Alkane Resources Ltd (ASX:ALK)
Australia flag Australia · Delayed Price · Currency is AUD
1.305
-0.085 (-6.12%)
Jul 17, 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 $2.14. The average 1-year stock price forecast is 63.98% higher than the current stock price, while the lowest is $2.00 (+53.26%) and the highest is $2.30 (+76.25%).

Price Target: $2.14 (+63.98%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$2.00$2.14$2.13$2.30
Change+53.26%+63.98%+63.22%+76.25%

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
RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy555566
Buy000000
Hold000000
Sell000000
Strong Sell000000
Total555566

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Buy
Maintains
$2.15
BuyMaintains$2.15+64.75%Jun 30, 2026
MA Financial Group
MA Financial Group
Buy
Maintains
$2.25$2.30
BuyMaintains$2.25$2.30+76.25%May 19, 2026
BMO Capital
BMO Capital
Buy
Maintains
$2.02
BuyMaintains$2.02+55.00%May 15, 2026
Bell Potter
Bell Potter
Buy
Maintains
$1.95$2.10
BuyMaintains$1.95$2.10+60.92%Apr 27, 2026
Ord Minnett
Ord Minnett
Buy
Maintains
$2.10
BuyMaintains$2.10+60.92%Apr 24, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
950.10M
from 262.36M
Increased by 262.13%
Revenue Next Year
1.00B
from 950.10M
Increased by 5.42%
EPS This Year
0.19
from 0.05
Increased by 309.08%
EPS Next Year
0.23
from 0.19
Increased by 22.68%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
127.83M165.01M190.53M172.99M262.36M950.10M
Revenue Growth
76.20%29.08%15.46%-9.20%51.66%262.13%
Operating Income
49.27M52.39M58.82M23.64M41.30M358.37M
Net Income
55.70M70.25M42.45M17.68M33.04M248.70M
EPS
----0.050.19
EPS Growth
----58.13%309.08%
Forward PE
26.0812.6010.407.605.546.98
Free Cash Flow
81.76M-15.80M-5.86M-84.72M-1.00M452.95M
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202620272028
High978.9M
Avg950.1M
Low929.6M

Revenue Growth

Revenue Growth202620272028
High
273.1%
Avg
262.1%
Low
254.3%

EPS Forecast

EPS202620272028
High0.20
Avg0.19
Low0.17

EPS Growth

EPS Growth202620272028
High
337.6%
Avg
309.1%
Low
275.5%