What Triggered the 7% Surge in Albemarle Stock (ALB)?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 18 2025
0mins
Source: TipRanks
Albemarle's Stock Surge: Albemarle (ALB) shares rose over 7% following a spike in global lithium prices due to the suspension of operations by Chinese producer Zangge Mining, easing concerns about oversupply in the market.
Market Impact and Future Outlook: The rally boosted investor sentiment for Albemarle, which has faced challenges from lithium oversupply; however, the stock is still down 12% year-to-date, with earnings set to be released on July 30.
Analyst Views on SQM
Wall Street analysts forecast SQM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SQM is 64.28 USD with a low forecast of 43.50 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
3 Buy
5 Hold
1 Sell
Hold
Current: 83.840
Low
43.50
Averages
64.28
High
80.00
Current: 83.840
Low
43.50
Averages
64.28
High
80.00
About SQM
Sociedad Quimica y Minera de Chile SA (SQM), is a producer of potassium nitrate and iodine. The Company produces specialty plant nutrients, iodine derivatives, lithium and its derivatives, potassium chloride, potassium sulfate and certain industrial chemicals. Its segments include specialty plant nutrients, industrial chemicals, iodine and derivatives, lithium and derivatives, potassium, and other products and services. Specialty plant nutrients are fertilizers that enable farmers to improve yields. Industrial chemicals have a range of applications in chemical processes, such as the manufacturing of glass and industrial nitrates. Iodine and its derivatives are used in the X-ray contrast media and biocides industries, among others. Lithium and its derivatives are used in batteries, greases and frits for production of ceramics. Potassium chloride is a commodity fertilizer that is produced and sold by the Company across the world.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
