United Homes Group stock plunges after Nikki Haley, directors resign
Investing.com - H.C. Wainwright raised its price target on 5E Advanced Materials (NASDAQ:FEAM) to $9.50 from $7.50 on Thursday, while maintaining a Buy rating on the stock. The company’s shares, currently trading at $6.34, have shown remarkable momentum with a 27% gain over the past week.
The price target increase follows 5E Advanced Materials’ announcement on October 14, 2025, that it had shipped 20 tons of boric acid produced from its Fort Cady project. The company, with a market capitalization of $142.3 million, also stated it expects to ship an additional 1,000 pounds of boric acid for domestic boron carbide production later this week.
H.C. Wainwright described this development as a "significant milestone" for the company as it advances toward commercial production in a market currently dominated by China’s boron carbide supply chain.
The firm expects 5E Advanced Materials’ boric acid to undergo assessment by potential customers for qualification, with applications spanning energy, specialty glass, and defense sectors.
The price target increase was driven by a reduction in H.C. Wainwright’s discount rate to 11.0% from 12.0%, citing the company’s continued progress in reaching "several critical milestones."
In other recent news, 5E Advanced Materials Inc held its Q4 2025 earnings call, where the company discussed its financial performance and strategic plans. Although specific earnings per share (EPS) and revenue forecasts were not disclosed, the company provided updates on its operational progress and future outlook. Additionally, 5E Advanced Materials announced that its 2025 Annual Meeting of Stockholders will be held virtually on December 8, 2025. The meeting will be conducted via remote communication, as stated in a recent Securities and Exchange Commission filing. Further details on accessing the virtual meeting and participation will be available in the company’s definitive proxy statement to be filed with the SEC. These developments reflect the company’s ongoing efforts to engage with its shareholders and outline its future strategies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.