Albemarle Corporation (ALB)
NYSE: ALB · Real-Time Price · USD
109.55
+3.10 (2.91%)
At close: Nov 20, 2024, 4:00 PM
108.92
-0.63 (-0.58%)
After-hours: Nov 20, 2024, 7:49 PM EST
Albemarle Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for Albemarle stock have an average target of 114.81, with a low estimate of 78 and a high estimate of 170. The average target predicts an increase of 4.80% from the current stock price of 109.55.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Albemarle stock from 22 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 2 | 2 | 2 | 2 |
| Buy | 6 | 6 | 5 | 5 | 5 | 4 |
| Hold | 9 | 12 | 14 | 14 | 14 | 14 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 23 | 23 | 23 | 23 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $108 → $133 | Buy | Maintains | $108 → $133 | +21.41% | Nov 12, 2024 |
| Keybanc | Keybanc | Buy Maintains $132 → $127 | Buy | Maintains | $132 → $127 | +15.93% | Nov 12, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $171 → $170 | Buy | Maintains | $171 → $170 | +55.18% | Nov 8, 2024 |
| Baird | Baird | Hold Maintains $85 → $79 | Hold | Maintains | $85 → $79 | -27.89% | Oct 25, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $100 → $110 | Hold | Maintains | $100 → $110 | +0.41% | Oct 8, 2024 |
Financial Forecast
Revenue This Year
5.59B
from 9.62B
Decreased by -41.85%
Revenue Next Year
6.00B
from 5.59B
Increased by 7.33%
EPS This Year
-0.63
from 13.36
EPS Next Year
2.03
from -0.63
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.3B | 7.3B | 9.6B | ||
| Avg | 5.6B | 6.0B | 6.9B | ||
| Low | 5.0B | 4.4B | 5.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -34.2% | 29.8% | 60.2% | ||
| Avg | -41.9% | 7.3% | 15.2% | ||
| Low | -47.8% | -20.5% | -5.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.26 | 6.13 | 23.61 | ||
| Avg | -0.63 | 2.03 | 4.99 | ||
| Low | -2.94 | -2.65 | -1.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -75.6% | - | 1,064.1% | ||
| Avg | - | - | 146.1% | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.