South32 Limited (ASX:S32)
Australia flag Australia · Delayed Price · Currency is AUD
5.02
+0.14 (2.87%)
Sep 29, 2026, 4:10 PM AEST

South32 Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, South32 stock has a consensus rating of "Buy" and an average price target of $5.15. The average 1-year stock price forecast is 2.59% higher than the current stock price, while the lowest is $4.07 (-18.92%) and the highest is $6.15 (+22.51%).

Price Target: $5.15 (+2.59%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$4.07$5.15$5.03$6.15
Change-18.92%+2.59%+0.20%+22.51%

Analyst Ratings

The average analyst rating for South32 stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy664444
Buy444422
Hold346566
Sell000011
Strong Sell000000
Total131414131313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
RBC Capital
RBC Capital
Buy
Maintains
$5.50
BuyMaintains$5.50+9.56%Sep 22, 2026
Citi
Citi
Buy
Maintains
$6.00
BuyMaintains$6.00+19.52%Sep 16, 2026
Barclays
Barclays
Buy
Maintains
$4.90
BuyMaintains$4.90-2.43%Sep 16, 2026
Unknown Analyst
Macquarie
No rating
Macquarie
Hold
Maintains
$5.00
HoldMaintains$5.00-0.40%Sep 15, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$5.10
BuyMaintains$5.10+1.59%Sep 15, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
5.25B
from 5.94B
Decreased by -11.59%
Revenue Next Year
4.75B
from 5.25B
Decreased by -9.56%
EPS This Year
0.25
from 0.23
Increased by 9.80%
EPS Next Year
0.23
from 0.25
Decreased by -10.48%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
9.38B5.75B5.02B5.98B5.94B5.25B
Revenue Growth
68.07%-38.65%-12.73%19.16%-0.70%-11.59%
Operating Income
3.43B279.00M13.00M738.00M927.00M1.65B
Net Income
2.67B-173.00M-203.00M213.00M1.09B1.22B
EPS
----0.230.25
EPS Growth
----54.85%9.80%
Forward PE
4.377.9810.9510.9110.6314.00
Dividend / Share
0.230.080.040.060.090.11
Dividend Growth
363.27%-64.32%-56.79%71.43%55.00%15.15%
Free Cash Flow
-----1.17B
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High5.9B
Avg5.3B
Low4.7B

Revenue Growth

Revenue Growth202720282029
High
-0.5%
Avg
-11.6%
Low
-21.0%

EPS Forecast

EPS202720282029
High0.36
Avg0.25
Low0.19

EPS Growth

EPS Growth202720282029
High
57.1%
Avg
9.8%
Low
-16.5%