Sigma Lithium Corporation (NASDAQ:SGML) is one of the Best Small-cap EV Stocks to Buy According to Analysts. Sigma Lithium Corporation (NASDAQ:SGML) is expected to release its fiscal third-quarter results for 2025 on November 14. Wall Street is bullish on the stock despite the company missing estimates during the second quarter of 2025.
The company posted a revenue of $16.88 million, down 63.26% and below expectations by $19.74 million. The EPS of negative $0.17 also fell short of the consensus by $0.09. Although these results were below Wall Street estimates. However, the stock has gained more than 24% since the earnings release on August 14. This is because Sigma Lithium Corporation (NASDAQ:SGML) exceeded its lithium oxide concentrate target during Q2 2025. It achieved 68,368t of lithium oxide concentrate, representing a 38% year-over-year increase and ahead of the target of 67,500t.
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Management noted that the revenue fell despite an increased lithium oxide concentration because of a deliberate strategy to withhold products during volatile periods. Analysts have a bullish sentiment on Sigma Lithium Corporation (NASDAQ:SGML).
On September 26, Rock Hoffman from Bank of America Securities reiterated a Buy rating on the stock with a $12 price target. Earlier on August 15, Joel Jackson from BMO Capital Markets also reiterated a Buy rating on the stock with a price target of $12.
Sigma Lithium Corporation (NASDAQ:SGML) is an international producer of carbon-neutral lithium concentrate, which is used for electric vehicle batteries.
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Disclosure: None. This article is originally published at Insider Monkey.