BMO keeps USD 90 target for SQM stock as Q2 revenue reaches USD 2.47 billion

Published on 10/15/2026 at 12:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SQM delivered USD 2.47 billion revenue in the second quarter of 2026, up 136.70 percent year over year. SQM stock stood at EUR 53.90 on October 15, 2026 at Lang & Schwarz, while market value was USD 17.6 billion.

Reporting schedule and earnings scale

BMO maintained a USD 90.00 target on October 7, 2026.
Second-quarter 2026 revenue reached USD 2.47 billion.
SQM stock stood at EUR 53.90 at 12:41 p.m. CEST at Lang & Schwarz on October 15, 2026.
Third-quarter 2026 results are scheduled for November 17, 2026.

SQM, US8336351056, Illustration mit AI erstellt.

SQM maintained a USD 90.00 analyst target while second-quarter 2026 revenue reached USD 2.47 billion, giving investors two contrasting signals on October 15, 2026. The Globe and Mail reported on October 7, 2026, that BMO maintained a Buy rating and its USD 90.00 target.

The October target and second quarter

The operating backdrop was considerably stronger than the prior-year comparison. SQM reported USD 2.468 billion in revenue for the second quarter of 2026, versus USD 1.043 billion in the second quarter of 2025, while net income rose to USD 660.0 million from USD 88.0 million. The figures come from SQM, which published the six-month results on August 18, 2026.

Three events shaped the stock

The chronology starts with SQM reporting USD 2.468 billion of second-quarter revenue on August 18, 2026. On August 25, 2026, the company approved an interim dividend, according to its investor-relations page. The latest item is BMO's USD 90.00 target, reported on October 7, 2026 by The Globe and Mail.

What does revenue mean for SQM?

The revenue comparison matters because it shows how sharply the latest quarter differed from the prior year, but the market still prices SQM against lithium conditions. A report dated October 14, 2026 said SQM fell 1.89 percent to USD 61.64 in New York as lithium prices gave back their 2026 gains amid oversupply concerns, according to The Rio Times. A separate analyst roundup placed the average one-year target at USD 82.56 from thirteen research firms on October 14, 2026, with a Hold consensus, according to Transcript Daily.

Next reporting dates

SQM's next scheduled event is publication of third-quarter 2026 financial results on November 17, 2026, followed by the conference call on November 18, 2026. Both dates are listed on the company's investor-relations page and give the next formal test of the revenue recovery.

SQM price in euros

SQM stock was trading at EUR 53.90 at Lang & Schwarz on October 15, 2026 at 12:41 p.m. CEST. The primary listing is on the New York Stock Exchange, where the stock was quoted in USD and the market capitalization was USD 17.6 billion as of October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of SQM stock.