
Eastman Chemical (EMN) Stock Forecast & Price Target
Eastman Chemical (EMN) Analyst Ratings
Bulls say
Eastman Chemical's strategic transition to focus on approximately 70% higher-margin specialty products is expected to enhance earnings consistency and resilience. The company's projected growth areas include Additives and Functional Products, Advanced Materials, and favorable pricing dynamics for ethylene and olefins, contributing to a positive financial outlook. Additionally, improvements in global energy prices and ongoing productivity gains further support the potential for increased earnings upside and overall financial strength.
Bears say
Eastman Chemical has reduced its commodity exposure from approximately 17% to 13% since 2010, focusing on higher-margin specialty products; however, the company continues to trade at a low multiple compared to its peers, indicating market skepticism about its growth prospects. Following a relatively strong performance in the second quarter, Eastman provided lower earnings guidance for the third quarter, reflecting ongoing operational challenges and the impact of a pre-emptive surge in demand in Europe. These factors contribute to a negative outlook for the stock, as they signal potential difficulties in maintaining consistent profitability amidst shifting market conditions.
This aggregate rating is based on analysts' research of Eastman Chemical and is not a guaranteed prediction by Public.com or investment advice.
Eastman Chemical (EMN) Analyst Forecast & Price Prediction
Start investing in Eastman Chemical (EMN)
Order type
Buy in
Order amount
Est. shares
0 shares