JPMorgan cuts Westlake target to USD 65 for Westlake stock
Published on 10/20/2026 at 13:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst revisions shape the picture
- JPMorgan cut its Westlake target from USD 80.00 to USD 65.00 on October 16, 2026.
- Westlake reported USD 3.27 billion in second-quarter revenue on August 4, 2026.
- Westlake stock was trading at EUR 55.96 at 1:41 p.m. CEST at Lang & Schwarz on October 20, 2026.
Westlake Corporation (ISIN US9604131022) was trading at EUR 55.96 at Lang & Schwarz on October 20, 2026, at 1:41 p.m. CEST. MarketBeat reported on October 16, 2026, that JPMorgan cut its Westlake target from USD 80.00 to USD 65.00 while keeping a Neutral rating.
Why the target was reduced
The revised target reflects a more cautious view of Westlake's earnings path. MarketBeat said the USD 65.00 target followed the USD 80.00 level and compared with an average analyst target of USD 82.20. The same report said Westlake's stock had fallen 1.80 percent to USD 62.45 on October 16, 2026.
The wider operating picture is mixed. In its second-quarter call, Yahoo Finance reported that Westlake delivered USD 3.27 billion in sales and USD 260.00 million in net income for the second quarter of 2026, compared with a USD 12.00 million net loss in the second quarter of 2025.
Three milestones in 2026
On August 4, 2026, Westlake reported second-quarter revenue of USD 3.27 billion and adjusted earnings per share of USD 2.01 through its earnings call. On September 29, 2026, GlobeNewswire reported Westlake's plan to close its Cologne PVC plant, which has annual capacity of 165,000 metric tons. On October 16, 2026, JPMorgan cut its target from USD 80.00 to USD 65.00, according to MarketBeat.
What dates matter next?
Nasdaq lists October 29, 2026, as the estimated date for Westlake's third-quarter earnings announcement. The Cologne facility is expected to cease operations in the first quarter of 2027, while the company said the closure would carry USD 205.00 million in pre-tax charges.
Market value and investor context
Westlake's market capitalization was USD 8.0 billion on October 19, 2026. Its reported 52-week range was USD 56.33 to USD 124.23 on the same date, placing the stock near the lower end of that span. The next earnings report will show whether the second-quarter recovery can withstand weaker third-quarter conditions.
Westlake was trading at EUR 55.96 at Lang & Schwarz on October 20, 2026, at 1:41 p.m. CEST. 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
- Price Lang & Schwarz (as of October 20, 2026, 1:41 p.m. CEST): EUR 55.96
- Market capitalization: USD 8.0 billion (as of October 19, 2026)
- 52-week range: USD 56.33-124.23 (as of October 19, 2026)
- Sector / Industry: Basic Materials / Specialty Chemicals
Market context: Market report S&P 500.
