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Calumet, Inc. Common Stock

CLMT

$42.83

+4.26%

Calumet Inc is a producer of specialty products, including base oils, specialty oils, solvents, esters, and waxes, as well as a variety of fuel and fuel-related products. It is a diversified manufacturer in the specialty chemicals and fuels space, leveraging its integrated operations to serve both consumer-facing and industrial markets.…

Bobby Quantitative Model
Jul 17, 2026

CLMT

Calumet, Inc. Common Stock

$42.83

+4.26%
Jul 17, 2026
Bobby Quantitative Model
Calumet Inc is a producer of specialty products, including base oils, specialty oils, solvents, esters, and waxes, as well as a variety of fuel and fuel-related products. It is a diversified manufacturer in the specialty chemicals and fuels space, leveraging its integrated operations to serve both consumer-facing and industrial markets.

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CLMT 12-Month Price Forecast

Historical Price
Current Price $42.83
Average Target $42.83
High Target $49.25
Low Target $36.41

Wall Street consensus

Most Wall Street analysts maintain a constructive view on Calumet, Inc. Common Stock's 12-month outlook, with a consensus price target around $38.80 and implied upside of -9.4% versus the current price.

Average Target

$38.80

0 analysts

Implied Upside

-9.4%

vs. current price

Analyst Count

—

covering this stock

Price Range

$26 - $60

Analyst target range

No sufficient analyst coverage available. The provided data includes recent institutional rating actions, with firms like Goldman Sachs and HC Wainwright maintaining 'Buy' ratings, and Wells Fargo maintaining 'Overweight'. However, specific consensus target prices, ratings distributions, or a sufficient number of analyst estimates are not provided in the data inputs.

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CLMT Technical Analysis

The stock has demonstrated exceptionally strong momentum over the observed period. From a closing price of $18.44 on October 2, 2025, it surged to $35.90 by March 31, 2026, representing a gain of over 94% in six months. This uptrend has been particularly sharp in recent months, with the price more than doubling from its level near $18 in early November 2025. Short-term performance has been explosive. The stock gained 33.16% over the past month, dramatically outperforming the S&P 500, which fell 5.25% over the same period. Over the last three months, the stock is up 80.67%, again massively outperforming the broader market's decline of 4.63%. The current price of $35.90 is near the top of its 52-week range of $7.68 to $36.94, trading just 2.8% below the yearly high. This positioning indicates the stock is in a strong uptrend and testing recent resistance levels after a significant rally.

Beta

0.72

0.72x market volatility

Max Drawdown

-22.8%

Largest decline past year

52-Week Range

$13-$43

Price range past year

Annual Return

+167.4%

Cumulative gain past year

PeriodCLMT ReturnS&P 500
1m+29.2%+0.3%
3m+33.0%+4.7%
6m+110.7%+7.5%
1y+167.4%+18.4%
ytd+119.1%+9.0%

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CLMT Fundamental Analysis

Revenue and profitability have been volatile on a quarterly basis. For Q4 2025, revenue was $1.04 billion, showing 9.4% year-over-year growth from Q4 2024. However, the company reported a net loss of $37.3 million for the quarter, with a gross profit margin of -0.3%, a significant deterioration from the positive 34.7% gross margin achieved in Q3 2025. This indicates substantial quarter-to-quarter volatility in operational performance. Financial health shows a mixed picture. The company has a current ratio of 1.02, indicating barely sufficient short-term liquidity. The debt-to-equity ratio is negative at -0.52, which is an unusual situation typically arising from accumulated deficits. On a positive note, trailing twelve-month free cash flow is positive at $56.6 million. Operational efficiency metrics are weak. Return on equity (ROE) stands at 4.6%, which is modest. The negative net income for the latest quarter resulted in a negative net margin of -3.6%, highlighting current profitability challenges despite the company's revenue scale.

Quarterly Revenue

$1.0B

2025-12

Revenue YoY Growth

+9.4%

YoY Comparison

Gross Margin

-0.3%

Latest Quarter

Free Cash Flow

$56600000.0B

Last 12 Months

Revenue & Net Income Trends (2 Years)

Revenue Breakdown

Montana/Renewables
Performance Brands
Specialty Products and Solutions

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Valuation Analysis: Is CLMT Overvalued?

Given the company reported negative net income of -$37.3 million for Q4 2025 and has a trailing EPS of -$0.02, traditional P/E valuation is not meaningful. Therefore, we use the Price-to-Sales (PS) ratio of 0.42 as the primary valuation metric. This suggests the market values the company at less than half its annual revenue, which could be considered low relative to many industrial peers. Peer comparison data is not available in the provided inputs. The valuation using EV/EBITDA, at 8.31, provides an alternative perspective, though this metric is less reliable given the company's inconsistent EBITDA generation, which was only $6.3 million in the latest quarter.

PE

-50.9x

Latest Quarter

vs. Historical

Low-End

5-Year PE Range 1x~19x

vs. Industry Avg

N/A

Industry PE ~N/A*

EV/EBITDA

17.0x

Enterprise Value Multiple

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