Scotiabank Has Strong Forecast for SQM FY2026 Earnings

Posted by on Jul 30th, 2026

Sociedad Quimica y Minera S.A. (NYSE:SQM – Free Report) – Research analysts at Scotiabank upped their FY2026 earnings estimates for shares of Sociedad Quimica y Minera in a report issued on Monday, July 27th. Scotiabank analyst B. Isaacson now anticipates that the basic materials company will post earnings per share of $8.21 for the year, up from their prior forecast of $7.64. Scotiabank currently has a “Sector Outperform” rating and a $93.00 target price on the stock. The consensus estimate for Sociedad Quimica y Minera’s current full-year earnings is $7.34 per share.

Sociedad Quimica y Minera (NYSE:SQM – Get Free Report) last posted its earnings results on Saturday, May 16th. The basic materials company reported $1.28 EPS for the quarter. The company had revenue of $1.76 billion for the quarter. Sociedad Quimica y Minera had a return on equity of 11.99% and a net margin of 15.38%.

Several other research firms have also commented on SQM. The Goldman Sachs Group raised their price target on Sociedad Quimica y Minera from $64.00 to $82.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Sociedad Quimica y Minera from $105.00 to $98.00 and set a “buy” rating for the company in a research note on Tuesday, July 14th. Wall Street Zen upgraded Sociedad Quimica y Minera from a “buy” rating to a “strong-buy” rating in a research note on Sunday, July 12th. CLSA upgraded shares of Sociedad Quimica y Minera to an “outperform” rating in a research report on Tuesday, June 2nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sociedad Quimica y Minera in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $73.58.

Get Our Latest Analysis on SQM

Sociedad Quimica y Minera Trading Up 1.0%

Shares of SQM stock opened at $67.57 on Thursday. The company has a 50-day moving average of $75.45 and a two-hundred day moving average of $78.65. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.76 and a quick ratio of 2.01. Sociedad Quimica y Minera has a 1-year low of $35.67 and a 1-year high of $98.00. The firm has a market cap of $19.30 billion, a PE ratio of 23.71, a price-to-earnings-growth ratio of 0.18 and a beta of 0.97.

Institutional Trading of Sociedad Quimica y Minera

A number of institutional investors have recently modified their holdings of the company. PensionDanmark Pensionsforsikringsaktieselskab increased its holdings in Sociedad Quimica y Minera by 11.6% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 55,000 shares of the basic materials company’s stock worth $4,072,000 after purchasing an additional 5,700 shares during the last quarter. Rathbones Group PLC bought a new position in Sociedad Quimica y Minera in the 1st quarter valued at about $407,000. Parallel Advisors LLC boosted its holdings in shares of Sociedad Quimica y Minera by 43.2% in the first quarter. Parallel Advisors LLC now owns 822 shares of the basic materials company’s stock valued at $67,000 after acquiring an additional 248 shares in the last quarter. Liontrust Investment Partners LLP raised its holdings in Sociedad Quimica y Minera by 5.3% during the first quarter. Liontrust Investment Partners LLP now owns 14,747 shares of the basic materials company’s stock worth $1,194,000 after purchasing an additional 747 shares in the last quarter. Finally, Altshuler Shaham Ltd acquired a new position in shares of Sociedad Quimica y Minera during the 1st quarter valued at $50,183,000. Hedge funds and other institutional investors own 12.41% of the company’s stock.

About Sociedad Quimica y Minera

(Get Free Report)

Sociedad Química y Minera de Chile SA (NYSE: SQM) is a leading global producer of specialty chemicals and minerals headquartered in Santiago, Chile. The company focuses on the extraction and processing of key inputs for the agricultural, industrial and high‐tech sectors. Its core business activities include the mining of lithium, potassium and iodine, as well as the manufacture of value‐added products derived from these raw materials.

SQM’s product portfolio spans lithium carbonate and lithium hydroxide used in electric vehicle batteries and energy storage systems; potassium chloride and potassium nitrate fertilizers designed for precision agriculture; and iodine and its derivatives for pharmaceutical, food and electronics applications.

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