Alkane Resources Ltd (ASX:ALK)
1.540
-0.005 (-0.32%)
Jun 3, 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 $2.18. The average 1-year stock price forecast is 41.56% higher than the current stock price, while the lowest is $2.00 (+29.87%) and the highest is $2.30 (+49.35%).
Price Target: $2.18 (+41.56%)
Analyst Consensus: Strong Buy
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
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 6 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| MA Financial Group | MA Financial Group | Buy Maintains $2.25 → $2.30 | Buy | Maintains | $2.25 → $2.30 | +49.35% | May 19, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $2.02 | Buy | Maintains | $2.02 | +31.26% | May 15, 2026 |
| Bell Potter | Bell Potter | Buy Maintains $1.95 → $2.10 | Buy | Maintains | $1.95 → $2.10 | +36.36% | Apr 27, 2026 |
| Ord Minnett | Ord Minnett | Buy Maintains $2.10 | Buy | Maintains | $2.10 | +36.36% | Apr 24, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.