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NYSE: LICY
Li Cycle Holdings Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for LICY

Based on 3 analysts offering 12 month price targets for Li Cycle Holdings Corp.
Min Forecast
$0.51-28.37%
Avg Forecast
$0.67-5.9%
Max Forecast
$0.75+5.34%

Should I buy or sell LICY stock?

Based on 3 analysts offering ratings for Li Cycle Holdings Corp.
Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
2 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
1 analysts 33.33%

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LICY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-19
lockedlocked$00.00+00.00%2023-11-16
lockedlocked$00.00+00.00%2023-11-16

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Forecast return on equity

Is LICY forecast to generate an efficient return?
Company
-9.04%
Industry
0.05%
Market
29.96%
LICY's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is LICY forecast to generate an efficient return on assets?
Company
-3.84%
Industry
0.01%
LICY is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

LICY revenue forecast

What is LICY's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$18.5M+0.98%
Avg 2 year Forecast
$20.6M+12.57%
LICY's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

LICY revenue growth forecast

How is LICY forecast to perform vs Waste Management companies and vs the US market?
Company
1,621.28%
Industry
8.4%
Market
13.38%
LICY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
LICY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

LICY vs Waste Management Stocks

TickerPricePrice TargetUp/downsideConsensus
LICY$0.71$0.67-5.90%Sell
PESI$11.64N/AN/A
QRHC$9.03N/AN/A
AQMS$0.52$3.00+479.15%Buy
JAN$4.52N/AN/A
View Top Waste Management Stocks

Li Cycle Holdings Stock Forecast FAQ

Is Li Cycle Holdings Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: LICY) stock is to Sell LICY stock.

Out of 3 analysts, 0 (0%) are recommending LICY as a Strong Buy, 0 (0%) are recommending LICY as a Buy, 2 (66.67%) are recommending LICY as a Hold, 0 (0%) are recommending LICY as a Sell, and 1 (33.33%) are recommending LICY as a Strong Sell.

If you're new to stock investing, here's how to buy Li Cycle Holdings stock.

What is LICY's revenue growth forecast for 2024-2025?

(NYSE: LICY) Li Cycle Holdings's forecast annual revenue growth rate of 1,621.28% is forecast to beat the US Waste Management industry's average forecast revenue growth rate of 8.4%, and it is also forecast to beat the US market's average forecast revenue growth rate of 13.38%.

Li Cycle Holdings's revenue in 2024 is $18,300,000.On average, 1 Wall Street analysts forecast LICY's revenue for 2024 to be $3,308,790,741, with the lowest LICY revenue forecast at $3,308,790,741, and the highest LICY revenue forecast at $3,308,790,741.

In 2025, LICY is forecast to generate $3,688,370,631 in revenue, with the lowest revenue forecast at $3,688,370,631 and the highest revenue forecast at $3,688,370,631.

What is LICY's forecast return on assets (ROA) for 2024-2025?

(NYSE: LICY) forecast ROA is -3.84%, which is lower than the forecast US Waste Management industry average of 0.01%.

What is LICY's Price Target?

According to 3 Wall Street analysts that have issued a 1 year LICY price target, the average LICY price target is $0.67, with the highest LICY stock price forecast at $0.75 and the lowest LICY stock price forecast at $0.51.

On average, Wall Street analysts predict that Li Cycle Holdings's share price could fall to $0.67 by Apr 19, 2025. The average Li Cycle Holdings stock price prediction forecasts a potential downside of 5.9% from the current LICY share price of $0.71.

What is LICY's forecast return on equity (ROE) for 2024-2025?

(NYSE: LICY) forecast ROE is -9.04%, which is considered weak.
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