Li-Cycle Holdings Corp. (LICY)
NYSE: LICY · IEX Real-Time Price · USD
3.850
-0.020 (-0.52%)
At close: Jul 19, 2024, 4:00 PM
3.880
+0.030 (0.78%)
Pre-market: Jul 22, 2024, 5:34 AM EDT
Li-Cycle Holdings Stock Forecast
LICY's stock price has decreased by -91.83% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Li-Cycle Holdings stock have an average target of 20.02, with a low estimate of 4.08 and a high estimate of 64. The average target predicts an increase of 420.00% from the current stock price of 3.85.
Analyst Consensus: Hold
* Price targets were last updated on Apr 19, 2024.
Analyst Ratings
The average analyst rating for LICY stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 5 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Chardan Capital | Chardan Capital | Hold Maintains $6 | Hold | Maintains | $6 | +55.84% | Apr 19, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $32 → $4.08 | Sell | Maintains | $32 → $4.08 | +5.97% | Nov 16, 2023 |
| Chardan Capital | Chardan Capital | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 16, 2023 |
| UBS | UBS | Strong Buy → Hold Downgrades $72 → $6 | Strong Buy → Hold | Downgrades | $72 → $6 | +55.84% | Nov 16, 2023 |
| TD Cowen | TD Cowen | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 23, 2023 |
Financial Forecast
Revenue This Year
17.36M
from 18.30M
Decreased by -5.14%
Revenue Next Year
21.01M
from 17.36M
Increased by 21.04%
EPS This Year
-11.64
from -6.24
EPS Next Year
-5.60
from -11.64
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.9M | 21.6M | 34.9M | 594.3M | 589.1M |
| Avg | 17.4M | 21.0M | 33.9M | 415.6M | 572.2M |
| Low | 16.7M | 20.2M | 32.6M | 243.8M | 549.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -2.3% | 24.6% | 66.1% | 1,653.4% | 41.8% |
| Avg | -5.1% | 21.0% | 61.3% | 1,126.0% | 37.7% |
| Low | -8.9% | 16.3% | 55.0% | 619.3% | 32.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -11.98 | -5.76 | -5.14 |
| Avg | -11.64 | -5.60 | -4.99 |
| Low | -11.18 | -5.38 | -4.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| 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.