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CLMT Stock Forecast: Calumet, Inc. Price Predictions for 2026-2027

Last close, 13 Nov 2026
$34
−5.90% on the day

The 6 Wall Street analysts covering Calumet, Inc. hold a median 12-month price target of $57 — +66.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 65 of 100 as at 13 Nov 2026 — in the upper half.

Market cap
$3.2B
Ticker Nerd rank
65/ 100
Median analyst target
$57
Analysts covering
6
Revenue$1.4B+40.8% y/y
Operating income−$40.0M
Net income−$95.9M
Free cash flow$54.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−13.5%
1M
−41.5%
YTD
+72.6%
1Y
+87.3%
From 52W high
−41.9%
From 52W low
+88.3%
$18
$59
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CLMT stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Calumet, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 13 Nov 2026
65/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
89
Momentum
85
Issuance
79
Revisions
77
Growth
49
Volatility
38
Quality
35
Size
30
Value
16

Accruals (89): Reported profit is backed by cash, and the company is not expanding recklessly.

Value (16): The shares cost a lot relative to the profits and assets behind them.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

CLMT stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CLMT, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$10$20$30$40$50$60$70$80Jan 26Apr 26Jul 26Oct 26CLMTHigh $75Median $57Low $40

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says6 analysts
2 Buy4 Hold0 Sell
Low $40Median $57High $75

The green dot is the last close — the median target sits +66.2% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 6 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
2 Sept 2026HC Wainwright & Co.MaintainsBuy$60 → $75
25 Aug 2026UBSMaintainsNeutral$26 → $47
25 Aug 2026UBSMaintainsNeutral—
18 Aug 2026Goldman SachsMaintainsNeutral$40 → $45
18 Aug 2026Goldman SachsMaintainsNeutral—
12 Aug 2026TD CowenMaintainsHold—
12 Aug 2026TD CowenMaintainsHold$34 → $40
30 July 2026Goldman SachsMaintainsNeutral$36 → $40
30 July 2026Goldman SachsMaintainsNeutral—
30 Mar 2026HC Wainwright & Co.MaintainsBuy$33 → $60
30 Mar 2026HC Wainwright & Co.MaintainsBuy—
12 Mar 2026Goldman SachsMaintainsBuy—
30 Jan 2026Goldman SachsMaintainsBuy—
10 Nov 2025HC Wainwright & Co.ReiteratesBuy—
22 Oct 2025Goldman SachsMaintainsBuy—
12 Aug 2025UBSMaintainsNeutral—
14 May 2025Wells FargoMaintainsOverweight—
13 May 2025B of A SecuritiesInitiatesBuy—
30 Apr 2025Goldman SachsMaintainsBuy—
9 Apr 2025Wells FargoMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

CLMT appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

CLMT vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 13 Nov 2026, Calumet, Inc. returned +87.3% against +13.4% for the S&P 500, dividends included.

CLMT vs S&P 500, last 12 monthsTotal return, rebased to 100
100150200250300Jan 26Apr 26Jul 26Oct 26CLMTS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

CLMT analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
Analysts raising
1
Analysts cutting
0
Fundamentals

Calumet, Inc. (CLMT) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
26.7×

Cheaper than 28% of US stocks

Price / sales
0.6×

Cheaper than 78% of US stocks

Price / book
−3.3×

Cheaper than 96% of US stocks

EV / EBITDA
105.9×

Cheaper than 2% of US stocks

Growth & margins
Revenue growth (YoY)
56.1%

Higher than 87% of US stocks

Earnings growth (YoY)
−18.2%

Higher than 22% of US stocks

Gross margin
1.3%

Higher than 5% of US stocks

Operating margin
−1.7%

Higher than 30% of US stocks

Net margin
−3.7%

Higher than 25% of US stocks

Returns & dividend
Return on equity
6.9%

Higher than 56% of US stocks

Return on assets
−1.9%

Higher than 37% of US stocks

Dividend yield
8.1%

Higher than 95% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Calumet, Inc. (CLMT) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Calumet, Inc. has a market value of $3.2B and an enterprise value of $5.6B.

  • Revenue in the twelve months to 30 June 2026: $4.6B. The latest quarter grew 56.1% year on year.

  • Net income over the same four quarters: −$136.8M, a −3.0% net margin.

  • Diluted earnings per share, trailing twelve months: −$1.55.

  • Free cash flow in the twelve months to 30 June 2026: $73.5M.

  • Shares outstanding: 87.8M.

  • Trailing P/E: 26.7×; forward P/E: 8.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 8.08%, paying out 0% of earnings.

  • Calumet, Inc. employs 1,540 people — $3.0M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 13 Nov 2026

Data provided by Twelve Data

Peers

CLMT vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSpecialty Chemicals
CompanyMarket capTKN rank
CLMTCalumet, Inc.$3.2B65
WDFCWD-40 Co.$3.0B80
HWKNHawkins, Inc.$3.1B78
KWRQuaker Houghton$2.7B76
FULH.B. Fuller Co.$2.7B76
ASHAshland, Inc.$3.5B92
CBTCabot Corp.$3.8B76

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Calumet, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CLMT news & analysis

Calumet: Another Strong Quarter That The Street Misinterprets

Seeking Alpha · 6 Nov 2026positive

Calumet reported Q3 EPS of $2.91 and EBITDA of $347 million, with Specialty Products strength driving the results. The excerpt also notes constrained paraffinic base oil supply, volumes above 20,000 bpd, and Montana Renewables’ capacity ramp and post-Warburg capital structure.

Why it matters — The item highlights operating performance and business developments across Specialty Products and Montana Renewables that CLMT watchers may follow.

Calumet, Inc. (CLMT) Q3 2026 Earnings Call Transcript

Seeking Alpha · 6 Nov 2026neutral

Seeking Alpha published a transcript of Calumet, Inc.’s Q3 2026 earnings call. The excerpt provides no further details about the call.

Why it matters — The transcript may be relevant to CLMT watchers seeking the company’s Q3 2026 earnings-call discussion, though no specific topics or results are included in the excerpt.

What Calumet (CLMT) Said on Its Q3 Earnings Call

MarketBeat · 6 Nov 2026positive

Calumet reported $347 million in third-quarter adjusted EBITDA with tax attributes. Tight specialty products supplies and a strong quarter at Montana Renewables helped the company accelerate debt repayment.

Why it matters — The report highlights quarterly earnings and operating conditions tied to Calumet’s accelerated debt repayment.

Calumet Reports Third Quarter 2026 Results

PRNewsWire · 6 Nov 2026positive

Calumet reported third-quarter 2026 net income of $273.3 million and Adjusted EBITDA with Tax Attributes of $347.2 million. Specialty Products & Solutions generated $248.1 million in Adjusted EBITDA, Montana/Renewables reported $110.6 million with Tax Attributes, and the company said it retired approximately $265 million of debt since July.

Why it matters — The results provide CLMT watchers with an update on quarterly earnings, business-segment performance, and the pace of debt reduction.

Calumet Announces CMR Asset Lease Details and Revised Agreement with Warburg Pincus

PRNewsWire · 5 Nov 2026positive

Calumet announced that its restricted subsidiary, Calumet Montana Refining, entered into a long-term lease with Montana Renewables for certain assets used in the renewable fuels expansion. The announcement says the transactions support Montana Renewables’ development and Calumet’s MaxSAF expansion plans.

Why it matters — The lease connects CMR assets with Montana Renewables’ expansion, a development relevant to CLMT watchers tracking the company’s renewable fuels plans.

FAQ

Frequently asked questions about CLMT stock

What is the CLMT stock price forecast for 2026-2027?

The 6 Wall Street analysts covering Calumet, Inc. have a median 12-month price target of $57, with estimates ranging from $40 to $75. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CLMT stock a buy right now?

Of the 6 analysts covering Calumet, Inc., 2 rate it a Buy, 4 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Calumet, Inc. 65 out of 100 across roughly 4,600 US stocks as at 13 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CLMT?

As at 13 Nov 2026, Calumet, Inc. ranks 65 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (89 of 100).

Will CLMT stock go up?

No one can know that. What the data says: the median 12-month target from 6 analysts implies +66.2% from the last close, and Ticker Nerd's factor model ranks Calumet, Inc. 65 out of 100 as at 13 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CLMT stock forecast for 2030?

No analyst covering Calumet, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CLMT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $40 to $75 over the next 12 months.

How has CLMT stock performed over the past year?

Calumet, Inc. returned +87.3% over the 12 months to 13 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Calumet, Inc. do?

Calumet, Inc. is a specialty products and renewable fuels company that manufactures, formulates, and markets a broad range of materials for industrial, commercial, and consumer applications.

What is the latest news on CLMT?

The most recent item we track (Seeking Alpha, 6 Nov 2026): "Calumet: Another Strong Quarter That The Street Misinterprets". Calumet reported Q3 EPS of $2.91 and EBITDA of $347 million, with Specialty Products strength driving the results. The excerpt also notes constrained paraffinic base oil supply, volumes above 20,000 bpd, and Montana Renewables’ capacity ramp and post-Warburg capital structure.

Company

About Calumet, Inc.

Calumet, Inc. is a specialty products and renewable fuels company that manufactures, formulates, and markets a broad range of materials for industrial, commercial, and consumer applications. Calumet, Inc. operates through three main segments: Specialty Products and Solutions, Performance Brands, and Montana/Renewables. Its portfolio includes solvents, waxes, customized lubricating oils, white oils, esters, petrolatums, gels, and specialty fuels, along with branded products such as Royal Purple, Bel-Ray, and TruFuel. The company also produces renewable diesel, sustainable aviation fuel, renewable naphtha, and other refined products used across energy, transportation, infrastructure, and manufacturing markets. Headquartered in Indianapolis, Indiana, Calumet, Inc. serves wholesale distributors, retail chains, and industrial customers across North America and international markets.

CEO Mr. Louis Todd Borgmann · 1,540 employees · United States · https://www.calumet.com