Citigroup upgraded Celanese Corp (CE) to Buy from Neutral on October 1, 2025. The stock is currently priced at $36.84.
This upgrade reflects a more optimistic outlook on Celanese's prospects. The company, headquartered in Irving, Texas, operates in the chemicals industry and employs 12,163 full-time staff. Celanese is a global producer of engineered polymers used in various applications, with segments including Engineered Materials and the Acetyl Chain.
In its most recent earnings report for Q3 2025, Celanese recorded an EPS of $1.34, exceeding the estimate of $1.26 by 6.6%. The company has a market capitalization of $4.0 billion and a trailing twelve-month EPS of -28.26, with a dividend yield of 32.5%.
Upcoming earnings are scheduled for August 10, 2026, with an estimated EPS of $1.70 and revenue of $2.6 billion. Analyst consensus as of November 1, 2025, indicates 5 Strong Buy, 8 Buy, 10 Hold, 1 Sell, and 1 Strong Sell ratings, with an overall consensus rating of Buy. Recent analyst actions include Citigroup's upgrade and maintain ratings from Wells Fargo, Jefferies, RBC Capital, and JP Morgan.
Such decisions reflect changing analyst sentiment that may indicate improved fundamentals or business performance for Celanese Corp.