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Investor Insights

This summary was created by AI, based on 8 opinions in the last 12 months.

The experts express their opinions on the current state and potential of the lithium market, with some noting the volatility of the stock and its ties to the price of lithium. They also discuss the potential for growth in the electric vehicle industry and the need for a balanced investment portfolio. Overall, there is a mix of caution and optimism regarding the future of Albemarle Corp.

Consensus
Mixed
Valuation
Undervalued
Similar
SQM, SQM-B
BUY
Albemarle Corp

The energy transition from fossil to renewable takes time. That's the reality. There's plenty of lithium in the world, but how quickly can we get it to market? The market was surprised by how quickly brine mining in Chile. Also, people aren't buying EV's as quickly as the market expected. Lithium is close to the bottom, so the risk/reward looks good.

Mining
BUY ON WEAKNESS
Albemarle Corp

Lithium prices have plunged. She will add to her position but not until lithium stabilizes. Commodity weakness is already built into the lithium stocks.

Mining
RISKY
Albemarle Corp

Lithium exposure good for investors. Speculative investment given nature of commodities. Don't get over exposed. Balance in portfolio. 

Mining
SELL
Albemarle Corp

There's lithium everywhere. It's going to be an opportunity for EVs. But if you look at the price of a giant like ALB, the shares have come down, and that's just gravity taking hold of high valuations. If you need to sell, sell. Restructuring restricted share trading earlier this week.

Mining
BUY
Albemarle Corp

They'll move 1.9 million metric tons (of lithium) this year, and 3.7 by 2030. It bounced off $185 and is a great entry point here.

Mining
BUY ON WEAKNESS
Albemarle Corp

Lithium is notoriously volatile and has been down because Wall Street has fallen out of love with EVs. But this remains a major growth area. Recently they reported a strong quarter and hugely raised their full-year forecast. He believes in lithium and EVs long term. Sell into strength and buy on weakness, like now.

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PARTIAL BUY
Albemarle Corp

It can be a volatile stock and frustrating, because it's tied to the price of lithium. Long-term, though, demand should be fine with it tripling by 2030. Hang on if you own it.

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PAST TOP PICK
Albemarle Corp
(A Top Pick Oct 04/22, Down 23%)

They have lithium deposits in Chile and the US, so are sensitive to lithium price movements. That's why he sold last spring.

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DON'T BUY
Albemarle Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

Lithium prices are adjusting; China prices in particular are contracting. 
Price was $33,400/ton last week, but futures for August are priced at $23,000. 
ALB in particular got downgraded today by Bank of America, with target price going from $262 to $195.  
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Mining
BUY
Albemarle Corp
Allan Tong’s Discover Picks

UBS predicts EV sales will rise 30-35% in China this year. If this trend holds true, then China’s demand should offset any weakness in lithium prices. Also, Albemarle’s PE of 11.24x now has risen from 9.4x to start the year, but is historically reasonable considering the media average over five years is 30.85x. Read: PDAC special: minerals for our full analysis.

Mining
BUY
Albemarle Corp

Just bought it. They own some of the cheapest lithium in the world. They're restructuring their contracts this year, which should boost prices by 25%. It's a long-term global story because EV sales continue to grow. ALB is increasing capacity over the next 8 years.

Mining
BUY
Albemarle Corp
Cheap trading below 10x 2023 PE. They provide lithium which EVs must have. All lithium stocks have soared, but ALB is cheaper than their peers and the only safe way to play lithium.
Mining
TOP PICK
Albemarle Corp
Are best known for their lithium business; lithium used in nearly all EV batteries so is in high demand. They have many long-life deposits in Chile, Nevada and Australia, plus a fleet of facilities to convert that into batteries. Lithium prices are up 3x in the past year. Trades at 11x forward earnings vs. 24x historic. EVs are a long-term driver. (Analysts’ price target is $314.38)
Mining
RISKY
Albemarle Corp
Allan Tong’s Discover Picks Lithium shares are another story: they are speculative. Like many precious metals, lithium wakes a lot of time, sweat and money to extract. One of the leaders in this space, Albemarle, boasts a chart that is not a straight upward line like the price of lithium, but a rollercoaster, ranging from $157.82 to $291.48 in the past year. ALB has been a little more stable in the past month, ranging between $230 and $260 (broadly speaking). What’s working in ALB’s favour, though, are recent earnings estimates: $2.65 EPS this quarter, which is 197.75% higher than a year ago, and $12.63 full-year or 2.21.62% from a year ago. Last month, the company raised its full-year 2022 adjusted EBITDA up more than 160% over 2021. Lithium demand and pricing is catching up to the stock price. Read 3 rock stars of the mineral stocks for our full analysis.
Mining
SELL ON STRENGTH
Albemarle Corp
Lithium stocks rocketed from mid-2020 to late-2021. Stocks have fallen but not lithium itself which tripled in 2021 and added another 130% so far this year, up 800% since end-2020. Lithium stocks are reporting earnings and reflecting that price, so shares are starting to climb. Even if the economy slows down, the demand for lithium batteries will continue to rise. There's no shortage of lithium, but extracting it takes a long time and a lot of capital. The two main players are Livent and Albemarle. Albemarle is a diversified chemical and lithium play (42% of net sales). Shares are a rollercoaster with them down until their quarter which reported a huge EPS beat and hiked their full-year forecast from $5.65-6.65 to $9.25-12.25. Shares jumped almost 10% the next day, then another 9%, and flat since then in a bear market. Take profits, because this boom won't last forever.
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Albemarle Corp(ALB-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 9

Stockchase rating for Albemarle Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Albemarle Corp(ALB-N) Frequently Asked Questions

What is Albemarle Corp stock symbol?

Albemarle Corp is a American stock, trading under the symbol ALB-N on the New York Stock Exchange (ALB). It is usually referred to as NYSE:ALB or ALB-N

Is Albemarle Corp a buy or a sell?

In the last year, 9 stock analysts published opinions about ALB-N. 7 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Albemarle Corp.

Is Albemarle Corp a good investment or a top pick?

Albemarle Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Albemarle Corp.

Why is Albemarle Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Albemarle Corp worth watching?

9 stock analysts on Stockchase covered Albemarle Corp In the last year. It is a trending stock that is worth watching.

What is Albemarle Corp stock price?

On 2024-04-12, Albemarle Corp (ALB-N) stock closed at a price of $122.58.