Albemarle Corporation (NYSE: ALB ) is in the middle 12 Most Promising EV Battery Stocks to Buy Now.
Albemarle Corporation (NYSE:ALB) is one of them The most promising deposits.
TheFly reported on February 23 that Berenberg Bank raised its price target for ALB from $135 to $153 and maintained a hold rating. The company noted that the recent rise in lithium prices has doubled the stock prices of major lithium producers by mid-2025, although it believes both ALB and SQM are currently trading above their intrinsic value levels.
On February 11, 2026, Albemarle Corporation (NYSE:ALB) said it would place Train 1 at its Camerton lithium hydroxide plant in Western Australia for care and maintenance, after 2024 idling Train 2 and halting the extension of Trains 3 and 4.
The corporation noted that the move, prompted by market volatility and cost pressures, improves financial flexibility and is expected to improve adjusted EBITDA in Q2 2026 without impacting 2026 volume guidance. Demand for lithium hydroxide will be met through other production, while Australian mining and exploration assets remain core to the strategy.
In addition, on February 26, ALB’s board of directors declared a quarterly dividend of $0.405 per share, payable on April 1, 2026, to shareholders of record as of March 13, 2026, reflecting an annualized rate of $1.62.
Albemarle Corporation (NYSE: ALB ) is a leading producer of lithium and other critical materials for EV batteries. The company provides high-quality lithium compounds to support the growing global demand for electric vehicle manufacturing and sustainable energy storage solutions.
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Read more: 14 Best GARP Stocks to Buy According to Analysts And the 14 best cheap dividend stocks to buy, according to analysts.
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