Sigma Lithium Corporation (SGML)
NASDAQ: SGML · IEX Real-Time Price · USD
12.23
+0.14 (1.16%)
At close: Jul 19, 2024, 4:00 PM
12.24
+0.01 (0.08%)
Pre-market: Jul 20, 2024, 9:28 AM EDT
Sigma Lithium Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Sigma Lithium stock have an average target of 29.5, with a low estimate of 29 and a high estimate of 30. The average target predicts an increase of 141.21% from the current stock price of 12.23.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 20, 2024.
Analyst Ratings
The average analyst rating for Sigma Lithium stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $25 → $29 | Strong Buy | Maintains | $25 → $29 | +137.12% | May 20, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $38 → $30 | Buy | Maintains | $38 → $30 | +145.30% | Mar 27, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $27 → $29 | Strong Buy | Maintains | $27 → $29 | +137.12% | Mar 18, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $40 → $38 | Buy | Maintains | $40 → $38 | +210.71% | Jan 23, 2024 |
| B of A Securities | B of A Securities | Strong Buy Initiates $37 | Strong Buy | Initiates | $37 | +202.53% | Dec 6, 2023 |
Financial Forecast
Revenue This Year
373.87M
from 181.23M
Increased by 106.29%
Revenue Next Year
811.13M
from 373.87M
Increased by 116.96%
EPS This Year
0.69
from -0.35
EPS Next Year
2.42
from 0.69
Increased by 251.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 413.4M | 1.0B | 2.1B |
| Avg | 373.9M | 811.1M | 1.8B |
| Low | 342.3M | 691.9M | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 128.1% | 170.7% | 159.1% |
| Avg | 106.3% | 117.0% | 121.5% |
| Low | 88.9% | 85.1% | 88.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.86 | 2.64 | 6.63 |
| Avg | 0.69 | 2.42 | 6.37 |
| Low | 0.60 | 2.14 | 6.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 283.2% | 174.0% |
| Avg | - | 251.6% | 163.6% |
| Low | - | 210.6% | 155.7% |
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.