Metals X Limited (ASX:MLX)
1.850
+0.050 (2.78%)
Aug 7, 2026, 4:10 PM AEST
Metals X Stock Forecast
Stock Price Forecast
According to 2 analysts polled by S&P Global, Metals X stock has a consensus rating of "Strong Buy" and an average price target of $1.93. The average 1-year stock price forecast is 4.32% higher than the current stock price, while the lowest is $1.85 (0.00%) and the highest is $2.00 (+8.11%).
Price Target: $1.93 (+4.32%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Metals X 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $1.55 → $1.85 | Buy | Maintains | $1.55 → $1.85 | n/a | Jul 29, 2026 |
| Ord Minnett | Ord Minnett | Buy Maintains $2.00 | Buy | Maintains | $2.00 | +8.11% | Jul 28, 2026 |
Financial Forecast
Revenue This Year
401.22M
from 285.00M
Increased by 40.78%
Revenue Next Year
341.79M
from 401.22M
Decreased by -14.81%
EPS This Year
0.20
from 0.12
Increased by 69.49%
EPS Next Year
0.16
from 0.20
Decreased by -22.50%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.