Westlake Chemical Partners LP (WLKP) Stock Forecast, Price Target & Predictions
WLKP Stock Forecast
Westlake Chemical Partners LP stock forecast is as follows: an average price target of $29.00 (represents a 30.87% upside from WLKP’s last price of $22.16) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
WLKP Price Target
The average price target for Westlake Chemical Partners LP (WLKP) is $29.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $29.00 to $29.00. This represents a potential 30.87% upside from WLKP's last price of $22.16.
WLKP Analyst Ratings
According to 1 Wall Street analysts, Westlake Chemical Partners LP's rating consensus is 'Buy'. The analyst rating breakdown for WLKP stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Westlake Chemical Partners LP Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 18, 2022 | - | Deutsche Bank | $29.00 | $22.30 | 30.04% | 30.87% |
| May 16, 2022 | - | Deutsche Bank | $30.00 | $26.74 | 12.19% | 35.38% |
The latest Westlake Chemical Partners LP stock forecast, released on Nov 18, 2022 by Deutsche Bank company, set a price target of $29.00, which represents a 30.04% increase from the stock price at the time of the forecast ($22.30), and a 30.87% increase from WLKP last price ($22.16).
Westlake Chemical Partners LP Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $22.16 | $22.16 | $22.16 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Westlake Chemical Partners LP stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Westlake Chemical Partners LP's last price of $22.16. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 07, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Nov 18, 2022 | Deutsche Bank | Buy | Buy | Hold |
| May 16, 2022 | Deutsche Bank | Buy | Buy | Hold |
Westlake Chemical Partners LP's last stock rating was published by Bank of America Securities on May 07, 2024. The company gave WLKP a "Underperform" rating, the same as its previous rate.
Westlake Chemical Partners LP Financial Forecast
Westlake Chemical Partners LP 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 | - | - | - | - | - | - | - | - | - | - | - | - | $297.27M | $321.66M | - | $307.68M | $366.84M | $415.12M | - | $362.40M | $330.46M | $293.97M | $322.23M | $268.21M | $245.65M | $231.97M | $238.50M | $250.55M | $272.80M | $249.93M |
| Avg Forecast | $240.10M | $244.18M | $248.33M | $252.55M | $256.84M | $261.21M | $265.64M | $270.16M | $262.00M | $244.00M | $270.00M | $358.70M | $317.00M | $357.02M | $346.55M | $391.10M | $397.69M | $451.84M | $344.05M | $316.28M | $269.95M | $272.52M | $302.60M | $295.78M | $281.10M | $262.02M | $284.93M | $277.17M | $317.07M | $302.81M |
| High Forecast | $240.10M | $244.18M | $248.33M | $252.55M | $256.84M | $261.21M | $265.64M | $270.16M | $262.00M | $244.00M | $270.00M | $358.70M | $317.00M | $417.04M | $346.55M | $391.10M | $397.69M | $451.84M | $344.05M | $316.28M | $269.95M | $272.52M | $302.60M | $295.78M | $281.10M | $262.02M | $284.93M | $277.17M | $317.07M | $302.81M |
| Low Forecast | $240.10M | $244.18M | $248.33M | $252.55M | $256.84M | $261.21M | $265.64M | $270.16M | $262.00M | $244.00M | $270.00M | $358.70M | $317.00M | $297.00M | $346.55M | $391.10M | $397.69M | $451.84M | $344.05M | $316.28M | $269.95M | $272.52M | $302.60M | $295.78M | $281.10M | $262.02M | $284.93M | $277.17M | $317.07M | $302.81M |
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.90% | - | 0.79% | 0.92% | 0.92% | - | 1.15% | 1.22% | 1.08% | 1.06% | 0.91% | 0.87% | 0.89% | 0.84% | 0.90% | 0.86% | 0.83% |
Westlake Chemical Partners LP's average Quarter revenue forecast for Mar 24 based on 0 analysts is $358.70M, with a low forecast of $358.70M, and a high forecast of $358.70M. WLKP's average Quarter revenue forecast represents a 20.66% increase compared to the company's last Quarter revenue of $297.27M (Dec 23).
Westlake Chemical Partners LP 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 | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $121.12M | $86.24M | - | $125.61M | $125.55M | $111.83M | - | $114.47M | $57.88M | $41.46M | $56.29M | $45.10M | $42.91M | $46.76M | $44.31M | $47.95M | $48.72M | $46.09M |
| Avg Forecast | $96.53M | $98.17M | $99.84M | $101.54M | $103.26M | $105.02M | $106.80M | $108.62M | $105.34M | $98.10M | $108.55M | $71.07M | $127.45M | $143.54M | $139.33M | $64.61M | $159.89M | $50.15M | $138.33M | $58.74M | $63.67M | $109.57M | $121.66M | $52.90M | $49.64M | $39.65M | $40.64M | $40.83M | $39.50M | $41.23M |
| High Forecast | $96.53M | $98.17M | $99.84M | $101.54M | $103.26M | $105.02M | $106.80M | $108.62M | $105.34M | $98.10M | $108.55M | $85.29M | $127.45M | $167.67M | $139.33M | $77.53M | $159.89M | $60.18M | $138.33M | $70.49M | $76.40M | $109.57M | $121.66M | $63.49M | $59.56M | $47.58M | $48.76M | $49.00M | $47.40M | $49.47M |
| Low Forecast | $96.53M | $98.17M | $99.84M | $101.54M | $103.26M | $105.02M | $106.80M | $108.62M | $105.34M | $98.10M | $108.55M | $56.86M | $127.45M | $119.41M | $139.33M | $51.69M | $159.89M | $40.12M | $138.33M | $46.99M | $50.93M | $109.57M | $121.66M | $42.32M | $39.71M | $31.72M | $32.51M | $32.66M | $31.60M | $32.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.60% | - | 1.94% | 0.79% | 2.23% | - | 1.95% | 0.91% | 0.38% | 0.46% | 0.85% | 0.86% | 1.18% | 1.09% | 1.17% | 1.23% | 1.12% |
0 analysts predict WLKP's average Quarter EBITDA for Mar 24 to be $71.07M, with a high of $85.29M and a low of $56.86M. This is -41.32% lower than Westlake Chemical Partners LP's previous annual EBITDA (Dec 23) of $121.12M.
Westlake Chemical Partners LP 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 | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $14.30M | $13.21M | - | $91.45M | $91.26M | $78.31M | - | $80.83M | $138.39M | $12.79M | $25.10M | $15.15M | $15.03M | $18.54M | $14.86M | $17.75M | $17.37M | $14.92M |
| Avg Forecast | $22.66M | $22.95M | $23.63M | $23.68M | $15.56M | $15.69M | $18.31M | $18.74M | $11.24M | $13.01M | $15.32M | $23.09M | $15.69M | $15.50M | $13.44M | $20.99M | $16.75M | $19.88M | $17.31M | $19.09M | $32.46M | $17.70M | $18.85M | $17.77M | $17.38M | $15.71M | $16.12M | $18.09M | $17.01M | $16.51M |
| High Forecast | $22.66M | $22.95M | $23.63M | $23.68M | $15.56M | $15.69M | $18.31M | $18.74M | $11.24M | $13.01M | $15.32M | $27.71M | $15.69M | $16.91M | $13.44M | $25.19M | $16.75M | $23.85M | $17.31M | $22.90M | $38.96M | $17.70M | $18.85M | $21.32M | $20.86M | $18.86M | $19.35M | $21.71M | $20.41M | $19.81M |
| Low Forecast | $22.66M | $22.95M | $23.63M | $23.68M | $15.56M | $15.69M | $18.31M | $18.74M | $11.24M | $13.01M | $15.32M | $18.48M | $15.69M | $14.09M | $13.44M | $16.80M | $16.75M | $15.90M | $17.31M | $15.27M | $25.97M | $17.70M | $18.85M | $14.21M | $13.91M | $12.57M | $12.90M | $14.48M | $13.61M | $13.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.85% | - | 4.36% | 5.45% | 3.94% | - | 4.23% | 4.26% | 0.72% | 1.33% | 0.85% | 0.86% | 1.18% | 0.92% | 0.98% | 1.02% | 0.90% |
Westlake Chemical Partners LP's average Quarter net income forecast for Mar 24 is $23.09M, with a range of $18.48M to $27.71M. WLKP's average Quarter net income forecast represents a 61.51% increase compared to the company's last Quarter net income of $14.30M (Dec 23).
Westlake Chemical Partners LP 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 | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $7.87M | $6.74M | - | $7.91M | $2.85M | $8.68M | - | $8.23M | $6.28M | $7.79M | $8.27M | $8.67M | $7.30M | $6.25M | $6.14M | $6.20M | $7.84M | $6.82M |
| Avg Forecast | $5.89M | $5.99M | $6.10M | $6.20M | $6.31M | $6.41M | $6.52M | $6.63M | $6.43M | $5.99M | $6.63M | $11.73M | $7.78M | $8.76M | $8.51M | $10.67M | $9.76M | $6.71M | $8.45M | $9.70M | $6.91M | $6.69M | $7.43M | $10.17M | $8.45M | $5.30M | $6.66M | $6.32M | $7.68M | $7.55M |
| High Forecast | $5.89M | $5.99M | $6.10M | $6.20M | $6.31M | $6.41M | $6.52M | $6.63M | $6.43M | $5.99M | $6.63M | $14.08M | $7.78M | $10.24M | $8.51M | $12.80M | $9.76M | $8.05M | $8.45M | $11.64M | $8.29M | $6.69M | $7.43M | $12.21M | $10.14M | $6.36M | $7.99M | $7.58M | $9.22M | $9.06M |
| Low Forecast | $5.89M | $5.99M | $6.10M | $6.20M | $6.31M | $6.41M | $6.52M | $6.63M | $6.43M | $5.99M | $6.63M | $9.39M | $7.78M | $7.29M | $8.51M | $8.53M | $9.76M | $5.37M | $8.45M | $7.76M | $5.53M | $6.69M | $7.43M | $8.14M | $6.76M | $4.24M | $5.33M | $5.05M | $6.14M | $6.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.77% | - | 0.74% | 0.29% | 1.29% | - | 0.85% | 0.91% | 1.16% | 1.11% | 0.85% | 0.86% | 1.18% | 0.92% | 0.98% | 1.02% | 0.90% |
Westlake Chemical Partners LP's average Quarter SG&A projection for Mar 24 is $11.73M, based on 0 Wall Street analysts, with a range of $9.39M to $14.08M. The forecast indicates a 49.13% rise compared to WLKP last annual SG&A of $7.87M (Dec 23).
Westlake Chemical Partners LP 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 | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | 2 | 1 | 1 | - | - | - | - | - | - | - | 4 | 6 | 4 | 6 | 4 | 5 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.41 | $0.37 | - | $2.58 | $2.61 | $2.22 | - | $2.30 | $3.94 | $0.36 | $0.71 | $0.43 | $0.43 | $0.53 | $0.43 | $0.50 | $0.49 | $0.42 |
| Avg Forecast | $0.64 | $0.65 | $0.67 | $0.67 | $0.44 | $0.45 | $0.52 | $0.53 | $0.32 | $0.37 | $0.43 | $0.45 | $0.45 | $0.44 | $0.38 | $0.47 | $0.48 | $0.49 | $0.49 | $0.56 | $0.42 | $0.51 | $0.54 | $0.52 | $0.51 | $0.44 | $0.47 | $0.51 | $0.48 | $0.46 |
| High Forecast | $0.64 | $0.65 | $0.67 | $0.67 | $0.44 | $0.45 | $0.52 | $0.53 | $0.32 | $0.37 | $0.43 | $0.45 | $0.45 | $0.48 | $0.38 | $0.47 | $0.48 | $0.49 | $0.49 | $0.56 | $0.42 | $0.51 | $0.54 | $0.52 | $0.51 | $0.44 | $0.47 | $0.51 | $0.48 | $0.46 |
| Low Forecast | $0.64 | $0.65 | $0.67 | $0.67 | $0.44 | $0.45 | $0.52 | $0.53 | $0.32 | $0.37 | $0.43 | $0.45 | $0.45 | $0.40 | $0.38 | $0.47 | $0.48 | $0.49 | $0.49 | $0.56 | $0.42 | $0.51 | $0.54 | $0.52 | $0.51 | $0.44 | $0.47 | $0.51 | $0.48 | $0.46 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.84% | - | 5.45% | 5.49% | 4.52% | - | 4.07% | 9.48% | 0.71% | 1.31% | 0.83% | 0.84% | 1.20% | 0.91% | 0.98% | 1.03% | 0.90% |
According to 0 Wall Street analysts, Westlake Chemical Partners LP's projected average Quarter EPS for Mar 24 is $0.45, with a low estimate of $0.45 and a high estimate of $0.45. This represents a 10.31% increase compared to WLKP previous annual EPS of $0.41 (Dec 23).
Westlake Chemical Partners LP Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GPRE | Green Plains | $13.37 | $28.80 | 115.41% | Buy |
| LXU | LSB Industries | $7.66 | $14.46 | 88.77% | Buy |
| TROX | Tronox | $12.40 | $20.43 | 64.76% | Buy |
| HUN | Huntsman | $22.13 | $35.23 | 59.20% | Buy |
| ASIX | AdvanSix | $28.57 | $43.00 | 50.51% | - |
| MEOH | Methanex | $39.32 | $56.29 | 43.16% | Hold |
| WLKP | Westlake Chemical Partners LP | $22.16 | $29.00 | 30.87% | Buy |
| UNVR | Univar Solutions | $36.14 | $36.00 | -0.39% | Buy |
WLKP Forecast FAQ
Is Westlake Chemical Partners LP a good buy?
Yes, according to 1 Wall Street analysts, Westlake Chemical Partners LP (WLKP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of WLKP's total ratings.
What is WLKP's price target?
Westlake Chemical Partners LP (WLKP) average price target is $29 with a range of $29 to $29, implying a 30.87% from its last price of $22.16. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Westlake Chemical Partners LP stock go up soon?
According to Wall Street analysts' prediction for WLKP stock, the company can go up by 30.87% (from the last price of $22.16 to the average price target of $29), up by 30.87% based on the highest stock price target, and up by 30.87% based on the lowest stock price target.
Can Westlake Chemical Partners LP stock reach $30?
WLKP's average twelve months analyst stock price target of $29 does not support the claim that Westlake Chemical Partners LP can reach $30 in the near future.
What are Westlake Chemical Partners LP's analysts' financial forecasts?
Westlake Chemical Partners LP's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.05B (high $1.05B, low $1.05B), average EBITDA is $423.71M (high $423.71M, low $423.71M), average net income is $68.3M (high $68.3M, low $68.3M), average SG&A $25.87M (high $25.87M, low $25.87M), and average EPS is $1.94 (high $1.94, low $1.94). WLKP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $985.15M (high $985.15M, low $985.15M), average EBITDA is $396.09M (high $396.09M, low $396.09M), average net income is $92.92M (high $92.92M, low $92.92M), average SG&A $24.19M (high $24.19M, low $24.19M), and average EPS is $2.64 (high $2.64, low $2.64).
Did the WLKP's actual financial results beat the analysts' financial forecasts?
Based on Westlake Chemical Partners LP's last annual report (Dec 2023), the company's revenue was $1.19B, which missed the average analysts forecast of $1.41B by -15.65%. Apple's EBITDA was $467.91M, missing the average prediction of $474.93M by -1.48%. The company's net income was $54.28M, missing the average estimation of $65.61M by -17.27%. Apple's SG&A was $29.75M, missing the average forecast of $35.72M by -16.71%. Lastly, the company's EPS was $1.54, missing the average prediction of $1.74 by -11.49%. In terms of the last quarterly report (Dec 2023), Westlake Chemical Partners LP's revenue was $297.27M, missing the average analysts' forecast of $317M by -6.22%. The company's EBITDA was $121.12M, missing the average prediction of $127.45M by -4.97%. Westlake Chemical Partners LP's net income was $14.3M, missing the average estimation of $15.69M by -8.84%. The company's SG&A was $7.87M, beating the average forecast of $7.78M by 1.09%. Lastly, the company's EPS was $0.41, missing the average prediction of $0.445 by -7.92%