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Atlas Lithium (ATLX) Stock Forecast & Price Target

Atlas Lithium logo
$7.26 -0.67 (-8.45%)
(As of 08:01 PM ET)

Atlas Lithium - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
3

Based on 3 Wall Street analysts who have issued ratings for Atlas Lithium in the last 12 months, the stock has a consensus rating of "Buy." Out of the 3 analysts, 3 have given a buy rating for ATLX.

Consensus Price Target

$33.17
356.84% Upside
According to the 3 analysts' twelve-month price targets for Atlas Lithium, the average price target is $33.17. The highest price target for ATLX is $55.00, while the lowest price target for ATLX is $19.00. The average price target represents a forecasted upside of 356.84% from the current price of $7.26.
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ATLX Analyst Ratings Over Time

TypeCurrent Forecast
11/26/23 to 11/25/24
1 Month Ago
10/27/23 to 10/26/24
3 Months Ago
8/28/23 to 8/27/24
1 Year Ago
11/26/22 to 11/26/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
5 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$33.17$33.17$40.50$39.25
Forecasted Upside356.84% Upside303.49% Upside263.55% Upside36.81% Upside
Consensus Rating
Buy
Buy
Buy
Buy

ATLX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ATLX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Atlas Lithium Stock vs. The Competition

TypeAtlas LithiumBasic Materials CompaniesS&P 500
Consensus Rating Score
3.00
2.76
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside318.24% Upside124.64% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent ATLX News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/29/2024HC Wainwright
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$19.00 ➝ $19.00+85.37%
7/26/2024Roth Mkm
1 of 5 stars
 Lower TargetBuy ➝ Buy$36.00 ➝ $25.50+123.29%
4/2/2024Alliance Global Partners
1 of 5 stars
 Lower TargetBuy ➝ Buy$75.00 ➝ $55.00+188.87%
4/5/2023Roth Capital
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J. Reagor
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Reiterated RatingBuy
2/13/2023EF Hutton Acquisition Co. I
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy$12.00+73.91%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 02:25 PM ET.


ATLX Forecast - Frequently Asked Questions

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Atlas Lithium is $33.17, with a high forecast of $55.00 and a low forecast of $19.00.

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Atlas Lithium in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ATLX shares.

According to analysts, Atlas Lithium's stock has a predicted upside of 356.84% based on their 12-month stock forecasts.

Atlas Lithium has been rated by research analysts at HC Wainwright in the past 90 days.

Analysts like Atlas Lithium more than other "basic materials" companies. The consensus rating for Atlas Lithium is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how ATLX compares to other companies.


This page (NASDAQ:ATLX) was last updated on 11/25/2024 by MarketBeat.com Staff
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