Alkane Resources Ltd (ASX:ALK)
Australia flag Australia · Delayed Price · Currency is AUD
1.842
+0.007 (0.38%)
Oct 7, 2026, 11:49 AM 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 $2.26. The average 1-year stock price forecast is 22.69% higher than the current stock price, while the lowest is $1.80 (-2.28%) and the highest is $3.00 (+62.87%).

Price Target: $2.26 (+22.69%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$1.80$2.26$2.15$3.00
Change-2.28%+22.69%+16.72%+62.87%

Analyst 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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy666455
Buy000000
Hold000211
Sell000000
Strong Sell000000
Total666666

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BMO Capital
BMO Capital
Buy
Maintains
$2.29
BuyMaintains$2.29+24.05%Sep 14, 2026
MA Financial Group
MA Financial Group
Buy
Upgrades
$1.80 → $1.70
BuyUpgrades$1.80 → $1.70-7.71%Sep 11, 2026
UBS
UBS
Buy
Upgrades
$2.00 → $2.35
BuyUpgrades$2.00 → $2.35+27.58%Sep 7, 2026
Bell Potter
Bell Potter
Buy
Maintains
$2.15
BuyMaintains$2.15+16.72%Aug 26, 2026
Ord Minnett
Ord Minnett
Buy
Maintains
$1.85 → $2.00
BuyMaintains$1.85 → $2.00+8.58%Aug 24, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.00B
from 935.82M
Increased by 7.00%
Revenue Next Year
1.06B
from 1.00B
Increased by 5.91%
EPS This Year
0.21
from 0.18
Increased by 22.67%
EPS Next Year
0.28
from 0.21
Increased by 30.44%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
165.01M190.53M172.99M262.36M935.82M1.00B
Revenue Growth
29.08%15.46%-9.20%51.66%256.69%7.00%
Operating Income
52.39M58.82M23.64M41.30M315.94M407.49M
Net Income
70.25M42.45M17.68M33.04M228.72M292.75M
EPS
----0.180.21
EPS Growth
----282.93%22.67%
Forward PE
12.6010.407.605.546.058.58
Dividend / Share
----0.020.03
Free Cash Flow
----446.85M262.85M
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202720282029
High1.0B
Avg1.0B
Low947.3M

Revenue Growth

Revenue Growth202720282029
High
9.9%
Avg
7.0%
Low
1.2%

EPS Forecast

EPS202720282029
High0.25
Avg0.21
Low0.17

EPS Growth

EPS Growth202720282029
High
40.0%
Avg
22.7%
Low
-2.9%