29Metals Limited (ASX:29M)
Australia flag Australia · Delayed Price · Currency is AUD
0.3400
-0.0050 (-1.45%)
Sep 17, 2026, 2:19 PM AEST

29Metals Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, 29Metals stock has a consensus rating of "Hold" and an average price target of $0.37. The average 1-year stock price forecast is 8.82% higher than the current stock price, while the lowest is $0.31 (-8.82%) and the highest is $0.45 (+32.35%).

Price Target: $0.37 (+8.82%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$0.31$0.37$0.35$0.45
Change-8.82%+8.82%+2.94%+32.35%

Analyst Ratings

The average analyst rating for 29Metals stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy000000
Buy000011
Hold566666
Sell111100
Strong Sell100000
Total777777

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
RBC Capital
RBC Capital
Hold
Maintains
$0.40
HoldMaintains$0.40+17.65%Sep 2, 2026
Jarden
Jarden
Buy
Upgrades
$0.30$0.45
BuyUpgrades$0.30$0.45+32.35%Aug 31, 2026
Jefferies
Jefferies
Hold
Maintains
$0.26$0.32
HoldMaintains$0.26$0.32-5.88%Aug 31, 2026
Morgans
Morgans
Hold
Maintains
$0.26$0.35
HoldMaintains$0.26$0.35+2.94%Aug 31, 2026
Macquarie
Macquarie
Hold
Maintains
$0.35
HoldMaintains$0.35+2.94%Aug 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
574.31M
from 566.62M
Increased by 1.36%
Revenue Next Year
724.30M
from 574.31M
Increased by 26.12%
EPS This Year
-0.04
from 0.02
EPS Next Year
0.04
from -0.04
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
600.76M720.69M449.75M551.06M566.62M574.31M
Revenue Growth
38.28%19.96%-37.60%22.53%2.82%1.36%
Operating Income
103.65M-39.16M-243.56M-63.41M37.03M-58.38M
Net Income
121.01M-47.22M-440.46M-177.61M24.17M-92.48M
EPS
----0.02-0.04
Dividend / Share
-0.02----
Free Cash Flow
80.45M40.49M-127.35M2.18M-63.38M-98.84M
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202620272028
High607.0M
Avg574.3M
Low551.7M

Revenue Growth

Revenue Growth202620272028
High
7.1%
Avg
1.4%
Low
-2.6%

EPS Forecast

EPS202620272028
High-0.03
Avg-0.04
Low-0.05

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-