29Metals Limited (ASX:29M)
Australia flag Australia · Delayed Price · Currency is AUD
0.3400
-0.0200 (-5.56%)
Aug 27, 2026, 4:10 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 $0.28. The average 1-year stock price forecast is 17.65% lower than the current stock price, while the lowest is $0.24 (-29.41%) and the highest is $0.44 (+29.41%).

Price Target: $0.28 (-17.65%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$0.24$0.28$0.25$0.44
Change-29.41%-17.65%-26.47%+29.41%
* Price targets were last updated on Jul 17, 2026.

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy200000
Buy000000
Hold356666
Sell111111
Strong Sell110000
Total777777

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jarden
Jarden
Sell
Maintains
$0.30
SellMaintains$0.30-11.76%Jul 17, 2026
Canaccord Genuity
Canaccord Genuity
Hold
Maintains
$0.30$0.25
HoldMaintains$0.30$0.25-26.47%Jul 16, 2026
Macquarie
Macquarie
Hold
Maintains
$0.26
HoldMaintains$0.26-23.53%Jul 16, 2026
Morgans
Morgans
Hold
Maintains
$0.27$0.26
HoldMaintains$0.27$0.26-23.53%Jul 15, 2026
Jefferies
Jefferies
Hold
Maintains
$0.29$0.26
HoldMaintains$0.29$0.26-23.53%Jul 15, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
564.39M
from 566.62M
Decreased by -0.39%
Revenue Next Year
718.62M
from 564.39M
Increased by 27.33%
EPS This Year
-0.05
from 0.02
EPS Next Year
0.03
from -0.05
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
600.76M720.69M449.75M551.06M566.62M564.39M
Revenue Growth
38.28%19.96%-37.60%22.53%2.82%-0.39%
Operating Income
103.65M-39.16M-243.56M-63.41M37.03M-69.08M
Net Income
121.01M-47.22M-440.46M-177.61M24.17M-99.90M
EPS
----0.02-0.05
Dividend / Share
-0.02----
Free Cash Flow
80.45M40.49M-127.35M2.18M-63.38M-112.59M
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202620272028
High604.5M
Avg564.4M
Low526.4M

Revenue Growth

Revenue Growth202620272028
High
6.7%
Avg
-0.4%
Low
-7.1%

EPS Forecast

EPS202620272028
High-0.01
Avg-0.05
Low-0.06

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-