68M$494.74M$456.48M$512.35M$409.97M$394.90M$347.88M$411.31M$418.80M$452.74M
High Forecast$464.63M$463.78M$462.93M$462.08M$474.83M$491.93M$481.18M$466.74M$441.41M$455.30M$455.76M$677.86M$440.81M$491.38M$500.33M$616.24M$470.47M$653.40M$532.72M$560.22M$457.49M$501.09M$462.35M$614.82M$415.23M$399.97M$352.35M$493.57M$424.18M$458.55M
Low Forecast$448.58M$447.76M$446.94M$446.12M$458.43M$474.94M$464.56M$450.61M$426.16M$449.66M$440.02M$451.91M$396.35M$384.48M$483.04M$410.83M$454.22M$435.60M$520.22M$373.48M$446.75M$489.33M$451.50M$409.88M$405.49M$390.59M$344.08M$329.05M$414.23M$447.79M
Surprise %-------------0.59%0.90%0.80%0.59%0.82%1.06%0.97%1.54%1.00%0.18%1.05%0.54%0.99%0.55%1.23%0.50%1.14%

7 analysts predict EMN's average Quarter EBITDA for Dec 23 to be $419.55M, with a high of $440.81M and a low of $396.35M. This is 58.92% upper than Eastman Chemical Company's previous annual EBITDA (Sep 23) of $264.00M.

Eastman Chemical Company Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts64464374497471366555111211109933322
Net Income-------------$178.00M$272.00M$134.00M$2.00M$301.00M$256.00M$235.00M$380.00M$351.00M$-146.00M$274.00M$32.00M$161.00M$27.00M$258.00M$26.00M$266.00M
Avg Forecast$301.19M$331.29M$350.41M$309.00M$250.52M$278.95M$278.08M$245.40M$212.69M$252.86M$238.68M$292.40M$153.68M$171.22M$229.37M$265.82M$148.82M$386.10M$317.77M$241.65M$221.88M$291.80M$276.12M$261.91M$178.86M$162.30M$124.47M$209.72M$157.79M$238.36M
High Forecast$308.01M$338.79M$358.34M$316.00M$256.19M$285.26M$284.37M$250.96M$217.50M$256.44M$244.08M$350.88M$159.69M$186.57M$234.56M$318.98M$152.19M$463.32M$323.08M$289.98M$225.59M$296.67M$280.73M$314.29M$181.84M$165.02M$126.55M$251.66M$160.42M$242.34M
Low Forecast$294.25M$323.65M$342.33M$301.88M$244.74M$272.51M$271.66M$239.75M$207.78M$244.51M$233.18M$233.92M$145.28M$155.87M$224.08M$212.65M$145.39M$308.88M$313.26M$193.32M$218.73M$287.66M$272.20M$209.53M$176.32M$160.00M$122.70M$167.78M$155.55M$234.98M
Surprise %-------------1.04%1.19%0.50%0.01%0.78%0.81%0.97%1.71%1.20%-0.53%1.05%0.18%0.99%0.22%1.23%0.16%1.12%

Eastman Chemical Company's average Quarter net income forecast for Dec 23 is $153.68M, with a range of $145.28M to $159.69M. EMN's average Quarter net income forecast represents a -13.66% decrease compared to the company's last Quarter net income of $178.00M (Sep 23).

Eastman Chemical Company SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts64464374497471366555111211109933322
SG&A-------------$160.00M$185.00M$191.00M$172.00M$173.00M$185.00M$196.00M$208.00M$201.00M$202.00M$184.00M$174.00M$165.00M$155.00M$160.00M$176.00M$163.00M
Avg Forecast$180.39M$180.06M$179.73M$179.40M$184.35M$190.99M$186.82M$181.21M$171.38M$178.36M$176.95M$243.87M$165.73M$175.31M$194.25M$221.70M$182.66M$221.10M$207.76M$201.55M$178.42M$195.43M$180.32M$175.88M$161.94M$155.99M$137.42M$130.06M$165.43M$178.84M
High Forecast$183.53M$183.20M$182.86M$182.53M$187.56M$194.32M$190.07M$184.37M$174.36M$179.85M$180.03M$292.65M$174.13M$194.10M$197.63M$266.04M$185.84M$265.32M$210.43M$241.86M$180.71M$197.94M$182.63M$211.06M$164.02M$157.99M$139.18M$156.07M$167.56M$181.13M
Low Forecast$177.19M$176.87M$176.55M$176.22M$181.09M$187.61M$183.51M$178.00M$168.34M$177.62M$173.81M$195.10M$156.56M$151.88M$190.81M$177.36M$179.42M$176.88M$205.49M$161.24M$176.47M$193.29M$178.35M$140.71M$160.17M$154.29M$135.92M$104.05M$163.62M$176.88M
Surprise %-------------0.91%0.95%0.86%0.94%0.78%0.89%0.97%1.17%1.03%1.12%1.05%1.07%1.06%1.13%1.23%1.06%0.91%

Eastman Chemical Company's average Quarter SG&A projection for Dec 23 is $165.73M, based on 7 Wall Street analysts, with a range of $156.56M to $174.13M. The forecast indicates a 3.58% rise compared to EMN last annual SG&A of $160.00M (Sep 23).

Eastman Chemical Company EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts64464374497471366555111211109933322
EPS-------------$1.50$2.28$1.13$0.02$2.48$2.05$1.82$2.87$2.60$-1.07$2.01$0.23$1.19$0.20$1.90$0.19$1.95
Avg Forecast$2.54$2.79$2.95$2.61$2.11$2.35$2.34$2.07$1.79$2.13$2.01$1.43$1.30$1.44$1.93$1.25$1.25$2.03$2.68$2.11$1.87$2.46$2.33$2.04$1.51$1.37$1.05$1.71$1.33$2.01
High Forecast$2.60$2.86$3.02$2.66$2.16$2.41$2.40$2.12$1.83$2.16$2.06$1.47$1.35$1.57$1.98$1.28$1.28$2.08$2.72$2.15$1.90$2.50$2.37$2.07$1.53$1.39$1.07$1.74$1.35$2.04
Low Forecast$2.48$2.73$2.89$2.55$2.06$2.30$2.29$2.02$1.75$2.06$1.97$1.40$1.22$1.31$1.89$1.22$1.23$1.98$2.64$2.08$1.84$2.43$2.30$2.01$1.49$1.35$1.03$1.69$1.31$1.98
Surprise %-------------1.04%1.18%0.90%0.01%1.22%0.77%0.86%1.53%1.06%-0.46%0.99%0.15%0.87%0.19%1.11%0.14%0.97%

According to 7 Wall Street analysts, Eastman Chemical Company's projected average Quarter EPS for Dec 23 is $1.30, with a low estimate of $1.22 and a high estimate of $1.35. This represents a -13.61% decrease compared to EMN previous annual EPS of $1.50 (Sep 23).

Eastman Chemical Company Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ASHAshland$86.70$117.3035.29%Buy
PPGPPG Industries$126.98$162.4127.90%Buy
MTXMinerals$72.81$90.0023.61%Buy
KWRQuaker Chemical$164.69$197.5019.92%Buy
DDDuPont de Nemours$81.42$93.2914.58%Buy
SXTSensient$75.53$85.0012.54%-
LYBLyondellBasell Industries$93.18$102.479.97%Buy
EMNEastman Chemical Company$103.10$110.417.09%Buy
FULH.B. Fuller Company$80.78$85.605.97%Buy
APDAir Products and Chemicals$284.13$300.085.61%Hold
IFFInternational Flavors & Fragrances$103.59$108.234.48%Buy
RPMRPM$121.34$121.780.36%Hold
ESIElement Solutions$25.62$25.60-0.08%Buy
ECLEcolab$250.54$240.72-3.92%Buy
SHWSherwin-Williams Company$375.40$340.79-9.22%Buy
LINLinde$468.81$424.58-9.43%Buy

EMN Forecast FAQ


Yes, according to 14 Wall Street analysts, Eastman Chemical Company (EMN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 57.14% of EMN's total ratings.

Eastman Chemical Company (EMN) average price target is $110.41 with a range of $84 to $150, implying a 7.09% from its last price of $103.1. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for EMN stock, the company can go up by 7.09% (from the last price of $103.1 to the average price target of $110.41), up by 45.49% based on the highest stock price target, and down by -18.53% based on the lowest stock price target.

EMN's average twelve months analyst stock price target of $110.41 does not support the claim that Eastman Chemical Company can reach $200 in the near future.

Eastman Chemical Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $9.91B (high $10.08B, low $9.73B), average EBITDA is $1.88B (high $1.91B, low $1.85B), average net income is $1.05B (high $1.08B, low $1.03B), average SG&A $743.38M (high $756.32M, low $730.2M), and average EPS is $8.88 (high $9.08, low $8.67). EMN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $9.59B (high $9.76B, low $9.42B), average EBITDA is $1.82B (high $1.85B, low $1.79B), average net income is $1.29B (high $1.32B, low $1.26B), average SG&A $719.6M (high $732.13M, low $706.83M), and average EPS is $10.89 (high $11.14, low $10.64).

Based on Eastman Chemical Company's last annual report (Dec 2023), the company's revenue was $16.36B, beating the average analysts forecast of $9.57B by 71.03%. Apple's EBITDA was $1.1B, missing the average prediction of $1.87B by -41.40%. The company's net income was $894M, beating the average estimation of $820.09M by 9.01%. Apple's SG&A was $727M, missing the average forecast of $756.99M by -3.96%. Lastly, the company's EPS was $7.54, beating the average prediction of $5.92 by 27.29%. In terms of the last quarterly report (Sep 2023), Eastman Chemical Company's revenue was $4.05B, beating the average analysts' forecast of $2.34B by 73.38%. The company's EBITDA was $264M, missing the average prediction of $443.81M by -40.52%. Eastman Chemical Company's net income was $178M, beating the average estimation of $171.22M by 3.96%. The company's SG&A was $160M, missing the average forecast of $175.31M by -8.73%. Lastly, the company's EPS was $1.5, beating the average prediction of $1.44 by 3.90%