Arcadium Lithium plc (ALTM)
NYSE: ALTM · IEX Real-Time Price · USD
3.220
-0.040 (-1.23%)
At close: Jul 2, 2024, 4:00 PM
3.270
+0.050 (1.55%)
After-hours: Jul 2, 2024, 7:54 PM EDT
Arcadium Lithium Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Arcadium Lithium stock have an average target of 6.28, with a low estimate of 3.75 and a high estimate of 11. The average target predicts an increase of 95.03% from the current stock price of 3.22.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ALTM stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 2 | 3 | 3 | 2 | 2 | 3 |
| Hold | 4 | 5 | 6 | 6 | 6 | 7 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 9 | 10 | 10 | 10 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Initiates $4.3 | Hold | Initiates | $4.3 | +33.54% | Jun 27, 2024 |
| RBC Capital | RBC Capital | Buy Initiates $4 | Buy | Initiates | $4 | +24.22% | Jun 26, 2024 |
| Piper Sandler | Piper Sandler | Sell Maintains $5 → $3.75 | Sell | Maintains | $5 → $3.75 | +16.46% | Jun 25, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $6 → $5.5 | Hold | Maintains | $6 → $5.5 | +70.81% | May 15, 2024 |
| Keybanc | Keybanc | Buy Maintains $12 → $11 | Buy | Maintains | $12 → $11 | +241.61% | Apr 9, 2024 |
Financial Forecast
Revenue This Year
1.27B
from 882.50M
Increased by 44.02%
Revenue Next Year
1.74B
from 1.27B
Increased by 37.21%
EPS This Year
0.24
from 1.58
Decreased by -84.53%
EPS Next Year
0.35
from 0.24
Increased by 44.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.7B | 2.3B | 3.2B | 3.9B | 4.4B |
| Avg | 1.3B | 1.7B | 2.4B | 3.1B | 3.8B |
| Low | 1.1B | 1.5B | 1.8B | 1.9B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 92.3% | 77.0% | 84.1% | 62.9% | 42.0% |
| Avg | 44.0% | 37.2% | 36.8% | 29.7% | 22.8% |
| Low | 22.6% | 14.6% | 0.6% | -18.4% | 9.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.34 | 0.53 | 1.62 | 1.05 | 2.42 |
| Avg | 0.24 | 0.35 | 0.70 | 0.94 | 2.35 |
| Low | 0.15 | 0.10 | 0.38 | 0.82 | 2.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -78.7% | 114.7% | 358.5% | 50.6% | 157.4% |
| Avg | -84.5% | 44.2% | 97.7% | 34.6% | 150.0% |
| Low | -90.4% | -59.1% | 6.4% | 18.0% | 140.2% |
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.