Metals X Limited (ASX:MLX)
Australia · Delayed Price · Currency is AUD 2.050
-0.030 (-1.44%)
Oct 7, 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 $2.00. The average 1-year stock price forecast is 2.44% lower than the current stock price, while the lowest is $1.90 (-7.32%) and the highest is $2.20 (+7.32%).
Price Target: $2.00 (-2.44%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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
| Rating | Mar '26 | Apr '26 | May '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 0 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Ord Minnett | Ord Minnett | Buy Upgrades $2.00 → $2.20 | Buy | Upgrades | $2.00 → $2.20 | +7.32% | Sep 14, 2026 |
| Shaw and Partners | Shaw and Partners | Hold Maintains $1.90 | Hold | Maintains | $1.90 | -7.32% | Aug 31, 2026 |
| Canaccord Genuity | Canaccord Genuity | Hold Downgrades $1.85 → $1.90 | Hold | Downgrades | $1.85 → $1.90 | -7.32% | Aug 28, 2026 |
Financial Forecast
Revenue This Year
401.47M
from 285.00M
Increased by 40.87%
Revenue Next Year
351.24M
from 401.47M
Decreased by -12.51%
EPS This Year
0.21
from 0.12
Increased by 81.08%
EPS Next Year
0.16
from 0.21
Decreased by -24.50%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.