Li-Cycle Holdings Corp. (LICY)
NYSE: LICY · Real-Time Price · USD
1.480
+0.060 (4.23%)
At close: Dec 20, 2024, 4:00 PM
1.500
+0.020 (1.35%)
After-hours: Dec 20, 2024, 6:08 PM EST
Li-Cycle Holdings Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Li-Cycle Holdings stock have an average target of 4.13, with a low estimate of 2.25 and a high estimate of 6.00. The average target predicts an increase of 179.05% from the current stock price of 1.48.
Analyst Consensus: Hold
* Price targets were last updated on Nov 18, 2024.
Analyst Ratings
The average analyst rating for LICY stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $2 → $2.25 | Hold | Maintains | $2 → $2.25 | +52.03% | Nov 18, 2024 |
| Chardan Capital | Chardan Capital | Hold Maintains $6 | Hold | Maintains | $6 | +305.41% | Apr 19, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $32 → $4.08 | Sell | Maintains | $32 → $4.08 | +175.68% | 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 | +305.41% | Nov 16, 2023 |
Financial Forecast
Revenue This Year
28.54M
from 18.30M
Increased by 55.96%
Revenue Next Year
32.57M
from 28.54M
Increased by 14.13%
EPS This Year
-4.58
from -6.24
EPS Next Year
-5.49
from -4.58
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 30.5M | 37.0M | 44.3M | |||
| Avg | 28.5M | 32.6M | 29.0M | |||
| Low | 26.4M | 28.1M | 14.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 66.4% | 29.5% | 36.1% | |||
| Avg | 56.0% | 14.1% | -11.0% | |||
| Low | 44.4% | -1.5% | -56.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.32 | -2.44 | -2.31 |
| Avg | -4.58 | -5.49 | -5.71 |
| Low | -5.71 | -8.28 | -8.81 |
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.