Albemarle (ALB) Stock Forecast, Price Target & Predictions


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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.

$85 $98 $111 $124 $137 $150 High: $150 Avg: $116.67 Low: $90 Last Closed Price: $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
Total 18 0 2 5 11 Strong Sell Sell Hold Buy Strong Buy

ALB Forecast vs Benchmarks


TypeNameUpside
StockAlbemarle35.22%
SectorBasic Materials Stocks 18.06%
IdeaElectric Vehicle Stocks List-6.34%
IdeaEV Battery Stocks List55.34%
IdeaLithium Stocks List27.21%

Price Target Trends


1M3M12M
# Anlaysts-218
Avg Price Target-$114.50$129.22
Last Closing Price$86.28$86.28$86.28
Upside/Downside-32.71%49.77%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2538161129
Dec, 2438151128
Nov, 2438151128
Oct, 2448152130
Sep, 2458152131
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 13, 2024Andres Castanos-MollorBerenberg Bank$102.00$81.6524.92%18.22%
Nov 12, 2024Aleksey YefremovKeyBanc$127.00$98.5728.84%47.20%
Sep 27, 2024Laurence AlexanderJefferies$120.00$96.0524.93%39.08%
Aug 16, 2024Joel JacksonBMO Capital$150.00$77.8192.78%73.85%
Aug 08, 2024Charles NeivertPiper Sandler$90.00$80.4011.94%4.31%
Aug 06, 2024Arun ViswanathanRBC Capital$111.00$81.0536.95%28.65%
Aug 05, 2024Aleksey YefremovKeyBanc$132.00$83.8057.52%52.99%
Jul 31, 2024Andres Castanos-MollorBerenberg Bank$83.00$92.51-10.28%-3.80%
Jun 25, 2024Charles NeivertPiper Sandler$95.00$92.772.40%10.11%
Jun 13, 2024Joshua SpectorUBS$124.00$112.6510.08%43.72%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Nov 12, 2024KeyBancOverweightOverweighthold
Oct 07, 2024Wells FargoEqual-WeightEqual-Weighthold
Sep 27, 2024JefferiesBuyBuyhold
Aug 16, 2024BMO CapitalOutperformOutperformhold
Aug 08, 2024Piper SandlerUnderweightUnderweighthold
Aug 06, 2024RBC CapitalOutperformOutperformhold
Aug 05, 2024KeyBancOverweightOverweighthold
Jul 31, 2024Wells FargoSector PerformSector Performhold
Jul 17, 2024HSBCHolddowngrade
Jul 10, 2024Wells FargoSector PerformEqual-Weightdowngrade

Financial Forecast


EPS Forecast

$-5 $2 $9 $16 $23 $30 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 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

$3B $4B $6B $8B $9B $11B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 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

$-500M $300M $1B $2B $3B $4B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 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%------

ALB Forecast FAQ


Is Albemarle stock a buy?

Albemarle stock has a consensus rating of Buy, based on 18 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 11 Buy, 5 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that Albemarle is a favorable investment for most analysts.

What is Albemarle's price target?

Albemarle's price target, set by 18 Wall Street analysts, averages $116.67 over the next 12 months. The price target range spans from $90 at the low end to $150 at the high end, suggesting a potential 35.22% change from the previous close price of $86.28.

How does Albemarle stock forecast compare to the average forecast of its sector, industry, and investment themes?

Albemarle stock forecast shows a 35.22% upside, outperforming the average forecast for the basic materials stocks sector (18.06%), leading the electric vehicle stocks list (-6.34%) and lithium stocks list (27.21%) investment themes while trailing the EV Battery Stocks List (55.34%) investment theme.

What is the breakdown of analyst ratings for Albemarle over the past three months?

  • January 2025: 10.34% Strong Buy, 27.59% Buy, 55.17% Hold, 3.45% Sell, 3.45% Strong Sell.
  • December 2024: 10.71% Strong Buy, 28.57% Buy, 53.57% Hold, 3.57% Sell, 3.57% Strong Sell.
  • November 2024: 10.71% Strong Buy, 28.57% Buy, 53.57% Hold, 3.57% Sell, 3.57% Strong Sell.

What is Albemarle’s EPS forecast?

Albemarle's average annual EPS forecast for its fiscal year ending in December is -1.89 for 2024, a -114.09% decrease from the reported $13.41 in 2023. The prediction for 2025 is $-0.07, $3.11 for 2026, $5.59 for 2027, and $5.55 for 2028.

What is Albemarle’s revenue forecast?

Albemarle's average annual revenue forecast for its fiscal year ending in December is $5.47B for 2024, a -43.08% decrease from the reported $9.62B in 2023. The forecast for 2025 is $5.33B, $6.21B for 2026, $7.39B for 2027, and $8.21B for 2028.

What is Albemarle’s net income forecast?

For its fiscal year ending in December, Albemarle's average annual net income forecast is $-144M for 2024, reflecting a -109.16% decrease from the reported $1.57B in 2023. The projection for 2025 is $-2.053M, $356.59M for 2026, $657.72M for 2027, and $653.6M for 2028.