29Metals Limited (ASX:29M)
0.2700
0.00 (0.00%)
Oct 27, 2026, 4:10 PM AEDT
29Metals Stock Forecast
Stock Price Forecast
According to 7 analysts polled by S&P Global, 29Metals stock has a consensus rating of "Buy" and an average price target of $0.38. The average 1-year stock price forecast is 42.41% higher than the current stock price, while the lowest is $0.35 (+28.56%) and the highest is $0.45 (+66.48%).
Price Target: $0.38 (+42.41%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for 29Metals stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 0 | 0 | 0 | 1 | 1 | 2 |
| Hold | 6 | 6 | 6 | 6 | 6 | 4 |
| 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 |
|---|---|---|---|---|---|---|---|
Unknown Analyst Ord Minnett No rating | Ord Minnett | Buy Maintains $0.45 | Buy | Maintains | $0.45 | +66.67% | Oct 27, 2026 |
| Jarden | Jarden | Buy Maintains $0.45 → $0.40 | Buy | Maintains | $0.45 → $0.40 | +48.15% | Oct 22, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $0.40 → $0.35 | Hold | Maintains | $0.40 → $0.35 | +29.63% | Oct 22, 2026 |
| Morgans | Morgans | Hold Upgrades $0.35 | Hold | Upgrades | $0.35 | +29.63% | Oct 21, 2026 |
| Jefferies | Jefferies | Hold Maintains $0.32 → $0.38 | Hold | Maintains | $0.32 → $0.38 | +40.74% | Oct 12, 2026 |
Financial Forecast
Revenue This Year
536.69M
from 566.62M
Decreased by -5.28%
Revenue Next Year
719.23M
from 536.69M
Increased by 34.01%
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.