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NASDAQ: PLL
Piedmont Lithium Inc Stock Forecast, Predictions & Price Target

Buy PLL

Analyst price target for PLL

Based on 2 analysts offering 12 month price targets for Piedmont Lithium Inc.
Min Forecast
$90.00+79.6%
Avg Forecast
$91.00+81.6%
Max Forecast
$92.00+83.6%

Should I buy or sell PLL stock?

Based on 2 analysts offering ratings for Piedmont Lithium Inc.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

PLL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Cowen & Co.
Bottom 9%
9
BuyInitiates Coverage On$90.00+79.60%2022-05-23
JP Morgan
Top 27%
74
Strong BuyMaintains$92.00+83.60%2022-03-24Find out why

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Forecast return on equity

Is PLL forecast to generate an efficient return?
Company
40.5%
Industry
39.96%
Market
56.05%
PLL's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PLL forecast to generate an efficient return on assets?
Company
39.54%
Industry
19.32%
PLL is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PLL earnings per share forecast

What is PLL's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
-$1.28
Avg 2 year Forecast
-$1.13
Avg 3 year Forecast
$0.45

PLL revenue forecast

What is PLL's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$3.8M
Avg 2 year Forecast
$64.0M
Avg 3 year Forecast
$389.8M

PLL vs Mining Stocks

TickerPricePrice TargetUp/downsideConsensus
PLL$50.11$91.00+81.60%Strong Buy
SLI$5.82N/AN/A
NEXA$6.37$9.45+48.35%Buy
GSM$6.27$16.00+155.18%Buy
LGO$7.40$19.00+156.76%Buy

Piedmont Lithium Stock Forecast FAQ

Is Piedmont Lithium Stock a good buy in 2022, according to Wall Street analysts?

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

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

What is PLL's earnings growth forecast for 2022-2023?

(NASDAQ: PLL) Piedmont Lithium's forecast annual earnings growth rate of N/A is not forecast to beat the US Other Industrial Metals & Mining industry's average forecast earnings growth rate of -12.76%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.92%.

Piedmont Lithium's earnings in 2022 is -$40,084,290.On average, 3 Wall Street analysts forecast PLL's earnings for 2022 to be -$22,995,025, with the lowest PLL earnings forecast at -$31,438,510, and the highest PLL earnings forecast at -$9,701,026. On average, 3 Wall Street analysts forecast PLL's earnings for 2023 to be -$20,300,295, with the lowest PLL earnings forecast at -$30,719,916, and the highest PLL earnings forecast at -$3,952,270.

In 2023, PLL is forecast to generate $8,084,188 in earnings, with the lowest earnings forecast at -$26,049,051 and the highest earnings forecast at $47,966,184.

What is PLL's revenue growth forecast for 2023-2024?

(NASDAQ: PLL) Piedmont Lithium's forecast annual revenue growth rate of N/A is not forecast to beat the US Other Industrial Metals & Mining industry's average forecast revenue growth rate of -8.82%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.19%.

Piedmont Lithium's revenue in 2022 is $0.On average, 1 Wall Street analysts forecast PLL's revenue for 2023 to be $68,086,831, with the lowest PLL revenue forecast at $68,086,831, and the highest PLL revenue forecast at $68,086,831. On average, 1 Wall Street analysts forecast PLL's revenue for 2023 to be $1,149,751,232, with the lowest PLL revenue forecast at $1,149,751,232, and the highest PLL revenue forecast at $1,149,751,232.

In 2024, PLL is forecast to generate $7,002,703,597 in revenue, with the lowest revenue forecast at $7,002,703,597 and the highest revenue forecast at $7,002,703,597.

What is PLL's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: PLL) forecast ROA is 39.54%, which is higher than the forecast US Other Industrial Metals & Mining industry average of 19.32%.

What is PLL's Price Target?

According to 2 Wall Street analysts that have issued a 1 year PLL price target, the average PLL price target is $91.00, with the highest PLL stock price forecast at $92.00 and the lowest PLL stock price forecast at $90.00.

On average, Wall Street analysts predict that Piedmont Lithium's share price could reach $91.00 by May 23, 2023. The average Piedmont Lithium stock price prediction forecasts a potential upside of 81.6% from the current PLL share price of $50.11.

What is PLL's Earnings Per Share (EPS) forecast for 2022-2023?

(NASDAQ: PLL) Piedmont Lithium's current Earnings Per Share (EPS) is -$2.45. On average, analysts forecast that PLL's EPS will be -$1.28 for 2022, with the lowest EPS forecast at -$1.75, and the highest EPS forecast at -$0.54. On average, analysts forecast that PLL's EPS will be -$1.13 for 2023, with the lowest EPS forecast at -$1.71, and the highest EPS forecast at -$0.22. In 2023, PLL's EPS is forecast to hit $0.45 (min: -$1.45, max: $2.67).

What is PLL's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: PLL) forecast ROE is 40.5%, which is considered strong.
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