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 $1.78. The average 1-year stock price forecast is 35.36% higher than the current stock price, while the lowest is $1.55 (+17.87%) and the highest is $2.00 (+52.09%).

Price Target: $1.78 (+35.36%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$1.55	$1.78	$1.78	$2.00
Change	+17.87%	+35.36%	+35.36%	+52.09%

* 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
Matthew Hope Ord Minnett	Ord Minnett	Buy Maintains $1.60 → $2.00	Buy	Maintains	$1.60 → $2.00	+52.09%	May 18, 2026
Timothy Hoff Canaccord Genuity	Canaccord Genuity	Buy Maintains $1.50 → $1.55	Buy	Maintains	$1.50 → $1.55	+17.87%	May 4, 2026

Financial Forecast

Revenue This Year

390.45M

from 285.00M

37.00%

from 285.00M

Revenue Next Year

328.89M

from 390.45M

-15.77%

from 390.45M

EPS This Year

0.19

from 0.12

57.83%

from 0.12

EPS Next Year

0.14

from 0.19

-22.97%

from 0.19

Fiscal Year	FY 2022	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2022	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	228.88M	187.92M	153.78M	218.82M	285.00M	390.45M
Revenue Growth	143.92%	-17.90%	-18.17%	42.29%	30.24%	37.00%
Operating Income	127.09M	84.02M	44.69M	92.27M	121.98M	228.97M
Net Income	183.89M	144.50M	14.59M	102.35M	104.61M	179.46M
EPS	-	-	-	-	0.12	0.19
EPS Growth	-	-	-	-	-	57.83%
Forward PE	-	-	-	-	-	7.06
Free Cash Flow	65.09M	-	13.48M	56.99M	53.95M	156.50M
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue	2026	2027	2028
High	404.7M
Avg	390.4M
Low	376.2M

Revenue Growth

Revenue Growth	2026	2027	2028
High	42.0%
Avg	37.0%
Low	32.0%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.19
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	57.8%
Low	-