Alkane Resources Ltd (ASX:ALK)
Australia flag Australia · Delayed Price · Currency is AUD
1.535
+0.070 (4.78%)
Aug 7, 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 $1.85. The average 1-year stock price forecast is 20.52% higher than the current stock price, while the lowest is $1.50 (-2.28%) and the highest is $2.20 (+43.32%).

Price Target: $1.85 (+20.52%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$1.50$1.85$1.80$2.20
Change-2.28%+20.52%+17.26%+43.32%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy555666
Buy000000
Hold000000
Sell000000
Strong Sell000000
Total555666

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
MA Financial Group
MA Financial Group
Buy
Maintains
$2.30$1.70
BuyMaintains$2.30$1.70+10.75%Jul 28, 2026
Ord Minnett
Ord Minnett
Buy
Maintains
$2.10$1.85
BuyMaintains$2.10$1.85+20.52%Jul 22, 2026
UBS
UBS
Buy
Maintains
$2.15$1.75
BuyMaintains$2.15$1.75+14.01%Jul 22, 2026
BMO Capital
BMO Capital
Buy
Maintains
$2.03$2.28
BuyMaintains$2.03$2.28+48.84%Jul 8, 2026
Bell Potter
Bell Potter
Buy
Maintains
$1.95$2.10
BuyMaintains$1.95$2.10+36.81%Apr 27, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
946.68M
from 262.36M
Increased by 260.83%
Revenue Next Year
1.01B
from 946.68M
Increased by 6.46%
EPS This Year
0.18
from 0.05
Increased by 294.31%
EPS Next Year
0.23
from 0.18
Increased by 24.93%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
127.83M165.01M190.53M172.99M262.36M946.68M
Revenue Growth
76.20%29.08%15.46%-9.20%51.66%260.83%
Operating Income
49.27M52.39M58.82M23.64M41.30M347.68M
Net Income
55.70M70.25M42.45M17.68M33.04M238.42M
EPS
----0.050.18
EPS Growth
----58.13%294.31%
Forward PE
26.0812.6010.407.605.548.52
Free Cash Flow
81.76M-15.80M-5.86M-84.72M-1.00M407.00M
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202620272028
High962.6M
Avg946.7M
Low935.8M

Revenue Growth

Revenue Growth202620272028
High
266.9%
Avg
260.8%
Low
256.7%

EPS Forecast

EPS202620272028
High0.20
Avg0.18
Low0.17

EPS Growth

EPS Growth202620272028
High
331.1%
Avg
294.3%
Low
275.5%