Insider buying last 90 days
No open-market insider purchases were filed for CLMT in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every CLMT insider filing, plotted on the chart in Gekko.Open CLMT in Gekko
NASDAQ: CLMT
Calumet (CLMT) Stock Analysis & Forecast
Sep 28 close
$52.61−1.04 (−1.9%)
Gekko Brief
AI summaryCalumet's week centers on financing and valuation. The company expanded its asset-based loan facility to $600 million and secured a final $34 million draw from a Department of Energy loan guarantee for Montana Renewables, moves that investors reacted positively to. Coverage also referenced Q2 2026 revenue rising to $1.45 billion alongside an adjusted loss of $1.09 per share, and Calumet presented at the TD Cowen Annual Energy Conference. Brokerage commentary this week settled on a consensus "Hold" rating, with one report noting an average 12-month price target of $51.75 versus a trading price of $53.65, while a separate valuation service flagged the shares as significantly overvalued relative to its own fair value estimate.
The stock closed at $52.61, down 1.9% on the day, but remains above both its 50-day ($49.09) and 200-day ($34.42) moving averages, with the shorter average above the longer one. Momentum has been strong, with one-month, three-month and six-month returns of 14.9%, 46.8% and 64.1% respectively. The GekkoIndex reads 58.3, placing it in the Neutral zone, while the price sits 19.3% above Gekko Fair Value of $44.11.
Calumet's next earnings report is set for 6 November 2026, 38 days out and beyond a typical 20-trading-day holding window; the prior report showed an adjusted loss of $0.05 per share against a $0.23 estimate, with an 8.6% reaction. No insider, Congress or unusual options activity appears in the recent windows. Seasonality over the next 20 trading days has averaged 16.8% across 5 years, rising in 4 of them, a pattern worth noting alongside the current gap to fair value.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Calumet price vs fair value
Close $52.61200-day averageGekko Fair Value $44.11
Calumet quick facts
- Market cap
- $4.58B
- P/E ratio
- —
- Forward P/E
- 49
- EPS, TTM
- −$1.54
- Revenue, TTM
- $4.59B
- Profit margin
- -3%
- Dividend yield
- —
- Beta
- 0.72
- Volume
- 951,320 avg 1.42M
- 1-year return
- +179.5%
- Typical daily move
- ±4.7%
- Typical 20-day move
- ±10.2%
- 50-day average
- $49.09
- 200-day average
- $34.42
- Next earnings
- Nov 6 before open
- Shares outstanding
- 87.90M
Calumet swing-trade checklist
Calumet scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed1 headwind
- Trendsupportive
Above 50 and 200-day
Close $52.61 is above the 50-day ($49.09) and 200-day ($34.42) averages, and the 50-day is above the 200-day.
See the chart - GekkoIndexmixed
58.3, Neutral
Reading 58.3 is in the Neutral zone.
See the GekkoIndex - Fair valueheadwind
19.3% above
Price is 19.3% above Gekko Fair Value (more than 5% above).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 38 days
Next report Nov 6, 2026, 38 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+16.8% on average
From this point in the calendar, the next 20 trading days averaged +16.8% over 5 years, rising in 4 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Calumet stock chart and price history
Calumet closed at $52.61 on Sep 28, 2026, +179.5% over the past year, inside a 52-week range of $17.42 to $59.87.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +14.9%
- 3 months
- +46.8%
- 6 months
- +64.1%
- 1 year
- +179.5%
The full CLMT chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open CLMT in Gekko
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About Calumet
Calumet makes and sells specialty branded products along with renewable fuel, combining formulation work with manufacturing to serve customers who need tailored fuel and product solutions. Among its recognizable offerings are brands such as Royal Purple, Bel-Ray, and TruFuel.
The company organizes its work into distinct segments. One focuses on customer-driven formulation and specialty solutions, another centers on facilities in Montana, including a specialty asphalt plant in Great Falls and a renewables facility, and a third houses its branded performance products. A separate corporate segment covers general and administrative costs that are not tied to the other business lines.
Calumet was founded in 1919 and is headquartered in Indianapolis, Indiana. Its shares are listed on the NASDAQ under the ticker CLMT.
- Listed
- NASDAQ
- Sector
- Energy minerals
- Industry
- Oil refining/Marketing
- Website
- calumet.com
Calumet GekkoIndex: the smart money zone
Calumet’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 58.3, in the Neutral zone, up 14.9 points over five sessions.
58.3Neutral
Up 14.9 points over five sessions, from the Distribution zone.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 64 | +1.0% | +11.9% | ||
| Accumulation | 112 | +1.3% | +3.7% | ||
| Neutral (current zone) | 423 | +1.5% | +4.4% | ||
| Distribution | 70 | +0.3% | +5.1% | ||
| Selling | 3 | Too few readings yet | |||
Average CLMT share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the CLMT price, zone by zone.Track CLMT in Gekko
Is Calumet stock overvalued? Gekko Fair Value
Calumet trades 19.3% above Gekko Fair Value of $44.11, so the shares are overvalued on Gekko’s estimate.
Gekko’s own estimate of what Calumet shares are worth, recalculated every trading day.
$44.11
Gekko Fair Value, Sep 29, 2026
19.3% Overvalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open CLMT in Gekko
Calumet insider and Congress trading
No open-market insider purchases were filed for Calumet, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in CLMT were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for CLMT, plotted on the chart in Gekko.Open CLMT in Gekko
Buybacks
Calumet has been buying back its own shares.
- Bought back, year ended Dec 31, 2022
- $4.40M
- As a share of market cap
- 0.10%
From company filings.
Hedge funds and billionaires quarter ended Jun 30
2of the funds Gekko tracks hold CLMT.
0added1opened1trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
Calumet earnings: next date and track record
Calumet reports on Nov 6, 2026, before the open (38 days away), and beat the EPS estimate in 5 of its last 8 reports.
Next earnings report
Nov 6, 2026
Expected before the open, 38 days away
- EPS estimate
- $1.55
- Revenue estimate
- $1.26B
5 of 8reports beat the EPS estimate
±8.5%average move across the report
3 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 7, 2026 AI summary
- What they said
- Calumet reported $175 million adjusted EBITDA with tax attributes in Q2 2026 despite three planned turnarounds. Restricted group leverage ratio fell below 4x, with management expecting to surpass 3x next quarter. The company redeemed $100 million in notes and repurchased a $115 million sale-leaseback obligation. Specialty business benefits from global base oil supply disruptions, with over 10% of global capacity offline due to Middle Eastern and European conflicts.
- Guidance
- Management expects leverage to drop below 3x next quarter driven by strong cash flows across all business segments. Accelerated deleveraging is enabling parallel evaluation of a pipeline of low-risk, high-return growth projects previously deferred during Montana Renewables construction.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 7, 2026 | −$0.05 est −$0.23 | $1.45B est $1.12B | +8.6% |
| May 8, 2026 | −$0.64 est −$0.57 | $1.03B est $1.00B | −6.6% |
| Feb 27, 2026 | −$0.43 est −$0.67 | $1.04B est $1.06B | −9.3% |
| Nov 7, 2025 | −$0.21 est −$0.30 | $1.08B est $1.04B | −1.8% |
| Aug 8, 2025 | −$1.70 est −$0.44 | $1.03B est $1.15B | −11.0% |
| May 9, 2025 | −$1.03 est −$0.41 | $993.9M est $922.3M | +10.5% |
| Feb 28, 2025 | −$0.17 est −$0.37 | $949.5M est $866.2M | −10.1% |
| Nov 8, 2024 | −$0.52 est −$0.86 | — | +9.8% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Calumet stock forecast and analyst price targets
Analysts’ average 12-month price target for Calumet is $53.40, +1.5% from the last close, from 5 firms rating the stock in the last 90 days.
$53.40consensus 12-month target, +1.5% from the last close
Now $52.61Avg $53.40
Low $40High $75
Each firm’s latest rating in the last 90 days: 5 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 22 | H.C. Wainwright | $75 | +42.6% |
| Sep 2 | H.C. Wainwright | $75 | +42.6% |
| Sep 2 | H.C. Wainwright | $75 | +42.6% |
| Sep 1 | Bank of America Securities | $60 | +14.0% |
| Aug 25 | UBS | $47 | −10.7% |
+4.4%average 20-day move after past Neutral readings
+16.8%average move over the next 20 trading days in the last 5 years
±4.7%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Calumet seasonality: the next 20 trading days
Over the next 20 trading days from Sep 29, Calumet averaged +16.8% across the last 5 years, rising in 4 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +7.9% | 3 of 5 |
| Next 10 trading days | +14.0% | 3 of 5 |
| Next 15 trading days | +15.5% | 4 of 5 |
| Next 20 trading days | +16.8% | 4 of 5 |
| Next 30 trading days | +24.5% | 4 of 5 |
For scale, CLMT’s typical 20-trading-day move in either direction is about 10.2%.
Calumet market cap and key statistics
Calumet’s market cap is $4.58B and revenue of $4.59B over the last twelve months.
Valuation
- Market cap
- $4.58B
- Forward P/E
- 49
- EPS, TTM
- −$1.54
- Gekko Fair Value
- $44.11
Trading
- Volume
- 951,320
- Avg volume, 20 days
- 1.42M
- 52-week high
- $59.87
- 52-week low
- $17.42
- Shares outstanding
- 87.90M
Financials
- Revenue, TTM
- $4.59B
- Profit margin
- -3%
- Return on equity
- -1172%
- Quarterly earnings growth, YoY
- +562.0%
Risk and income
- Beta
- 0.72
- Typical daily move
- ±4.7%
- Typical 20-day move
- ±10.2%
Calumet stock news this week
Coverage of Calumet this week reads neutral: 1 positive, 5 neutral and 1 negative headlines.
- Calumet, Inc. (NASDAQ:CLMT) Receives Consensus Recommendation of "Hold" from BrokeragesMarketBeat, Sep 27
- 390,906 Calumet, Inc. $CLMT Shares Bought by State Street CorpMarketBeat, Sep 25
- Calumet Inc (CLMT) Shares Fall 3.6% -- What GF Score of 52 Tells InvestorsGuruFocus, Sep 24
- Calumet, Inc. (CLMT) Presents at TD Cowen Annual Energy Conference - Slideshow (NASDAQ:CLMT) 2026-09-24Seeking Alpha, Sep 24
- Calumet stock falls 3.62 percent as financing expandsAD HOC NEWS, Sep 24
- How Investors Are Reacting To Calumet (CLMT) Expanded Credit FacilitySimply Wall Street, Sep 22
Calumet peers
Calumet’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| MPCMarathon Petroleum | Neutral | 1.3% above |
| VLOValero Energy | Neutral | 15.3% above |
| PSXPhillips 66 | Neutral | 14.4% above |
| DINOHF Sinclair | Neutral | 22.3% above |
| PBFPBF Energy | Neutral | 3.4% below |
| CVICVR Energy | Neutral | 57.8% above |
A peer links to its own page where one exists.
Calumet stock FAQ
What is Calumet’s market cap?
Calumet’s market cap is $4.58B at the Sep 28, 2026 close of $52.61, with 87.90M shares outstanding.
What is the Calumet stock forecast?
The consensus analyst 12-month price target for Calumet is $53.40, +1.5% from the last close. Of the 5 firms that rated the stock in the last 90 days, 2 rate it a buy, 3 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Calumet stock overvalued or undervalued?
On Gekko’s estimate Calumet is overvalued: the Sep 28, 2026 close of $52.61 is 19.3% above Gekko Fair Value of $44.11. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Calumet report earnings next?
Calumet is expected to report on Nov 6, 2026, before the market opens (38 days away). Analysts expect earnings of $1.55 per share on revenue of $1.26B. Calumet beat the earnings estimate in 5 of its last 8 reports, moving 8.5% on average across the report.
What is Calumet’s 52-week high and low?
Calumet’s 52-week high is $59.87 and its 52-week low is $17.42; it closed at $52.61 on Sep 28, 2026, +179.5% over the past year.
Is Calumet stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, earnings risk and seasonality), 1 as mixed (gekkoindex) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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