10 Best Electric Vehicle Supply Chain Stocks to Invest In

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6. Albemarle Corporation (NYSE:ALB)

On May 12, 2026, Deutsche Bank analyst David Begleiter raised the firm’s price target on Albemarle Corporation (NYSE:ALB) to $250 from $210 while maintaining a Buy rating on the shares. The firm said stronger lithium prices suggest Albemarle could reach the upper end of its outlook range.

On May 11, 2026, RBC Capital also raised the firm’s price target on Albemarle Corporation (NYSE:ALB) to $253 from $245 and maintained an Outperform rating. The firm said the company delivered a strong Q1 earnings beat and raised its FY26 Specialties guidance. RBC added that while management did not revise its lithium price assumptions, lithium prices in the low-to-mid $20s per kilogram range could push EBITDA toward the upper end of guidance.

Similarly, Truist raised the firm’s price target on Albemarle Corporation (NYSE:ALB) to $260 from $245 while maintaining a Buy rating following the company’s Q1 results. The firm said Energy Storage earnings are inflecting significantly, supported by stronger lithium pricing that could continue driving earnings growth in the near term.

Albemarle Corporation (NYSE:ALB) provides energy storage solutions globally through its Energy Storage, Specialties, and Ketjen segments.

While we acknowledge the potential of ALB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ALB and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best Electric Vehicle Supply Chain Stocks to Invest In.

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