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Westlake Corporation (WLK) Gets a Buy from Truist Financial

Tipranks - Thu May 7, 8:28AM CDT

Truist Financial analyst Pete Osterland maintained a Buy rating on Westlake Corporation today and set a price target of $127.00.

Claim 55% Off TipRanks

According to TipRanks, Osterland is a 5-star analyst with an average return of 49.2% and an 84.75% success rate. Osterland covers the Basic Materials sector, focusing on stocks such as Albemarle, Chemours Company, and Westlake Corporation.

In addition to Truist Financial, Westlake Corporation also received a Buy from BMO Capital’s John McNulty in a report issued today. However, on the same day, Goldman Sachs maintained a Hold rating on Westlake Corporation (NYSE: WLK).

Based on Westlake Corporation’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.53 billion and a GAAP net loss of $544 million. In comparison, last year the company earned a revenue of $2.84 billion and had a net profit of $7 million

Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WLK in relation to earlier this year. Most recently, in March 2026, Mark Steven Bender, the EVP & CFO of WLK sold 16,413.00 shares for a total of $1,846,954.89.

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