Immersion Cooling Commercialization Projections Offer Strength to Celanese (CE)

Celanese Corporation (NYSE:CE) is one of the best Materials stocks to invest in according to Hedge Funds.

On January 16, Arun Viswanathan of RBC Capital reaffirmed his favorable view on Celanese Corporation (NYSE:CE), maintaining a Sector Perform rating on the stock. He also adjusted his target price estimate from $43 to $48, which results in an upside of 8.5%.

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Viswanathan’s rating is based on his broader analysis of the Commodity Chemicals space. The analyst noted that Celanese Corporation (NYSE:CE) registered a lower level of production utilization for its TiO2 segment during the fourth quarter. This resulted in a $25 million incremental charge for the business. Despite such challenges, Viswanathan raised his price target based on the commercialization of immersion cooling expected during 2026.

On January 15, Citi analyst Patrick Cunningham also reiterated his bullish stance on Celanese Corporation (NYSE:CE). He assigned a Buy rating and revised his price target from $56 to $63, which now yields an upside of more than 42%.

Cunningham’s views stem from Citi’s revisions for the Commodity Chemicals segment following the Q4 earnings preview. The firm also projected solid margins in 2026, driven by depressed ethane costs and production discipline.

Celanese Corporation (NYSE:CE) is a global specialty materials and chemicals leader that is involved in the production and sale of polymers across the globe. The company operates through its two segments, i.e., Engineered Materials and Acetyl Chain. It sells products under various brands, including FRIANYL, Celcon, Crastin, Rynite, Vectra, and Laprene.

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