Westlake Chemical Partners LP (WLKP) Stock Forecast, Price Target & Predictions

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WLKP Stock Forecast

Westlake Chemical Partners LP stock forecast is as follows: an average price target of $29.00 (represents a 26.36% upside from WLKP’s last price of $22.95) 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 26.36% upside from WLKP's last price of $22.95.

WLKP Analyst Ratings

Buy

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%	26.36%
May 16, 2022		Deutsche Bank	$30.00	$26.74	12.19%	30.72%

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 26.36% increase from WLKP last price ($22.95).

Westlake Chemical Partners LP Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$22.95	$22.95	$22.95
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 $22.95. 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	Jun 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	$448.79M	$362.40M	$330.46M	$293.97M	$322.23M	$268.21M	$245.65M	$231.97M	$238.50M	$250.55M	$272.80M	$249.93M
Avg Forecast	$238.02M	$242.06M	$246.17M	$250.36M	$254.61M	$258.94M	$263.34M	$267.81M	$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	$238.02M	$242.06M	$246.17M	$250.36M	$254.61M	$258.94M	$263.34M	$267.81M	$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	$238.02M	$242.06M	$246.17M	$250.36M	$254.61M	$258.94M	$263.34M	$267.81M	$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	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	6	4	4	7	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.94%	0.90%	-	0.79%	0.92%	0.92%	1.30%	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 1 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	Jun 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	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	6	4	4	7	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$121.12M	$86.24M	-	$125.61M	$125.55M	$111.83M	$118.48M	$114.47M	$57.88M	$41.46M	$56.29M	$45.10M	$42.91M	$46.76M	$44.31M	$47.95M	$48.72M	$46.09M
Avg Forecast	$95.86M	$97.49M	$99.15M	$100.84M	$102.55M	$104.29M	$106.06M	$107.87M	$105.52M	$98.27M	$108.75M	$71.07M	$127.68M	$143.79M	$139.58M	$64.61M	$70.03M	$181.66M	$138.33M	$58.74M	$108.54M	$109.57M	$121.66M	$52.90M	$113.02M	$105.35M	$114.56M	$40.83M	$127.48M	$121.75M
High Forecast	$95.86M	$97.49M	$99.15M	$100.84M	$102.55M	$104.29M	$106.06M	$107.87M	$105.52M	$98.27M	$108.75M	$85.29M	$127.68M	$167.97M	$139.58M	$77.53M	$84.04M	$181.66M	$138.33M	$70.49M	$108.54M	$109.57M	$121.66M	$63.49M	$113.02M	$105.35M	$114.56M	$49.00M	$127.48M	$121.75M
Low Forecast	$95.86M	$97.49M	$99.15M	$100.84M	$102.55M	$104.29M	$106.06M	$107.87M	$105.52M	$98.27M	$108.75M	$56.86M	$127.68M	$119.62M	$139.58M	$51.69M	$56.03M	$181.66M	$138.33M	$46.99M	$108.54M	$109.57M	$121.66M	$42.32M	$113.02M	$105.35M	$114.56M	$32.66M	$127.48M	$121.75M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.95%	0.60%	-	1.94%	1.79%	0.62%	0.86%	1.95%	0.53%	0.38%	0.46%	0.85%	0.38%	0.44%	0.39%	1.17%	0.38%	0.38%

1 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	Jun 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	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	6	4	4	7	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$14.30M	$13.21M	-	$91.45M	$91.26M	$78.31M	$84.44M	$80.83M	$138.39M	$12.79M	$25.10M	$15.15M	$15.03M	$18.54M	$14.86M	$17.75M	$17.37M	$14.92M
Avg Forecast	$19.73M	$20.73M	$20.51M	$20.54M	$13.53M	$13.93M	$16.17M	$15.12M	$13.16M	$14.07M	$15.32M	$23.09M	$15.69M	$15.50M	$13.44M	$20.99M	$35.71M	$17.32M	$17.31M	$19.09M	$14.64M	$17.88M	$19.04M	$17.77M	$17.96M	$15.50M	$16.56M	$18.09M	$16.75M	$16.38M
High Forecast	$19.73M	$20.73M	$20.51M	$20.54M	$13.53M	$13.93M	$16.17M	$17.15M	$13.16M	$14.44M	$15.32M	$27.71M	$15.69M	$16.91M	$13.44M	$25.19M	$42.85M	$17.32M	$17.31M	$22.90M	$14.64M	$17.88M	$19.04M	$21.32M	$17.96M	$15.50M	$16.56M	$21.71M	$16.75M	$16.38M
Low Forecast	$19.73M	$20.73M	$20.51M	$20.54M	$13.53M	$13.93M	$16.17M	$13.09M	$13.16M	$13.71M	$15.32M	$18.48M	$15.69M	$14.09M	$13.44M	$16.80M	$28.57M	$17.32M	$17.31M	$15.27M	$14.64M	$17.88M	$19.04M	$14.21M	$17.96M	$15.50M	$16.56M	$14.48M	$16.75M	$16.38M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.91%	0.85%	-	4.36%	2.56%	4.52%	4.88%	4.23%	9.45%	0.72%	1.32%	0.85%	0.84%	1.20%	0.90%	0.98%	1.04%	0.91%

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	Jun 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	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	6	4	4	7	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$7.87M	$6.74M	-	$7.91M	$2.85M	$8.68M	$9.92M	$8.23M	$6.28M	$7.79M	$8.27M	$8.67M	$7.30M	$6.25M	$6.14M	$6.20M	$7.84M	$6.82M
Avg Forecast	$5.84M	$5.94M	$6.04M	$6.15M	$6.25M	$6.36M	$6.46M	$6.57M	$6.43M	$5.99M	$6.63M	$11.73M	$7.78M	$8.76M	$8.51M	$10.67M	$7.60M	$11.09M	$8.45M	$9.70M	$6.63M	$6.69M	$7.43M	$10.17M	$6.90M	$6.43M	$6.99M	$6.32M	$7.78M	$7.43M
High Forecast	$5.84M	$5.94M	$6.04M	$6.15M	$6.25M	$6.36M	$6.46M	$6.57M	$6.43M	$5.99M	$6.63M	$14.08M	$7.78M	$10.24M	$8.51M	$12.80M	$9.12M	$11.09M	$8.45M	$11.64M	$6.63M	$6.69M	$7.43M	$12.21M	$6.90M	$6.43M	$6.99M	$7.58M	$7.78M	$7.43M
Low Forecast	$5.84M	$5.94M	$6.04M	$6.15M	$6.25M	$6.36M	$6.46M	$6.57M	$6.43M	$5.99M	$6.63M	$9.39M	$7.78M	$7.29M	$8.51M	$8.53M	$6.08M	$11.09M	$8.45M	$7.76M	$6.63M	$6.69M	$7.43M	$8.14M	$6.90M	$6.43M	$6.99M	$5.05M	$7.78M	$7.43M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	0.77%	-	0.74%	0.38%	0.78%	1.17%	0.85%	0.95%	1.16%	1.11%	0.85%	1.06%	0.97%	0.88%	0.98%	1.01%	0.92%

Westlake Chemical Partners LP's average Quarter SG&A projection for Mar 24 is $11.73M, based on 1 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	Jun 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	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	6	4	4	7	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$0.41	$0.37	-	$2.58	$2.61	$2.22	$2.40	$2.30	$3.94	$0.36	$0.71	$0.43	$0.43	$0.53	$0.43	$0.50	$0.49	$0.42
Avg Forecast	$0.56	$0.59	$0.58	$0.58	$0.38	$0.40	$0.46	$0.43	$0.37	$0.40	$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	$0.56	$0.59	$0.58	$0.58	$0.38	$0.40	$0.46	$0.49	$0.37	$0.41	$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	$0.56	$0.59	$0.58	$0.58	$0.38	$0.40	$0.46	$0.37	$0.37	$0.39	$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%	4.88%	4.07%	9.48%	0.71%	1.31%	0.83%	0.84%	1.20%	0.91%	0.98%	1.03%	0.90%

According to 1 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
TROX	Tronox	$10.14	$20.00	97.24%	Buy
GPRE	Green Plains	$10.88	$21.00	93.01%	Buy
ASIX	AdvanSix	$30.10	$39.00	29.57%	Buy
HUN	Huntsman	$18.56	$23.00	23.92%	Buy
WLKP	Westlake Chemical Partners LP	$23.56	$29.00	23.09%	Buy
MEOH	Methanex	$47.12	$57.20	21.39%	Buy
LXU	LSB Industries	$8.25	$10.00	21.21%	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 26.36% from its last price of $22.95. 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 26.36% (from the last price of $22.95 to the average price target of $29), up by 26.36% based on the highest stock price target, and up by 26.36% 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 $1.04B (high $1.04B, low $1.04B), average EBITDA is $420.77M (high $420.77M, low $420.77M), average net income is $58.75M (high $60.79M, low $56.72M), average SG&A $25.65M (high $25.65M, low $25.65M), and average EPS is $1.67 (high $1.73, low $1.61). WLKP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $976.61M (high $976.61M, low $976.61M), average EBITDA is $393.34M (high $393.34M, low $393.34M), average net income is $81.51M (high $81.51M, low $81.51M), average SG&A $23.98M (high $23.98M, low $23.98M), and average EPS is $2.31 (high $2.31, low $2.31).

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 $475.66M by -1.63%. 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 $127.68M by -5.14%. 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%