ALB
FY2026 Q1 · Calendar Q2 2026
Albemarle Corporation
Albemarle delivered a decisive Q1 2026 beat, with EPS of $2.95 versus a $1.19 estimate (148% surprise) and revenue of $1.43 billion versus $1.34 billion expected (6.6% surprise). Net sales rose 33% year-over-year and adjusted EBITDA more than doubled to $664 million, driven by higher lithium pricing, energy-storage volume growth, and cost-productivity gains. The company repaid $1.3 billion of debt, reducing leverage to approximately 1x EBITDA, and raised its Specialties segment outlook. Management expressed confidence in long-term growth from DLE technology in Chile, brownfield expansions at Greenbushes and Wodgina, and Kings Mountain permitting. The stock initially moved up on the beat (abnormal move of +3.3%) but subsequently drifted 21.6% lower. As of July 31, ALB trades at $117.76, well below the consensus analyst target of $206.75, suggesting the market remains skeptical about…
EPS surprise+147.9%
Market move+3.0%
