Albemarle Corporation (NYSE: ALB), a leading producer of specialty chemicals based in Charlotte, North Carolina, has recently seen a series of reductions in its price targets by major financial institutions. As of Friday, May 9, 2025, shares of Albemarle were trading at $57.71 with a minimal change of -$0.19 from the previous close, according to the latest market data. The day's trading session opened, hit an intraday high, and reached a low, all at $57.71, with a total intraday volume of 449,673 shares. The latest recorded trade occurred at 15:18:10 UTC.
Analyst sentiment towards Albemarle has cooled significantly amid persistent concerns over the company’s financial outlook. According to a report by Scotiabank, the firm lowered its price target on Albemarle stock to $65 from $75 while reiterating a "Sector Perform" rating. The analyst noted that although the company has managed its balance sheet well, several risks have become more pronounced, including leverage, potential capital raises, and sustained lower pricing for its products. The firm also emphasized that valuation estimates for Albemarle need to be revised downward.
Other analysts have echoed similar sentiments. On February 18, 2025, Scotiabank analyst Ben Isaacson maintained a "Sector Perform" rating for Albemarle but lowered the price target from $85.00 to $75.00, as documented on Webull. That same day, Morgan Stanley adjusted its price target from $73.00 down to $68.00 while sustaining an "Underweight" rating, according to MarketScreener. In a further development, on March 7, 2025, Mizuho Securities cut its price target for Albemarle to $85.00 from $90.00, maintaining a "Neutral" rating (Investing.com).
Despite Albemarle's efforts to navigate turbulent markets and manage its financial structure, analysts express ongoing uncertainty relating to the company’s future prospects. The adjustments in price targets by Scotiabank, Morgan Stanley, and Mizuho Securities reflect broader concerns within the market regarding sector-wide headwinds, including enduring soft demand and volatility in global commodity prices.
Albemarle Corp. remains a key player in the U.S. equities market and is closely watched by investors and analysts alike, particularly as the company continues to adjust its strategies to respond to ongoing market pressures and rapidly changing industry dynamics.