29Metals Limited (ASX:29M)
Australia · Delayed Price · Currency is AUD 0.3150
+0.0200 (6.78%)
Aug 7, 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 $0.29. The average 1-year stock price forecast is 7.94% lower than the current stock price, while the lowest is $0.25 (-20.63%) and the highest is $0.45 (+42.86%).
Price Target: $0.29 (-7.94%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 5 | 6 | 6 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 6 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jarden | Jarden | Sell Maintains $0.30 | Sell | Maintains | $0.30 | -4.76% | Jul 17, 2026 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $0.30 → $0.25 | Hold | Maintains | $0.30 → $0.25 | -20.63% | Jul 16, 2026 |
| Macquarie | Macquarie | Hold Maintains $0.26 | Hold | Maintains | $0.26 | -17.46% | Jul 16, 2026 |
| Morgans | Morgans | Hold Maintains $0.27 → $0.26 | Hold | Maintains | $0.27 → $0.26 | -17.46% | Jul 15, 2026 |
| Jefferies | Jefferies | Hold Maintains $0.29 → $0.26 | Hold | Maintains | $0.29 → $0.26 | -17.46% | Jul 15, 2026 |
Financial Forecast
Revenue This Year
563.22M
from 566.62M
Decreased by -0.60%
Revenue Next Year
715.08M
from 563.22M
Increased by 26.96%
EPS This Year
-0.04
from 0.02
EPS Next Year
0.03
from -0.04
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.