CLMT

CalumetC

Nasdaq / Energy

At close

2026-07-22

Current thesis

Durable recovery in regional crack spreads, sustained specialty-product pricing, and tight working-capital execution lead to positive earnings revisions and analyst re-ratings, driving shares toward the bull target (34.6436). Key catalysts: sustained margin improvement, favorable feedstock dynamics, and positive post-earnings revisions.

Posture

Mixed

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite, 7D delta -0.8.

What can break

Rapid demand weakness for specialty products

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $21.35 · Bull $34.64 · Bear $13.25

Data freshness

Prices

As of 2026-07-22

Fundamentals

As of 2026-07-21 • Vendor: Data Vendor v1

Scores

As of 2026-07-22 • Model: HYBRID_IC_RP

AI Memo

As of 2026-02-28 • Model: RankAlpha Sentiment AI

Investment thesis

As of 2026-07-22

Supporting evidence

What

Grade C · Mixed

Confidence Medium · Net Neutral

Target $38.80

Why

Momentum95 · Δ7d -0.8

Value41 · Δ7d -0.1

Sentiment26 · Δ7d -3.1

So what

Balanced signals (Net Neutral). Wait for confirmation before sizing up.

Lead driver: Momentum · See technicals

Momentum

26% active weight

Current posture

7d trendImproving

Δ7d

-0.8

Δ21d

+20.6

Value

39% active weight

Current posture

7d trendFlat

Δ7d

-0.1

Δ21d

-0.5

Sentiment

34% active weight

Current posture

7d trendSoftening

Δ7d

-3.1

Δ21d

-10.7

Why this grade

Composite grade C. Momentum 95.4 / Value 41.0 / Sentiment 25.5

Fundamentals (TTM)

As of 2026-07-21

Market Cap

$3.85B

Beta

1.23

Shares Out

87.15M

P/E (TTM) · Derived

-113.4

P/S (TTM)

0.42

P/FCF (TTM) · Derived

918.30

Rev YoY

+3.6%

EPS YoY

+94.4%

Gross Margin

+5.7%

Op Margin

+3.7%

Net Debt

$2.25B

Current Ratio

0.96

As of 2026-07-22 • Updated nightlySource: Internal modelMethodology