JP Morgan Upgrades Celanese to Neutral, Lowers Price Target to $130
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 05 2024
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Should l Buy CE?
Source: Benzinga
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Analyst Views on CE
Wall Street analysts forecast CE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CE is 54.78 USD with a low forecast of 43.00 USD and a high forecast of 75.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
4 Buy
6 Hold
0 Sell
Moderate Buy
Current: 52.060
Low
43.00
Averages
54.78
High
75.00
Current: 52.060
Low
43.00
Averages
54.78
High
75.00
About CE
Celanese Corporation is a global chemical and specialty materials company. The Company is a global producer of engineered polymers that are used in a variety of applications. Its segments include Engineered Materials and the Acetyl Chain. The Company's Engineered Materials segment includes the engineered materials business and certain strategic affiliates. The Engineered Materials business develops, produces and supplies a broad portfolio of high-performance specialty polymers for automotive and medical applications, as well as industrial products and consumer electronics. The Company's Acetyl Chain segment includes the integrated chain of acetic acid, vinyl acetate monomer (VAM), acetic anhydride, acetate esters, emulsion polymers, ethylene vinyl acetate (EVA) polymers, redispersible powders (RDP), and acetate tow businesses. The Acetyl Chain business produces and supplies acetyl products, including acetic acid, VAM, acetic anhydride and acetate esters.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Celanese Completes Divestiture of Micromax Business
- Significant Transaction Value: Celanese has completed the divestiture of its Micromax business for approximately $500 million in cash, which not only strengthens the company's balance sheet but also provides funding for future deleveraging efforts.
- Clear Strategic Priorities: CEO Scott Richardson stated that this transaction reflects the company's commitment to cash generation and deleveraging, while also laying the groundwork for the Micromax team to continue its development under Element Solutions.
- Industry Leadership: As a global leader in chemistry, Celanese is dedicated to providing specialty material solutions across major industries and consumer applications, and this divestiture is expected to further optimize its business portfolio.
- Commitment to Sustainability: Celanese emphasizes its efforts in sustainability by responsibly managing materials and expanding its portfolio of sustainable products to meet customer and societal demands, showcasing its positive impact on communities.
See More
Celanese Corporation (NYSE: CE) Announces Price Increase for Polyamide Products Effective February 1, 2026
- Price Announcement: Celanese has announced a price increase for polyamide products due to rising energy and feedstock costs, with effective increases of $0.25/kg for Polyamide-6 and $0.20/kg for Polyamide-6,6 starting February 1, 2026, aimed at alleviating cost pressures and maintaining profitability.
- Regional Supply Chain Advantage: In the current dynamic market environment, Celanese is well-positioned to support customer needs through its regional supply chains and manufacturing capabilities, ensuring product supply stability and enhancing customer trust and market competitiveness.
- Sustainability Commitment: Celanese is committed to sustainability by responsibly managing materials and expanding its portfolio of sustainable products to meet customer and societal demands, further enhancing its brand image and market recognition.
- Company Scale and Impact: As a Fortune 500 company, Celanese employs over 11,000 people globally, with projected net sales of $10.3 billion in 2024, demonstrating its strong market position in the chemicals and specialty materials sector.
See More
Celanese Corporation (NYSE:CE) Announces Price Increase for Polyamide Products Effective February 2026
- Price Increase Rationale: Celanese announces a price increase for polyamide products due to rising energy and feedstock costs, with increases of $0.25/kg in the Americas and €0.25/kg in EMEA, demonstrating the company's responsiveness to market dynamics.
- Implementation Timeline: The price adjustments will take effect on February 1, 2026, or as contracts allow, indicating the company's flexibility in contract management to adapt to market changes.
- Product Range: The price increase applies to various polyamide products, including Zytel®, Frianyl®, and Celanyl®, reflecting the company's extensive influence and product diversity across multiple market segments.
- Company Overview: Celanese is a global leader in specialty materials and chemicals, with projected net sales of $10.3 billion in 2024, showcasing its strong market position and commitment to sustainability.
See More
CELANESE CORP ANNOUNCES POLYAMIDE-6 PRICE HIKES: $0.25/KG IN THE AMERICAS, €0.25/KG IN EMEA
- Price Increase Announcement: Celanese Corporation has announced a price increase for its Polyamide-6 products.
- Regional Pricing Details: The new prices will be $0.25 per kilogram in the Americas and €0.25 per kilogram in the EMEA region.
See More
CELANESE CORP TO RAISE POLYAMIDE PRICES STARTING FEBRUARY 1, 2026
- Price Increase Announcement: Celanese Corporation has announced a price increase for its polyamide products.
- Effective Date: The new pricing will take effect on February 1, 2026.
See More
Celanese to Release Q4 2025 Earnings on February 18, 2026
- Earnings Call Schedule: Celanese will host a conference call on February 18, 2026, at 9:00 a.m. ET to discuss its Q4 2025 financial results, which is expected to provide investors with critical performance data and future outlook.
- Webcast and Dial-In Access: The call will be available via webcast and phone, allowing global investors to participate by dialing 1-877-407-0989 or 1-201-389-0921, ensuring timely access to information.
- Pre-Earnings Release Insight: The company will issue its Q4 earnings press release after the NYSE closes on February 17, 2026, providing detailed financial data and management commentary to assist market analysis of the company's performance.
- Replay Availability: A replay of the conference call will be accessible from February 18, 2026, at 11:00 a.m. until March 4, 2026, at 11:00 a.m., allowing investors who missed the live event to catch up on important information by calling 1-877-660-6853 with passcode 13757868.
See More
Celanese Completes Divestiture of Micromax Business
- Significant Transaction Value: Celanese has completed the divestiture of its Micromax business for approximately $500 million in cash, which not only strengthens the company's balance sheet but also provides funding for future deleveraging efforts.
- Clear Strategic Priorities: CEO Scott Richardson stated that this transaction reflects the company's commitment to cash generation and deleveraging, while also laying the groundwork for the Micromax team to continue its development under Element Solutions.
- Industry Leadership: As a global leader in chemistry, Celanese is dedicated to providing specialty material solutions across major industries and consumer applications, and this divestiture is expected to further optimize its business portfolio.
- Commitment to Sustainability: Celanese emphasizes its efforts in sustainability by responsibly managing materials and expanding its portfolio of sustainable products to meet customer and societal demands, showcasing its positive impact on communities.
See More
Celanese Corporation (NYSE: CE) Announces Price Increase for Polyamide Products Effective February 1, 2026
- Price Announcement: Celanese has announced a price increase for polyamide products due to rising energy and feedstock costs, with effective increases of $0.25/kg for Polyamide-6 and $0.20/kg for Polyamide-6,6 starting February 1, 2026, aimed at alleviating cost pressures and maintaining profitability.
- Regional Supply Chain Advantage: In the current dynamic market environment, Celanese is well-positioned to support customer needs through its regional supply chains and manufacturing capabilities, ensuring product supply stability and enhancing customer trust and market competitiveness.
- Sustainability Commitment: Celanese is committed to sustainability by responsibly managing materials and expanding its portfolio of sustainable products to meet customer and societal demands, further enhancing its brand image and market recognition.
- Company Scale and Impact: As a Fortune 500 company, Celanese employs over 11,000 people globally, with projected net sales of $10.3 billion in 2024, demonstrating its strong market position in the chemicals and specialty materials sector.
See More
Celanese Corporation (NYSE:CE) Announces Price Increase for Polyamide Products Effective February 2026
- Price Increase Rationale: Celanese announces a price increase for polyamide products due to rising energy and feedstock costs, with increases of $0.25/kg in the Americas and €0.25/kg in EMEA, demonstrating the company's responsiveness to market dynamics.
- Implementation Timeline: The price adjustments will take effect on February 1, 2026, or as contracts allow, indicating the company's flexibility in contract management to adapt to market changes.
- Product Range: The price increase applies to various polyamide products, including Zytel®, Frianyl®, and Celanyl®, reflecting the company's extensive influence and product diversity across multiple market segments.
- Company Overview: Celanese is a global leader in specialty materials and chemicals, with projected net sales of $10.3 billion in 2024, showcasing its strong market position and commitment to sustainability.
See More
CELANESE CORP ANNOUNCES POLYAMIDE-6 PRICE HIKES: $0.25/KG IN THE AMERICAS, €0.25/KG IN EMEA
- Price Increase Announcement: Celanese Corporation has announced a price increase for its Polyamide-6 products.
- Regional Pricing Details: The new prices will be $0.25 per kilogram in the Americas and €0.25 per kilogram in the EMEA region.
See More
CELANESE CORP TO RAISE POLYAMIDE PRICES STARTING FEBRUARY 1, 2026
- Price Increase Announcement: Celanese Corporation has announced a price increase for its polyamide products.
- Effective Date: The new pricing will take effect on February 1, 2026.
See More
Celanese to Release Q4 2025 Earnings on February 18, 2026
- Earnings Call Schedule: Celanese will host a conference call on February 18, 2026, at 9:00 a.m. ET to discuss its Q4 2025 financial results, which is expected to provide investors with critical performance data and future outlook.
- Webcast and Dial-In Access: The call will be available via webcast and phone, allowing global investors to participate by dialing 1-877-407-0989 or 1-201-389-0921, ensuring timely access to information.
- Pre-Earnings Release Insight: The company will issue its Q4 earnings press release after the NYSE closes on February 17, 2026, providing detailed financial data and management commentary to assist market analysis of the company's performance.
- Replay Availability: A replay of the conference call will be accessible from February 18, 2026, at 11:00 a.m. until March 4, 2026, at 11:00 a.m., allowing investors who missed the live event to catch up on important information by calling 1-877-660-6853 with passcode 13757868.
See More
