Albemarle Surges as Earnings Beat, Cost Cuts and Price Targets Lift Stock

Albemarle Corporation (NYSE:ALB) is one of the 10 Best EV Stocks to Buy According to Hedge Funds.

Analysts are raising the price target on the stock following a strong positive second quarter.

On July 30, 2025, Albemarle Corporation (NYSE:ALB) reported its second-quarter earnings results. Though the company’s revenue of $1.33 billion is down 7% compared to the same quarter the previous year, its EPS has surpassed the analyst estimates by 8.4%. Additionally, the company’s net income of $22.9 million is up from the previous year’s second quarter of $229.9 million loss. The company also announced achieving a 100% run rate of its $400 million cost and productivity improvement target.

Following the results, the stock’s monthly performance as of September 5, 2025, saw an uptick of 19.47%. Relatively, various analysts have raised their price target on the stock as well. Baird, for instance, raised the stock’s price target from $58 to $68 while J.P. Morgan raised it from $60 to $80.

With 41 hedge funds invested in the stock, Albemarle Corporation (NYSE:ALB) benefits from strong institutional interest.

Albemarle Corporation (NYSE:ALB) is a specialty chemicals company founded in 1994. Headquartered in North Carolina, the company is a global leader in providing essential materials for modern technology, particularly lithium and bromine.

While we acknowledge the potential of ALB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 13 Best Freight Stocks to Invest in Now and 11 Best Annual Dividend Stocks to Buy According to Hedge Funds

Disclosure. None.