Roth Capital Expects Higher Earnings for Piedmont Lithium

Piedmont Lithium Inc. (NASDAQ:PLL) – Roth Capital raised their Q4 2025 earnings per share estimates for Piedmont Lithium in a report released on Tuesday, November 12th. Roth Capital analyst J. Reagor now expects that the mineral exploration company will post earnings of $0.05 per share for the quarter, up from their prior estimate of $0.03. The consensus estimate for Piedmont Lithium’s current full-year earnings is ($2.66) per share.

Piedmont Lithium (NASDAQ:PLL) last posted its quarterly earnings results on Tuesday, November 12th. The mineral exploration company reported ($0.86) EPS for the quarter, missing analysts’ consensus estimates of ($0.46) by ($0.40). The firm had revenue of $27.66 million for the quarter, compared to analysts’ expectations of $32.91 million.

Several other equities research analysts have also recently commented on the company. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $8.00 price objective (down from $9.00) on shares of Piedmont Lithium in a research report on Monday, October 21st. BMO Capital Markets raised their price target on shares of Piedmont Lithium from $8.50 to $9.00 and gave the company a “market perform” rating in a report on Tuesday, October 29th. Macquarie cut shares of Piedmont Lithium from a “neutral” rating to an “underperform” rating and set a $7.80 price objective for the company. in a report on Wednesday, October 16th. B. Riley lowered their price objective on shares of Piedmont Lithium from $26.00 to $20.00 and set a “buy” rating on the stock in a research report on Monday, August 12th. Finally, Roth Mkm restated a “buy” rating and issued a $31.00 target price (down previously from $40.00) on shares of Piedmont Lithium in a report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $22.26.

Piedmont Lithium Stock Performance

Shares of PLL opened at $11.68 on Thursday. The company has a market cap of $227.04 million, a price-to-earnings ratio of -2.86 and a beta of 0.74. The business’s fifty day simple moving average is $10.93 and its two-hundred day simple moving average is $10.96. Piedmont Lithium has a 12 month low of $6.57 and a 12 month high of $31.82. The company has a current ratio of 1.99, a quick ratio of 2.32 and a debt-to-equity ratio of 0.01.

Institutional Investors Weigh In On Piedmont Lithium

Several hedge funds and other institutional investors have recently modified their holdings of PLL. Headlands Technologies LLC purchased a new stake in Piedmont Lithium in the 1st quarter worth approximately $25,000. National Bank of Canada FI boosted its position in shares of Piedmont Lithium by 2,095.4% in the third quarter. National Bank of Canada FI now owns 2,854 shares of the mineral exploration company’s stock worth $25,000 after purchasing an additional 2,724 shares during the period. FMR LLC increased its stake in shares of Piedmont Lithium by 38.7% in the third quarter. FMR LLC now owns 3,353 shares of the mineral exploration company’s stock worth $30,000 after purchasing an additional 936 shares in the last quarter. Point72 DIFC Ltd bought a new stake in shares of Piedmont Lithium during the 2nd quarter valued at $47,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Piedmont Lithium during the 2nd quarter valued at $58,000. 52.23% of the stock is currently owned by hedge funds and other institutional investors.

Piedmont Lithium Company Profile

Piedmont Lithium Inc, a development stage company, engages in the exploration and development of resource projects in the United States. The company primarily holds a 100% interest in the Carolina Lithium Project that include an area of approximately 3,706 acres located within the Carolina Tin-Spodumene Belt situated to the northwest of Charlotte, North Carolina in the United States.