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NYSE: ALB
Albemarle Corp Stock Forecast, Predictions & Price Target

Analyst price target for ALB

Based on 15 analysts offering 12 month price targets for Albemarle Corp.
Min Forecast
$144.00-42.06%
Avg Forecast
$228.00-8.26%
Max Forecast
$296.00+19.1%

Should I buy or sell ALB stock?

Based on 15 analysts offering ratings for Albemarle Corp.
Buy
Strong Buy
5 analysts 33.33%
Buy
5 analysts 33.33%
Hold
3 analysts 20%
Sell
1 analysts 6.67%
Strong Sell
1 analysts 6.67%

ALB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Mizuho
Top 7%
94
HoldMaintains$281.00+13.06%2021-11-05
KeyBanc
Top 15%
86
Strong SellMaintains$144.00-42.06%2021-11-05
RBC Capital
Top 22%
79
BuyUpgrades$280.00+12.66%2021-10-19
Anonymous
KeyBanc
Strong SellMaintains$131.00-47.29%2021-10-11
Oppenheimer
Top 6%
95
BuyMaintains$296.00+19.10%2021-09-13
Deutsche Bank
Top 3%
98
Strong BuyMaintains$270.00+8.63%2021-09-13
Wells Fargo
Top 11%
90
HoldMaintains$270.00+8.63%2021-09-13
BMO Capital
Top 21%
80
BuyMaintains$290.00+16.68%2021-09-13
Berenberg
Bottom 43%
43
Strong BuyUpgrades$280.00+12.66%2021-09-08
Bank of America
Bottom 10%
10
SellMaintains$208.00-16.31%2021-08-11

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Forecast return on equity

Is ALB forecast to generate an efficient return?
Company
15.8%
Industry
35.96%
Market
37.06%
ALB's Return on Equity is forecast to be low in 3 years (15.8%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is ALB forecast to generate an efficient return on assets?
Company
8.3%
Industry
9.81%
ALB is forecast to generate lower Return on Assets (8.3%) than the US Specialty Chemicals industry average (9.81%)
Forecast

ALB earnings per share forecast

What is ALB's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$3.57+86.91%
Avg 2 year Forecast
$5.08+165.97%
Avg 3 year Forecast
$6.80+256.02%
ALB's earnings are forecast to grow at an exceptional rate of 52.28% per year
Forecast

ALB revenue forecast

What is ALB's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$3.3B+0.51%
Avg 2 year Forecast
$3.8B+15.52%
Avg 3 year Forecast
$4.3B+29.3%
ALB's revenue is forecast to grow at a rate of 9.02% per year, which is not exceptional
Forecast

ALB earnings growth forecast

How is ALB forecast to perform vs Specialty Chemicals companies and vs the US market?
Company
52.28%
Industry
24.88%
Market
14.37%
ALB's earnings are forecast to grow faster (52.28% per year) than the US Specialty Chemicals industry average (24.88%)
Forecast
ALB's earnings are forecast to grow faster (52.28% per year) than the US market average (14.37%)
Forecast
ALB's earnings are forecast to grow faster (52.28% per year) than the risk-free savings rate (1.4%)
Forecast

ALB revenue growth forecast

How is ALB forecast to perform vs Specialty Chemicals companies and vs the US market?
Company
9.02%
Industry
6.36%
Market
10.03%
ALB's revenues are forecast to grow faster (9.02% per year) than the US Specialty Chemicals industry average (6.36%)
Forecast
ALB's revenues are forecast to grow slower (9.02% per year) than the US market average (10.03%)
Forecast

Albemarle Corp Stock Forecast FAQ

Is Albemarle Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NYSE: ALB) stock is to Buy ALB stock.

Out of 15 analysts, 5 (33.33%) are recommending ALB as a Strong Buy, 5 (33.33%) are recommending ALB as a Buy, 3 (20%) are recommending ALB as a Hold, 1 (6.67%) are recommending ALB as a Sell, and 1 (6.67%) are recommending ALB as a Strong Sell.

What is ALB's earnings growth forecast for 2021-2023?

(NYSE: ALB) Albemarle Corp's forecast annual earnings growth rate of 52.28% is forecast to beat the US Specialty Chemicals industry's average forecast earnings growth rate of 24.88%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Albemarle Corp's earnings in 2021 is $212,131,000.On average, 9 Wall Street analysts forecast ALB's earnings for 2021 to be $417,605,455, with the lowest ALB earnings forecast at $395,379,955, and the highest ALB earnings forecast at $444,510,008. On average, 9 Wall Street analysts forecast ALB's earnings for 2022 to be $594,239,695, with the lowest ALB earnings forecast at $527,563,194, and the highest ALB earnings forecast at $735,781,040.

In 2023, ALB is forecast to generate $795,438,962 in earnings, with the lowest earnings forecast at $477,263,377 and the highest earnings forecast at $988,449,887.

What is ALB's revenue growth forecast for 2021-2023?

(NYSE: ALB) Albemarle Corp's forecast annual revenue growth rate of 9.02% is forecast to beat the US Specialty Chemicals industry's average forecast revenue growth rate of 6.36%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Albemarle Corp's revenue in 2021 is $3,312,900,000.On average, 6 Wall Street analysts forecast ALB's revenue for 2021 to be $389,504,351,363, with the lowest ALB revenue forecast at $379,705,128,228, and the highest ALB revenue forecast at $393,087,219,007. On average, 7 Wall Street analysts forecast ALB's revenue for 2022 to be $447,683,692,884, with the lowest ALB revenue forecast at $430,114,902,707, and the highest ALB revenue forecast at $464,009,960,611.

In 2023, ALB is forecast to generate $501,081,159,501 in revenue, with the lowest revenue forecast at $445,768,673,582 and the highest revenue forecast at $523,129,791,728.

What is ALB's forecast return on assets (ROA) for 2021-2024?

(NYSE: ALB) forecast ROA is 8.3%, which is lower than the forecast US Specialty Chemicals industry average of 9.81%.

What is ALB's Price Target?

According to 15 Wall Street analysts that have issued a 1 year ALB price target, the average ALB price target is $228.00, with the highest ALB stock price forecast at $296.00 and the lowest ALB stock price forecast at $144.00.

On average, Wall Street analysts predict that Albemarle Corp's share price could stay at $228.00 by Nov 5, 2022. The average Albemarle Corp stock price prediction forecasts a potential downside of N/A from the current ALB share price of $248.54.

What is ALB's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: ALB) Albemarle Corp's current Earnings Per Share (EPS) is $1.91. On average, analysts forecast that ALB's EPS will be $3.57 for 2021, with the lowest EPS forecast at $3.38, and the highest EPS forecast at $3.80. On average, analysts forecast that ALB's EPS will be $5.08 for 2022, with the lowest EPS forecast at $4.51, and the highest EPS forecast at $6.29. In 2023, ALB's EPS is forecast to hit $6.80 (min: $4.08, max: $8.45).

What is ALB's forecast return on equity (ROE) for 2021-2024?

(NYSE: ALB) forecast ROE is 15.8%, which is considered weak.
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