Alkane Resources Ltd (ASX:ALK)
Australia flag Australia · Delayed Price · Currency is AUD
1.920
+0.090 (4.92%)
Sep 16, 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 $2.00. The average 1-year stock price forecast is 4.17% higher than the current stock price, while the lowest is $1.50 (-21.87%) and the highest is $2.35 (+22.40%).

Price Target: $2.00 (+4.17%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$1.50$2.00$2.08$2.35
Change-21.87%+4.17%+8.33%+22.40%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy566645
Buy000000
Hold000021
Sell000000
Strong Sell000000
Total566666

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Buy
Upgrades
$2.00$2.35
BuyUpgrades$2.00$2.35+22.40%Sep 7, 2026
Bell Potter
Bell Potter
Buy
Maintains
$2.15
BuyMaintains$2.15+11.98%Aug 26, 2026
Ord Minnett
Ord Minnett
Buy
Maintains
$1.85$2.00
BuyMaintains$1.85$2.00+4.17%Aug 24, 2026
MA Financial Group
MA Financial Group
Hold
Downgrades
$1.70$1.80
HoldDowngrades$1.70$1.80-6.25%Aug 22, 2026
BMO Capital
BMO Capital
Buy
Maintains
$2.02$2.27
BuyMaintains$2.02$2.27+18.28%Jul 8, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.03B
from 935.82M
Increased by 10.40%
Revenue Next Year
1.08B
from 1.03B
Increased by 4.94%
EPS This Year
0.22
from 0.18
Increased by 24.96%
EPS Next Year
0.28
from 0.22
Increased by 28.05%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
165.01M190.53M172.99M262.36M935.82M1.03B
Revenue Growth
29.08%15.46%-9.20%51.66%256.69%10.40%
Operating Income
52.39M58.82M23.64M41.30M315.94M429.86M
Net Income
70.25M42.45M17.68M33.04M228.72M299.90M
EPS
----0.180.22
EPS Growth
----282.93%24.96%
Forward PE
12.6010.407.605.546.058.78
Dividend / Share
----0.020.03
Free Cash Flow
-15.80M-5.86M-84.72M-1.00M240.38M310.10M
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202720282029
High1.2B
Avg1.0B
Low979.0M

Revenue Growth

Revenue Growth202720282029
High
23.3%
Avg
10.4%
Low
4.6%

EPS Forecast

EPS202720282029
High0.25
Avg0.22
Low0.19

EPS Growth

EPS Growth202720282029
High
40.0%
Avg
25.0%
Low
8.6%