Albemarle

ALB · NYSE

$95.77+$1.13 (+1.19%)TodayMarket closed · Oct 20, 7:57 PM ET

Prev close $94.64

ALB analyst rating

BuyConsensus of 25 analysts over the last 12 months. 68% rate it a buy.

Strong buy0
Buy17
Hold8
Underperform0
Sell0

12-month price target · 22 analysts

Average $181.16 (+89.2% upside)

Low: $131.30
Now: $95.77
High: $236.25

Upgrades and downgrades

The latest rating actions, newest first

ALB analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Truist Securities	Oct 20, 2026	Maintains	Buy	$225.00 → $185.00	43%
RBC Capital	Oct 15, 2026	Maintains	Outperform	$157.00 → $129.00	46%
Mizuho	Oct 14, 2026	Upgrade	Neutral → Outperform	$130.00	62%
Barclays	Oct 13, 2026	Initiates	Equal-Weight	$109.00	50%
Argus Research	Oct 7, 2026	Maintains	Buy	$230.00 → $135.00	67%
UBS	Oct 5, 2026	Maintains	Buy	$175.00 → $150.00	49%
Mizuho	Oct 1, 2026	Maintains	Neutral	$140.00 → $130.00	62%
JP Morgan	Aug 25, 2026	Maintains	Neutral	$160.00 → $140.00	57%
RBC Capital	Aug 10, 2026	Maintains	Outperform	$166.00 → $157.00	46%
Scotiabank	Aug 10, 2026	Maintains	Sector Outperform	$200.00 → $190.00	37%

The case for and against

Updated Oct 18, 2026

Bull case

Albemarle is well positioned by its scale, vertical integration, and low-cost asset base, with upstream brine and hard-rock resources feeding a global refining network that helps it capture more of the lithium value chain than less integrated peers. Its outlook is further supported by demand growth that is still outpacing supply, low inventories, and management’s view that market tightness persists even after recent price weakness, which could sustain stronger pricing and earnings power into 2H26/1H27. Financially, the company’s balance sheet is a strength with net leverage at 0.5x and total liquidity of $3.2B, while solid bromine performance and ongoing productivity gains add diversification and optionality for continued cash generation and capital returns.

Bear case

Albemarle is facing a difficult fundamental backdrop because lower lithium prices have already pressured results, with sales falling to about $5.1B in 2025 from $9.6B in 2023, showing how exposed earnings are to commodity volatility. Its outlook is further weakened by the risk of new supply announcements, delayed EV production, reduced government subsidies, and the possibility that non-lithium battery technologies continue to evolve and displace demand. Execution and geopolitical risks also remain elevated across its growth projects and operations, particularly in Chile and in the China/U.S. relationship, while the negative perception of lithium mining and associated carbon emissions could hinder broader EV adoption.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.