Li-Cycle (LICY) Stock Forecast, Price Target & Predictions
LICY Stock Forecast
Li-Cycle stock forecast is as follows: an average price target of $9.60 (represents a 370.59% upside from LICY’s last price of $2.04) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
LICY Price Target
The average price target for Li-Cycle (LICY) is $9.60 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $7.00. This represents a potential 370.59% upside from LICY's last price of $2.04.
LICY Analyst Ratings
According to 3 Wall Street analysts, Li-Cycle's rating consensus is 'Buy'. The analyst rating breakdown for LICY stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Li-Cycle Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Feb 01, 2023 | - | Citigroup | $7.00 | $5.50 | 27.27% | 243.14% |
| Dec 15, 2022 | - | Citigroup | $7.50 | $5.29 | 41.78% | 267.65% |
| Sep 30, 2022 | - | Morgan Stanley | $7.00 | $5.51 | 26.93% | 243.14% |
| Sep 16, 2022 | Brian Dobson | Loop Capital Markets | $13.00 | $6.01 | 116.13% | 537.25% |
| Sep 15, 2022 | - | Chardan Capital | $13.00 | $6.39 | 103.28% | 537.25% |
| Sep 15, 2022 | - | Robert W. Baird | $8.00 | $6.74 | 18.78% | 292.16% |
| Jun 15, 2022 | - | Robert W. Baird | $11.00 | $7.12 | 54.49% | 439.22% |
| Jun 03, 2022 | - | Morgan Stanley | $8.00 | $8.00 | - | 292.16% |
The latest Li-Cycle stock forecast, released on Feb 01, 2023 by Citigroup company, set a price target of $7.00, which represents a 27.27% increase from the stock price at the time of the forecast ($5.50), and a 243.14% increase from LICY last price ($2.04).
Li-Cycle Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $2.04 | $2.04 | $2.04 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Li-Cycle stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Li-Cycle's last price of $2.04. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 15, 2022 | Citigroup | Buy | Buy | Hold |
| Sep 30, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Sep 15, 2022 | Chardan Capital | Buy | Buy | Hold |
| Jun 03, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Li-Cycle's last stock rating was published by Citigroup on Dec 15, 2022. The company gave LICY a "Buy" rating, the same as its previous rate.
Li-Cycle Financial Forecast
Li-Cycle Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.70M | - | $3.60M | - | - | - | - | - | - |
| Avg Forecast | $63.36M | $63.26M | $63.16M | $63.06M | $18.33M | $6.96M | $7.17M | $5.99M | $8.18M | $8.13M | $8.06M | $7.03M | $6.99M | $6.99M | $4.28M | $4.84M | $1.84M | $2.79M | $8.30M | $6.40M | $9.31M | $10.62M | $6.09M | $6.77M | $5.42M | $1.53M |
| High Forecast | $72.62M | $72.50M | $72.39M | $72.28M | $21.01M | $7.98M | $8.22M | $6.87M | $9.38M | $9.32M | $9.24M | $8.06M | $8.01M | $8.01M | $4.90M | $5.55M | $2.65M | $3.20M | $9.51M | $7.33M | $10.67M | $12.18M | $6.09M | $6.77M | $5.42M | $1.84M |
| Low Forecast | $54.19M | $54.11M | $54.02M | $53.94M | $15.68M | $5.96M | $6.13M | $5.12M | $7.00M | $6.96M | $6.89M | $6.01M | $5.98M | $5.98M | $3.66M | $4.14M | $1.40M | $2.39M | $7.10M | $5.47M | $7.96M | $9.09M | $6.09M | $6.77M | $5.42M | $1.23M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | - | - | - | - | 9 | 9 | 10 | 20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.68% | - | 0.56% | - | - | - | - | - | - |
Li-Cycle's average Quarter revenue forecast for Dec 23 based on 3 analysts is $1.84M, with a low forecast of $1.40M, and a high forecast of $2.65M. LICY's average Quarter revenue forecast represents a -60.90% decrease compared to the company's last Quarter revenue of $4.70M (Sep 23).
Li-Cycle EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | - | - | - | - | 9 | 9 | 10 | 20 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-36.40M | - | $-30.40M | - | - | - | - | - | - |
| Avg Forecast | $-63.36M | $-63.26M | $-63.16M | $-63.06M | $-18.33M | $-6.96M | $-7.17M | $-5.99M | $-8.18M | $-8.13M | $-8.06M | $-7.03M | $-6.99M | $-6.99M | $-4.28M | $-4.84M | $-1.84M | $-2.79M | $-8.30M | $-6.40M | $-9.31M | $-4.88M | $-10.79M | $-6.77M | $-5.42M | $-5.22M |
| High Forecast | $-54.19M | $-54.11M | $-54.02M | $-53.94M | $-15.68M | $-5.96M | $-6.13M | $-5.12M | $-7.00M | $-6.96M | $-6.89M | $-6.01M | $-5.98M | $-5.98M | $-3.66M | $-4.14M | $-1.40M | $-2.39M | $-7.10M | $-5.47M | $-7.96M | $-3.90M | $-8.63M | $-6.77M | $-5.42M | $-4.17M |
| Low Forecast | $-72.62M | $-72.50M | $-72.39M | $-72.28M | $-21.01M | $-7.98M | $-8.22M | $-6.87M | $-9.38M | $-9.32M | $-9.24M | $-8.06M | $-8.01M | $-8.01M | $-4.90M | $-5.55M | $-2.65M | $-3.20M | $-9.51M | $-7.33M | $-10.67M | $-5.85M | $-12.95M | $-6.77M | $-5.42M | $-6.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.04% | - | 4.75% | - | - | - | - | - | - |
undefined analysts predict LICY's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Li-Cycle's previous annual EBITDA (undefined) of $NaN.
Li-Cycle Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | - | - | - | - | 9 | 9 | 10 | 20 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-130.50M | - | $-39.40M | - | - | - | - | - | - |
| Avg Forecast | $-162.54M | $-164.85M | $-167.21M | $-169.59M | $-178.60M | $-261.72M | $-261.93M | $-261.45M | $-255.29M | $-257.13M | $-256.31M | $-237.90M | $-229.42M | $-234.93M | $-352.52M | $-186.90M | $-328.61M | $-358.56M | $-251.63M | $-241.36M | $-190.41M | $-5.78M | $-13.75M | $-102.21M | $-47.55M | $-6.18M |
| High Forecast | $-131.96M | $-133.84M | $-135.75M | $-137.69M | $-145.00M | $-212.49M | $-212.66M | $-212.27M | $-207.26M | $-208.76M | $-208.09M | $-193.15M | $-186.26M | $-117.46M | $-286.20M | $-151.74M | $-213.60M | $-291.11M | $-204.30M | $-195.96M | $-154.60M | $-4.63M | $-11.00M | $-102.21M | $-47.55M | $-4.95M |
| Low Forecast | $-193.41M | $-196.17M | $-198.97M | $-201.81M | $-212.52M | $-311.44M | $-311.69M | $-311.12M | $-303.78M | $-305.97M | $-305.00M | $-283.09M | $-273.00M | $-352.39M | $-419.48M | $-222.40M | $-377.90M | $-426.68M | $-299.43M | $-287.21M | $-226.59M | $-6.94M | $-16.50M | $-102.21M | $-47.55M | $-7.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.36% | - | 0.16% | - | - | - | - | - | - |
Li-Cycle's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. LICY's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Li-Cycle SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | - | - | - | - | 9 | 9 | 10 | 20 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $37.30M | - | $26.20M | - | - | - | - | - | - |
| Avg Forecast | $797.10M | $795.85M | $794.59M | $793.33M | $230.57M | $87.62M | $90.18M | $75.38M | $102.94M | $102.31M | $101.38M | $88.42M | $87.90M | $87.90M | $53.78M | $60.94M | $23.12M | $35.12M | $104.42M | $80.50M | $117.12M | $4.04M | $76.64M | $85.14M | $68.15M | $19.28M |
| High Forecast | $913.59M | $912.14M | $910.70M | $909.26M | $264.26M | $100.43M | $103.36M | $86.39M | $117.98M | $117.26M | $116.20M | $101.35M | $100.74M | $100.74M | $61.64M | $69.85M | $33.31M | $40.25M | $119.68M | $92.27M | $134.24M | $4.85M | $76.64M | $85.14M | $68.15M | $23.14M |
| Low Forecast | $681.76M | $680.69M | $679.61M | $678.54M | $197.21M | $74.94M | $77.13M | $64.47M | $88.05M | $87.51M | $86.71M | $75.63M | $75.18M | $75.18M | $46.00M | $52.12M | $17.55M | $30.03M | $89.31M | $68.85M | $100.18M | $3.23M | $76.64M | $85.14M | $68.15M | $15.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | - | 0.33% | - | - | - | - | - | - |
Li-Cycle's average Quarter SG&A projection for Dec 23 is $23.12M, based on 3 Wall Street analysts, with a range of $17.55M to $33.31M. The forecast indicates a -38.01% fall compared to LICY last annual SG&A of $37.30M (Sep 23).
Li-Cycle EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | - | - | - | - | 9 | 9 | 10 | 20 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.73 | - | $-0.22 | - | - | - | - | - | - |
| Avg Forecast | $-0.91 | $-0.93 | $-0.94 | $-0.95 | $-1.00 | $-1.47 | $-1.47 | $-1.47 | $-1.43 | $-1.44 | $-1.44 | $-1.33 | $-1.29 | $-1.32 | $-1.98 | $-1.05 | $-1.84 | $-2.01 | $-1.41 | $-1.35 | $-1.07 | $-0.99 | $-0.85 | $-0.57 | $-0.27 | $1.25 |
| High Forecast | $-0.74 | $-0.75 | $-0.76 | $-0.77 | $-0.81 | $-1.19 | $-1.19 | $-1.19 | $-1.16 | $-1.17 | $-1.17 | $-1.08 | $-1.05 | $-0.66 | $-1.61 | $-0.85 | $-1.20 | $-1.63 | $-1.15 | $-1.10 | $-0.87 | $-0.80 | $-0.85 | $-0.57 | $-0.27 | $1.25 |
| Low Forecast | $-1.09 | $-1.10 | $-1.12 | $-1.13 | $-1.19 | $-1.75 | $-1.75 | $-1.75 | $-1.70 | $-1.72 | $-1.71 | $-1.59 | $-1.53 | $-1.98 | $-2.35 | $-1.25 | $-2.12 | $-2.39 | $-1.68 | $-1.61 | $-1.27 | $-1.18 | $-0.85 | $-0.57 | $-0.27 | $1.25 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.36% | - | 0.16% | - | - | - | - | - | - |
According to undefined Wall Street analysts, Li-Cycle's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to LICY previous annual EPS of $NaN (undefined).
Li-Cycle Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LICY | Li-Cycle | $2.04 | $9.60 | 370.59% | Buy |
| MEG | Montrose Environmental Group | $29.76 | $52.50 | 76.41% | Buy |
| PESI | Perma-Fix Environmental Services | $11.41 | $18.00 | 57.76% | Buy |
| GFL | GFL Environmental | $39.19 | $44.90 | 14.57% | Buy |
| CWST | Casella Waste Systems | $106.73 | $112.00 | 4.94% | Strong Buy |
| SRCL | Stericycle | $61.68 | $56.33 | -8.67% | Hold |
| WCN | Waste Connections | $181.41 | $165.13 | -8.97% | Buy |
| RSG | Republic Services | $201.75 | $180.50 | -10.53% | Buy |
| CLH | Clean Harbors | $241.82 | $197.13 | -18.48% | Buy |
LICY Forecast FAQ
Is Li-Cycle a good buy?
Yes, according to 3 Wall Street analysts, Li-Cycle (LICY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of LICY's total ratings.
What is LICY's price target?
Li-Cycle (LICY) average price target is $9.6 with a range of $7 to $13, implying a 370.59% from its last price of $2.04. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Li-Cycle stock go up soon?
According to Wall Street analysts' prediction for LICY stock, the company can go up by 370.59% (from the last price of $2.04 to the average price target of $9.6), up by 537.25% based on the highest stock price target, and up by 243.14% based on the lowest stock price target.
Can Li-Cycle stock reach $3?
LICY's average twelve months analyst stock price target of $9.6 supports the claim that Li-Cycle can reach $3 in the near future.
What are Li-Cycle's analysts' financial forecasts?
Li-Cycle's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $38.45M (high $44.07M, low $32.89M), average EBITDA is $-38.452M (high $-32.888M, low $-44.071M), average net income is $-964M (high $-782M, low $-1.147B), average SG&A $483.75M (high $554.44M, low $413.75M), and average EPS is $-5.408 (high $-4.391, low $-6.435). LICY's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $252.84M (high $289.79M, low $216.25M), average EBITDA is $-253M (high $-216M, low $-290M), average net income is $-664M (high $-539M, low $-790M), average SG&A $3.18B (high $3.65B, low $2.72B), and average EPS is $-3.727 (high $-3.026, low $-4.435).
Did the LICY's actual financial results beat the analysts' financial forecasts?
Based on Li-Cycle's last annual report (Dec 2023), the company's revenue was $18.3M, which missed the average analysts forecast of $19.33M by -5.32%. Apple's EBITDA was $-163M, beating the average prediction of $-19.328M by 741.25%. The company's net income was $-138M, missing the average estimation of $-1.18B by -88.31%. Apple's SG&A was $93.4M, missing the average forecast of $243.16M by -61.59%. Lastly, the company's EPS was $-0.78, missing the average prediction of $-6.623 by -88.22%. In terms of the last quarterly report (Sep 2023), Li-Cycle's revenue was $4.7M, beating the average analysts' forecast of $2.79M by 68.38%. The company's EBITDA was $-36.4M, beating the average prediction of $-2.791M by 1204.07%. Li-Cycle's net income was $-130M, missing the average estimation of $-359M by -63.60%. The company's SG&A was $37.3M, beating the average forecast of $35.12M by 6.22%. Lastly, the company's EPS was $-0.73, missing the average prediction of $-2.012 by -63.72%