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What is the forecast for SQM?

Published in SQM Stock Forecast 2 mins read

The 12-month forecast for Sociedad Química y Minera de Chile S.A. (SQM) indicates an average target price of $45.56, which suggests a potential increase of 21.04% from its current stock price of $37.64.

SQM Stock Price Forecast Overview

Analyst forecasts provide valuable insights into the potential future performance of a stock. For SQM, the projections are derived from the evaluations of several market analysts. These forecasts often serve as a benchmark for investors looking to understand market sentiment and potential price movements over a specific period, typically 12 months.

The forecast data for SQM is compiled from the insights of 8 analysts. These experts offer their individual price targets, which are then used to calculate an average, as well as define the range of potential outcomes from the lowest to the highest predicted prices.

Key Forecast Metrics for SQM

The following table summarizes the essential figures from the 12-month price forecast for SQM:

Metric Value
Number of Analysts 8
Current Stock Price $37.64
Average Target Price $45.56
Low Estimate $31.00
High Estimate $65.00
Predicted Increase 21.04%

This data suggests a generally optimistic outlook from the analysts, with the average target price indicating a notable upside from the current trading value. However, it's important to consider the full range of estimates, as the low and high estimates represent the most conservative and most bullish scenarios, respectively.

Understanding these different projections can help investors gauge the potential volatility and the varying levels of confidence among analysts regarding SQM's future stock performance.