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NYSE: EMN
Eastman Chemical Co Stock Forecast, Predictions & Price Target

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OverviewForecast
EarningsDividendOwnership

Analyst price target for EMN

Based on 13 analysts offering 12 month price targets for Eastman Chemical Co.
Min Forecast
$87.00-8.61%
Avg Forecast
$117.62+23.55%
Max Forecast
$165.00+73.32%

Should I buy or sell EMN stock?

Based on 14 analysts offering ratings for Eastman Chemical Co.
Buy
Strong Buy
4 analysts 28.57%
Buy
1 analysts 7.14%
Hold
9 analysts 64.29%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

EMN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 26%
75
Strong BuyMaintains$110.00+15.55%2022-08-02
Barclays
Bottom 10%
10
HoldMaintains$110.00+15.55%2022-08-02
RBC Capital
Bottom 10%
10
HoldMaintains$97.00+1.89%2022-08-02
Citigroup
Top 6%
95
HoldDowngradesN/AN/A2022-08-01
KeyBanc
Top 9%
92
Strong BuyMaintains$125.00+31.30%2022-08-01
UBS
Top 11%
90
Strong BuyMaintains$118.00+23.95%2022-07-29
Bank of America
Bottom 16%
16
HoldMaintains$115.00+20.80%2022-07-13
Jefferies
Top 13%
88
HoldDowngrades$87.00-8.61%2022-06-16
Credit Suisse
Top 4%
97
BuyInitiates Coverage On$130.00+36.55%2022-05-31
Wolfe Research
Top 18%
83
HoldDowngrades$114.00+19.75%2022-04-19

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Forecast return on equity

Is EMN forecast to generate an efficient return?
Company
27.22%
Industry
45.13%
Market
28.93%
EMN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is EMN forecast to generate an efficient return on assets?
Company
9.74%
Industry
19.4%
EMN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

EMN earnings per share forecast

What is EMN's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$9.70+4.41%
Avg 2 year Forecast
$10.35+11.41%
Avg 3 year Forecast
$11.18+20.34%
EMN's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

EMN revenue forecast

What is EMN's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$10.8B-1.32%
Avg 2 year Forecast
$10.7B-2.16%
Avg 3 year Forecast
$10.9B+0%
EMN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

EMN earnings growth forecast

How is EMN forecast to perform vs Chemicals companies and vs the US market?
Company
6.2%
Industry
21.11%
Market
16.41%
EMN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
EMN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
EMN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

EMN revenue growth forecast

How is EMN forecast to perform vs Chemicals companies and vs the US market?
Company
-0.29%
Industry
9.23%
Market
8.55%
EMN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
EMN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

EMN vs Chemical Stocks

TickerPricePrice TargetUp/downsideConsensus
EMN$95.20$117.62+23.55%Buy
CE$110.68$145.00+31.01%Hold
HUN$29.25$40.57+38.70%Buy
BAK$14.18$27.00+90.41%Strong Buy
ASH$102.64$124.43+21.23%Buy
View Top Chemical Stocks

Eastman Chemical Co Stock Forecast FAQ

Is Eastman Chemical Co Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: EMN) stock is to Buy EMN stock.

Out of 14 analysts, 4 (28.57%) are recommending EMN as a Strong Buy, 1 (7.14%) are recommending EMN as a Buy, 9 (64.29%) are recommending EMN as a Hold, 0 (0%) are recommending EMN as a Sell, and 0 (0%) are recommending EMN as a Strong Sell.

If you're new to stock investing, here's how to buy Eastman Chemical Co stock.

What is EMN's earnings growth forecast for 2022-2024?

(NYSE: EMN) Eastman Chemical Co's forecast annual earnings growth rate of 6.2% is not forecast to beat the US Chemicals industry's average forecast earnings growth rate of 21.11%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.41%.

Eastman Chemical Co's earnings in 2022 is $1,220,000,000.On average, 7 Wall Street analysts forecast EMN's earnings for 2022 to be $1,191,242,499, with the lowest EMN earnings forecast at $1,171,593,138, and the highest EMN earnings forecast at $1,221,944,625. On average, 9 Wall Street analysts forecast EMN's earnings for 2023 to be $1,271,068,027, with the lowest EMN earnings forecast at $1,161,768,457, and the highest EMN earnings forecast at $1,338,612,705.

In 2024, EMN is forecast to generate $1,372,999,086 in earnings, with the lowest earnings forecast at $1,185,102,073 and the highest earnings forecast at $1,473,702,060.

What is EMN's revenue growth forecast for 2022-2024?

(NYSE: EMN) Eastman Chemical Co's forecast annual revenue growth rate of -0.29% is not forecast to beat the US Chemicals industry's average forecast revenue growth rate of 9.23%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.55%.

Eastman Chemical Co's revenue in 2022 is $10,912,000,000.On average, 8 Wall Street analysts forecast EMN's revenue for 2022 to be $1,322,349,788,225, with the lowest EMN revenue forecast at $1,251,909,899,970, and the highest EMN revenue forecast at $1,371,224,503,003. On average, 8 Wall Street analysts forecast EMN's revenue for 2023 to be $1,311,152,231,548, with the lowest EMN revenue forecast at $1,258,787,176,250, and the highest EMN revenue forecast at $1,353,544,990,623.

In 2024, EMN is forecast to generate $1,340,098,318,985 in revenue, with the lowest revenue forecast at $1,234,716,709,270 and the highest revenue forecast at $1,439,055,324,569.

What is EMN's forecast return on assets (ROA) for 2022-2025?

(NYSE: EMN) forecast ROA is 9.74%, which is lower than the forecast US Chemicals industry average of 19.4%.

What is EMN's Price Target?

According to 13 Wall Street analysts that have issued a 1 year EMN price target, the average EMN price target is $117.62, with the highest EMN stock price forecast at $165.00 and the lowest EMN stock price forecast at $87.00.

On average, Wall Street analysts predict that Eastman Chemical Co's share price could reach $117.62 by Aug 2, 2023. The average Eastman Chemical Co stock price prediction forecasts a potential upside of 23.55% from the current EMN share price of $95.20.

What is EMN's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: EMN) Eastman Chemical Co's current Earnings Per Share (EPS) is $9.29. On average, analysts forecast that EMN's EPS will be $9.70 for 2022, with the lowest EPS forecast at $9.54, and the highest EPS forecast at $9.95. On average, analysts forecast that EMN's EPS will be $10.35 for 2023, with the lowest EPS forecast at $9.46, and the highest EPS forecast at $10.90. In 2024, EMN's EPS is forecast to hit $11.18 (min: $9.65, max: $12.00).

What is EMN's forecast return on equity (ROE) for 2022-2025?

(NYSE: EMN) forecast ROE is 27.22%, which is considered strong.
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