Alkane Resources Ltd (ASX:ALK)
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
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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 4 | 5 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $2.29 | Buy | Maintains | $2.29 | +24.05% | Sep 14, 2026 |
| MA Financial Group | MA Financial Group | Buy Upgrades $1.80 → $1.70 | Buy | Upgrades | $1.80 → $1.70 | -7.71% | Sep 11, 2026 |
| UBS | UBS | Buy Upgrades $2.00 → $2.35 | Buy | Upgrades | $2.00 → $2.35 | +27.58% | Sep 7, 2026 |
| Bell Potter | Bell Potter | Buy Maintains $2.15 | Buy | Maintains | $2.15 | +16.72% | Aug 26, 2026 |
| Ord Minnett | Ord Minnett | Buy Maintains $1.85 → $2.00 | Buy | Maintains | $1.85 → $2.00 | +8.58% | Aug 24, 2026 |
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%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.