
Eastman Chemical (EMN) Stock Forecast & Price Target
Eastman Chemical (EMN) Analyst Ratings
Bulls say
Eastman Chemical has reported a year-over-year growth in price and volumes of 1% in the fourth quarter, indicating a stable demand environment. The strong demand for Tritan Renew has led to over 100 customer commitments at healthy price premiums, suggesting a potential for significant earnings growth, particularly with any improvements in global economic activity. Furthermore, the company's earnings from 2023 to 2024 have been positively impacted by a lack of destocking, alongside pre-orders that capitalized on market conditions, and approximately 50% of growth is anticipated to stem from stronger sales within the circular platform, with the remainder reflecting operating leverage.
Bears say
Eastman Chemical faces a negative outlook primarily due to anticipated declines in auto demand and the potential impact of commodity price fluctuations, which are expected to hinder recovery in earnings for various segments in early 2025. Additionally, the company's prospects for revenue growth from both product innovation and existing lines are dimmed by a shallowing economic trajectory, suggesting no benefit in 2026 and possibly additional headwinds. Furthermore, operational risks, such as construction delays and cost overruns, pose significant threats to the company’s recycling earnings outlook, further contributing to the negative viewpoint.
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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