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SQM Reports Strong Q1 2025 Earnings Amid Record Lithium and Iodine Sales

Story Highlights
  • SQM reported a net income of US$137.5 million for Q1 2025, reversing last year’s loss.
  • The company saw record lithium sales volumes and high iodine prices, despite a revenue drop.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SQM Reports Strong Q1 2025 Earnings Amid Record Lithium and Iodine Sales

Confident Investing Starts Here:

Sociedad Quimica Y Minera SA ( (SQM) ) just unveiled an announcement.

SQM reported a net income of US$137.5 million for the first quarter of 2025, a significant turnaround from a net loss of US$869.5 million in the same period last year. Despite a 4.4% decrease in total revenues to US$1,036.6 million, the company achieved record-high iodine sales prices and a 27% increase in lithium sales volumes, reflecting strong demand from the electric vehicle market. The company anticipates lower realized prices in the second quarter due to an oversupplied market but remains optimistic about its production capabilities, with ongoing projects in Chile and China aimed at expanding lithium production capacity.

The most recent analyst rating on (SQM) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Sociedad Quimica Y Minera SA stock, see the SQM Stock Forecast page.

Spark’s Take on SQM Stock

According to Spark, TipRanks’ AI Analyst, SQM is a Neutral.

SQM’s overall stock score is influenced by significant financial challenges, including declining revenues and negative profitability, alongside bearish technical indicators. While the company demonstrates strong operational performance in certain segments, the risks from declining lithium prices and geopolitical uncertainties weigh heavily on the outlook.

To see Spark’s full report on SQM stock, click here.

More about Sociedad Quimica Y Minera SA

Sociedad Química y Minera de Chile S.A. (SQM) is a leading company in the chemical and mining industry, primarily focused on the production and sale of lithium, iodine, and specialty plant nutrients. The company plays a significant role in the global lithium market, driven by the demand from the electric vehicle and energy storage sectors, particularly in China.

Average Trading Volume: 1,212,484

Technical Sentiment Signal: Sell

Current Market Cap: $8.62B

For a thorough assessment of SQM stock, go to TipRanks’ Stock Analysis page.

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