
Calumet Inc (CLMT) Stock Forecast & Price Target
Calumet Inc (CLMT) Analyst Ratings
Bulls say
Calumet Inc. is projected to see a significant increase in adjusted EBITDA, with expectations for growth from $151 million in 2024 to $482 million in 2025, and potentially reaching approximately $750 million by 2028, driven by high-margin renewable diesel (RD) and sustainable aviation fuel (SAF) sales. The company anticipates improvements in gross margins, forecasted to rise from 6% in 2024 to over 9% by 2026, supported by a strengthened balance sheet and substantial annual cost savings in debt service. Furthermore, the upcoming release of a $1.44 billion Department of Energy loan is expected to enhance production capabilities and create strategic opportunities for monetizing the Montana Renewables segment, allowing Calumet to capitalize on the growing demand for renewable fuels.
Bears say
Calumet Inc. has faced significant challenges with recent revenue streams, as evidenced by the Industry MarketIndex dropping from a historical average of $2.00/gallon to around $1.00/gallon, indicating a sustained period of depressed pricing in the market. The company reported a net loss of $40.7 million for the quarter, although this represented an improvement over the $49.1 million loss recorded in the previous quarter. These financial metrics, combined with the ongoing struggles in maintaining profitability, contribute to a negative outlook for Calumet's stock.
This aggregate rating is based on analysts' research of Calumet Inc and is not a guaranteed prediction by Public.com or investment advice.
Calumet Inc (CLMT) Analyst Forecast & Price Prediction
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