29Metals Limited (ASX:29M)
Australia · Delayed Price · Currency is AUD 0.3400
-0.0050 (-1.45%)
Oct 7, 2026, 4:20 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 $0.38. The average 1-year stock price forecast is 11.76% higher than the current stock price, while the lowest is $0.32 (-5.88%) and the highest is $0.46 (+35.29%).
Price Target: $0.38 (+11.76%)
Analyst Consensus: Hold
Price Target
ChartAnalyst 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
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 6 | 6 | 6 | 6 | 6 | 6 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Hold Maintains $0.37 | Hold | Maintains | $0.37 | +8.82% | Oct 2, 2026 |
Unknown Analyst Ord Minnett No rating | Ord Minnett | Buy Maintains $0.45 | Buy | Maintains | $0.45 | +32.35% | Sep 29, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $0.40 | Hold | Maintains | $0.40 | +17.65% | Sep 22, 2026 |
| Jarden | Jarden | Buy Upgrades $0.30 → $0.45 | Buy | Upgrades | $0.30 → $0.45 | +32.35% | Aug 31, 2026 |
| Jefferies | Jefferies | Hold Maintains $0.26 → $0.32 | Hold | Maintains | $0.26 → $0.32 | -5.88% | Aug 31, 2026 |
Financial Forecast
Revenue This Year
571.77M
from 566.62M
Increased by 0.91%
Revenue Next Year
711.03M
from 571.77M
Increased by 24.36%
EPS This Year
-0.04
from 0.02
EPS Next Year
0.04
from -0.04
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.