Evercore ISI Remains Cautious on Celanese Corporation (CE) Post-Q3 Earnings, Despite Broader Chemical Stock Rallies

Celanese Corporation (NYSE:CE) is one of the most undervalued NYSE stocks to buy right now. On November 11, Evercore ISI analyst Eric Boyes lowered the firm’s price target on Celanese to $45 from $75 and maintained an In Line rating on the shares. This sentiment was posted after the company released its Q3 2025 earnings report. According to Boyes’ earnings recap, Q3 marked an unexpected trading shift for chemical companies. Although roughly half of the 20 tracked chemical stocks cut their Q4 outlook (with negative revisions averaging 12%), two-thirds of the companies still saw their share prices rise by an average of 6% after releasing their results.

In Q3, Celanese made $2.42 billion in total revenue, while earning $1.34 per share. The company is focused on increasing cash flow, intensifying cost improvements, and driving top-line growth. These internal efforts are expected to contribute to an EPS growth of $1 to $2 in 2026, with ~half of this growth anticipated to come from cost savings and the remainder primarily from success in the Engineered Materials/EM pipeline, complemented by an expected $30 to $40 million reduction in interest expense.

Evercore ISI Remains Cautious on Celanese Corporation (CE) Post-Q3 Earnings, Despite Broader Chemical Stock Rallies

The company completed the sale of its Micromax business in Q3, marking a significant step toward its goal of $1 billion in divestitures by 2027. The company is also actively pursuing cost savings within its operations, expecting to realize an additional $30 to $50 million in net savings, after accounting for inflation, within the EM segment.

Celanese Corporation (NYSE:CE) is a chemical and specialty materials company that manufactures and sells engineered polymers worldwide.

While we acknowledge the potential of CE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CE and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.