Li-Cycle Holdings Corp. (LICY)
NYSE: LICY · Real-Time Price · USD
2.730
+0.170 (6.64%)
At close: Nov 4, 2024, 4:00 PM
2.670
-0.060 (-2.20%)
After-hours: Nov 4, 2024, 7:14 PM EST
Li-Cycle Holdings Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Li-Cycle Holdings stock have an average target of 5.36, with a low estimate of 4.08 and a high estimate of 6.00. The average target predicts an increase of 96.34% from the current stock price of 2.73.
Analyst Consensus: Hold
* Price targets were last updated on Apr 19, 2024.
Analyst Ratings
The average analyst rating for LICY stock from 3 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 | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Chardan Capital | Chardan Capital | Hold Maintains $6 | Hold | Maintains | $6 | +119.78% | Apr 19, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $32 → $4.08 | Sell | Maintains | $32 → $4.08 | +49.45% | 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 | +119.78% | 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
27.11M
from 18.30M
Increased by 48.13%
Revenue Next Year
32.03M
from 27.11M
Increased by 18.15%
EPS This Year
-6.83
from -6.24
EPS Next Year
-5.76
from -6.83
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.0M | 35.8M | 41.7M | ||
| Avg | 27.1M | 32.0M | 39.2M | ||
| Low | 24.1M | 28.1M | 36.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 64.1% | 32.2% | 30.1% | ||
| Avg | 48.1% | 18.2% | 22.5% | ||
| Low | 31.5% | 3.7% | 13.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.16 | -2.57 | -2.63 |
| Avg | -6.83 | -5.76 | -5.51 |
| Low | -10.18 | -8.67 | -8.14 |
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.