UBS cut target for Eastman Chemical stock from USD 92.00 to USD 77.00

Published on 10/08/2026 at 13:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 9.90 percent to USD 2.51 billion. Eastman Chemical stock costs EUR 56.28 on October 8, 2026 after EUR 56.30.

EMN, US2774321002, Illustration mit AI erstellt.

Eastman Chemical Company (US2774321002) was at EUR 56.28 at Lang & Schwarz on October 8, 2026 at 1:02 p.m. CEST. The market is weighing a fresh analyst target cut against stronger second-quarter operating figures.

UBS cuts its target

UBS cut its Eastman Chemical price target from USD 92.00 to USD 77.00 on October 5, 2026, while maintaining a Buy rating, as reported by Markets Insider. The change leaves the target below the earlier USD 92.00 level but above the USD 77.00 replacement target.

The target reduction matters because the wider analyst picture is less negative than the single cut suggests. MarketBeat reported on October 6, 2026 that 15 analysts had eight Hold ratings and seven Buy ratings, with an average target of USD 77.69.

Revenue beats the estimate

Eastman Chemical reported USD 2.51 billion of revenue in the second quarter of 2026, up 9.90 percent year over year, according to MarketBeat. Revenue also exceeded the USD 2.40 billion consensus estimate by USD 0.11 billion.

Earnings per share came in at USD 1.97, above the USD 1.82 consensus estimate by USD 0.15, while the year-earlier figure was USD 1.60. That comparison gives the upcoming report a demanding benchmark, even as the second-quarter revenue trend provides a stronger operating reference.

October 29 sets the next test

Eastman Chemical plans to release third-quarter 2026 financial results on October 29, 2026, at approximately 4:15 p.m. Eastern Time, according to the Financial Times company announcement dated October 6, 2026. The webcast and teleconference are scheduled for October 30, 2026.

For investors, the key comparison will be whether the next quarter can extend the 9.90 percent year-over-year revenue growth reported for the second quarter. The USD 77.69 average analyst target is only one part of that test because the latest UBS target stands at USD 77.00.

Stock stays near its yearly floor

Eastman Chemical had a USD 56.11 to USD 83.47 52-week range on October 6, 2026, while its market capitalization was USD 7.2 billion on October 7, 2026. The Lang & Schwarz euro quote therefore sits close to the lower end of the company's separate US-dollar trading range, but the currencies and venues should not be combined.

At Lang & Schwarz, Eastman Chemical stock was trading at EUR 56.28 on October 8, 2026 at 1:02 p.m. CEST, minus 0.04 percent versus the prior close of EUR 56.30 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Eastman Chemical stock.