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

Analyst price target for EMN

Based on 17 analysts offering 12 month price targets for Eastman Chemical Co.
Min Forecast
$80.00-7.86%
Avg Forecast
$97.35+12.13%
Max Forecast
$115.00+32.46%

Should I buy or sell EMN stock?

Based on 17 analysts offering ratings for Eastman Chemical Co.
Buy
Strong Buy
4 analysts 23.53%
Buy
1 analysts 5.88%
Hold
12 analysts 70.59%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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EMN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Credit Suisse
Top 7%
94
BuyMaintains$100.00+15.18%2023-01-27
Deutsche Bank
Top 3%
98
HoldDowngrades$96.00+10.57%2023-01-17
Mizuho
Top 4%
97
HoldMaintains$85.00-2.10%2023-01-12
Bank of America
Top 21%
80
Strong BuyUpgrades$108.00+24.40%2023-01-11
Goldman Sachs
Top 25%
76
HoldMaintains$89.00+2.51%2022-12-15
Citigroup
Top 7%
94
HoldMaintains$90.00+3.66%2022-12-15
Mizuho
Top 30%
71
HoldMaintains$88.00+1.36%2022-10-31
KeyBanc
Top 7%
94
Strong BuyMaintains$98.00+12.88%2022-10-31
Wells Fargo
Top 11%
90
HoldMaintains$80.00-7.86%2022-10-18
Morgan Stanley
Top 21%
80
Strong BuyMaintains$115.00+32.46%2022-10-12

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Forecast return on equity

Is EMN forecast to generate an efficient return?
Company
26.3%
Industry
43.79%
Market
59.61%
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
9.45%
Industry
18.23%
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 9 analysts?
Avg 1 year Forecast
$10.30+12.32%
Avg 2 year Forecast
$11.18+21.92%
Avg 3 year Forecast
$11.80+28.68%
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
$10.7B-2.06%
Avg 2 year Forecast
$10.9B+0.1%
Avg 3 year Forecast
$10.7B-2.13%
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
10.11%
Industry
50.26%
Market
27.94%
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
-0.47%
Industry
14.02%
Market
10.92%
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$86.82$97.35+12.13%Buy
CE$120.50$121.33+0.69%Buy
HUN$31.42$31.83+1.31%Hold
ASH$107.65$128.29+19.17%Strong Buy
UNVR$34.20$32.38-5.34%Strong Buy

Eastman Chemical Co Stock Forecast FAQ

Is Eastman Chemical Co Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NYSE: EMN) stock is to Buy EMN stock.

Out of 17 analysts, 4 (23.53%) are recommending EMN as a Strong Buy, 1 (5.88%) are recommending EMN as a Buy, 12 (70.59%) 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 2023-2025?

(NYSE: EMN) Eastman Chemical Co's forecast annual earnings growth rate of 10.11% is not forecast to beat the US Chemicals industry's average forecast earnings growth rate of 50.26%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 27.94%.

Eastman Chemical Co's earnings in 2023 is $1,170,000,000.On average, 9 Wall Street analysts forecast EMN's earnings for 2023 to be $1,235,900,749, with the lowest EMN earnings forecast at $1,135,108,843, and the highest EMN earnings forecast at $1,303,095,353. On average, 4 Wall Street analysts forecast EMN's earnings for 2024 to be $1,341,492,270, with the lowest EMN earnings forecast at $1,157,907,013, and the highest EMN earnings forecast at $1,439,884,368.

In 2025, EMN is forecast to generate $1,415,886,295 in earnings, with the lowest earnings forecast at $1,415,886,295 and the highest earnings forecast at $1,415,886,295.

What is EMN's revenue growth forecast for 2023-2025?

(NYSE: EMN) Eastman Chemical Co's forecast annual revenue growth rate of -0.47% is not forecast to beat the US Chemicals industry's average forecast revenue growth rate of 14.02%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.92%.

Eastman Chemical Co's revenue in 2023 is $10,901,000,000.On average, 8 Wall Street analysts forecast EMN's revenue for 2023 to be $1,281,064,642,248, with the lowest EMN revenue forecast at $1,229,901,231,000, and the highest EMN revenue forecast at $1,322,484,595,959. On average, 4 Wall Street analysts forecast EMN's revenue for 2024 to be $1,309,346,491,033, with the lowest EMN revenue forecast at $1,206,383,119,656, and the highest EMN revenue forecast at $1,406,032,686,508.

In 2025, EMN is forecast to generate $1,280,177,193,516 in revenue, with the lowest revenue forecast at $1,280,177,193,516 and the highest revenue forecast at $1,280,177,193,516.

What is EMN's forecast return on assets (ROA) for 2023-2025?

(NYSE: EMN) forecast ROA is 9.45%, which is lower than the forecast US Chemicals industry average of 18.23%.

What is EMN's Price Target?

According to 17 Wall Street analysts that have issued a 1 year EMN price target, the average EMN price target is $97.35, with the highest EMN stock price forecast at $115.00 and the lowest EMN stock price forecast at $80.00.

On average, Wall Street analysts predict that Eastman Chemical Co's share price could reach $97.35 by Jan 27, 2024. The average Eastman Chemical Co stock price prediction forecasts a potential upside of 12.13% from the current EMN share price of $86.82.

What is EMN's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: EMN) Eastman Chemical Co's current Earnings Per Share (EPS) is $9.17. On average, analysts forecast that EMN's EPS will be $10.30 for 2023, with the lowest EPS forecast at $9.46, and the highest EPS forecast at $10.86. On average, analysts forecast that EMN's EPS will be $11.18 for 2024, with the lowest EPS forecast at $9.65, and the highest EPS forecast at $12.00. In 2025, EMN's EPS is forecast to hit $11.80 (min: $11.80, max: $11.80).

What is EMN's forecast return on equity (ROE) for 2023-2025?

(NYSE: EMN) forecast ROE is 26.3%, which is considered strong.
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