Alkane Resources Ltd (ASX:ALK)
1.535
+0.095 (6.60%)
Oct 27, 2026, 3:59 PM AEDT
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 $2.38. The average 1-year stock price forecast is 55.05% higher than the current stock price, while the lowest is $1.75 (+14.01%) and the highest is $3.00 (+95.44%).
Price Target: $2.38 (+55.05%)
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 |
|---|---|---|---|---|---|---|---|
| Ord Minnett | Ord Minnett | Buy Maintains $2.20 → $2.40 | Buy | Maintains | $2.20 → $2.40 | +56.35% | Oct 26, 2026 |
| Bell Potter | Bell Potter | Buy Maintains $2.15 → $2.20 | Buy | Maintains | $2.15 → $2.20 | +43.32% | Oct 25, 2026 |
| MA Financial Group | MA Financial Group | Hold Maintains $1.75 → $1.80 | Hold | Maintains | $1.75 → $1.80 | +17.26% | Oct 23, 2026 |
| UBS | UBS | Buy Maintains $2.35 → $2.55 | Buy | Maintains | $2.35 → $2.55 | +66.12% | Oct 19, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $2.54 | Buy | Maintains | $2.54 | +65.39% | Oct 12, 2026 |
Financial Forecast
Revenue This Year
969.50M
from 935.82M
Increased by 3.60%
Revenue Next Year
1.09B
from 969.50M
Increased by 12.65%
EPS This Year
0.18
from 0.18
Increased by 2.80%
EPS Next Year
0.24
from 0.18
Increased by 34.11%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.