Metals X Limited (ASX:MLX)
Australia · Delayed Price · Currency is AUD 1.595
+0.050 (3.24%)
Oct 27, 2026, 4:10 PM AEDT
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 $2.05. The average 1-year stock price forecast is 28.53% higher than the current stock price, while the lowest is $1.90 (+19.12%) and the highest is $2.20 (+37.93%).
Price Target: $2.05 (+28.53%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst 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 | Apr '26 | May '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 0 | 1 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 3 | 2 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Shaw and Partners | Shaw and Partners | Buy Upgrades $1.90 | Buy | Upgrades | $1.90 | +19.12% | Oct 21, 2026 |
| Ord Minnett | Ord Minnett | Buy Maintains $2.20 | Buy | Maintains | $2.20 | +37.93% | Oct 20, 2026 |
| Canaccord Genuity | Canaccord Genuity | Hold Downgrades $1.85 → $1.90 | Hold | Downgrades | $1.85 → $1.90 | +19.12% | Aug 28, 2026 |
Financial Forecast
Revenue This Year
405.85M
from 285.00M
Increased by 42.40%
Revenue Next Year
338.81M
from 405.85M
Decreased by -16.52%
EPS This Year
0.22
from 0.12
Increased by 87.71%
EPS Next Year
0.16
from 0.22
Decreased by -27.91%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.