Tender Offer Announcement: Westlake Corporation announced the expiration of its cash tender offer for the outstanding 3.600% Senior Notes due 2026, which expired on November 10, 2025, with a settlement date expected around November 12, 2025.
Tendered Amounts: A total of $253,730,000 of the Notes were validly tendered before the expiration, with an additional $10,733,000 reflected in Notices of Guaranteed Delivery, subject to compliance with delivery requirements.
Consideration for Holders: Holders of the Notes who tendered them will receive $996.32 in cash for each $1,000 principal amount, along with accrued interest up to the settlement date, with specific conditions for those using Guaranteed Delivery Procedures.
No Recommendations Made: Westlake and associated parties do not provide recommendations on whether holders should tender their Notes, emphasizing that holders must make their own decisions regarding the tender offer.
WLK
$73.34+Infinity%1D
Analyst Views on WLK
Wall Street analysts forecast WLK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WLK is 82.67 USD with a low forecast of 75.00 USD and a high forecast of 93.00 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.
13 Analyst Rating
Wall Street analysts forecast WLK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WLK is 82.67 USD with a low forecast of 75.00 USD and a high forecast of 93.00 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.
7 Buy
6 Hold
0 Sell
Moderate Buy
Current: 73.630
Low
75.00
Averages
82.67
High
93.00
Current: 73.630
Low
75.00
Averages
82.67
High
93.00
BofA
Buy
maintain
$84 -> $83
2025-12-16
New
Reason
BofA
Price Target
$84 -> $83
2025-12-16
New
maintain
Buy
Reason
BofA lowered the firm's price target on Westlake to $83 from $84 and keeps a Buy rating on the shares after the company announced a plan to shut down several production facilities in North America as part of a broader restructuring initiative. Despite adding $100M to the firm's 2026 EBITDA bridge from the actions, the firm is lowering its 2026 EBITDA estimate to $1.48B from $1.552B, given lower assumed product pricing and higher feedstock costs.
Morgan Stanley
Vincent Andrews
Equal Weight
downgrade
$90 -> $80
2025-12-15
New
Reason
Morgan Stanley
Vincent Andrews
Price Target
$90 -> $80
2025-12-15
New
downgrade
Equal Weight
Reason
Morgan Stanley analyst Vincent Andrews lowered the firm's price target on Westlake to $80 from $90 and keeps an Equal Weight rating on the shares. Q4 results are likely to be below the firm's and consensus estimates due to feedstock costs, spread compression and slow construction, the analyst tells investors in a preview.
Citi
Patrick Cunningham
Buy
downgrade
$88 -> $75
2025-11-19
Reason
Citi
Patrick Cunningham
Price Target
$88 -> $75
2025-11-19
downgrade
Buy
Reason
Citi analyst Patrick Cunningham lowered the firm's price target on Westlake to $75 from $88 and keeps a Buy rating on the shares. The firm reduced estimates for the chemical names to reflect discounting on polyethylene. The contract discounts reflect a worsening demand environment and bearish setup for the PE-exposed names in 2026, the analyst tells investors in a research note.
Alembic Global
Overweight
downgrade
$100 -> $80
2025-11-17
Reason
Alembic Global
Price Target
$100 -> $80
2025-11-17
downgrade
Overweight
Reason
Alembic Global lowered the firm's price target on Westlake to $80 from $100 and keeps an Overweight rating on the shares.
About WLK
Westlake Corporation is a global manufacturer and supplier of materials and products that enhance life every day. With operations in Asia, Europe, and North America, it provides building blocks for solutions from housing and construction to packaging and healthcare to automotive and the consumer. Its segments include Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials include Westlake North American Vinyls, Westlake North American Chlor-alkali & Derivatives, Westlake European & Asian Chlorovinyls, Westlake Olefins, Westlake Polyethylene and Westlake Epoxy. The Housing and Infrastructure Products include Westlake Royal Building Products, Westlake Pipe and Fittings, Westlake Global Compounds and Westlake Dimex. Its products are used in diverse consumer and industrial markets, including residential construction, automotive products, water treatment, wind turbines, coatings as well as other durable and non-durable goods.
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.
