
Eastman Chemical (EMN) Stock Forecast & Price Target
Eastman Chemical (EMN) Analyst Ratings
Bulls say
Eastman Chemical's strategic transition towards higher-margin specialty businesses, now comprising approximately 70% of its offerings, is expected to yield greater earnings consistency and resilience against market fluctuations. The company is also poised for potential earnings upside driven by improvements in specialty business pricing and productivity gains, which reflects its strong execution capabilities. Furthermore, favorable market conditions such as strengthened pricing in key segments like Additives and Functional Products and improvements in global energy prices could further enhance financial performance, fostering a positive outlook for the stock.
Bears say
Eastman Chemical has reduced its commodity exposure from approximately 17% in 2010 to about 13%, aiming to enhance its focus on higher-margin specialty products; however, it continues to trade at a low multiple compared to its peers, suggesting a valuation concern in the market. Despite recent efforts to pivot toward specialty offerings, the company has issued lower guidance for Q3 after a relatively decent Q2, indicating ongoing operational challenges and anticipated decreases in EBIT quarter-over-quarter. These factors collectively contribute to a negative outlook on Eastman Chemical's stock performance moving forward.
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
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