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Li-Cycle Holdings Corp. (LICY)
NYSE:LICY
US Market
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Li-Cycle Holdings (LICY) Price & Analysis

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LICY Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
EarningsLi-Cycle reported 3Q24 revenue of $8.4mn, above the $6.0mn estimate.
Financial SupportThe DOE loan was upsized to $475mn from $375mn, which largely covers the cost to complete.
Strategic PartnershipsLi-Cycle announced an offtake agreement with Glencore for 100% MHP production at the hub.
Bears Say
Capital Requirements$32mn of cash on balance sheet at end of September and $26mn of cash burn in the 3Q24 implies capital raise needed by early 1Q25.
Funding NeedsLikely need to raise at least 2x the awarded but not closed $375mn DOE loan given cost to complete hub and cash burn period.
Liquidity ConcernsRoughly $265mn needs to be raised before Li-Cycle can draw on the DOE loan.

Financials

Ownership Overview

17.64%1.71%3.37%76.89%
17.64% Insiders
3.37% Other Institutional Investors
76.89% Public Companies and Individual Investors

LICY FAQ

What was Li-Cycle Holdings Corp.’s price range in the past 12 months?
Li-Cycle Holdings Corp. lowest stock price was $0.20 and its highest was $15.36 in the past 12 months.
    What is Li-Cycle Holdings Corp.’s market cap?
    Li-Cycle Holdings Corp.’s market cap is $7.79M.
      When is Li-Cycle Holdings Corp.’s upcoming earnings report date?
      Li-Cycle Holdings Corp.’s upcoming earnings report date is Mar 14, 2025 which is 127 days ago.
        How were Li-Cycle Holdings Corp.’s earnings last quarter?
        Currently, no data Available
        Is Li-Cycle Holdings Corp. overvalued?
        According to Wall Street analysts Li-Cycle Holdings Corp.’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Li-Cycle Holdings Corp. pay dividends?
          Li-Cycle Holdings Corp. does not currently pay dividends.
          What is Li-Cycle Holdings Corp.’s EPS estimate?
          Li-Cycle Holdings Corp.’s EPS estimate is -0.62.
            How many shares outstanding does Li-Cycle Holdings Corp. have?
            Li-Cycle Holdings Corp. has 35,427,795 shares outstanding.
              What happened to Li-Cycle Holdings Corp.’s price movement after its last earnings report?
              Currently, no data Available
              Which hedge fund is a major shareholder of Li-Cycle Holdings Corp.?
              Currently, no hedge funds are holding shares in LICY

              Company Description

              Li-Cycle Holdings Corp.

              Li-Cycle Holdings Corp. is a leading lithium-ion battery resource recovery company operating in the renewable energy sector. The company focuses on recycling and recovering valuable materials from lithium-ion batteries, which are widely used in electric vehicles, consumer electronics, and other energy storage applications. Li-Cycle provides an environmentally sustainable solution to battery waste, offering services that span the entire lifecycle of battery recycling, from collection to resource recovery.
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