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Electra Battery Materials Corp (ELBM)
NASDAQ:ELBM
ELBM Analyst Ratings
Moderate Buy
1 Buy
0 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
ELBM Stock 12 Month Forecast
Average Price Target
$2.10
▲(223.08% Upside)
| Highest Price Target$2.10 | Average Price Target$2.10 | Lowest Price Target$2.10 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
H.C. Wainwright
$2.1
Buy
223.08%
Upside
Reiterated
03/17/26
We also stress that ELBM’s deal includes an option to extend this agreement to 2032. We emphasize that the price of cobalt sulfate is up over 90% since the beginning of 2025. In turn, the updated agreement therefore allows for 40% exposure to spot prices across Electra’s future production. The company’s cobalt sulfate refinery was initially designed to produce 5,120 tonnes of contained cobalt per year, in addition to a crystallizer capacity of up to 6,500 tonnes annually. We therefore view Electra as a predominant domestic supplier of cobalt sulfate for North America, and as a company with the potential to generate meaningful revenue at current cobalt sulfate spot prices. Electra announced the approval of its $73.0M construction budget and the current timeline for its cobalt sulfate refinery.
Alliance Global Partners
$2.1
Buy
223.08%
Upside
Reiterated
05/14/25
Analyst Type
Any
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
H.C. Wainwright
$2.1
Buy
223.08%
Upside
Reiterated
03/17/26
We also stress that ELBM’s deal includes an option to extend this agreement to 2032. We emphasize that the price of cobalt sulfate is up over 90% since the beginning of 2025. In turn, the updated agreement therefore allows for 40% exposure to spot prices across Electra’s future production. The company’s cobalt sulfate refinery was initially designed to produce 5,120 tonnes of contained cobalt per year, in addition to a crystallizer capacity of up to 6,500 tonnes annually. We therefore view Electra as a predominant domestic supplier of cobalt sulfate for North America, and as a company with the potential to generate meaningful revenue at current cobalt sulfate spot prices. Electra announced the approval of its $73.0M construction budget and the current timeline for its cobalt sulfate refinery.
Alliance Global Partners
$2.1
Buy
223.08%
Upside
Reiterated
05/14/25
Best Analysts Covering Electra Battery Materials Corp
3 Months
xxx
Success Rate
3/7 ratings generated profit
Average Return
-7.70%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 42.86% of your transactions generating a profit, with an average return of -7.70% per trade.
1 Year
Success Rate
1/7 ratings generated profit
Average Return
-37.93%
Copying Jake Sekelsky's trades and holding each position for 1 Year would result in 14.29% of your transactions generating a profit, with an average return of -37.93% per trade.
2 Years
xxx
Success Rate
0/10 ratings generated profit
Average Return
-52.15%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 0.00% of your transactions generating a profit, with an average return of -52.15% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
ELBM Analyst Recommendation Trends
Rating
Nov 25
Dec 25
Jan 26
Feb 26
Mar 26
Strong Buy
4
3
2
0
1
Buy
1
1
0
0
0
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
5
4
2
0
1
Each month's total comprises the sum of three months' worth of ratings.
ELBM Financial Forecast
ELBM Stock Forecast FAQ
What is ELBM’s average 12-month price target, according to analysts?
Based on analyst ratings, Electra Battery Materials Corp’s 12-month average price target is 2.10.
What is ELBM’s upside potential, based on the analysts’ average price target?
Electra Battery Materials Corp has 223.08% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is ELBM a Buy, Sell or Hold?
Electra Battery Materials Corp has a consensus rating of Moderate Buy which is based on 1 buy ratings, 0 hold ratings and 0 sell ratings.
What is Electra Battery Materials Corp’s price target?
The average price target for Electra Battery Materials Corp is 2.10. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $2.10 ,the lowest forecast is $2.10. The average price target represents 223.08% Increase from the current price of $0.65.
The highest analyst price target is $2.10 ,the lowest forecast is $2.10. The average price target represents 223.08% Increase from the current price of $0.65.
What do analysts say about Electra Battery Materials Corp?
Electra Battery Materials Corp’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 1 Wall Streets Analysts.
How can I buy shares of ELBM?
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