Missed GME or NVDA? Donโt Miss the Next One.โ
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ Li-Cycle Holdings Corp. (LICY) Stock Forecast & Price Prediction Canada | NYSE | Industrials | Waste Management
$0.06
+0.00 (1.01%)Did LICY Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Li-Cycle is one of their latest high-conviction picks.
Based on our analysis of 11 Wall Street analysts, LICY has a neutral consensus with a median price target of $2.25 (ranging from $2.25 to $2.25). Currently trading at $0.06, the median forecast implies a 3,650.0% upside. This outlook is supported by 1 Buy, 1 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Jon Windham at UBS, projecting a 3,650.0% upside. Conversely, the most conservative target is provided by Jon Windham at UBS, suggesting a 3,650.0% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for LICY.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Nov 18, 2024 | UBS | Jon Windham | Neutral | Maintains | $2.25 |
Apr 19, 2024 | Chardan Capital | Brian Dobson | Neutral | Maintains | $0.75 |
Nov 16, 2023 | UBS | Jon Windham | Neutral | Downgrade | $0.75 |
Nov 16, 2023 | Morgan Stanley | Adam Jonas | Underweight | Maintains | $0.51 |
Nov 16, 2023 | Chardan Capital | Brian Dobson | Neutral | Downgrade | $0.00 |
Oct 23, 2023 | TD Cowen | Jeffrey Osborne | Market Perform | Downgrade | $0.00 |
Aug 16, 2023 | Chardan Capital | Brian Dobson | Buy | Maintains | $7.00 |
Aug 15, 2023 | Wedbush | Daniel Ives | Outperform | Reiterates | $8.00 |
Aug 1, 2023 | Chardan Capital | Buy | Reiterates | $0.00 | |
Jun 26, 2023 | Piper Sandler | Overweight | Maintains | $7.00 | |
May 16, 2023 | Chardan Capital | Brian Dobson | Buy | Reiterates | $8.00 |
May 4, 2023 | Cantor Fitzgerald | Matthew O'Keefe | Buy | Initiates | $8.50 |
May 3, 2023 | Chardan Capital | Brian Dobson | Buy | Maintains | $8.00 |
Mar 31, 2023 | Baird | Shrenik Kothari | Neutral | Maintains | $8.00 |
Mar 31, 2023 | TD Securities | Jeffrey Osborne | Outperform | Maintains | $8.00 |
Feb 28, 2023 | Chardan Capital | Brian Dobson | Buy | Reiterates | $10.00 |
Feb 1, 2023 | Citigroup | PJ Juvekar | Buy | Maintains | $7.00 |
Jan 31, 2023 | Chardan Capital | Brian Dobson | Buy | Maintains | $10.00 |
Jan 31, 2023 | Baird | Ben Kallo | Neutral | Maintains | $7.00 |
Jan 25, 2023 | Morgan Stanley | Adam Jonas | Underweight | Downgrade | $4.00 |
The following stocks are similar to Li-Cycle based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Li-Cycle Holdings Corp. has a market capitalization of $29.88M with a P/E ratio of 0.0x. The company generates $27.40M in trailing twelve-month revenue with a -173.6% profit margin.
Revenue growth is +78.7% quarter-over-quarter, while maintaining an operating margin of -300.0% and return on equity of -42.6%.
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ tracked and updated every Monday and Thursday.
Specializes in lithium-ion battery recycling.
Li-Cycle generates revenue by recovering and recycling critical materials from end-of-life lithium-ion batteries. Its proprietary Spoke & Hub Technologiesโข enable efficient processing, where Spokes convert battery waste into 'black mass,' and Hubs refine this into high-purity materials for reuse in the battery supply chain.
Founded in 2016 and headquartered in Toronto, Li-Cycle addresses the increasing demand for sustainable solutions in North America and globally. The company's efforts contribute to a domestic, closed-loop battery supply chain, essential for the clean energy sector, thereby reducing environmental impact and promoting regional energy independence.
Industrials
Waste Management
240
Mr. Ajay Kochhar
Canada
2020
NYSE has initiated delisting proceedings for Li-Cycle Holdings Corp. (LICY), with immediate suspension of trading due to regulatory compliance issues.
Li-Cycle Holdings Corp. is being delisted from the NYSE, indicating potential financial instability or regulatory issues, which can negatively impact investor confidence and stock value.
Li-Cycle Holdings Corp. (NYSE: LICY) will begin trading on the OTCQX Best Market under the symbol "LICYF" on February 27, 2025, aiming to reduce costs while maintaining efficiency.
Li-Cycle's move to OTCQX could enhance liquidity and attract more investors, potentially increasing share value while reducing operational costs.
Li-Cycle Holdings Corp. (NYSE: LICY) partners with major U.S. battery energy storage companies for lithium-ion battery recycling, recycling over 100 MWh from these partners in 2024.
Li-Cycle's partnerships with major BESS companies enhance its recycling capabilities and feedstock, potentially boosting revenues and market position in the growing battery recycling sector.
Li-Cycle Holdings has partnered with a premium automotive OEM to recycle lithium-ion battery materials at its Germany facility, expanding its presence in the EU market.
Li-Cycle's partnership with a premium automotive OEM boosts its market position in the EU, enhancing revenue potential and solidifying its role in the growing electric vehicle battery recycling sector.
Li-Cycle Holdings Corp. has partnered with a major luxury auto OEM to recycle lithium-ion battery manufacturing scrap at its Germany facility, enhancing its feedstock supply from Germany.
Li-Cycle's partnership with a major luxury auto OEM for recycling battery scrap signals strong demand for sustainable practices, potentially boosting revenue and market position in the growing EV sector.
Li-Cycle Holdings Corp. supports the Executive Order "Unleashing American Energy" signed by President Trump, which aims to boost U.S. energy production and aligns with the company's goals.
Li-Cycle's support for the Executive Order signals potential growth opportunities in the U.S. energy sector, impacting its market position and investor confidence in the company.
Based on our analysis of 11 Wall Street analysts, Li-Cycle Holdings Corp. (LICY) has a median price target of $2.25. The highest price target is $2.25 and the lowest is $2.25.
According to current analyst ratings, LICY has 1 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.06. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict LICY stock could reach $2.25 in the next 12 months. This represents a 3,650.0% increase from the current price of $0.06. Please note that this is a projection by Wall Street analysts and not a guarantee.
Li-Cycle generates revenue by recovering and recycling critical materials from end-of-life lithium-ion batteries. Its proprietary Spoke & Hub Technologiesโข enable efficient processing, where Spokes convert battery waste into 'black mass,' and Hubs refine this into high-purity materials for reuse in the battery supply chain.
The highest price target for LICY is $2.25 from Jon Windham at UBS, which represents a 3,650.0% increase from the current price of $0.06.
The lowest price target for LICY is $2.25 from Jon Windham at UBS, which represents a 3,650.0% increase from the current price of $0.06.
The overall analyst consensus for LICY is neutral. Out of 11 Wall Street analysts, 1 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $2.25.
Stock price projections, including those for Li-Cycle Holdings Corp., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.