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
* 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 3 | 3 | 3 | 3 |
Buy | 1 | 1 | 1 | 1 | 1 | 0 |
Hold | 0 | 0 | 1 | 2 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 5 | 5 | 6 | 8 | 7 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → 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 | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 29, 2024 |
JP Morgan | JP Morgan | Hold Initiates $25 | Hold | Initiates | $25 | +87.83% | Dec 11, 2023 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
High | 682.2% | 109.9% | 78.7% |
Avg | 297.5% | 17.2% | 28.7% |
Low | 114.6% | -40.6% | -17.1% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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.