CHEMICAL & MINING CO OF CHILE INC
In the published model solve dated 2026-Q2, anchored at $70.05, CHEMICAL & MINING CO OF CHILE INC (SQM) is priced for +24.2% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 24, 2026 from SEC EDGAR filings.
• The Salar de Atacama operation behind most of the company's lithium now sits inside Nova Andino Litio, a venture in which Codelco holds 50% plus one share and takes over management in 2031 [Source: Codelco-SQM joint venture completion, December 27, 2025]. • Realized lithium prices averaged roughly US$18 per kilogram in the first quarter of 2026 against about US$10 in the fourth quarter of 2025, so most of the earnings recovery rests on a line that rose by about 80% in a single quarter [Source
Is SQM overvalued? See what's priced in →
290 institutional managers reported holding SQM in 13F filings for the quarter ended 2026-03-31. Together they hold about 14% of the company; the top 10 hold 7%. 56 opened new positions that quarter. Held by Baillie Gifford, BlackRock, D. E. Shaw, among others. On the short side, 1.9M shares were sold short as of the 2026-06-15 count, about 0.7% of shares outstanding (1.4 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
SQM's share count grew 2.7% over the past five years. It pays a dividend. Cash returned over the past three years: $1.60B in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 24, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.