Sociedad Química y Minera de Chile S.A. (SQM)
NYSE: SQM · Real-Time Price · USD
39.17
+0.78 (2.03%)
Nov 1, 2024, 4:00 PM EDT - Market closed
SQM Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for SQM stock have an average target of 48.69, with a low estimate of 35 and a high estimate of 70. The average target predicts an increase of 24.30% from the current stock price of 39.17.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for SQM stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 1 |
| Buy | 4 | 4 | 4 | 4 | 4 | 2 |
| Hold | 3 | 3 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 11 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy → Hold Downgrades $55 → $44 | Buy → Hold | Downgrades | $55 → $44 | +12.33% | Oct 11, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $63 → $55 | Strong Buy | Maintains | $63 → $55 | +40.41% | Aug 26, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $47 → $38 | Sell | Maintains | $47 → $38 | -2.99% | Aug 21, 2024 |
| Berenberg | Berenberg | Hold Initiates $35 | Hold | Initiates | $35 | -10.65% | Jul 31, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $45 → $36 | Hold | Maintains | $45 → $36 | -8.09% | Jul 18, 2024 |
Financial Forecast
Revenue This Year
5.63M
from 7.47B
Decreased by -99.92%
Revenue Next Year
7.64M
from 5.63M
Increased by 35.80%
EPS This Year
2.58
from 7.05
Decreased by -63.45%
EPS Next Year
6.97
from 2.58
Increased by 170.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.0M | 8.3M | 7.4M |
| Avg | 5.6M | 7.6M | 7.1M |
| Low | 5.1M | 6.8M | 6.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -99.9% | 48.2% | -3.0% |
| Avg | -99.9% | 35.8% | -7.4% |
| Low | -99.9% | 20.0% | -14.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.26 | 7.86 | 6.72 |
| Avg | 2.58 | 6.97 | 6.54 |
| Low | 0.92 | 5.91 | 6.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -39.5% | 205.4% | -3.5% |
| Avg | -63.4% | 170.4% | -6.1% |
| Low | -86.9% | 129.6% | -11.4% |
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.