Alkane Resources Ltd (ASX:ALK)
1.920
+0.090 (4.92%)
Sep 16, 2026, 4:10 PM AEST
Alkane Resources Stock Forecast
Stock Price Forecast
According to 6 analysts polled by S&P Global, Alkane Resources stock has a consensus rating of "Strong Buy" and an average price target of $2.00. The average 1-year stock price forecast is 4.17% higher than the current stock price, while the lowest is $1.50 (-21.87%) and the highest is $2.35 (+22.40%).
Price Target: $2.00 (+4.17%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Alkane Resources stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 4 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Buy Upgrades $2.00 → $2.35 | Buy | Upgrades | $2.00 → $2.35 | +22.40% | Sep 7, 2026 |
| Bell Potter | Bell Potter | Buy Maintains $2.15 | Buy | Maintains | $2.15 | +11.98% | Aug 26, 2026 |
| Ord Minnett | Ord Minnett | Buy Maintains $1.85 → $2.00 | Buy | Maintains | $1.85 → $2.00 | +4.17% | Aug 24, 2026 |
| MA Financial Group | MA Financial Group | Hold Downgrades $1.70 → $1.80 | Hold | Downgrades | $1.70 → $1.80 | -6.25% | Aug 22, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $2.02 → $2.27 | Buy | Maintains | $2.02 → $2.27 | +18.28% | Jul 8, 2026 |
Financial Forecast
Revenue This Year
1.03B
from 935.82M
Increased by 10.40%
Revenue Next Year
1.08B
from 1.03B
Increased by 4.94%
EPS This Year
0.22
from 0.18
Increased by 24.96%
EPS Next Year
0.28
from 0.22
Increased by 28.05%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.