Metals X Limited (ASX:MLX)
Australia flag Australia · Delayed Price · Currency is AUD
1.925
-0.025 (-1.28%)
Aug 27, 2026, 4:10 PM AEST

Metals X Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Metals X stock has a consensus rating of "Buy" and an average price target of $1.92. The average 1-year stock price forecast is 0.26% lower than the current stock price, while the lowest is $1.85 (-3.90%) and the highest is $2.00 (+3.90%).

Price Target: $1.92 (-0.26%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$1.85$1.92$1.90$2.00
Change-3.90%-0.26%-1.30%+3.90%

Analyst Ratings

The average analyst rating for Metals X stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jul '26Aug '26
Strong Buy222222
Buy000000
Hold000001
Sell000000
Strong Sell000000
Total222223

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$1.55$1.85
BuyMaintains$1.55$1.85-3.90%Jul 29, 2026
Ord Minnett
Ord Minnett
Buy
Maintains
$2.00
BuyMaintains$2.00+3.90%Jul 28, 2026

Financial Forecast

Revenue This Year
397.60M
from 285.00M
Increased by 39.51%
Revenue Next Year
339.07M
from 397.60M
Decreased by -14.72%
EPS This Year
0.20
from 0.12
Increased by 72.03%
EPS Next Year
0.16
from 0.20
Decreased by -22.82%
Fiscal YearFY 2022FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2022Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
228.88M187.92M153.78M218.82M285.00M397.60M
Revenue Growth
143.92%-17.90%-18.17%42.29%30.24%39.51%
Operating Income
127.09M84.02M44.69M92.27M121.98M243.75M
Net Income
183.89M144.50M14.59M102.35M104.61M185.35M
EPS
----0.120.20
EPS Growth
-----72.03%
Forward PE
33.9133.9133.9133.9112.549.48
Free Cash Flow
65.09M-13.48M56.99M53.95M173.27M
No. Analysts
-----3
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202620272028
High409.1M
Avg397.6M
Low391.7M

Revenue Growth

Revenue Growth202620272028
High
43.5%
Avg
39.5%
Low
37.4%

EPS Forecast

EPS202620272028
High0.22
Avg0.20
Low0.19

EPS Growth

EPS Growth202620272028
High
83.1%
Avg
72.0%
Low
61.0%