tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

SQM Reports Turnaround in Earnings Amidst Lower Lithium Prices

Story Highlights
SQM Reports Turnaround in Earnings Amidst Lower Lithium Prices

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Sociedad Quimica Y Minera SA ( (SQM) ).

Sociedad Química y Minera de Chile S.A. (SQM) reported a net income of $226 million for the first half of 2025, a significant turnaround from a net loss of $655.9 million in the same period last year, despite a 12.6% decline in revenues to $2,079.3 million. The company faced lower lithium market prices, impacting sales volumes, but anticipates a 10% growth in sales from its Salar de Atacama operations. SQM also announced the completion of the Kwinana refinery in Australia, expecting to produce 50,000 tons of battery-grade lithium hydroxide annually, which will support the rising demand for electric vehicles. The company remains optimistic about its diversified portfolio, with strong performance in iodine and potassium businesses.

The most recent analyst rating on (SQM) stock is a Buy with a $45.00 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.

The overall stock score of 68.5 reflects a balanced view of SQM’s current position. The company’s strong operational margins and positive technical indicators are significant strengths. However, challenges such as declining revenue in the lithium segment and moderate valuation metrics temper the score. The cautiously optimistic earnings call adds a positive outlook for future growth.

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 focusing on the production and sale of lithium, iodine, and potassium-related products. The company operates globally, with significant operations in Chile and Australia, and is a key player in the lithium market, which is essential for the growing electric vehicle industry.

Average Trading Volume: 1,544,438

Technical Sentiment Signal: Buy

Current Market Cap: $12.79B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1