Metals X Limited (ASX:MLX)
Australia · Delayed Price · Currency is AUD 1.370
-0.070 (-4.86%)
Jul 17, 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 40.88% higher than the current stock price, while the lowest is $1.85 (+35.04%) and the highest is $2.00 (+45.99%).
Price Target: $1.93 (+40.88%)
Analyst Consensus: Strong Buy
Price Target
Chart* Price targets were last updated on May 18, 2026.
Analyst 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 | Nov '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '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 |
|---|---|---|---|---|---|---|---|
| Ord Minnett | Ord Minnett | Buy Maintains $1.60 → $2.00 | Buy | Maintains | $1.60 → $2.00 | +45.99% | May 18, 2026 |
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $1.50 → $1.55 | Buy | Maintains | $1.50 → $1.55 | +13.14% | May 4, 2026 |
Financial Forecast
Revenue This Year
376.20M
from 285.00M
Increased by 32.00%
Revenue Next Year
367.40M
from 376.20M
Decreased by -2.34%
EPS This Year
0.19
from 0.12
Increased by 61.02%
EPS Next Year
0.15
from 0.19
Decreased by -21.05%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.