12 Month Price Forecast For LICY
Distance to LICY Price Forecasts
LICY Price Momentum
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Disclaimer: 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.
Data last updated: February 8, 2025 4:02 AM UTC
LICY Analyst Ratings & Price Targets
Based on our analysis of 11 Wall Street analysts, LICY has a consensus that is neutral. The median price target is $2.25, with forecasts ranging from $2.25 to $2.25. Currently, there are 1 Buy ratings, 1 Hold ratings, and 0 Sell ratings.
With LICY currently trading at $0.85, the median price forecast suggests a 163.5% upside. The most optimistic forecast comes from Jon Windham at UBS, projecting a 163.5% upside, while Jon Windham at UBS provides the most conservative target, suggesting a 163.5% 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.
LICY Analyst Consensus
LICY Price Target Range
Latest LICY Stock Forecasts by Analyst
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 | Morgan Stanley | Adam Jonas | Underweight | Maintains | $0.51 |
| Nov 16, 2023 | Chardan Capital | Brian Dobson | Neutral | Downgrade | $0.00 |
| Nov 16, 2023 | UBS | Jon Windham | Neutral | Downgrade | $0.75 |
| 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 | Baird | Ben Kallo | Neutral | Maintains | $7.00 |
| Jan 31, 2023 | Chardan Capital | Brian Dobson | Buy | Maintains | $10.00 |
| Jan 25, 2023 | Morgan Stanley | Adam Jonas | Underweight | Downgrade | $4.00 |
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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. (LICY) Financial Data
Li-Cycle Holdings Corp. has a market capitalization of $30.24M with a P/E ratio of -0.1x. The company generates $27.40M in trailing twelve-month revenue with a -347.0% 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%.
Valuation Metrics
Growth & Margins
Financial Health
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Li-Cycle Holdings Corp. (LICY) Company Overview
About Li-Cycle Holdings Corp.
Lithium-ion battery recycling and resource recovery.
The company operates a business model focused on the recovery and recycling of lithium-ion batteries, generating revenue through the sale of recovered materials such as lithium, nickel, cobalt, and other metals. By offering a range of battery materials and hub products, Li-Cycle caters to the growing demand for sustainable battery solutions in North America.
Headquartered in Toronto, Canada, Li-Cycle is positioned to capitalize on the increasing need for responsible recycling practices as electric vehicle and renewable energy markets expand. Its innovative processes contribute to a circular economy in the battery supply chain.
Company Information
Sector
Industrials
Industry
Waste Management
Employees
384
CEO
Mr. Ajay Kochhar
Country
Canada
IPO Year
2020
Website
www.li-cycle.comLi-Cycle Holdings Corp. (LICY) Latest News & Analysis
Li-Cycle Holdings Corp. has partnered with a premium automotive OEM to recycle lithium-ion battery materials at its Germany facility, expanding its commercial presence in the EU.
Li-Cycle's partnership with a premium automotive OEM boosts its market position in the EU, enhancing revenue potential and highlighting growing demand for battery recycling in the EV sector.
Li-Cycle Holdings Corp. has secured an exclusive partnership with a major luxury auto OEM to recycle lithium-ion battery manufacturing scrap at its Germany facility, enhancing its feedstock supply.
Li-Cycle's partnership with a major luxury auto OEM enhances its market position, potentially increasing revenue and stabilizing feedstock supply, which may positively influence investor sentiment and stock performance.
Li-Cycle Holdings Corp. supports the Executive Order "Unleashing American Energy," which aims to boost domestic energy production and aligns with the company's resource recovery mission.
Li-Cycle's backing of the Executive Order on energy production could boost its business prospects, reflecting potential growth in the lithium-ion battery recycling market, influencing stock performance.
Li-Cycle Holdings Corp. has priced its underwritten public offering, expecting to raise approximately $15 million in gross proceeds before expenses.
Li-Cycle's $15 million public offering indicates its growth strategy and capital needs, potentially affecting stock value and investor sentiment regarding future expansion and profitability.
Li-Cycle Holdings Corp. closed a public offering in the U.S., raising approximately $15 million from the sale of 5,000,000 units, before expenses.
Li-Cycle's $15 million public offering enhances its financial position, enabling growth and investment in lithium-ion battery recycling, which may boost future profitability and market competitiveness.
Li-Cycle Holdings Corp. has launched an underwritten public offering in the U.S. for units comprising common shares and warrants, with Aegis Capital Corp. granted a 45-day purchase option.
Li-Cycle's public offering can dilute existing shares and impact stock price. The raised capital could fuel growth, affecting future profitability and investment potential.
Frequently Asked Questions About LICY Stock
What is Li-Cycle Holdings Corp.'s (LICY) stock forecast for 2025?
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.
Is LICY stock a good investment in 2025?
According to current analyst ratings, LICY has 1 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.85. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for LICY stock?
Wall Street analysts predict LICY stock could reach $2.25 in the next 12 months. This represents a 163.5% increase from the current price of $0.85. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Li-Cycle Holdings Corp.'s business model?
The company operates a business model focused on the recovery and recycling of lithium-ion batteries, generating revenue through the sale of recovered materials such as lithium, nickel, cobalt, and other metals. By offering a range of battery materials and hub products, Li-Cycle caters to the growing demand for sustainable battery solutions in North America.
What is the highest forecasted price for LICY Li-Cycle Holdings Corp.?
The highest price target for LICY is $2.25 from Jon Windham at UBS, which represents a 163.5% increase from the current price of $0.85.
What is the lowest forecasted price for LICY Li-Cycle Holdings Corp.?
The lowest price target for LICY is $2.25 from Jon Windham at UBS, which represents a 163.5% increase from the current price of $0.85.
What is the overall LICY consensus from analysts for Li-Cycle Holdings Corp.?
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.
How accurate are LICY stock price projections?
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.
