Wall Street Zen upgrades Sociedad Química y Minera stock to Strong Buy

Published on 10/05/2026 at 20:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 136.70 percent to USD 2.47 billion. Sociedad Química y Minera stock costs EUR 58.80 on October 5, 2026, versus EUR 57.30.

SQM, US8336351056, Illustration mit AI erstellt.

Wall Street Zen upgraded Sociedad Química y Minera from Buy to Strong Buy in a research note issued on October 4, 2026, as MarketBeat reports. Sociedad Química y Minera stock was trading at EUR 58.80 at Lang & Schwarz on October 5, 2026 at 8:34 p.m. CEST, plus 2.62 percent versus the prior close of EUR 57.30.

Strong Buy follows powerful results

The upgrade follows Sociedad Química y Minera's second-quarter performance. According to MarketBeat, revenue reached USD 2.47 billion in the second quarter of 2026, up 136.70 percent from the same quarter a year earlier, while earnings per share reached USD 2.31 versus USD 0.79.

The company reported net income of USD 660.0 million for the second quarter of 2026, compared with USD 88.4 million in the second quarter of 2025. The result exceeded the USD 2.03 consensus earnings-per-share estimate by USD 0.28, according to MarketBeat.

Lithium remains the earnings engine

SQM reported USD 4.2285 billion of revenue for the six months ended June 30, 2026, up 103.40 percent from USD 2.0793 billion in the comparable period. Lithium and derivatives generated USD 2.9648 billion, an increase of 212.70 percent.

Lithium sales volumes reached 84.1 thousand metric tons of lithium carbonate equivalent in the second quarter of 2026. The lithium segment's second-quarter revenue rose 299.70 percent to USD 1.7792 billion, making it the central driver of the earnings rebound.

Next results date is November 17

The next scheduled milestone is the publication of third-quarter 2026 financial results on November 17, 2026, followed by the conference call on November 18, 2026, according to SQM. The dates give investors a defined checkpoint for lithium pricing, sales volumes and the outlook for production growth.

At the NYSE, the stock's 52-week range was USD 40.58 to USD 98.00 as of October 5, 2026. The average analyst price target cited by MarketBeat was USD 79.30, while six analysts held Buy ratings, six held Hold ratings and one held a Sell rating.

SQM stock trades after hours

Sociedad Química y Minera stock was trading at EUR 58.80 at Lang & Schwarz on October 5, 2026 at 8:34 p.m. CEST, up 2.62 percent versus the Lang & Schwarz prior close of EUR 57.30. The company's market capitalization was USD 18.9 billion as of October 5, 2026.