NASDAQ: PLL

Piedmont Lithium Inc Stock Forecast, Predictions & Price Target

The consensus among 2 Wall Street analysts covering (NASDAQ: PLL) stock is to Buy PLL stock.

Out of 2 analysts, 1 (50%) are recommending PLL as a Strong Buy, 0 (0%) are recommending PLL as a Buy, 1 (50%) are recommending PLL as a Hold, 0 (0%) are recommending PLL as a Sell, and 0 (0%) are recommending PLL as a Strong Sell.

If you're new to stock investing, here's how to buy Piedmont Lithium stock.

(NASDAQ: PLL) Piedmont Lithium's forecast annual revenue growth rate of 88.82% is forecast to beat the US Other Industrial Metals & Mining industry's average forecast revenue growth rate of -1.94%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.03%.

Piedmont Lithium's revenue in 2024 is $39,817,000.On average, 3 Wall Street analysts forecast PLL's revenue for 2024 to be $2,140,932,635, with the lowest PLL revenue forecast at $875,888,880, and the highest PLL revenue forecast at $3,059,028,362. On average, 3 Wall Street analysts forecast PLL's revenue for 2025 to be $2,731,170,221, with the lowest PLL revenue forecast at $1,866,394,520, and the highest PLL revenue forecast at $3,446,247,142.

In 2026, PLL is forecast to generate $3,377,999,832 in revenue, with the lowest revenue forecast at $2,850,898,268 and the highest revenue forecast at $3,905,101,396.

According to 2 Wall Street analysts that have issued a 1 year PLL price target, the average PLL price target is $37.50, with the highest PLL stock price forecast at $60.00 and the lowest PLL stock price forecast at $15.00.

On average, Wall Street analysts predict that Piedmont Lithium's share price could reach $37.50 by Apr 16, 2025. The average Piedmont Lithium stock price prediction forecasts a potential upside of 228.37% from the current PLL share price of $11.42.

(NASDAQ: PLL) forecast ROE is N/A, which is considered weak.