Alkane Resources Ltd (ASX:ALK)
Australia flag Australia · Delayed Price · Currency is AUD
1.450
0.00 (0.00%)
Jun 26, 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 $2.18. The average 1-year stock price forecast is 50.34% higher than the current stock price, while the lowest is $2.00 (+37.93%) and the highest is $2.30 (+58.62%).

Price Target: $2.18 (+50.34%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$2.00$2.18$2.20$2.30
Change+37.93%+50.34%+51.72%+58.62%
* Price targets were last updated on May 19, 2026.

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

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy455556
Buy100000
Hold000000
Sell000000
Strong Sell000000
Total555556

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
MA Financial Group
MA Financial Group
Buy
Maintains
$2.25$2.30
BuyMaintains$2.25$2.30+58.62%May 19, 2026
BMO Capital
BMO Capital
Buy
Maintains
$2.02
BuyMaintains$2.02+39.50%May 15, 2026
Bell Potter
Bell Potter
Buy
Maintains
$1.95$2.10
BuyMaintains$1.95$2.10+44.83%Apr 27, 2026
Ord Minnett
Ord Minnett
Buy
Maintains
$2.10
BuyMaintains$2.10+44.83%Apr 24, 2026

Financial Forecast

Revenue This Year
960.08M
from 262.36M
Increased by 265.94%
Revenue Next Year
1.04B
from 960.08M
Increased by 8.20%
EPS This Year
0.19
from 0.05
Increased by 314.44%
EPS Next Year
0.24
from 0.19
Increased by 28.42%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
127.83M165.01M190.53M172.99M262.36M960.08M
Revenue Growth
76.20%29.08%15.46%-9.20%51.66%265.94%
Gross Profit
61.35M62.65M71.22M34.45M56.15M383.34M
Gross Margin
47.99%37.96%37.38%19.91%21.40%39.93%
Operating Income
49.27M52.39M58.82M23.64M41.30M351.81M
Net Income
55.70M70.25M42.45M17.68M33.04M239.30M
EPS
----0.050.19
EPS Growth
----58.13%314.44%
Forward PE
26.0812.6010.407.605.547.66
Free Cash Flow
81.76M-15.80M-5.86M-84.72M-1.00M452.95M
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202620272028
High992.3M
Avg960.1M
Low931.7M

Revenue Growth

Revenue Growth202620272028
High
278.2%
Avg
265.9%
Low
255.1%

EPS Forecast

EPS202620272028
High-
Avg0.19
Low-

EPS Growth

EPS Growth202620272028
High-
Avg
314.4%
Low-