
SQM Stock Forecast & Price Target
SQM Analyst Ratings
Bulls say
Sociedad Quimica y Minera (SQM) is set to significantly increase its lithium sales, projecting an uptick from 190 kilotons in 2024 to 290 kilotons by 2030, indicating strong future demand and production capabilities. The company's commitment to maximizing production and expanding its capacity, alongside its environmental initiatives aimed at improving metrics such as carbon neutrality and waste reduction, positions SQM favorably within the sustainable commodities sector. Additionally, SQM's strategic movements, including the development of a new hard rock lithium project in Australia and the expansion of refining assets in China, underline its proactive approach to meet anticipated market recovery and demand for lithium.
Bears say
Sociedad Quimica y Minera de Chile (SQM) faces a negative outlook primarily due to a significant reduction in projected EBITDA, which has been adjusted downwards by approximately 15% to around $2.4 billion for 2024, driven by declining lithium volumes and pricing forecasts. Compounding these issues is the anticipated lower GDP growth, which could negatively impact various segments of its business and increase the challenges of operating and investing in Chile, potentially rendering such moves less attractive amidst nationalization concerns. Furthermore, governance shortcomings, including stagnation in director independence and diversity initiatives, underscore additional risks facing the company, complicating its long-term growth trajectory.
This aggregate rating is based on analysts' research of Sociedad Quimica Y Minera De Chile and is not a guaranteed prediction by Public.com or investment advice.
SQM Analyst Forecast & Price Prediction
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