Eastman Chemical (NYSE:EMN) Price Target Raised to $74.00

Posted by George Bondi on Nov 2nd, 2026

Eastman Chemical (NYSE:EMN – Get Free Report) had its price target boosted by analysts at Barclays from $72.00 to $74.00 in a report issued on Monday, Benzinga reports. The brokerage presently has an “equal weight” rating on the basic materials company’s stock. Barclays‘s price target indicates a potential upside of 10.82% from the company’s current price.

A number of other brokerages have also commented on EMN. Royal Bank Of Canada decreased their price target on shares of Eastman Chemical from $74.00 to $65.00 and set a “sector perform” rating on the stock in a research note on Tuesday, October 13th. Wells Fargo & Company set a $68.00 price objective on shares of Eastman Chemical in a research report on Friday, October 16th. Wall Street Zen cut Eastman Chemical from a “buy” rating to a “hold” rating in a report on Saturday, September 12th. JPMorgan Chase & Co. decreased their target price on Eastman Chemical from $66.00 to $65.00 and set a “neutral” rating on the stock in a research report on Monday. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $72.00 target price on shares of Eastman Chemical in a research report on Monday. Six investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $74.50.

View Our Latest Stock Report on EMN

Eastman Chemical Stock Performance

Shares of NYSE:EMN traded up $0.25 on Monday, hitting $66.78. The company had a trading volume of 1,705,174 shares, compared to its average volume of 1,387,352. Eastman Chemical has a 1-year low of $56.11 and a 1-year high of $83.47. The stock has a market cap of $7.64 billion, a price-to-earnings ratio of 11.86, a P/E/G ratio of 0.91 and a beta of 1.06. The stock has a 50 day moving average price of $66.85 and a 200 day moving average price of $70.92. The company has a current ratio of 1.50, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72.

Eastman Chemical (NYSE:EMN – Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The basic materials company reported $1.84 earnings per share for the quarter, missing the consensus estimate of $1.92 by ($0.08). The company had revenue of $2.38 billion during the quarter, compared to the consensus estimate of $2.41 billion. Eastman Chemical had a net margin of 7.15% and a return on equity of 10.69%. Eastman Chemical’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.14 earnings per share. Analysts expect that Eastman Chemical will post 6.05 EPS for the current year.

Institutional Trading of Eastman Chemical

Several hedge funds and other institutional investors have recently bought and sold shares of EMN. BlackRock Inc. acquired a new stake in shares of Eastman Chemical in the second quarter valued at approximately $1,134,421,000. Legal & General Group Plc acquired a new stake in Eastman Chemical during the second quarter worth approximately $87,583,000. Bank of New York Mellon Corp bought a new position in Eastman Chemical during the 2nd quarter worth $81,645,000. Allspring Global Investments Holdings LLC increased its stake in Eastman Chemical by 39.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,592,691 shares of the basic materials company’s stock worth $196,552,000 after acquiring an additional 732,693 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Eastman Chemical by 7.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,936,789 shares of the basic materials company’s stock worth $376,747,000 after acquiring an additional 338,914 shares during the period. Institutional investors and hedge funds own 83.65% of the company’s stock.

About Eastman Chemical

(Get Free Report)

Eastman Chemical Company (NYSE: EMN) is a global specialty materials and chemicals company that develops and manufactures products used in transportation, building and construction, consumer goods, medical products, packaging, and other industrial applications. Its portfolio includes specialty plastics, coatings, adhesives, fibers, additives, intermediates, and other performance materials.

The company’s products are designed to provide properties such as durability, chemical resistance, lightweight performance, clarity, and enhanced functionality.