JPMorgan Trims SQM Price Target Amid Lithium Price Decline
SQM stock fell by 5.68 percent to USD 67.72 on the New York Stock Exchange on September 18, 2026, as lithium prices in China declined further.
JPMorgan Chase & Co. trimmed its price target for SQM from USD 94.00 to USD 88.00 while maintaining a neutral rating, signaling a more cautious stance despite strong recent earnings.
The company delivered quarterly earnings of USD 2.31 per share and revenue of USD 2.47 billion, beating analyst estimates by USD 0.28 per share for the quarter ended August 14, 2026.