JPMorgan cuts target for Westlake stock to USD 65.00
Published on 10/18/2026 at 12:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst targets and quarterly results
- JPMorgan lowered its Westlake target to USD 65.00 on October 16, 2026.
- Second-quarter revenue reached USD 3.27 billion, up 10.80 percent year over year.
- Second-quarter operating profit was USD 364.00 million and net income was USD 271.00 million.
Westlake Corporation (US9604131022) faces a fresh analyst reset after JPMorgan cut its price target from USD 80.00 to USD 65.00 on October 16, 2026, while keeping a neutral rating, according to MarketBeat. The move puts the latest target below several earlier analyst views and contrasts with Westlake's improved second-quarter results.
Target cuts reshape the view
Westlake reported USD 3.27 billion in revenue for the second quarter of 2026, an increase of 10.80 percent from the same period a year earlier. Diluted earnings per share reached USD 2.01, compared with a consensus estimate of USD 1.83, while revenue exceeded the USD 3.24 billion estimate, according to MarketBeat.
The standardized second-quarter figures show operating profit of USD 364.00 million, net income of USD 271.00 million and an 11.00 percent operating margin. Operating cash flow was USD 318.00 million for the period ended June 30, 2026.
What changed in three targets?
The analyst sequence shows a clear range of views. On October 5, 2026, Citigroup cut its target from USD 85.00 to USD 67.00, as reported by MarketBeat. On October 13, 2026, Royal Bank of Canada lowered its target from USD 95.00 to USD 74.00 while retaining an Outperform rating, according to Markets Insider. JPMorgan's October 16, 2026 reduction to USD 65.00 is the latest of the three.
Next reporting date
MarketBeat estimates that Westlake will report third-quarter 2026 earnings on October 29, 2026, before the market opens. The scheduled conference call is listed for 11:00 a.m. ET.
Westlake keeps a broad materials base
Westlake describes itself as a diversified industrial company serving housing and infrastructure, packaging, healthcare, automotive and consumer markets. Its two operating divisions cover Performance and Essential Materials and Housing and Infrastructure Products, giving the October target revisions a direct link to both chemical pricing and building-product demand.
Targets lead the stock discussion
The latest analyst changes place valuation and third-quarter execution at the center of the next market debate. Westlake's second-quarter operating recovery provides a quantified counterpoint to the target reductions, but the target range from USD 65.00 to USD 74.00 shows how differently analysts assess the outlook.
The further course of trading is shown by the continuously updated real-time quote of Westlake stock.
Westlake Corporation stock facts
- Company: Westlake Corporation
- ISIN: US9604131022
- Ticker: WLK
- Primary exchange: NYSE
- Sector / Industry: Basic Materials / Specialty Chemicals
Market context: Market report S&P 500.
