Atlas Lithium (ATLX) Stock Forecast & Price Target

$7.10

-0.81 (-10.24%)

(As of 10:10 AM 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

Buy
Based on 3 Analyst Ratings

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

$40.50
470.42% Upside

High Forecast	$55.00
Average Forecast	$40.50
Low Forecast	$25.50

According to the 3 analysts' twelve-month price targets for Atlas Lithium, the average price target is $40.50. The highest price target for ATLX is $55.00, while the lowest price target for ATLX is $25.50. The average price target represents a forecasted upside of 470.42% from the current price of $7.10.

Type	Current Forecast 9/21/23 to 9/20/24	1 Month Ago 8/22/23 to 8/21/24	3 Months Ago 6/23/23 to 6/22/24	1 Year Ago 9/21/22 to 9/21/23
Consensus Rating	Buy	Buy	Buy	Buy
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	$40.50	$40.50	$43.67	$39.25
Forecasted Upside	470.42% Upside	193.19% Upside	137.71% Upside	101.68% Upside

Get Atlas Lithium Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for ATLX and its competitors with MarketBeat's FREE daily newsletter.

Must-Know for Trading Options (Ad)

Options are becoming increasingly popular among investors – with demand hitting record highs for 3 years in a row! But – knowing what the options trading landscape looks like, and what you're up against is a must.

So make sure you claim your free seat by clicking here now.

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.

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.

Atlas Lithium Stock vs. The Competition

Type	Atlas Lithium	Basic Materials Companies	S&P 500
Consensus Rating Score	3.00	2.72	2.50
Consensus Rating	Buy	Moderate Buy	Moderate Buy
Predicted Upside	470.42% Upside	175.82% Upside	7.40% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/26/2024	Roth Mkm 1 of 5 stars		Lower Target	Buy ➝ Buy	$36.00 ➝ $25.50	+123.29%
7/9/2024	HC Wainwright 2 of 5 stars		Boost Target	Buy ➝ Buy	$40.00 ➝ $41.00	+273.41%
4/2/2024	Alliance Global Partners 1 of 5 stars		Lower Target	Buy ➝ Buy	$75.00 ➝ $55.00	+188.87%
4/5/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Reagor Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
2/13/2023	EF Hutton Acquisition Co. I Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$12.00	+73.91%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 10:36 AM ET.

ATLX Forecast - Frequently Asked Questions

What is Atlas Lithium's forecast for 2024?: According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Atlas Lithium is $40.50, with a high forecast of $55.00 and a low forecast of $25.50.
Should I buy or sell Atlas Lithium stock right now?: 3 Wall Street equities 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 equities research analysts is that investors should "buy" ATLX shares.
Does Atlas Lithium's stock price have much upside?: According to analysts, Atlas Lithium's stock has a predicted upside of 193.19% based on their 12-month stock forecasts.
What analysts cover Atlas Lithium?: Atlas Lithium has been rated by research analysts at HC Wainwright, and Roth Mkm in the past 90 days.
Do Wall Street analysts like Atlas Lithium more than its competitors?: 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.