Wall Street Bullish on Sigma Lithium Corporation (SGML), Ahead of its FQ3 2025 Results

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.

SGML-insidermonkey-1698580537557

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.

While we acknowledge the potential of SGML 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 SGML and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.