
Eastman Chemical (EMN) Stock Forecast & Price Target
Eastman Chemical (EMN) Analyst Ratings
Bulls say
Eastman Chemical's strategic focus on transitioning from lower-margin commodity businesses to approximately 70% higher-margin specialty products is expected to enhance earnings consistency. Continued strong execution, coupled with potential earnings upside from improvements in pricing and mix within its specialty segments, contributes to a favorable financial outlook. Additionally, anticipated gains from productivity improvements and the projected strength in Additives, Functional Products, and Advanced Materials support the company's positive trajectory amidst improving global energy prices.
Bears say
Eastman Chemical has significantly reduced its commodity exposure from approximately 17% in 2010 to about 13% currently, shifting its focus toward higher-margin specialty products. Despite this strategic pivot, the company continues to trade at a low multiple compared to its peers, indicating market skepticism regarding its valuation. Additionally, Eastman issued a lower guidance for Q3 earnings before interest and taxes (EBIT) due to ongoing challenges, including a noted pull-forward in Tow sales in Europe, which suggests potential vulnerabilities in its operational performance.
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