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NYSE: WLK
Westlake Corp Stock Forecast, Predictions & Price Target

Analyst price target for WLK

Based on 14 analysts offering 12 month price targets for Westlake Corp.
Min Forecast
$95.00-21.29%
Avg Forecast
$117.50-2.64%
Max Forecast
$160.00+32.57%

Should I buy or sell WLK stock?

Based on 15 analysts offering ratings for Westlake Corp.
Hold
Strong Buy
3 analysts 20%
Buy
2 analysts 13.33%
Hold
8 analysts 53.33%
Sell
1 analysts 6.67%
Strong Sell
1 analysts 6.67%

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WLK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
KeyBanc
Top 6%
95
Strong SellMaintains$95.00-21.29%2023-01-12
UBS
Top 10%
91
HoldMaintains$115.00-4.71%2023-01-11
Goldman Sachs
Top 25%
76
HoldMaintains$114.00-5.54%2022-12-15
Wells Fargo
Top 11%
90
Strong BuyMaintains$125.00+3.57%2022-11-16
JP Morgan
Top 6%
95
HoldDowngrades$109.00-9.69%2022-11-15
Barclays
Bottom 24%
24
HoldMaintains$118.00-2.23%2022-11-14
Morgan Stanley
Top 45%
56
HoldMaintains$110.00-8.86%2022-11-07
RBC Capital
Top 20%
81
BuyMaintains$113.00-6.37%2022-11-07
Deutsche Bank
Top 3%
98
HoldMaintains$105.00-13.00%2022-11-07
ScotiaBank
Top 22%
79
SellDowngradesN/AN/A2022-11-07

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Forecast return on equity

Is WLK forecast to generate an efficient return?
Company
22.35%
Industry
36.55%
Market
49.29%
WLK's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is WLK forecast to generate an efficient return on assets?
Company
10.53%
Industry
10.49%
WLK is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

WLK earnings per share forecast

What is WLK's earnings per share in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$15.28-26%
Avg 2 year Forecast
$16.86-18.35%
WLK's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

WLK revenue forecast

What is WLK's revenue in the next 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$14.9B-6.69%
Avg 2 year Forecast
$14.9B-6.64%
WLK's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

WLK earnings growth forecast

How is WLK forecast to perform vs Specialty Chemicals companies and vs the US market?
Company
-26%
Industry
51.93%
Market
85.4%
WLK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
WLK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
WLK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

WLK revenue growth forecast

How is WLK forecast to perform vs Specialty Chemicals companies and vs the US market?
Company
-6.69%
Industry
7.09%
Market
71.5%
WLK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
WLK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

WLK vs Specialty Chemical Stocks

TickerPricePrice TargetUp/downsideConsensus
WLK$120.69$117.50-2.64%Hold
AVTR$24.10$28.27+17.32%Strong Buy
RPM$87.99$96.88+10.10%Hold
OLN$62.64$60.50-3.42%Buy
AXTA$29.27$29.50+0.79%Buy

Westlake Stock Forecast FAQ

Is Westlake Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NYSE: WLK) stock is to Hold WLK stock.

Out of 15 analysts, 3 (20%) are recommending WLK as a Strong Buy, 2 (13.33%) are recommending WLK as a Buy, 8 (53.33%) are recommending WLK as a Hold, 1 (6.67%) are recommending WLK as a Sell, and 1 (6.67%) are recommending WLK as a Strong Sell.

If you're new to stock investing, here's how to buy Westlake stock.

What is WLK's earnings growth forecast for 2023-2024?

(NYSE: WLK) Westlake's forecast annual earnings growth rate of -26% is not forecast to beat the US Specialty Chemicals industry's average forecast earnings growth rate of 51.93%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 85.4%.

Westlake's earnings in 2023 is $2,659,000,000.On average, 6 Wall Street analysts forecast WLK's earnings for 2023 to be $1,948,774,513, with the lowest WLK earnings forecast at $1,410,565,845, and the highest WLK earnings forecast at $2,464,026,413.

In 2024, WLK is forecast to generate $2,150,283,919 in earnings, with the lowest earnings forecast at $1,942,397,633 and the highest earnings forecast at $2,359,445,582.

What is WLK's revenue growth forecast for 2023-2024?

(NYSE: WLK) Westlake's forecast annual revenue growth rate of -6.69% is not forecast to beat the US Specialty Chemicals industry's average forecast revenue growth rate of 7.09%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 71.5%.

Westlake's revenue in 2023 is $16,002,000,000.On average, 6 Wall Street analysts forecast WLK's revenue for 2023 to be $1,904,385,434,001, with the lowest WLK revenue forecast at $1,771,177,130,737, and the highest WLK revenue forecast at $2,016,546,717,453.

In 2024, WLK is forecast to generate $1,905,290,823,416 in revenue, with the lowest revenue forecast at $1,730,277,735,801 and the highest revenue forecast at $2,080,304,038,569.

What is WLK's forecast return on assets (ROA) for 2023-2024?

(NYSE: WLK) forecast ROA is 10.53%, which is higher than the forecast US Specialty Chemicals industry average of 10.49%.

What is WLK's Price Target?

According to 14 Wall Street analysts that have issued a 1 year WLK price target, the average WLK price target is $117.50, with the highest WLK stock price forecast at $160.00 and the lowest WLK stock price forecast at $95.00.

On average, Wall Street analysts predict that Westlake's share price could fall to $117.50 by Jan 12, 2024. The average Westlake stock price prediction forecasts a potential downside of 2.64% from the current WLK share price of $120.69.

What is WLK's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: WLK) Westlake's current Earnings Per Share (EPS) is $20.65. On average, analysts forecast that WLK's EPS will be $15.28 for 2023, with the lowest EPS forecast at $11.06, and the highest EPS forecast at $19.32. In 2024, WLK's EPS is forecast to hit $16.86 (min: $15.23, max: $18.50).

What is WLK's forecast return on equity (ROE) for 2023-2024?

(NYSE: WLK) forecast ROE is 22.35%, which is considered strong.
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