Sociedad Quimica y Minera de Chile SA ADR B (SQM)

Scotiabank has significantly increased its FY2027 EPS forecast for Sociedad Quimica y Minera (SQM) to $9.42, maintaining a "Sector Outperform" rating and a $104 price target. This upward revision follows SQM's strong quarterly results, which surpassed analyst expectations in both EPS and revenue, with revenue soaring by 136.7% year-over-year. Despite Scotiabank's bullish stance, overall analyst sentiment for SQM remains mixed, with an average "Hold" rating and a lower average price target of $76.27.

Scotiabank has increased its FY2026 EPS forecast for Sociedad Quimica y Minera (SQM) to $8.58 from $8.21, maintaining a "Sector Outperform" rating with a $104 price target. This projection is significantly higher than the consensus estimate of $7.33 per share. Despite mixed analyst sentiment with an average "Hold" rating, SQM recently reported strong quarterly earnings of $2.31 per share, surpassing estimates, and a 136.7% year-over-year revenue surge.

Sociedad Química y Minera de Chile (SQM) reported a significant increase in first-half 2026 revenues to US$4.23 billion and net income of US$1.02 billion, primarily driven by record lithium sales volumes. The company is reinforcing its role in the energy transition with substantial capital expenditure commitments for 2026–2028 and an expansion of Australia's Mt. Holland mine. Despite strong growth and positive momentum, an AI analyst from TipRanks rates SQM as Neutral due to cyclicality, leverage, and uneven cash-flow quality.

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) recently reported strong Q2 results, with revenue of US$2.5b and EPS of US$2.31, both exceeding analyst estimates by over 10%. Following these results, analysts have updated their forecasts for 2026, slightly reducing revenue expectations but increasing their earnings per share predictions, suggesting a clear increase in optimism for the company's profitability. Despite these adjustments, the average price target remains stable at US$84.95, indicating that the long-term valuation is not expected to be significantly impacted.

Sociedad Quimica y Minera S.A. (NYSE:SQM) has received an average "Hold" recommendation from fifteen brokerage firms, with an average 12-month price target of $75.27. The company recently reported better-than-expected quarterly results, with EPS of $2.31 and revenue of $2.47 billion, exceeding analyst expectations. Institutional investors hold 12.41% of the company's shares, and the stock traded up 4.7% at $82.12.