
Eastman Chemical (EMN) Stock Forecast & Price Target
Eastman Chemical (EMN) Analyst Ratings
Bulls say
Eastman Chemical's strategic transition from lower-margin commodity products to approximately 70% higher-margin specialty offerings is anticipated to enhance its earnings consistency and stability. The company's ongoing strong execution, coupled with expected improvements in pricing and product mix within its specialty business, positions it favorably for potential earnings upside. Furthermore, positive sentiment around global macroeconomic conditions, alongside anticipated growth in its Additives and Functional Products and Advanced Materials segments, reinforces a constructive long-term outlook for the company.
Bears say
Eastman Chemical has reduced its commodity exposure from approximately 17% in 2010 to around 13% currently, indicating a strategic shift towards higher-margin specialty products. However, despite this transition, the company trades at a low multiple relative to its peers, raising concerns about its valuation. Furthermore, Eastman’s recent guidance for Q3 indicates expectations of lower EBIT quarter-over-quarter, highlighting ongoing operational challenges that may negatively impact financial 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