RBC cuts target from USD 157.00 to USD 129.00 for Albemarle stock
Published on 10/17/2026 at 19:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget change and results date
- Royal Bank of Canada lowered its target from USD 157.00 to USD 129.00 on October 15, 2026.
- Second-quarter 2026 revenue rose 31.10 percent to USD 1.74 billion.
- Albemarle stock was last at EUR 87.70 on L&S Exchange on October 16, 2026 at 3:00 p.m. CEST, 17.46 percent above the 52-week low of EUR 74.67.
- Albemarle will release third-quarter 2026 results on November 4, 2026.
Royal Bank of Canada lowered its Albemarle target from USD 157.00 to USD 129.00 on October 15, 2026, while maintaining an Outperform rating, MarketBeat reported. The revised target stood 35.10 percent above the USD 95.48 last price on the NYSE on October 16, 2026. Albemarle Corp. was last at EUR 87.70 on L&S Exchange on October 16, 2026 at 3:00 p.m. CEST.
Second-quarter revenue rose 31.10 percent
Albemarle's second-quarter 2026 revenue reached USD 1.74 billion, up 31.10 percent from USD 1.33 billion a year earlier. The period also produced diluted earnings per share of USD 3.52, compared with a diluted loss of USD 0.16 in the second quarter of 2025, according to btlines.
The 52-week range starts at EUR 74.67
The October 16, 2026 euro quotation stood 17.46 percent above the 52-week low of EUR 74.67 and below the 52-week high of EUR 187.53. The same market view listed a EUR 10.3 billion market capitalization and a 1.12 percent dividend yield. On the NYSE, Albemarle was last at USD 95.48 on October 16, 2026 at 4:00 p.m. ET.
Valuation and the November 4 date
The next scheduled company milestone is the third-quarter 2026 earnings release on November 4, 2026, after the NYSE close. Albemarle announced the date on October 1, 2026, and said its earnings call would follow on November 5, according to Albemarle Corporation. The calendar gives the next results update a defined place in the stock's valuation debate.
November 4 results set the next checkpoint
The price picture combines a target reduction with a still-positive second-quarter comparison. Albemarle's next report will test whether the USD 1.74 billion revenue base and USD 3.52 diluted earnings per share can support the market's current expectations.
Albemarle was last at EUR 87.70 on L&S Exchange on October 16, 2026 at 3:00 p.m. CEST, 17.46 percent above the 52-week low of EUR 74.67.
Albemarle stock facts
- Company: Albemarle Corporation
- ISIN: US0126531013
- Ticker: ALB
- Primary exchange: NYSE
- Price on L&S Exchange as of October 16, 2026, 3:00 p.m. CEST: EUR 87.70
- 52-week range: EUR 74.67-187.53 as of October 16, 2026
- Market capitalization: USD 11.3 billion as of October 16, 2026
- Dividend yield: 1.12 percent as of October 16, 2026
- Sector / Industry: Basic Materials / Specialty Chemicals
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
