Albemarle stock faces a lower Mizuho target after October review

Published on 10/04/2026 at 22:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mizuho cut its Albemarle target to USD 130 from USD 140 on October 1, while the October 2 close stood at USD 104.59. Q2 revenue rose 31.1 percent to USD 1.74 billion.

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Albemarle stock (ISIN US0126531013) closed at USD 104.59 on the NYSE on October 2, 2026, down 0.42 percent from the prior session. The immediate catalyst was a Mizuho price-target cut on October 1, when analyst John Roberts lowered the target to USD 130 from USD 140 and kept a Neutral rating, Markets Insider reported.

Mizuho lowers the valuation bar

The revised USD 130 target lies 24.3 percent above the October 2 closing price. Mizuho cited high China-finished product exports and higher interest rates as pressures on demand, while identifying electronics and medical markets as stronger areas in its September-quarter preview, according to Markets Insider.

The market context is unusually wide. Albemarle's October 2 close was USD 116.41 below its 52-week high of USD 221.00 and USD 16.58 above its 52-week low of USD 88.01, while trading volume reached 2,002,579 shares.

Revenue growth meets lithium pressure

Albemarle reported second-quarter fiscal 2026 revenue of USD 1.74 billion, up 31.1 percent from the same quarter a year earlier, while earnings reached USD 438.27 million, according to MarketBeat. The comparison matters because stronger revenue has not prevented analysts from lowering near-term valuation assumptions.

MarketBeat reported a Moderate Buy consensus from 26 analysts, including 15 Buy, nine Hold and two Sell ratings. Its average 12-month price target was USD 190.04, which lies 81.7 percent above the October 2 close, MarketBeat said.

Leadership change sets a second checkpoint

Ragnar Udd is scheduled to become Albemarle's president and CEO on February 1, 2027, while Kent Masters is set to become executive chairman. Reuters reported the transition as the lithium producer works through volatile market pricing and an industry downturn.

Albemarle stock stays far below its high

At USD 104.59, Albemarle stock carried a market capitalization of USD 12.3 billion on October 2, 2026. The company is scheduled to release third-quarter 2026 results on November 4, 2026, according to Albemarle.