Albemarle is a leading producer of lithium, a critical component in electric vehicle (EV) batteries. The company's lithium segment accounts for over 50% of its total revenue. In the last 4 quarters, Albemarle has reported strong lithium revenue growth, with figures of $701.6M, $620.5M, $606.1M, and $588.8M. This represents a 19.2% year-over-year increase in the most recent quarter. The surge in EV sales globally is driving robust demand for lithium. Global EV sales grew by over 60% in 2025, and industry analysts forecast continued strong growth in the coming years. Albemarle is well-positioned to capitalize on this trend given its leading market share in lithium production. Albemarle is investing heavily to expand its lithium production capacity. The company plans to increase its lithium hydroxide production by 50% by the end of 2026, which should help meet the rising EV battery demand. Albemarle's strategic investments, strong industry positioning, and favorable market dynamics suggest the company is poised for significant growth in the coming years. I believe the stock has the potential to outperform the broader market as the EV revolution continues to unfold. Given Albemarle's lithium growth outlook, I expect the stock price to rise 20-25% over the next 12 months, from the current level of $315.72 to a target of $390-$400 per share. This target is supported by the company's projected revenue and earnings growth, as well as the continued strong demand for lithium in the EV market.