Top Wall Street Forecasters Revamp Westlake Price Expectations Ahead Of Q4 Earnings

Westlake Corporation WLK will release its fourth-quarter financial results, before the opening bell, on Monday, Feb. 24, 2025.

Analysts expect the Houston, Texas-based company to report quarterly earnings at $1.17 per share, up from 53 cents per share in the year-ago period. Westlake projects quarterly revenue of $2.97 billion, compared to $2.83 billion a year earlier, according to data from Benzinga Pro.

On Nov. 5, the company posted weaker-than-expected third-quarter earnings.

Westlake shares fell 1.9% to close at $111.40 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Citigroup analyst Patrick Cunningham upgraded the stock from Neutral to Buy and cut the price target from $152 to $140 on Dec. 18, 2024. This analyst has an accuracy rate of 63%.
BMO Capital analyst John McNulty maintained a Market Perform rating and lowered the price target from $171 to $165 on Nov. 13, 2024. This analyst has an accuracy rate of 63%.
UBS analyst Joshua Raskin maintained a Neutral rating and cut the price target from $160 to $144 on Nov. 6, 2024. This analyst has an accuracy rate of 80%.
Wells Fargo analyst Michael Sison maintained an Overweight rating and cut the price target from $180 to $160 on Nov. 6, 2024. This analyst has an accuracy rate of 67%.
JP Morgan analyst Jeffrey Zekauskas maintained an Underweight rating and raised the price target from $123 to $135 on Aug. 15, 2024. This analyst has an accuracy rate of 67%.

Considering buying WLK stock? Here’s what analysts think: