Piedmont Lithium (PLL) Stock Forecast, Price Target & Predictions
PLL Stock Forecast
Piedmont Lithium stock forecast is as follows: an average price target of $8.90 (represents a -22.94% downside from PLL’s last price of $11.55) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
PLL Price Target
The average price target for Piedmont Lithium (PLL) is $8.90 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $9.30 to $8.50. This represents a potential -22.94% downside from PLL's last price of $11.55.
PLL Analyst Ratings
According to 2 Wall Street analysts, Piedmont Lithium's rating consensus is 'Buy'. The analyst rating breakdown for PLL stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Piedmont Lithium Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 24, 2024 | Greg Jones | BMO Capital | $8.50 | $7.83 | 8.56% | -26.41% |
| Aug 12, 2024 | Hayden Bairstow | Macquarie | $9.30 | $8.30 | 12.05% | -19.48% |
| Jul 25, 2024 | Greg Jones | BMO Capital | $15.00 | $10.39 | 44.37% | 29.87% |
| May 10, 2024 | Greg Jones | BMO Capital | $28.00 | $13.18 | 112.44% | 142.42% |
The latest Piedmont Lithium stock forecast, released on Sep 24, 2024 by Greg Jones from BMO Capital, set a price target of $8.50, which represents a 8.56% increase from the stock price at the time of the forecast ($7.83), and a -26.41% decrease from PLL last price ($11.55).
Piedmont Lithium Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 4 |
| Avg Price Target | $8.50 | $10.93 | $15.20 |
| Last Closing Price | $11.55 | $11.55 | $11.55 |
| Upside/Downside | -26.41% | -5.37% | 31.60% |
In the current month, the average price target of Piedmont Lithium stock is $8.50, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -26.41% decrease as opposed to Piedmont Lithium's last price of $11.55. This month's average price target is down -22.23% compared to last quarter, and down -44.08% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 16, 2024 | Macquarie | Neutral | Underperform | Downgrade |
| Sep 24, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Aug 12, 2024 | B. Riley | Buy | Buy | Hold |
| Aug 12, 2024 | Macquarie | - | Neutral | Downgrade |
| Jul 25, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 10, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
Piedmont Lithium's last stock rating was published by Macquarie on Oct 16, 2024. The company Downgrade its PLL rating from "Neutral" to "Underperform".
Piedmont Lithium Financial Forecast
Piedmont Lithium 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $47.13M |
| Avg Forecast | $41.10M | $41.10M | $41.10M | $41.10M | $39.46M | $37.12M | $35.44M | $33.42M | $30.18M | $28.91M | $27.64M | $25.92M | $52.60M | $32.77M | $16.32M | $16.44M | $26.55M | $63.25M |
| High Forecast | $41.10M | $41.10M | $41.10M | $41.10M | $39.46M | $37.12M | $35.44M | $33.42M | $30.18M | $28.91M | $27.64M | $25.92M | $52.60M | $39.49M | $16.33M | $16.44M | $36.07M | $95.45M |
| Low Forecast | $41.10M | $41.10M | $41.10M | $41.10M | $39.46M | $37.12M | $35.44M | $33.42M | $30.18M | $28.91M | $27.64M | $25.92M | $52.60M | $28.00M | $16.31M | $16.44M | $15.55M | $48.73M |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.75% |
Piedmont Lithium's average Quarter revenue forecast for Dec 23 based on 3 analysts is $26.55M, with a low forecast of $15.55M, and a high forecast of $36.07M. PLL's average Quarter revenue forecast represents a -43.66% decrease compared to the company's last Quarter revenue of $47.13M (Sep 23).
Piedmont Lithium 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $25.02M |
| Avg Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| High Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Low Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
3 analysts predict PLL's average Quarter EBITDA for Dec 23 to be -, with a high of - and a low of -. This is -100.00% lower than Piedmont Lithium's previous annual EBITDA (Sep 23) of $25.02M.
Piedmont Lithium 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.89M |
| Avg Forecast | $20.29M | $20.31M | $20.33M | $10.36M | $-2.58M | $-3.23M | $-5.70M | $-6.58M | $-2.55M | $-3.96M | $-4.70M | $-4.99M | $-4.58M | $-8.90M | $-6.99M | $-10.10M | $31.27M | $-11.79M |
| High Forecast | $20.29M | $20.31M | $20.33M | $10.36M | $-2.58M | $-3.23M | $-5.70M | $-6.58M | $-2.55M | $-3.96M | $-4.70M | $-4.99M | $-4.58M | $-5.21M | $-6.99M | $-10.10M | $68.30M | $-9.10M |
| Low Forecast | $20.29M | $20.31M | $20.33M | $10.36M | $-2.58M | $-3.23M | $-5.70M | $-6.58M | $-2.55M | $-3.96M | $-4.70M | $-4.99M | $-4.58M | $-12.16M | $-6.99M | $-10.10M | $12.34M | $-13.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.94% |
Piedmont Lithium's average Quarter net income forecast for Dec 23 is $31.27M, with a range of $12.34M to $68.30M. PLL's average Quarter net income forecast represents a 36.59% increase compared to the company's last Quarter net income of $22.89M (Sep 23).
Piedmont Lithium 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $11.19M |
| Avg Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| High Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Low Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Piedmont Lithium's average Quarter SG&A projection for Dec 23 is -, based on 3 Wall Street analysts, with a range of - to -. The forecast indicates a -100.00% fall compared to PLL last annual SG&A of $11.19M (Sep 23).
Piedmont Lithium 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.19 |
| Avg Forecast | $1.05 | $1.06 | $1.06 | $0.54 | $-0.13 | $-0.17 | $-0.30 | $-0.34 | $-0.13 | $-0.21 | $-0.24 | $-0.26 | $-0.24 | $-0.46 | $-0.36 | $-0.52 | $1.63 | $-0.61 |
| High Forecast | $1.05 | $1.06 | $1.06 | $0.54 | $-0.13 | $-0.17 | $-0.30 | $-0.34 | $-0.13 | $-0.21 | $-0.24 | $-0.26 | $-0.24 | $-0.27 | $-0.36 | $-0.52 | $3.55 | $-0.47 |
| Low Forecast | $1.05 | $1.06 | $1.06 | $0.54 | $-0.13 | $-0.17 | $-0.30 | $-0.34 | $-0.13 | $-0.21 | $-0.24 | $-0.26 | $-0.24 | $-0.63 | $-0.36 | $-0.52 | $0.64 | $-0.72 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.94% |
According to 3 Wall Street analysts, Piedmont Lithium's projected average Quarter EPS for Dec 23 is $1.63, with a low estimate of $0.64 and a high estimate of $3.55. This represents a 36.57% increase compared to PLL previous annual EPS of $1.19 (Sep 23).
Piedmont Lithium Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LAC | Lithium Americas | $3.24 | $18.08 | 458.02% | Buy |
| VALE | Vale | $10.74 | $17.75 | 65.27% | Buy |
| RIO | Rio Tinto Group | $65.09 | $90.40 | 38.88% | Buy |
| MP | MP Materials | $18.29 | $22.57 | 23.40% | Buy |
| BHP | BHP Group | $56.89 | $47.80 | -15.98% | Hold |
| TECK | Teck Resources | $50.50 | $40.31 | -20.18% | Buy |
| PLL | Piedmont Lithium | $11.55 | $8.90 | -22.94% | Buy |
PLL Forecast FAQ
Is Piedmont Lithium a good buy?
Yes, according to 2 Wall Street analysts, Piedmont Lithium (PLL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of PLL's total ratings.
What is PLL's price target?
Piedmont Lithium (PLL) average price target is $8.9 with a range of $8.5 to $9.3, implying a -22.94% from its last price of $11.55. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Piedmont Lithium stock go up soon?
According to Wall Street analysts' prediction for PLL stock, the company can go down by -22.94% (from the last price of $11.55 to the average price target of $8.9), down by -19.48% based on the highest stock price target, and down by -26.41% based on the lowest stock price target.
Can Piedmont Lithium stock reach $20?
PLL's average twelve months analyst stock price target of $8.9 does not support the claim that Piedmont Lithium can reach $20 in the near future.
What is Piedmont Lithium's current price target trend?
1 Wall Street analyst forecast a $8.5 price target for Piedmont Lithium (PLL) this month, down -26.41% from its last price of $11.55. Compared to the last 3 and 12 months, the average price target decreased by -5.37% and increased by 31.60%, respectively.
What are Piedmont Lithium's analysts' financial forecasts?
Piedmont Lithium's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $145.44M (high $145.44M, low $145.44M), average EBITDA is $0 (high $0, low $0), average net income is $-18.087M (high $-18.087M, low $-18.087M), average SG&A $0 (high $0, low $0), and average EPS is $-0.94 (high $-0.94, low $-0.94). PLL's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $164.41M (high $164.41M, low $164.41M), average EBITDA is $0 (high $0, low $0), average net income is $71.28M (high $71.28M, low $71.28M), average SG&A $0 (high $0, low $0), and average EPS is $3.71 (high $3.71, low $3.71).
Did the PLL's actual financial results beat the analysts' financial forecasts?
In terms of the last quarterly report (Sep 2023), Piedmont Lithium's revenue was $47.13M, missing the average analysts' forecast of $63.25M by -25.49%. The company's EBITDA was $25.02M, beating the average prediction of $0 by 0%. Piedmont Lithium's net income was $22.89M, missing the average estimation of $-11.792M by -294.12%. The company's SG&A was $11.18M, beating the average forecast of $0 by 0%. Lastly, the company's EPS was $1.19, missing the average prediction of $-0.613 by -294.15%