5 Most Promising EV Battery Stocks According to Analysts

2. American Lithium Corp. (NASDAQ:AMLI)

Stock Price: $1.24

Average Analyst Price Target: $4.16

Average Analyst Price Target Upside: 235.48%

American Lithium Corp. (NASDAQ:AMLI) is a Canadian company that is focused on developing large-scale lithium projects.

On November 16, National Bank analyst Lola Aganga raised the price target on American Lithium Corp. (NASDAQ:AMLI)’s stock to C$5 from C$4.60 and maintained an Outperform rating on the shares.

4 Wall Street analysts covered American Lithium Corp. (NASDAQ:AMLI) over the last three months, and all kept a Buy rating on the stock. The average price target of $4.16 had an upside of 235.48% as of the December 21 market close.