Albemarle Corporation (NYSE: ALB) is one of the world’s largest lithium producers especially electric vehicles. The core business of this company is to produce three types of chemicals for electric vehicles and renewable energy.
The chemicals are lithium, bromine, and catalysts but lithium is the most prominent chemical of Albemarle Corporation.
This article gives you a basic idea about the investment in this company. First of all, we explore all factors that influence this stock, then understand the fundamentals and then I will provide you the stock price forecast of Albemarle Corporation (ALB) from 2025 to 2030
About the Albemarle Corporation (NYSE: ALB)
Albemarle is an American chemical manufacturing company that produces the most prominent and demandable chemicals that are used in every lithium-ion battery. Albemarle was established on Feb 28, 1994, and its headquarters is in Charlotte, North Carolina (United States).
The market capital of this stock is 11.99B USD and the founder is J Kent Masters.
Albemarle Corporation Overview | |
Details | Information |
Stock Name | Albemarle Corporation |
Stock Symbol | ALB |
Stock Exchange | NYSE |
Market Cap | 11.55BÂ USD |
Founder | J Kent Masters |
Founded Year | 28 Feb 1994 |
Headquarter | Charlotte, NC, USA |
Albemarle Stock Price History
Albemarle stock was listed on the New York Stock Exchange on March 25, 1994, and the NYSE symbol for this stock is ALB. This stock started at $6.75 and after the year of 2015, this stock touched $51 per share.
By 2017, this stock hit $140 but during the COVID-19 pandemic this stock faced a big challenge in its stock and the price decreased and trended at $61.53.
After the pandemic, this stock again grew very fast and hit $325.38 at the end of 2022 which was the highest and historical price of this stock.
Time | Per Share Value (USD) |
Before 5D | $94.00 |
Before 1M | $94.30 |
Before 6M | $128.10 |
Before 1Y | $127.98 |
Before 5Y | $64.49 |
All time Max | $325.38 |
Fundamentals of ALB Stock
The yearly revenue growth of this stock is +31.38% which is a better signal for every retail investor. The return on equity (ROE) and earnings per share (EPS) are -4.76% and -1.96 respectively.
The net profit margin of this stock is 9.67B and the current total assets is 18.27B.
Company | Data |
Previous Close | $94.73 |
Day Range | $94.38Â –Â $99.40 |
52 Week Range | $71.97 – $153.54 |
AVG Volume | 2.54M |
Revenue Growth % (Yearly) | +31.38% |
Net Income | 1.57B |
ROE | -4.76% |
EPS | -1.96 |
P/B Ratio | 1.06 |
P/E Ratio | |
Dividend Yield | 1.65% |
Total Equity | 9.67B |
Total Assets | 18.27B |
Net profit margin | 16.36 |
EBITDA Margin | 897.07M |
Upcoming 1, 3, 5, 7, and 10 Years ALB Stock Forecast Chart
The ALB stock forecast for upcoming years is presented in the table below where you can see forested data from this year to after ten years. According to the analyst, this stock will perform well in the future, and expected that this stock will reach $375.84 to $410.50.
Year | Minimum Per Stock Value | Maximum Per Stock Value |
---|---|---|
1 Year | $100.57 | $146.49 |
2 Year | $115.84 | $122.84 |
3 Year | $125.64 | $135.95 |
4 Year | $138.46 | $158.50 |
5 Year | $ 160.84 | $172.84 |
6 Year | $175.24 | $187.98 |
7 Year | $190.84 | $205.74 |
8 Year | $207.64 | $220.54 |
9 Year | $284.95 | $302.51 |
10 Year | $375.84 | $410.50 |
Short-Term Forecast of ALB Stock
If we talk about the short-term forecast of this stock then this stock is expected to touch $121.49 in Dec in 2024. If we see the minimum target price then currently this stock is tried at this price.
Year | Minimum Target | Maximum Target |
---|---|---|
2024 | $100.57 | $121.49 |
ALB Stock Forecast 2025
By 2025, Albemarle will increase its lithium capacity and the demand also increase for the batteries in electric vehicles. So ALB stock price forecast for 2025 is expected to be between $115.84 to $122.84 per share.
Year | Minimum Target | Maximum Target |
---|---|---|
2025 | $115.84 | $122.84 |
ALB Stock Forecast 2026
Albemarle stock price forecast for 2026 is estimated to be $125.64 at the start of the year and price price may reach at $135.95 per share. This estimated forecasted data is based on the past slow performance of this stock.
Year | Minimum Target | Maximum Target |
---|---|---|
2026 | $125.64 | $135.95 |
ALB Stock Forecast 2027
Albemarle stock forecast for 2027 is estimated to be $138.46 per share and this price will touch $158.50 per share at the end of the year.
Year | Minimum Target | Maximum Target |
---|---|---|
2027 | $138.46 | $158.50 |
ALB Stock Forecast 2030
Albemarle stock forecast and prediction for 2030 will be expected at $190.84 in the starting and if it maintains its past performing flow then this stock will touch $205.74 per share.
Year | Minimum Target | Maximum Target |
---|---|---|
2030 | $190.84 | $205.74 |
ALB Stock Forecast 2035
ALB stock price prediction for 2035 will be $284.85 at the start of the year and according to the favorable condition of the market and positive investors sentiments, this stock will be hit at $302.51 at the end of the year.
Year | Minimum Target | Maximum Target |
---|---|---|
2035 | $284.85 | $302.51 |
ALB Stock Forecast 2040
ALB stock price forecast for 2040 is estimated to be $375.84 to $410.50 per share from the start to the end of the year.
Year | Minimum Target | Maximum Target |
---|---|---|
2040 | $375.84 | $410.50 |
ALB Stock Prediction for 2025 to 2040
ALB stock price prediction for 2025 to 2040 is presented in the table below. You can see the growth of this stock is slow but continues growing. According to the previous trend and current market trend, this stock will touch $375.84 to $410.50 in the year 2040.
Year | Minimum Target | Maximum Target |
---|---|---|
2025 | $115.84 | $122.84 |
2026 | $125.64 | $135.95 |
2027 | $138.46 | $158.50 |
2028 | $ 160.84 | $172.84 |
2029 | $175.24 | $187.98 |
2030 | $190.84 | $205.74 |
2031 | $207.64 | $220.54 |
2035 | $284.95 | $302.51 |
2040 | $375.84 | $410.50 |
Major Shareholders of ALB Stock
Vanguard Fiduciary Trust Corporation holds the highest share of this company which is 12.18%. The second largest shareholder is Fiduciary Trust Company International which holds an 11.63% share of this company and the remaining you can see in the table.
Shareholder | Share % |
Vanguard Fiduciary Trust Co. | 12.18 |
Fiduciary Trust Company International | 11.63 |
BlackRock Advisors LLC | 10.52 |
Capital Research & Management Co. (Global Investors) | 6.099 |
STATE STREET CORPORATION | 5.105 |
Other Shareholders of ALB Stock
- Primecap Management Co
- VTSMX – Vanguard Total Stock Market Index Fund Investor Shares
- VFINX – Vanguard 500 Index Fund Investor Shares
- Geode Capital Management, Llc
- Jane Street Group, Llc
Past Annual Financial Statement of ALB Stock
If we see the revenue of ALB stock then you can see Albemarle is growing and performing well so the result is continuous generating revenue year by year. If we see the revenue of 2019 and 2023 it’s about 3 times the previous revenue.
The profit of this company is also increasing year by year and this is a good signal for any type of investor.
Year | Revenue Of ALB | ALB Profit | Total Assets |
2019 | 3.59B | 533.2M | 9.86B |
2020 | 3.13B | 375.76M | 10.45B |
2021 | 3.33B | 123.67M | 10.97B |
2022 | 7.32B | 2.69B | 15.46B |
2023 | 9.62B | 1.57B | 18.27B |
FAQs
What does Albemarle Corporation (ALB) do?
Albemarle Corporation is a chemical manufacturing company that makes and produces lithium for lithium-ion batteries and also produces bromine, and catalysts.
Is Albemarle (ALB) a good stock to buy?
If you focus on the long-term then you can accept that ALB is a good stock because, in the short term, we notice that there is huge volatility in this stock. But ALB is the biggest lithium producer and the demand for lithium will be increasing in the future so for the long-term this stock can be good for you.
What is the forecast for Albemarle stock by 2025?
The forecast for Albemarle stock by 2025 will be between $115.84 to $122.84.
What is Albemarle’s long-term stock forecast for 2030?
The forecast for Albemarle stock by 2030 will be between $190.84 to $205.74.
What are the major risks of investing in Albemarle?
The major risk is competition because the demand for lithium is increasing day by day so there are many competitive companies in this industry.
Conclusion
Albemarle Corporation already successfully adopted the lithium production industry, especially for electric vehicles. And you know that the new era is only of electric vehicles means the manufacturing quantity will increase in the future and other vehicle companies also sift in electricity.
So, I want to say that the demand lithium for lithium-ion batteries will increase day by day. However several factors affected this stock price and the result is we noticed continuous volatility in this stock. But for the long-term, you can see a huge growth in this stock.