Albemarle (ALB) Stock Forecast, Price Target & Predictions


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ALB Stock Forecast


Albemarle stock forecast is as follows: an average price target of $193.85 (represents a 121.69% upside from ALB’s last price of $87.44) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.

ALB Price Target


The average price target for Albemarle (ALB) is $193.85 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $320.00 to $83.00. This represents a potential 121.69% upside from ALB's last price of $87.44.

ALB Analyst Ratings


Buy

According to 18 Wall Street analysts, Albemarle's rating consensus is 'Buy'. The analyst rating breakdown for ALB stock is 0 'Strong Buy' (0.00%), 11 'Buy' (61.11%), 5 'Hold' (27.78%), 2 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).

Albemarle Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 16, 2024Joel JacksonBMO Capital$150.00$77.8192.78%71.55%
Aug 08, 2024Charles NeivertPiper Sandler$90.00$80.3911.95%2.93%
Aug 06, 2024Arun ViswanathanRBC Capital$111.00$81.0536.95%26.94%
Aug 05, 2024Aleksey YefremovKeyBanc$132.00$83.8057.52%50.96%
Jul 31, 2024Andres Castanos-MollorBerenberg Bank$83.00$92.51-10.28%-5.08%
Jun 25, 2024Charles NeivertPiper Sandler$95.00$92.772.40%8.65%
Jun 13, 2024Joshua SpectorUBS$124.00$112.6510.08%41.81%
Jun 12, 2024Bill SeleskyArgus Research$166.00$112.6547.36%89.84%
May 30, 2024Charles NeivertPiper Sandler$122.00$124.38-1.91%39.52%
May 21, 2024Ben IsaacsonScotiabank$135.00$127.505.89%54.39%
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The latest Albemarle stock forecast, released on Aug 16, 2024 by Joel Jackson from BMO Capital, set a price target of $150.00, which represents a 92.78% increase from the stock price at the time of the forecast ($77.81), and a 71.55% increase from ALB last price ($87.44).

Albemarle Price Target by Period


1M3M12M
# Anlaysts1618
Avg Price Target$150.00$110.17$145.56
Last Closing Price$87.44$87.44$87.44
Upside/Downside71.55%25.99%66.47%

In the current month, the average price target of Albemarle stock is $150.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 71.55% increase as opposed to Albemarle's last price of $87.44. This month's average price target is up 36.15% compared to last quarter, and up 3.05% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 16, 2024BMO CapitalOutperformOutperformHold
Aug 08, 2024Piper SandlerUnderweightUnderweightHold
Aug 06, 2024RBC CapitalOutperformOutperformHold
Aug 05, 2024KeyBancOverweightOverweightHold
Jul 31, 2024Wells FargoSector PerformSector PerformHold
Jul 31, 2024UBSUnderperformUnderperformHold
Jul 17, 2024HSBC-HoldDowngrade
Jul 10, 2024Wells FargoSector PerformEqual-WeightDowngrade
Jul 09, 2024Wells FargoSector PerformSector PerformHold
Jun 25, 2024Piper SandlerUnderweightUnderweightHold
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Albemarle's last stock rating was published by BMO Capital on Aug 16, 2024. The company gave ALB a "Outperform" rating, the same as its previous rate.

Albemarle Financial Forecast


Albemarle Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$2.31B$2.37B$2.58B$2.62B$2.09B-$1.13B$894.20M$830.57M$773.90M$829.29M$879.15M$746.87M$764.05M$738.85M$992.56M$879.75M
Avg Forecast$1.91B$1.73B$1.63B$1.48B$1.66B$1.55B$1.49B$1.37B$1.47B$1.40B$1.34B$1.29B$2.18B$2.52B$2.42B$2.71B$2.62B$2.22B$1.43B$1.04B$897.26M$765.09M$786.42M$758.48M$853.25M$734.69M$710.17M$762.58M$1.00B$882.41M
High Forecast$2.14B$1.93B$1.82B$1.65B$1.86B$1.73B$1.66B$1.52B$1.64B$1.56B$1.49B$1.45B$2.31B$2.91B$2.70B$3.03B$2.93B$2.48B$1.43B$1.26B$1.09B$927.91M$953.78M$919.89M$1.03B$891.03M$861.30M$924.86M$1.22B$1.07B
Low Forecast$1.63B$1.47B$1.38B$1.26B$1.41B$1.32B$1.27B$1.16B$1.25B$1.20B$1.13B$1.10B$2.10B$2.06B$2.05B$2.30B$2.23B$1.89B$1.43B$849.99M$736.07M$627.65M$645.15M$622.22M$699.97M$602.71M$582.59M$625.59M$822.94M$723.89M
# Analysts99998888910936168912771015888128813712
Surprise %-------------0.92%0.98%0.95%1.00%0.94%-1.09%1.00%1.09%0.98%1.09%1.03%1.02%1.08%0.97%0.99%1.00%

Albemarle's average Quarter revenue forecast for Dec 23 based on 6 analysts is $2.18B, with a low forecast of $2.10B, and a high forecast of $2.31B. ALB's average Quarter revenue forecast represents a -5.77% decrease compared to the company's last Quarter revenue of $2.31B (Sep 23).

Albemarle EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910936168912771015888128813712
EBITDA-------------$-140.01M$287.04M$1.27B$887.13M$976.66M-$402.45M$84.74M$-440.23M$600.16M$223.93M$155.46M$206.86M$176.75M$196.22M$164.45M$246.01M
Avg Forecast$366.15M$330.46M$311.16M$282.70M$317.99M$296.84M$284.90M$261.21M$280.89M$266.91M$255.45M$307.78M$416.52M$481.96M$462.39M$279.80M$501.40M$-367.55M$273.00M$254.36M$80.33M$-290.55M$556.77M$139.95M$145.56M$124.65M$145.27M$156.03M$165.40M$250.74M
High Forecast$408.78M$368.94M$347.40M$315.62M$355.02M$331.41M$318.07M$291.62M$313.59M$297.63M$285.19M$369.34M$441.98M$557.08M$516.23M$335.76M$559.78M$-294.04M$273.00M$305.24M$96.39M$-232.44M$668.13M$167.94M$174.68M$149.58M$174.33M$187.24M$198.48M$300.88M
Low Forecast$311.09M$280.77M$264.38M$240.19M$270.18M$252.21M$242.06M$221.93M$238.65M$230.43M$217.04M$246.23M$401.97M$394.02M$392.87M$223.84M$426.00M$-441.06M$273.00M$203.49M$64.26M$-348.66M$445.42M$111.96M$116.45M$99.72M$116.22M$124.83M$132.32M$200.59M
Surprise %--------------0.29%0.62%4.54%1.77%-2.66%-1.58%1.05%1.52%1.08%1.60%1.07%1.66%1.22%1.26%0.99%0.98%

16 analysts predict ALB's average Quarter EBITDA for Sep 23 to be $481.96M, with a high of $557.08M and a low of $394.02M. This is 67.91% upper than Albemarle's previous annual EBITDA (Jun 23) of $287.04M.

Albemarle Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910936168912771015888128813712
Net Income-------------$302.53M$650.04M$880.51M$838.99M$672.32M-$253.38M$-23.09M$-402.14M$424.60M$95.68M$58.53M$98.30M$85.62M$107.20M$90.39M$155.07M
Avg Forecast$175.10M$156.43M$120.68M$81.16M$98.11M$92.18M$81.77M$50.20M$-7.32M$-29.69M$50.16M$182.08M$115.60M$441.06M$526.61M$165.52M$970.83M$-327.93M$365.20M$150.48M$-3.62M$-259.24M$393.91M$59.80M$79.25M$59.23M$70.38M$85.25M$90.91M$158.05M
High Forecast$201.61M$180.11M$138.94M$93.45M$112.96M$106.13M$94.14M$57.80M$-5.89M$603.72M$57.75M$218.49M$188.00M$890.84M$606.33M$198.63M$1.12B$-262.35M$365.20M$180.57M$-2.90M$-207.39M$472.69M$71.76M$95.10M$71.08M$84.45M$102.30M$109.09M$189.66M
Low Forecast$140.87M$125.85M$97.09M$65.30M$78.93M$74.16M$65.78M$40.39M$-8.42M$-1.07B$40.36M$145.66M$22.19M$236.32M$423.67M$132.42M$781.06M$-393.52M$365.20M$120.38M$-4.35M$-311.08M$315.12M$47.84M$63.40M$47.39M$56.30M$68.20M$72.73M$126.44M
Surprise %-------------0.69%1.23%5.32%0.86%-2.05%-1.68%6.37%1.55%1.08%1.60%0.74%1.66%1.22%1.26%0.99%0.98%

Albemarle's average Quarter net income forecast for Dec 23 is $115.60M, with a range of $22.19M to $188.00M. ALB's average Quarter net income forecast represents a -61.79% decrease compared to the company's last Quarter net income of $302.53M (Sep 23).

Albemarle SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910936168912771015888128813712
SG&A-------------$173.87M$397.07M$154.31M$148.16M$134.48M-$112.57M$123.30M$103.48M$121.52M$93.19M$124.91M$96.09M$106.95M$101.88M$185.16M$108.14M
Avg Forecast$222.45M$200.76M$189.04M$171.75M$193.19M$180.34M$173.08M$158.69M$170.65M$162.16M$155.19M$80.89M$253.05M$292.80M$280.92M$73.54M$304.61M$86.39M$165.85M$66.85M$116.88M$68.29M$112.73M$58.24M$116.96M$57.90M$87.90M$81.01M$186.23M$110.21M
High Forecast$248.35M$224.14M$211.05M$191.75M$215.68M$201.34M$193.24M$177.17M$190.52M$180.82M$173.26M$97.07M$268.52M$338.44M$313.63M$88.24M$340.08M$103.67M$165.85M$80.22M$140.26M$81.95M$135.28M$69.89M$140.35M$69.48M$105.48M$97.21M$223.47M$132.26M
Low Forecast$189.00M$170.58M$160.62M$145.93M$164.14M$153.22M$147.06M$134.83M$144.99M$139.99M$131.86M$64.71M$244.21M$239.38M$238.68M$58.83M$258.81M$69.11M$165.85M$53.48M$93.50M$54.64M$90.19M$46.59M$93.57M$46.32M$70.32M$64.81M$148.98M$88.17M
Surprise %-------------0.59%1.41%2.10%0.49%1.56%-1.68%1.05%1.52%1.08%1.60%1.07%1.66%1.22%1.26%0.99%0.98%

Albemarle's average Quarter SG&A projection for Dec 23 is $253.05M, based on 6 Wall Street analysts, with a range of $244.21M to $268.52M. The forecast indicates a 45.54% rise compared to ALB last annual SG&A of $173.87M (Sep 23).

Albemarle EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99998888910936168912771015888128813712
EPS-------------$2.58$5.54$7.51$7.16$5.74-$2.16$-0.20$-3.44$3.63$0.85$0.55$0.92$0.81$1.01$0.85$1.46
Avg Forecast$1.49$1.33$1.03$0.69$0.83$0.78$0.70$0.43$-0.06$-0.25$0.43$0.25$0.98$3.75$4.48$7.27$8.26$6.97$3.11$1.64$1.00$0.77$0.84$0.80$1.10$0.78$0.74$0.82$1.74$1.56
High Forecast$1.72$1.53$1.18$0.80$0.96$0.90$0.80$0.49$-0.05$5.14$0.49$0.29$1.60$7.58$5.16$8.37$9.51$8.03$3.11$2.09$1.27$0.98$1.07$1.02$1.40$1.00$0.94$1.05$2.22$1.99
Low Forecast$1.20$1.07$0.83$0.56$0.67$0.63$0.56$0.34$-0.07$-9.09$0.34$0.20$0.19$2.01$3.60$5.85$6.65$5.61$3.11$1.26$0.76$0.59$0.64$0.61$0.84$0.60$0.57$0.63$1.34$1.20
Surprise %-------------0.69%1.24%1.03%0.87%0.82%-1.32%-0.20%-4.48%4.33%1.07%0.50%1.18%1.10%1.23%0.49%0.93%

According to 6 Wall Street analysts, Albemarle's projected average Quarter EPS for Dec 23 is $0.98, with a low estimate of $0.19 and a high estimate of $1.60. This represents a -61.88% decrease compared to ALB previous annual EPS of $2.58 (Sep 23).

Albemarle Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GEVOGevo$1.17$2.92149.57%Buy
ALBAlbemarle$87.44$193.85121.69%Buy
LTHMLivent$16.51$27.3365.54%Buy
PPGPPG Industries$126.98$162.4127.90%Buy
SQMSociedad Química y Minera de Chile$38.23$45.7519.67%Buy
DDDuPont de Nemours$81.42$93.2914.58%Buy
LYBLyondellBasell Industries$93.18$102.479.97%Buy
APDAir Products and Chemicals$284.13$300.085.61%Hold
ECLEcolab$250.54$240.72-3.92%Buy
SHWSherwin-Williams Company$375.40$340.79-9.22%Buy
LINLinde$468.81$424.58-9.43%Buy

ALB Forecast FAQ


Yes, according to 18 Wall Street analysts, Albemarle (ALB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 61.11% of ALB's total ratings.

Albemarle (ALB) average price target is $193.85 with a range of $83 to $320, implying a 121.69% from its last price of $87.44. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for ALB stock, the company can go up by 121.69% (from the last price of $87.44 to the average price target of $193.85), up by 265.97% based on the highest stock price target, and down by -5.08% based on the lowest stock price target.

ALB's average twelve months analyst stock price target of $193.85 supports the claim that Albemarle can reach $130 in the near future.

1 Wall Street analyst forecast a $150 price target for Albemarle (ALB) this month, up 71.55% from its last price of $87.44. Compared to the last 3 and 12 months, the average price target increased by 25.99% and increased by 66.47%, respectively.

Albemarle's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.07B (high $6.78B, low $5.16B), average EBITDA is $1.16B (high $1.3B, low $986.37M), average net income is $322.25M (high $371.03M, low $259.26M), average SG&A $705.3M (high $787.43M, low $599.25M), and average EPS is $2.74 (high $3.16, low $2.21). ALB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.75B (high $7.53B, low $5.73B), average EBITDA is $1.29B (high $1.44B, low $1.1B), average net income is $533.38M (high $614.11M, low $429.11M), average SG&A $784M (high $875.29M, low $666.12M), and average EPS is $4.54 (high $5.23, low $3.65).

Based on Albemarle's last annual report (Dec 2022), the company's revenue was $7.32B, beating the average analysts forecast of $7.31B by 0.19%. Apple's EBITDA was $2.87B, beating the average prediction of $661.21M by 333.40%. The company's net income was $2.04B, beating the average estimation of $1.16B by 76.33%. Apple's SG&A was $524.14M, missing the average forecast of $623.71M by -15.96%. Lastly, the company's EPS was $17.44, missing the average prediction of $19.98 by -12.70%. In terms of the last quarterly report (Sep 2023), Albemarle's revenue was $2.31B, missing the average analysts' forecast of $2.52B by -8.28%. The company's EBITDA was $-140M, missing the average prediction of $481.96M by -129.05%. Albemarle's net income was $302.53M, missing the average estimation of $441.06M by -31.41%. The company's SG&A was $173.87M, missing the average forecast of $292.8M by -40.62%. Lastly, the company's EPS was $2.58, missing the average prediction of $3.75 by -31.25%