Arcadium Lithium plc (ALTM)
NYSE: ALTM · IEX Real-Time Price · USD
3.880
-0.090 (-2.27%)
At close: Apr 26, 2024, 4:00 PM
3.919
+0.039 (1.01%)
After-hours: Apr 26, 2024, 7:34 PM EDT
Arcadium Lithium Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Arcadium Lithium stock have an average target of 7.06, with a low estimate of 5.00 and a high estimate of 11. The average target predicts an increase of 81.96% from the current stock price of 3.88.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ALTM stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 0 | 0 | 2 | 3 | 3 | 2 |
| Hold | 0 | 0 | 4 | 5 | 6 | 6 |
| Sell | 2 | 2 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 6 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $12 → $11 | Buy | Maintains | $12 → $11 | +183.51% | Apr 9, 2024 |
| Raymond James | Raymond James | Buy → Strong Buy Upgrades $9 | Buy → Strong Buy | Upgrades | $9 | +131.96% | Apr 3, 2024 |
| Piper Sandler | Piper Sandler | Sell Maintains $4.5 → $5 | Sell | Maintains | $4.5 → $5 | +28.87% | Mar 6, 2024 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Mar 1, 2024 |
| Scotiabank | Scotiabank | Hold Initiates $6.25 | Hold | Initiates | $6.25 | +61.08% | Feb 26, 2024 |
Financial Forecast
Revenue This Year
1.32B
from 882.50M
Increased by 50.03%
Revenue Next Year
1.84B
from 1.32B
Increased by 38.60%
EPS This Year
0.21
from 1.58
Decreased by -86.86%
EPS Next Year
0.32
from 0.21
Increased by 53.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 3.2B | 3.3B |
| Avg | 1.3B | 1.8B | 2.3B |
| Low | 1.1B | 1.4B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 109.0% | 143.1% | 77.1% |
| Avg | 50.0% | 38.6% | 26.5% |
| Low | 21.5% | 4.2% | -11.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.44 | 0.51 | 0.87 |
| Avg | 0.21 | 0.32 | 0.53 |
| Low | 0.12 | 0.10 | 0.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -72.1% | 147.8% | 173.9% |
| Avg | -86.9% | 53.3% | 66.4% |
| Low | -92.6% | -52.3% | -29.2% |
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.