Li-Cycle (LICY) Stock Forecast, Price Target & Predictions


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LICY Stock Forecast


Li-Cycle (LICY) stock forecast, based on 3 Wall Street analysts, predicts a 12-month average price target of $9.60, with a high of $13.00 and a low of $7.00. This represents a 850.50% increase from the last price of $1.01.

- $3 $6 $9 $12 $15 High: $13 Avg: $9.6 Low: $7 Last Closed Price: $1.01

LICY Stock Rating


Li-Cycle stock's rating consensus is Buy, based on 3 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (66.67%), 1 Hold (33.33%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 3 1 2 0 Strong Sell Sell Hold Buy Strong Buy

LICY Forecast vs Benchmarks


TypeNameUpside
StockLi-Cycle850.50%
SectorIndustrials Stocks 15.95%
IdeaElectric Vehicle Stocks List-6.34%
IdeaEV Battery Stocks List55.34%

Price Target Trends


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$1.01$1.01$1.01
Upside/Downside---
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 251-1--2
Dec, 241-2--3
Nov, 241-2--3
Oct, 241-3--4
Sep, 241-4--5
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 01, 2023Citigroup$7.00$5.5027.27%593.07%
Dec 15, 2022Citigroup$7.50$5.2941.78%642.57%
Sep 30, 2022Morgan Stanley$7.00$5.5226.81%593.07%
Sep 16, 2022Brian DobsonLoop Capital Markets$13.00$6.02115.95%1187.13%
Sep 15, 2022Chardan Capital$13.00$6.40103.13%1187.13%
Sep 15, 2022Robert W. Baird$8.00$6.7418.69%692.08%
Jun 15, 2022Robert W. Baird$11.00$7.1254.49%989.11%
Jun 03, 2022Morgan Stanley$8.00$8.00-692.08%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Dec 15, 2022CitigroupBuyBuyhold
Sep 30, 2022Morgan StanleyEqual-WeightEqual-Weighthold
Sep 15, 2022Chardan CapitalBuyBuyhold
Jun 03, 2022Morgan StanleyEqual-WeightEqual-Weighthold

Financial Forecast


EPS Forecast

$-10 $-8 $-6 $-4 $-2 $0 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported--$-0.78----
Avg Forecast$-2.60$-2.00$-9.56$-2.40$-2.32$-2.20$-6.53
High Forecast$-2.77$-2.00$-9.56$-2.40$-2.32$-2.20$-6.53
Low Forecast$-2.43$-2.00$-9.56$-2.40$-2.32$-2.20$-6.53
Surprise %---91.84%----

Revenue Forecast

$0 $90M $180M $270M $360M $450M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported--$18.30M----
Avg Forecast$7.64M$18.79M$9.08M$29.00M$35.19M$42.22M$403.70M
High Forecast$7.26M$18.79M$9.08M$29.00M$35.19M$42.22M$403.70M
Low Forecast$8.02M$18.79M$9.08M$29.00M$35.19M$42.22M$403.70M
Surprise %--101.58%----

Net Income Forecast

$-2B $-2B $-1B $-800M $-400M $0 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported--$-138.00M----
Avg Forecast$-461.80M$-354.22M$-1.70B$-426.50M$-411.66M$-390.65M$-1.16B
High Forecast$-491.63M$-354.22M$-1.70B$-426.50M$-411.66M$-390.65M$-1.16B
Low Forecast$-432.04M$-354.22M$-1.70B$-426.50M$-411.66M$-390.65M$-1.16B
Surprise %---91.87%----

LICY Forecast FAQ


Is Li-Cycle stock a buy?

Li-Cycle stock has a consensus rating of Buy, based on 3 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Li-Cycle is a favorable investment for most analysts.

What is Li-Cycle's price target?

Li-Cycle's price target, set by 3 Wall Street analysts, averages $9.6 over the next 12 months. The price target range spans from $7 at the low end to $13 at the high end, suggesting a potential 850.50% change from the previous close price of $1.01.

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

Li-Cycle stock forecast shows a 850.50% upside, outperforming the average forecast for the industrials stocks sector (15.95%), leading the electric vehicle stocks list (-6.34%) and ev battery stocks list (55.34%) investment themes.

What is the breakdown of analyst ratings for Li-Cycle over the past three months?

  • January 2025: 50.00% Strong Buy, 0% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 33.33% Strong Buy, 0% Buy, 66.67% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 33.33% Strong Buy, 0% Buy, 66.67% Hold, 0% Sell, 0% Strong Sell.

What is Li-Cycle’s EPS forecast?

Li-Cycle's average annual EPS forecast for its fiscal year ending in December is -2.4 for 2024, a 207.69% increase from the reported $-0.78 in 2023. The prediction for 2025 is $-2.32, $-2.2 for 2026, and $-6.53 for 2027.

What is Li-Cycle’s revenue forecast?

Li-Cycle's average annual revenue forecast for its fiscal year ending in December is $29M for 2024, a 58.47% increase from the reported $18.3M in 2023. The forecast for 2025 is $35.18M, $42.22M for 2026, and $403.7M for 2027.

What is Li-Cycle’s net income forecast?

For its fiscal year ending in December, Li-Cycle's average annual net income forecast is $-427M for 2024, reflecting an 209.06% increase from the reported $-138M in 2023. The projection for 2025 is $-412M, $-391M for 2026, and $-1.159B for 2027.