tiprankstipranks
Li-Cycle Holdings (LICY)
NYSE:LICY
US Market

Li-Cycle Holdings (LICY) Stock Forecast & Price Target

776 Followers
See the Price Targets and Ratings of:

LICY Analyst Ratings

Currently, no data available
Based on 0 analysts giving stock ratings to
Li-Cycle
Holdings
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

LICY Stock 12 Month Forecast

There Are No Analyst Ratings for LICY In The Last 3 Months.
Highest Price TargetAverage Price TargetLowest Price Target
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

LICY Financial Forecast

LICY Earnings Forecast

Next quarter’s earnings estimate for LICY is -$0.17 with a range of -$0.17 to -$0.17. The previous quarter’s EPS was -$0.16. LICY beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 64.63% of the time in the same period. In the last calendar year LICY has Underperformed its overall industry.
Next quarter’s earnings estimate for LICY is -$0.17 with a range of -$0.17 to -$0.17. The previous quarter’s EPS was -$0.16. LICY beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 64.63% of the time in the same period. In the last calendar year LICY has Underperformed its overall industry.

LICY Sales Forecast

Next quarter’s sales forecast for LICY is $4.51M with a range of $4.51M to $4.51M. The previous quarter’s sales results were $6.40M. LICY beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 60.72% of the time in the same period. In the last calendar year LICY has Underperformed its overall industry.
Next quarter’s sales forecast for LICY is $4.51M with a range of $4.51M to $4.51M. The previous quarter’s sales results were $6.40M. LICY beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 60.72% of the time in the same period. In the last calendar year LICY has Underperformed its overall industry.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
UBS
$0.75
Hold
7.13%
Upside
Downgraded
11/16/23
UBS downgrades Li-Cycle Holdings Corp. (LICY) to NeutralUBS analyst Jon Windham downgraded Li-Cycle Holdings Corp. (NYSE: LICY) from Buy to Neutral with a price target of $0.75 (from $9.00).
Morgan Stanley
$0.51
Sell
-27.15%
Downside
Reiterated
11/16/23
Li-Cycle Holdings Corp. (LICY) PT Lowered to $0.51 at Morgan StanleyMorgan Stanley analyst Adam Jonas lowered the price target on Li-Cycle Holdings Corp. (NYSE: LICY) to $0.51 (from $4.00) while maintaining a Underweight rating.
Chardan Capital
$0.75
Hold
7.13%
Upside
Downgraded
11/16/23
Li-Cycle downgraded to Neutral from Buy at ChardanLi-Cycle downgraded to Neutral from Buy at Chardan
Robert W. Baird
$1.00
Hold
42.84%
Upside
Reiterated
11/14/23
Li-Cycle price target lowered to $1 from $4 at BairdLi-Cycle price target lowered to $1 from $4 at Baird
TD Cowen
$2.00
Hold
185.67%
Upside
Reiterated
11/13/23
Financial Strains and Future Uncertainties: An Analysis of Li-Cycle Holdings' Hold Rating
Wedbush
$8.00
Buy
1042.69%
Upside
Reiterated
08/15/23
Piper Sandler
$7.00
Buy
899.86%
Upside
Reiterated
06/26/23
Li-Cycle price target lowered to $7 from $10 at Piper SandlerLi-Cycle price target lowered to $7 from $10 at Piper Sandler
Cantor Fitzgerald
$8.50
Buy
1114.11%
Upside
Initiated
05/04/23
Li-Cycle initiated with an Buy at Cantor FitzgeraldLi-Cycle initiated with an Buy at Cantor Fitzgerald
KBW Analyst forecast on LICY
Unknown Analyst
Not Ranked
KBW
$8.00
Buy
1042.69%
Upside
Reiterated
05/16/23
Li-Cycle Holdings Corp. (LICY) PT Lowered to $8 at Cantor FitzgeraldCantor Fitzgerald analyst Matthew OKeefe lowered the price target on Li-Cycle Holdings Corp. (NYSE: LICY) to $8.00 (from $8.50) while maintaining a Buy rating.

Best Analysts Covering Li-Cycle Holdings

Which Analyst Should I Follow If I Want to Buy LICY and Sell After:
1 Month
Alexander PotterPiper Sandler
Success Rate
2/3 ratings generated profit
67%
Average Return
+7.07%
reiterated a buy rating 10 months ago
Copying Alexander Potter's trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of +7.07% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
3 Months
Adam JonasMorgan Stanley
Success Rate
4/4 ratings generated profit
100%
Average Return
+29.80%
reiterated a sell rating 5 months ago
Copying Adam Jonas's trades and holding each position for 3 Months would result in 100.00% of your transactions generating a profit, with an average return of +29.80% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
1 Year
Adam JonasMorgan Stanley
Success Rate
2/4 ratings generated profit
50%
Average Return
+38.32%
reiterated a sell rating 5 months ago
Copying Adam Jonas's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +38.32% per trade.
2 Years
Adam JonasMorgan Stanley
Success Rate
2/4 ratings generated profit
50%
Average Return
+39.77%
reiterated a sell rating 5 months ago
Copying Adam Jonas's trades and holding each position for 2 Years would result in 50.00% of your transactions generating a profit, with an average return of +39.77% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
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.

LICY Analyst Recommendation Trends

Rating
May 23
Jun 23
Aug 23
Oct 23
Nov 23
Strong Buy
6
6
6
1
1
Buy
2
1
1
1
0
Hold
2
1
2
3
7
Sell
0
0
1
1
2
Strong Sell
0
0
0
0
0
total
10
8
10
6
10
In the current month, LICY has received 1 Buy Ratings, 7 Hold Ratings, and 2 Sell Ratings. LICY average Analyst price target in the past 3 months is .
Each month's total comprises the sum of three months' worth of ratings.
Stocks with the Highest Top Analyst Consensus in the Industrial Goods Sector
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
Find stocks in the Industrial Goods sector that are highly recommended by Top Performing Analysts.

LICY Stock Forecast FAQ

What is LICY’s average 12-month price target, according to analysts?
Currently, no data Available
What is LICY’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for LICY, 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 LICY a Buy, Sell or Hold?
      Currently, no data Available
      What is Li-Cycle Holdings’s price target?
      Currently, no data Available
      What do analysts say about Li-Cycle Holdings?
      Not enough analysts have published a price target to provide an average price target.
      How can I buy shares of LICY?
      Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
        What's Included in PREMIUM?
        Make informed decisions based on Top Analysts' activity
        Know what industry insiders are buying
        Get actionable alerts from top Wall Street Analysts
        Find out before anyone else which stock is going to shoot up
        Get powerful stock screeners & detailed portfolio analysis