Albemarle (ALB) Stock Forecast, Price Target & Predictions
ALB Stock Forecast
Albemarle (ALB) stock forecast, based on 18 Wall Street analysts, predicts a 12-month average price target of $116.67, with a high of $150.00 and a low of $90.00. This represents a 35.22% increase from the last price of $86.28.
ALB Stock Rating
Albemarle stock's rating consensus is Buy, based on 18 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (61.11%), 5 Hold (27.78%), 2 Sell (11.11%), and 0 Strong Sell (0.00%).
Buy
ALB Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Albemarle | 35.22% |
Sector | Basic Materials Stocks | 18.06% |
Idea | Electric Vehicle Stocks List | -6.34% |
Idea | EV Battery Stocks List | 55.34% |
Idea | Lithium Stocks List | 27.21% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 2 | 18 |
Avg Price Target | - | $114.50 | $129.22 |
Last Closing Price | $86.28 | $86.28 | $86.28 |
Upside/Downside | - | 32.71% | 49.77% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | 3 | 8 | 16 | 1 | 1 | 29 |
Dec, 24 | 3 | 8 | 15 | 1 | 1 | 28 |
Nov, 24 | 3 | 8 | 15 | 1 | 1 | 28 |
Oct, 24 | 4 | 8 | 15 | 2 | 1 | 30 |
Sep, 24 | 5 | 8 | 15 | 2 | 1 | 31 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Nov 13, 2024 | Andres Castanos-Mollor | Berenberg Bank | $102.00 | $81.65 | 24.92% | 18.22% |
Nov 12, 2024 | Aleksey Yefremov | KeyBanc | $127.00 | $98.57 | 28.84% | 47.20% |
Sep 27, 2024 | Laurence Alexander | Jefferies | $120.00 | $96.05 | 24.93% | 39.08% |
Aug 16, 2024 | Joel Jackson | BMO Capital | $150.00 | $77.81 | 92.78% | 73.85% |
Aug 08, 2024 | Charles Neivert | Piper Sandler | $90.00 | $80.40 | 11.94% | 4.31% |
Aug 06, 2024 | Arun Viswanathan | RBC Capital | $111.00 | $81.05 | 36.95% | 28.65% |
Aug 05, 2024 | Aleksey Yefremov | KeyBanc | $132.00 | $83.80 | 57.52% | 52.99% |
Jul 31, 2024 | Andres Castanos-Mollor | Berenberg Bank | $83.00 | $92.51 | -10.28% | -3.80% |
Jun 25, 2024 | Charles Neivert | Piper Sandler | $95.00 | $92.77 | 2.40% | 10.11% |
Jun 13, 2024 | Joshua Spector | UBS | $124.00 | $112.65 | 10.08% | 43.72% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Nov 12, 2024 | KeyBanc | Overweight | Overweight | hold |
Oct 07, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | hold |
Sep 27, 2024 | Jefferies | Buy | Buy | hold |
Aug 16, 2024 | BMO Capital | Outperform | Outperform | hold |
Aug 08, 2024 | Piper Sandler | Underweight | Underweight | hold |
Aug 06, 2024 | RBC Capital | Outperform | Outperform | hold |
Aug 05, 2024 | KeyBanc | Overweight | Overweight | hold |
Jul 31, 2024 | Wells Fargo | Sector Perform | Sector Perform | hold |
Jul 17, 2024 | HSBC | Hold | downgrade | |
Jul 10, 2024 | Wells Fargo | Sector Perform | Equal-Weight | downgrade |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $3.53 | $1.07 | $17.44 | $13.41 | - | - | - | - | - |
Avg Forecast | $4.02 | $4.05 | $21.52 | $21.39 | $-1.89 | $-0.07 | $3.11 | $5.59 | $5.55 |
High Forecast | $3.19 | $3.21 | $17.18 | $20.16 | $-2.68 | $-0.23 | $1.36 | $5.21 | $4.06 |
Low Forecast | $4.88 | $4.91 | $27.73 | $22.05 | $0.23 | $0.19 | $4.70 | $5.96 | $7.96 |
Surprise % | -12.19% | -73.58% | -18.96% | -37.31% | - | - | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $3.13B | $3.33B | $7.32B | $9.62B | - | - | - | - | - |
Avg Forecast | $3.09B | $3.33B | $7.32B | $9.44B | $5.47B | $5.33B | $6.21B | $7.39B | $8.21B |
High Forecast | $2.60B | $2.80B | $6.18B | $9.36B | $5.35B | $4.35B | $6.06B | $5.87B | $6.52B |
Low Forecast | $3.60B | $3.88B | $8.94B | $9.57B | $5.64B | $6.06B | $6.35B | $9.86B | $10.95B |
Surprise % | 1.20% | -0.14% | 0.03% | 1.92% | - | - | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $375.76M | $123.67M | $2.04B | $1.57B | - | - | - | - | - |
Avg Forecast | $294.10M | $190.84M | $201.62M | $1.57B | $-144.19M | $-2.05M | $356.59M | $657.72M | $653.60M |
High Forecast | $235.28M | $47.53M | $28.53M | $-314.83M | $-315.64M | $-27.03M | $159.60M | $614.10M | $478.69M |
Low Forecast | $352.93M | $334.16M | $374.71M | $3.46B | $27.26M | $22.93M | $553.59M | $701.35M | $937.22M |
Surprise % | 27.77% | -35.20% | 913.22% | - | - | - | - | - | - |