Celanese (NYSE:CE) Price Target Raised to $68.00

Celanese (NYSE:CE) had its price objective hoisted by JPMorgan Chase & Co. from $53.00 to $68.00 in a research note published on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the basic materials company’s stock.

Several other research firms have also recently issued reports on CE. Mizuho boosted their target price on shares of Celanese from $58.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday. UBS Group boosted their target price on shares of Celanese from $58.00 to $64.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Jefferies Financial Group upgraded shares of Celanese from a “hold” rating to a “buy” rating and set a $86.00 target price for the company in a research note on Thursday, February 5th. Robert W. Baird boosted their target price on shares of Celanese from $65.00 to $75.00 and gave the company an “outperform” rating in a research note on Friday, March 27th. Finally, Morgan Stanley boosted their target price on shares of Celanese from $50.00 to $72.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. Nine investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $67.35.

Celanese Stock Down 2.1%

CE stock opened at $57.20 on Thursday. The firm’s fifty day simple moving average is $60.36 and its 200-day simple moving average is $49.97. The company has a market capitalization of $6.27 billion, a P/E ratio of -5.71, a price-to-earnings-growth ratio of 0.36 and a beta of 0.81. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.38 and a quick ratio of 0.94. Celanese has a 12 month low of $35.13 and a 12 month high of $70.70.

Celanese (NYSE:CE) last released its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.03). The business had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Celanese had a negative net margin of 11.54% and a positive return on equity of 9.92%. The firm’s revenue was down 2.2% on a year-over-year basis. During the same period last year, the company earned $0.57 earnings per share. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, equities research analysts forecast that Celanese will post 5.45 earnings per share for the current year.

Celanese Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Monday, April 27th will be given a dividend of $0.03 per share. The ex-dividend date is Monday, April 27th. This represents a $0.12 dividend on an annualized basis and a yield of 0.2%. Celanese’s dividend payout ratio is currently -1.20%.

Hedge Funds Weigh In On Celanese

A number of large investors have recently added to or reduced their stakes in CE. Geneos Wealth Management Inc. raised its position in Celanese by 111.1% during the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 270 shares during the period. National Bank of Canada FI acquired a new position in Celanese during the third quarter worth $34,000. Versant Capital Management Inc raised its position in Celanese by 140.4% during the third quarter. Versant Capital Management Inc now owns 827 shares of the basic materials company’s stock worth $35,000 after acquiring an additional 483 shares during the period. Hartford Financial Management Inc. raised its position in Celanese by 350.5% during the fourth quarter. Hartford Financial Management Inc. now owns 901 shares of the basic materials company’s stock worth $38,000 after acquiring an additional 701 shares during the period. Finally, Smartleaf Asset Management LLC raised its position in Celanese by 100.0% during the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock worth $38,000 after acquiring an additional 331 shares during the period. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Celanese News Roundup

Here are the key news stories impacting Celanese this week:

• Positive Sentiment: Wells Fargo raised its price target on Celanese to $80 from $75 and reiterated an overweight rating, signaling confidence in upside from current levels. Wells Fargo target raise
• Positive Sentiment: Mizuho also increased its price target on Celanese to $65, adding to the recent analyst optimism around the stock. Mizuho target raise
• Positive Sentiment: JPMorgan and Citigroup both lifted their targets on Celanese as well, and Citi kept a buy rating, suggesting analysts see recovery potential despite near-term volatility. JPMorgan and Citigroup target changes
• Positive Sentiment: Several research notes and earnings-call coverage highlight expectations for stronger earnings in the second half of 2026, including a target of $3 EPS in 2H 2026 tied to Celanese’s Nylon 66 savings plan. 2H 2026 EPS and savings plan
• Neutral Sentiment: Celanese’s Q1 earnings transcript and snapshot drew attention after the company reported results that missed analyst expectations, keeping sentiment mixed as investors assess the earnings outlook. Q1 2026 earnings call transcript
• Negative Sentiment: The biggest negative for Celanese is the earnings miss, which has been weighing on the stock and appears to be driving today’s weaker trading despite the analyst support. Earnings missed analyst estimates

About Celanese

Celanese Corporation is a global chemical and specialty materials company that develops, manufactures and markets a broad portfolio of products serving diverse industries. The company operates through two primary business segments—Engineered Materials and Acetyl Chain—offering solutions that range from high-performance polymers and specialty additives to industrial chemicals and intermediates. Its engineered materials are used in applications such as automotive components, consumer electronics, medical devices and packaging, while its acetyl derivatives find uses in coatings, adhesives, solvents and personal care products.

In the Engineered Materials segment, Celanese produces a variety of high-performance thermoplastics, polyether-block-amide (PEBA) elastomers and functional additives designed to enhance product durability, thermal resistance and sustainability.