Metals X Limited (ASX:MLX)
Australia flag Australia · Delayed Price · Currency is AUD
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

Chart
TargetLowAverageMedianHigh
Price$1.85$1.93$1.93$2.00
Change0.00%+4.32%+4.32%+8.11%

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

Chart
RatingJan '26Feb '26Mar '26Apr '26May '26Jul '26
Strong Buy222222
Buy000000
Hold000000
Sell000000
Strong Sell000000
Total222222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$1.55$1.85
BuyMaintains$1.55$1.85n/aJul 29, 2026
Ord Minnett
Ord Minnett
Buy
Maintains
$2.00
BuyMaintains$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%
Fiscal YearFY 2022FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2022Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
228.88M187.92M153.78M218.82M285.00M401.22M
Revenue Growth
143.92%-17.90%-18.17%42.29%30.24%40.78%
Operating Income
127.09M84.02M44.69M92.27M121.98M234.90M
Net Income
183.89M144.50M14.59M102.35M104.61M179.70M
EPS
----0.120.20
EPS Growth
-----69.49%
Forward PE
33.9133.9133.9133.9112.549.25
Free Cash Flow
65.09M-13.48M56.99M53.95M156.90M
No. Analysts
-----2
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202620272028
High410.7M
Avg401.2M
Low391.7M

Revenue Growth

Revenue Growth202620272028
High
44.1%
Avg
40.8%
Low
37.4%

EPS Forecast

EPS202620272028
High0.21
Avg0.20
Low0.19

EPS Growth

EPS Growth202620272028
High
78.0%
Avg
69.5%
Low
61.0%