
Eastman Chemical (EMN) Stock Forecast & Price Target
Eastman Chemical (EMN) Analyst Ratings
Bulls say
Eastman Chemical's stock outlook is supported by a 1% year-over-year growth in both price and volume in the fourth quarter, reflecting stable demand in the market. The company's Tritan Renew product line has garnered strong interest, evidenced by over 100 customer commitments at healthy price premiums, positioning it to significantly boost earnings in the event of an economic recovery. Additionally, the absence of destocking in 2023 positively influenced pricing, costs, and volumes, with projections indicating that approximately 50% of growth will stem from increased sales, complemented by operational efficiencies.
Bears say
Eastman Chemical is anticipating a decline in auto demand in 2025, which could negatively impact earnings recovery in the first quarter of that year due to unexpected commodity price declines in its Chemical Intermediates segment. The company forecasts a weaker economic trajectory that may hinder growth from product innovation and lead to lower revenue growth from existing product lines, indicating potential challenges ahead. Additionally, risks such as construction delays and cost overruns could further threaten Eastman's earnings outlook, particularly in the recycling sector.
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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