Brokers Set Expectations for Atlas Lithium FY2026 Earnings

Atlas Lithium Corporation (NASDAQ:ATLX) – Research analysts at HC Wainwright issued their FY2026 EPS estimates for Atlas Lithium in a note issued to investors on Thursday, February 5th. HC Wainwright analyst H. Ihle forecasts that the company will post earnings of ($0.20) per share for the year. HC Wainwright currently has a “Buy” rating and a $12.00 target price on the stock. The consensus estimate for Atlas Lithium’s current full-year earnings is ($2.79) per share.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Atlas Lithium in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Atlas Lithium presently has an average rating of “Hold” and a consensus price target of $12.00.

Atlas Lithium Price Performance

ATLX stock opened at $4.37 on Friday. The stock has a market capitalization of $105.10 million, a price-to-earnings ratio of -2.26 and a beta of -0.76. The company has a quick ratio of 3.61, a current ratio of 3.69 and a debt-to-equity ratio of 0.28. Atlas Lithium has a 52-week low of $3.54 and a 52-week high of $8.25. The stock’s fifty day simple moving average is $4.96 and its 200-day simple moving average is $5.14.

Atlas Lithium (NASDAQ:ATLX) last announced its earnings results on Thursday, November 13th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.64) by $0.29. Atlas Lithium had a negative net margin of 9,881.20% and a negative return on equity of 120.64%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. First Wilshire Securities Management Inc. boosted its holdings in Atlas Lithium by 210.3% in the second quarter. First Wilshire Securities Management Inc. now owns 187,378 shares of the company’s stock valued at $708,000 after acquiring an additional 126,994 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Atlas Lithium by 63.0% in the 2nd quarter. Invesco Ltd. now owns 330,005 shares of the company’s stock worth $1,247,000 after purchasing an additional 127,531 shares during the period. Connective Capital Management LLC acquired a new position in shares of Atlas Lithium in the 3rd quarter valued at about $405,000. Virtu Financial LLC acquired a new position in shares of Atlas Lithium in the 3rd quarter valued at about $153,000. Finally, Alps Advisors Inc. purchased a new stake in shares of Atlas Lithium during the 3rd quarter worth about $57,000. 18.35% of the stock is owned by hedge funds and other institutional investors.

Atlas Lithium Company Profile

Atlas Lithium Corporation operates as a mineral exploration and development company in Brazil. It operates the Minas Gerais lithium project that consists of 54 mineral rights covering an area of 59,275 acres located within the Brazilian Eastern Pegmatitic Province; and Northeastern Brazil lithium project, which consists of 7 mineral rights covering an area of 16,266 acres in the States of Paraíba and Rio Grande do Norte in northeastern Brazil. The company also owns 100% interests in various mining concessions for gold, diamond, and industrial sand; and early-stage projects and properties in other minerals, such as nickel, copper, rare earths, graphite, and titanium; as well as participates in iron and quartzite projects.