Piedmont Lithium Inc. (PLL)
NASDAQ: PLL · IEX Real-Time Price · USD
13.31
+1.26 (10.46%)
At close: Mar 27, 2024, 4:00 PM
13.30
-0.01 (-0.08%)
Pre-market: Mar 28, 2024, 4:19 AM EDT

Piedmont Lithium Stock Forecast

PLL's stock price has decreased by -74.39% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Piedmont Lithium stock have an average target of 82, with a low estimate of 15 and a high estimate of 184. The average target predicts an increase of 516.08% from the current stock price of 13.31.

Analyst Consensus: Buy
Target Low Average Median High
Price $15 $82 $95 $184
Change +12.70% +516.08% +613.75% +1282.4%
* Price targets were last updated on Feb 16, 2024.

Analyst Ratings

The average analyst rating for PLL stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 443333
Buy 111110
Hold 001244
Sell 000000
Strong Sell 000000
Total 555687

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BTIG
BTIG
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Feb 23, 2024
BMO Capital
BMO Capital
Hold
Initiates
$20
Hold Initiates $20 +50.26% Feb 16, 2024
JP Morgan
JP Morgan
Hold
Maintains
$25$15
Hold Maintains $25$15 +12.70% Feb 8, 2024
TD Cowen
TD Cowen
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jan 29, 2024
JP Morgan
JP Morgan
Hold
Initiates
$25
Hold Initiates $25 +87.83% Dec 11, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
158.28M
from 39.82M
Increased by 297.52%
Revenue Next Year
185.57M
from 158.28M
Increased by 17.24%
EPS This Year
0.39
from -1.14
EPS Next Year
1.74
from 0.39
Increased by 351.14%
Year 20192020202120222023202420252026
Revenue
----39.82M158.28M185.57M238.74M
Revenue Growth
-----297.52%17.24%28.65%
EPS
-1.56-0.71-1.48-0.74-1.140.391.742.97
EPS Growth
------351.14%70.43%
No. Analysts -----875
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 311.4M 332.2M 331.6M
Avg 158.3M 185.6M 238.7M
Low 85.5M 94.1M 153.9M

Revenue Growth

Revenue Growth 202420252026
High
682.2%
109.9%
78.7%
Avg
297.5%
17.2%
28.7%
Low
114.6%
-40.6%
-17.1%

EPS Forecast

EPS 202420252026
High 2.33 4.94 5.43
Avg 0.39 1.74 2.97
Low -1.50 -0.54 0.06

EPS Growth

EPS Growth 202420252026
High -
1,177.4%
211.7%
Avg -
351.1%
70.4%
Low - -
-96.6%
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.