Albemarle (ALB) stock forecast for 2023. Forecast tables and graphs.

Albemarle (ALB) stock forecast for 2023

Last update: October 3, 2022 (05:16)

Sector: Basic materials

The share price of Albemarle Corp. (ALB) now

What analysts predict:: $299.58

52-week high/low: $307.84 / $169.1

50/200 Day Moving Average: $268.24 / $229.82

This figure corresponds to the average price over the previous 50/200 days. For Albemarle stocks, the 50-day moving average is the resistance level today.

For Albemarle stocks, the 200-day moving average is the support level today.

Are you interested in Albemarle stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Albemarle stock price in 2023. How much will one Albemarle share be worth in 2023?

Is it worth taking profit / loss on Albemarle stock now or waiting? What are analysts' forecasts for Albemarle stock?

We forecast Albemarle stock performance using neural networks based on historical data on Albemarle stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Albemarle stock prediction results are shown below and presented as a graph, table and text information.

Albemarle stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Albemarle analysts is $299.58.

Today 200 Day Moving Average is the support level (229.82 $).

50 Day Moving Average is the resistance level (268.24 $).



Fresh insight into Albemarle stock

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Albemarle’s Aggressive Midstream Push Is Unlocking Value

Albemarle’s Aggressive Midstream Push Is Unlocking Value
September 15, 2022

Summary Management continues to revise guidance higher on the back of strong lithium prices. Albemarle anticipates 20%+ annual production growth rates in refined products. The strategic use of tolling is … Read more

Albemarle: World’s Largest Lithium Producer Faces Material Demand As Decarbonization Becomes Gospel

Albemarle: World’s Largest Lithium Producer Faces Material Demand As Decarbonization Becomes Gospel
September 13, 2022

Summary Albemarle’s revenue has gone parabolic on the back of material lithium demand. This is being driven by the global effort to reach net zero. Governments around the world are … Read more



Historical and forecast chart of Albemarle stock

The chart below shows the historical price of Albemarle stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Albemarle stock price can be found in the table below.

Albemarle (ALB) Forecast for 2023

Month Target Pes. Opt. Vol., %
Jan 238.05 228.91 251.48 8.97 %
Feb 247.19 229.99 260.24 11.63 %
Mar 236.81 227.72 259.54 12.26 %
Apr 242.21 234.94 253.55 7.34 %
May 270.40 256.45 294.41 12.89 %
Jun 286.63 265.65 301.42 11.87 %
Jul 300.39 277.68 310.12 10.46 %
Aug 265.42 258.73 276.25 6.34 %
Sep 281.03 261.13 297.21 12.14 %
Oct 267.54 257.26 274.28 6.20 %
Nov 261.44 243.56 283.40 14.06 %
Dec 274.93 258.10 290.10 11.03 %

Albemarle information and performance

Albemarle Corporation develops, manufactures and markets specialty chemicals around the world. It is a global company headquartered in Charlotte, North Carolina. It has almost 6 thousand employees and serves clients in about 100 countries. The corporation is one of the world leaders in the field of technologies for the production of fire-resistant chemicals.

The company was founded in February 1994. Starting with blotting paper, the company abandoned paper production in 1976, selling the business, and has been producing bromine in countries such as Jordan and France since the late 1990s.

Albemarle Address

4250 CONGRESS STREET, SUITE 900, CHARLOTTE, NC, US

Market Capitalization: 30 973 594 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 1 349 635 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: 122.43

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.369

Price/earnings to growth

DPS: 1.57

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.006

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 2.16

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.044

Quarterly Revenue Growth YOY: 0.912

Trailing PE: 122.43

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 11.81

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 7.73

Enterprise Value (EV) /Revenue

EV To EBITDA: 63.96

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 117129000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Albemarle price target for 2021 by month


Target values for the price of one Albemarle share for Jan 2023.

The weighted average target price per Albemarle share in Jan 2023 is: 238.05. In Jan, the positive dynamics for Momo shares will prevail with possible monthly volatility of 8.974% volatility is expected.

Pessimistic target level: 228.91

Optimistic target level: 251.48


Target values for the price of one Albemarle share for Feb 2023.

The weighted average target price per Albemarle share in Feb 2023 is: 247.19. In Feb, the positive dynamics for Momo shares will prevail with possible monthly volatility of 11.626% volatility is expected.

Pessimistic target level: 229.99

Optimistic target level: 260.24


Target values for the price of one Albemarle share for Mar 2023.

The weighted average target price per Albemarle share in Mar 2023 is: 236.81. In Mar, the negative dynamics for Momo shares will prevail with possible monthly volatility of 12.263% volatility is expected.

Pessimistic target level: 227.72

Optimistic target level: 259.54


Target values for the price of one Albemarle share for Apr 2023.

The weighted average target price per Albemarle share in Apr 2023 is: 242.21. In Apr, the positive dynamics for Momo shares will prevail with possible monthly volatility of 7.337% volatility is expected.

Pessimistic target level: 234.94

Optimistic target level: 253.55


Target values for the price of one Albemarle share for May 2023.

The weighted average target price per Albemarle share in May 2023 is: 270.40. In May, the positive dynamics for Momo shares will prevail with possible monthly volatility of 12.895% volatility is expected.

Pessimistic target level: 256.45

Optimistic target level: 294.41


Target values for the price of one Albemarle share for Jun 2023.

The weighted average target price per Albemarle share in Jun 2023 is: 286.63. In Jun, the positive dynamics for Momo shares will prevail with possible monthly volatility of 11.868% volatility is expected.

Pessimistic target level: 265.65

Optimistic target level: 301.42


Target values for the price of one Albemarle share for Jul 2023.

The weighted average target price per Albemarle share in Jul 2023 is: 300.39. In Jul, the positive dynamics for Momo shares will prevail with possible monthly volatility of 10.461% volatility is expected.

Pessimistic target level: 277.68

Optimistic target level: 310.12


Target values for the price of one Albemarle share for Aug 2023.

The weighted average target price per Albemarle share in Aug 2023 is: 265.42. In Aug, the negative dynamics for Momo shares will prevail with possible monthly volatility of 6.341% volatility is expected.

Pessimistic target level: 258.73

Optimistic target level: 276.25


Target values for the price of one Albemarle share for Sep 2023.

The weighted average target price per Albemarle share in Sep 2023 is: 281.03. In Sep, the positive dynamics for Momo shares will prevail with possible monthly volatility of 12.141% volatility is expected.

Pessimistic target level: 261.13

Optimistic target level: 297.21


Target values for the price of one Albemarle share for Oct 2023.

The weighted average target price per Albemarle share in Oct 2023 is: 267.54. In Oct, the negative dynamics for Momo shares will prevail with possible monthly volatility of 6.204% volatility is expected.

Pessimistic target level: 257.26

Optimistic target level: 274.28


Target values for the price of one Albemarle share for Nov 2023.

The weighted average target price per Albemarle share in Nov 2023 is: 261.44. In Nov, the negative dynamics for Momo shares will prevail with possible monthly volatility of 14.059% volatility is expected.

Pessimistic target level: 243.56

Optimistic target level: 283.40


Target values for the price of one Albemarle share for Dec 2023.

The weighted average target price per Albemarle share in Dec 2023 is: 274.93. In Dec, the positive dynamics for Momo shares will prevail with possible monthly volatility of 11.031% volatility is expected.

Pessimistic target level: 258.10

Optimistic target level: 290.10




Albemarle (ALB) stock dividend

Albemarle last paid dividends on 09/15/2022. The next scheduled payment will be on 10/03/2022. The amount of dividends is $1.57 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Date: 01/01/1970

Last Split Factor:


Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.