Westlake (WLK) Stock Forecast, Price Target & Predictions
WLK Stock Forecast
Westlake stock forecast is as follows: an average price target of $158.64 (represents a 14.19% upside from WLK’s last price of $138.93) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.
WLK Price Target
The average price target for Westlake (WLK) is $158.64 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $180.00 to $104.00. This represents a potential 14.19% upside from WLK's last price of $138.93.
WLK Analyst Ratings
According to 11 Wall Street analysts, Westlake's rating consensus is 'Hold'. The analyst rating breakdown for WLK stock is 0 'Strong Buy' (0.00%), 3 'Buy' (27.27%), 8 'Hold' (72.73%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Westlake Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 05, 2024 | Charles Neivert | Piper Sandler | $170.00 | $137.56 | 23.58% | 22.36% |
| Aug 26, 2024 | Duffy Fischer | Goldman Sachs | $162.00 | $150.97 | 7.31% | 16.61% |
| Aug 23, 2024 | Arun Viswanathan | RBC Capital | $174.00 | $144.58 | 20.35% | 25.24% |
| Aug 13, 2024 | John McNulty | BMO Capital | $171.00 | $142.62 | 19.90% | 23.08% |
| Aug 06, 2024 | Pat Cunningham | Citigroup | $154.00 | $146.53 | 5.10% | 10.85% |
| Jul 09, 2024 | Joshua Spector | UBS | $160.00 | $142.29 | 12.45% | 15.17% |
| Jun 17, 2024 | John McNulty | BMO Capital | $167.00 | $150.37 | 11.06% | 20.20% |
| Jun 17, 2024 | Michael Leithead | Barclays | $162.00 | $149.83 | 8.12% | 16.61% |
| Jun 14, 2024 | Arun Viswanathan | RBC Capital | $158.00 | $149.84 | 5.45% | 13.73% |
| May 07, 2024 | Charles Neivert | Piper Sandler | $180.00 | $156.47 | 15.04% | 29.56% |
The latest Westlake stock forecast, released on Sep 05, 2024 by Charles Neivert from Piper Sandler, set a price target of $170.00, which represents a 23.58% increase from the stock price at the time of the forecast ($137.56), and a 22.36% increase from WLK last price ($138.93).
Westlake Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 8 | 13 |
| Avg Price Target | $168.67 | $165.00 | $166.54 |
| Last Closing Price | $138.93 | $138.93 | $138.93 |
| Upside/Downside | 21.41% | 18.76% | 19.87% |
In the current month, the average price target of Westlake stock is $168.67, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 21.41% increase as opposed to Westlake's last price of $138.93. This month's average price target is up 2.22% compared to last quarter, and up 1.28% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 05, 2024 | UBS | Market Perform | Market Perform | Hold |
| Sep 05, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 26, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Aug 23, 2024 | RBC Capital | Sector Perform | Outperform | Upgrade |
| Aug 13, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Aug 06, 2024 | Citigroup | Neutral | Neutral | Hold |
| Jul 09, 2024 | UBS | Neutral | Neutral | Hold |
| Jun 17, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Jun 17, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 14, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
Westlake's last stock rating was published by UBS on Sep 05, 2024. The company gave WLK a "Market Perform" rating, the same as its previous rate.
Westlake Financial Forecast
Westlake Revenue Forecast
| Dec 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.12B | $3.25B | $3.36B | $3.30B | $3.96B | - | $4.06B | $3.51B | $3.06B | $2.86B | $2.36B | $1.97B | $1.90B | $1.71B | $1.93B | $1.88B | $2.07B |
| Avg Forecast | $3.41B | $3.69B | $3.71B | $3.45B | $3.27B | $3.49B | $3.46B | $3.24B | $3.04B | $3.31B | $3.22B | $2.93B | $2.86B | $3.24B | $3.50B | $3.39B | $3.37B | $3.99B | $4.27B | $3.52B | $3.01B | $2.79B | $2.61B | $2.07B | $1.97B | $1.89B | $1.66B | $1.91B | $1.92B | $2.16B |
| High Forecast | $3.60B | $3.90B | $3.91B | $3.65B | $3.45B | $3.69B | $3.65B | $3.43B | $3.21B | $3.40B | $3.40B | $3.10B | $3.09B | $3.44B | $3.70B | $3.58B | $3.56B | $4.21B | $4.27B | $3.65B | $3.12B | $2.89B | $2.71B | $2.14B | $2.04B | $1.96B | $1.72B | $1.97B | $1.99B | $2.24B |
| Low Forecast | $3.18B | $3.44B | $3.45B | $3.22B | $3.04B | $3.26B | $3.22B | $3.02B | $2.84B | $3.26B | $3.00B | $2.73B | $2.75B | $2.97B | $3.27B | $3.16B | $3.15B | $3.72B | $4.27B | $3.41B | $2.92B | $2.70B | $2.53B | $2.00B | $1.91B | $1.83B | $1.61B | $1.85B | $1.86B | $2.09B |
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.93% | 0.99% | 0.98% | 0.99% | - | 1.15% | 1.16% | 1.09% | 1.09% | 1.14% | 1.00% | 1.00% | 1.03% | 1.01% | 0.98% | 0.96% |
Westlake's average Quarter revenue forecast for Dec 23 based on 6 analysts is $2.86B, with a low forecast of $2.75B, and a high forecast of $3.09B. WLK's average Quarter revenue forecast represents a -8.27% decrease compared to the company's last Quarter revenue of $3.12B (Sep 23).
Westlake EBITDA Forecast
| Dec 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $349.00M | $396.00M | $828.00M | $388.00M | $810.00M | - | $1.31B | $1.11B | $1.06B | $918.00M | $542.00M | $386.03M | $275.00M | $227.00M | $325.00M | $283.00M | $417.00M |
| Avg Forecast | $760.59M | $823.45M | $827.28M | $771.14M | $729.17M | $779.77M | $771.54M | $724.15M | $679.29M | $738.52M | $718.26M | $1.16B | $637.94M | $722.50M | $782.32M | $1.05B | $753.41M | $971.93M | $953.10M | $957.14M | $992.43M | $883.57M | $860.02M | $425.86M | $312.00M | $167.39M | $370.93M | $279.39M | $401.08M | $327.93M |
| High Forecast | $803.41M | $869.81M | $873.85M | $814.55M | $770.22M | $823.67M | $814.98M | $764.92M | $717.53M | $758.79M | $758.69M | $1.39B | $689.42M | $767.68M | $826.36M | $1.26B | $795.83M | $1.17B | $953.10M | $1.15B | $1.19B | $1.06B | $1.03B | $511.03M | $374.40M | $200.87M | $384.04M | $335.26M | $481.30M | $393.52M |
| Low Forecast | $709.14M | $767.74M | $771.31M | $718.97M | $679.84M | $727.02M | $719.35M | $675.16M | $633.33M | $727.27M | $669.67M | $926.51M | $613.32M | $663.63M | $729.40M | $842.28M | $702.44M | $777.54M | $953.10M | $765.71M | $793.94M | $706.86M | $688.02M | $340.69M | $249.60M | $133.91M | $359.40M | $223.51M | $320.86M | $262.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.48% | 0.51% | 0.79% | 0.51% | 0.83% | - | 1.37% | 1.12% | 1.20% | 1.07% | 1.27% | 1.24% | 1.64% | 0.61% | 1.16% | 0.71% | 1.27% |
6 analysts predict WLK's average Quarter EBITDA for Dec 23 to be $637.94M, with a high of $689.42M and a low of $613.32M. This is 82.79% upper than Westlake's previous annual EBITDA (Sep 23) of $349.00M.
Westlake Net Income Forecast
| Dec 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $285.00M | $297.00M | $394.00M | $232.00M | $401.00M | - | $756.00M | $661.00M | $607.00M | $522.00M | $242.00M | $156.00M | $57.00M | $15.00M | $145.00M | $72.00M | $158.00M |
| Avg Forecast | $287.75M | $375.95M | $387.49M | $302.76M | $223.99M | $313.56M | $327.27M | $236.54M | $200.58M | $299.92M | $256.95M | $677.67M | $117.20M | $254.55M | $377.22M | $616.07M | $294.83M | $554.47M | $784.59M | $560.06M | $573.72M | $504.07M | $489.03M | $190.14M | $126.08M | $34.70M | $-175.97K | $124.65M | $102.04M | $124.25M |
| High Forecast | $308.81M | $403.46M | $415.85M | $324.92M | $240.39M | $336.51M | $351.22M | $253.86M | $215.26M | $352.08M | $275.75M | $813.21M | $154.83M | $310.11M | $404.82M | $739.28M | $316.40M | $665.37M | $784.59M | $672.07M | $688.46M | $604.88M | $586.84M | $228.17M | $151.30M | $41.63M | $-168.86K | $149.58M | $122.45M | $149.10M |
| Low Forecast | $262.45M | $342.89M | $353.41M | $276.14M | $204.29M | $285.98M | $298.48M | $215.74M | $182.94M | $226.02M | $234.35M | $542.14M | $95.50M | $158.93M | $344.04M | $492.85M | $268.90M | $443.58M | $784.59M | $448.05M | $458.98M | $403.25M | $391.23M | $152.11M | $100.87M | $27.76M | $-184.06K | $99.72M | $81.63M | $99.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 0.79% | 0.64% | 0.79% | 0.72% | - | 1.35% | 1.15% | 1.20% | 1.07% | 1.27% | 1.24% | 1.64% | -85.24% | 1.16% | 0.71% | 1.27% |
Westlake's average Quarter net income forecast for Dec 23 is $117.20M, with a range of $95.50M to $154.83M. WLK's average Quarter net income forecast represents a -58.88% decrease compared to the company's last Quarter net income of $285.00M (Sep 23).
Westlake SG&A Forecast
| Dec 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $206.00M | $213.00M | $222.00M | $200.00M | $215.00M | - | $200.00M | $168.00M | $122.00M | $125.00M | $136.00M | $117.00M | $108.00M | $104.00M | $120.00M | $115.00M | $110.00M |
| Avg Forecast | $194.07M | $210.11M | $211.08M | $196.76M | $186.05M | $198.96M | $196.86M | $184.77M | $173.32M | $188.44M | $183.27M | $179.28M | $162.77M | $184.35M | $199.61M | $162.98M | $192.23M | $111.44M | $243.19M | $148.16M | $149.67M | $101.31M | $117.11M | $106.86M | $94.56M | $65.74M | $94.64M | $103.16M | $162.98M | $86.50M |
| High Forecast | $204.99M | $221.93M | $222.97M | $207.84M | $196.52M | $210.16M | $207.94M | $195.17M | $183.08M | $193.61M | $193.58M | $215.13M | $175.91M | $195.88M | $210.85M | $195.58M | $203.06M | $133.73M | $243.19M | $177.80M | $179.60M | $121.57M | $140.53M | $128.23M | $113.47M | $78.89M | $97.99M | $123.79M | $195.58M | $103.81M |
| Low Forecast | $180.94M | $195.89M | $196.80M | $183.45M | $173.46M | $185.50M | $183.54M | $172.27M | $161.60M | $185.56M | $170.87M | $143.42M | $156.49M | $169.33M | $186.11M | $130.38M | $179.23M | $89.15M | $243.19M | $118.53M | $119.73M | $81.05M | $93.68M | $85.49M | $75.65M | $52.59M | $91.70M | $82.53M | $130.39M | $69.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.07% | 1.36% | 1.04% | 1.93% | - | 1.35% | 1.12% | 1.20% | 1.07% | 1.27% | 1.24% | 1.64% | 1.10% | 1.16% | 0.71% | 1.27% |
Westlake's average Quarter SG&A projection for Dec 23 is $162.77M, based on 6 Wall Street analysts, with a range of $156.49M to $175.91M. The forecast indicates a -20.98% fall compared to WLK last annual SG&A of $206.00M (Sep 23).
Westlake EPS Forecast
| Dec 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 3 | 6 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.23 | $2.33 | $3.07 | $1.80 | $3.12 | - | $5.87 | $5.17 | $4.71 | $4.06 | $1.88 | $0.87 | $0.45 | $0.11 | $1.13 | $0.56 | $1.22 |
| Avg Forecast | $2.22 | $2.91 | $3.00 | $2.34 | $1.73 | $2.42 | $2.53 | $1.83 | $1.55 | $2.32 | $1.99 | $1.03 | $0.91 | $1.97 | $2.92 | $2.14 | $2.28 | $4.35 | $6.08 | $4.77 | $4.53 | $3.96 | $3.52 | $1.54 | $0.74 | $0.47 | $-0.00 | $0.57 | $0.86 | $1.02 |
| High Forecast | $2.39 | $3.12 | $3.21 | $2.51 | $1.86 | $2.60 | $2.72 | $1.96 | $1.66 | $2.72 | $2.13 | $1.11 | $1.20 | $2.40 | $3.13 | $2.30 | $2.45 | $4.67 | $6.08 | $4.98 | $4.73 | $4.14 | $3.68 | $1.62 | $0.78 | $0.49 | $-0.00 | $0.60 | $0.90 | $1.07 |
| Low Forecast | $2.03 | $2.65 | $2.73 | $2.13 | $1.58 | $2.21 | $2.31 | $1.67 | $1.41 | $1.75 | $1.81 | $0.94 | $0.74 | $1.23 | $2.66 | $1.96 | $2.08 | $3.97 | $6.08 | $4.57 | $4.34 | $3.80 | $3.38 | $1.48 | $0.71 | $0.45 | $-0.00 | $0.55 | $0.83 | $0.98 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 0.80% | 1.43% | 0.79% | 0.72% | - | 1.23% | 1.14% | 1.19% | 1.15% | 1.22% | 1.17% | 0.96% | -80.12% | 1.97% | 0.65% | 1.20% |
According to 6 Wall Street analysts, Westlake's projected average Quarter EPS for Dec 23 is $0.91, with a low estimate of $0.74 and a high estimate of $1.20. This represents a -59.37% decrease compared to WLK previous annual EPS of $2.23 (Sep 23).
Westlake Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MTX | Minerals | $72.81 | $90.00 | 23.61% | Buy |
| KWR | Quaker Chemical | $164.69 | $197.50 | 19.92% | Buy |
| WLK | Westlake | $138.93 | $158.64 | 14.19% | Hold |
| 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 |
| CBT | Cabot | $104.75 | $99.50 | -5.01% | Hold |
| AVNT | Avient | $47.12 | $44.67 | -5.20% | Buy |
WLK Forecast FAQ
Is Westlake a good buy?
No, according to 11 Wall Street analysts, Westlake (WLK) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 27.27% of WLK's total ratings.
What is WLK's price target?
Westlake (WLK) average price target is $158.64 with a range of $104 to $180, implying a 14.19% from its last price of $138.93. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Westlake stock go up soon?
According to Wall Street analysts' prediction for WLK stock, the company can go up by 14.19% (from the last price of $138.93 to the average price target of $158.64), up by 29.56% based on the highest stock price target, and down by -25.14% based on the lowest stock price target.
Can Westlake stock reach $200?
WLK's average twelve months analyst stock price target of $158.64 does not support the claim that Westlake can reach $200 in the near future.
What is Westlake's current price target trend?
3 Wall Street analysts forecast a $168.67 price target for Westlake (WLK) this month, up 21.41% from its last price of $138.93. Compared to the last 3 and 12 months, the average price target increased by 18.76% and increased by 19.87%, respectively.
What are Westlake's analysts' financial forecasts?
Westlake's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $13.46B (high $14.22B, low $12.55B), average EBITDA is $3B (high $3.17B, low $2.8B), average net income is $1.1B (high $1.18B, low $1B), average SG&A $766.64M (high $809.8M, low $714.78M), and average EPS is $8.51 (high $9.14, low $7.77). WLK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $14.25B (high $15.06B, low $13.29B), average EBITDA is $3.18B (high $3.36B, low $2.97B), average net income is $1.35B (high $1.45B, low $1.23B), average SG&A $812.01M (high $857.73M, low $757.08M), and average EPS is $10.47 (high $11.23, low $9.55).
Did the WLK's actual financial results beat the analysts' financial forecasts?
Based on Westlake's last annual report (Dec 2022), the company's revenue was $15.79B, beating the average analysts forecast of $15.15B by 4.23%. Apple's EBITDA was $4.21B, beating the average prediction of $3.64B by 15.85%. The company's net income was $2.25B, beating the average estimation of $2.19B by 2.42%. Apple's SG&A was $835M, beating the average forecast of $695.03M by 20.14%. Lastly, the company's EPS was $17.46, missing the average prediction of $17.48 by -0.10%. In terms of the last quarterly report (Sep 2023), Westlake's revenue was $3.12B, missing the average analysts' forecast of $3.24B by -3.74%. The company's EBITDA was $349M, missing the average prediction of $722.5M by -51.70%. Westlake's net income was $285M, beating the average estimation of $254.55M by 11.96%. The company's SG&A was $206M, beating the average forecast of $184.35M by 11.75%. Lastly, the company's EPS was $2.23, beating the average prediction of $1.97 by 13.32%