Celanese (NYSE:CE) Given New $68.00 Price Target at JPMorgan Chase & Co.

Celanese (NYSE:CE) had its price target upped by JPMorgan Chase & Co. from $53.00 to $68.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 15.80% from the stock’s current price.

CE has been the subject of a number of other research reports. UBS Group raised their price target on Celanese from $58.00 to $64.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Vertical Research upgraded Celanese from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a report on Monday, March 9th. Zacks Research upgraded Celanese from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. Wells Fargo & Company increased their price objective on Celanese from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Friday, April 10th. Finally, Royal Bank Of Canada set a $66.00 price objective on Celanese and gave the stock a “sector perform” rating in a report on Friday, April 10th. Nine equities research 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. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $67.29.

Celanese Trading Down 5.5%

CE stock traded down $3.40 on Thursday, reaching $58.72. The company’s stock had a trading volume of 2,125,795 shares, compared to its average volume of 2,493,166. The business has a fifty day simple moving average of $60.25 and a two-hundred day simple moving average of $49.85. Celanese has a 12-month low of $35.13 and a 12-month high of $70.70. The firm has a market cap of $6.43 billion, a PE ratio of -5.88, a PEG ratio of 0.43 and a beta of 0.81. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.94 and a current ratio of 1.55.

Celanese (NYSE:CE) last announced its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). Celanese had a positive return on equity of 9.74% and a negative net margin of 11.54%.The business had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the previous year, the business earned $0.57 EPS. The business’s revenue was down 2.2% compared to the same quarter last year. Celanese has set its Q2 2026 guidance at 2.000-2.400 EPS. As a group, research analysts forecast that Celanese will post 5.4 EPS for the current year.

Hedge Funds Weigh In On Celanese

Several institutional investors and hedge funds have recently modified their holdings of CE. Geneos Wealth Management Inc. increased its holdings in shares of Celanese by 111.1% during the second quarter. Geneos Wealth Management Inc. now owns 513 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 270 shares in the last quarter. National Bank of Canada FI bought a new position in shares of Celanese during the third quarter valued at $34,000. Versant Capital Management Inc increased its holdings in shares of Celanese by 140.4% during the third quarter. Versant Capital Management Inc now owns 827 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 483 shares in the last quarter. Hartford Financial Management Inc. increased its holdings in shares of Celanese by 350.5% during the fourth quarter. Hartford Financial Management Inc. now owns 901 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 701 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Celanese by 100.0% during the second quarter. Smartleaf Asset Management LLC now owns 662 shares of the basic materials company’s stock valued at $38,000 after acquiring an additional 331 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors.

Celanese News Summary

Here are the key news stories impacting Celanese this week:

• Positive Sentiment: Company issued strong Q2 2026 EPS guidance of $2.00–$2.40, well above the Street consensus (1.54), signaling a materially stronger back half and giving investors forward earnings visibility. Q2 Guidance / Press Deck
• Positive Sentiment: Major sell-side support: Morgan Stanley published a bullish price target (cited as $72) and other firms have raised targets recently (median ~ $68), providing upside narrative for investors. This analyst momentum can support the stock on the guidance beat expectation. Morgan Stanley Forecast
• Positive Sentiment: Operational actions: Celanese outlined strategic nylon uplift initiatives and a $30M Nylon‑66 savings plan aimed at improving margins in engineered materials, plus targeted ~$3 EPS in 2H 2026 — concrete cost actions that support margin recovery. Nylon Initiatives
• Neutral Sentiment: Balance sheet / cash flow improved: operating cash rose sharply year-over‑year and cash balances increased materially, which reduces near‑term liquidity risk and supports buybacks/deleveraging optionality. Q1 Cash Flow Summary
• Neutral Sentiment: R&D / sustainability collaboration: Celanese and SharpCell announced CCU work for airlaid nonwovens/pulp & paper — positive for longer‑term product differentiation but unlikely to move near‑term results materially. CCU Collaboration
• Negative Sentiment: Q1 reported results were mixed and missed near-term expectations: EPS missed consensus (~$0.85 vs $0.88) and revenue was down ~2.2% year‑over‑year, prompting investor caution on demand trends. Market commentary highlights the miss despite some operating profit improvement. Earnings Transcript
• Negative Sentiment: Relative performance: market reports show CE underperformed peers on the session, suggesting investors may be rotating into other cyclicals or penalizing near‑term EPS misses despite upbeat guidance. Underperformance Note

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.