South32 Limited (ASX:S32)
Australia flag Australia · Delayed Price · Currency is AUD
4.530
-0.040 (-0.88%)
Jul 30, 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 $4.74. The average 1-year stock price forecast is 4.64% higher than the current stock price, while the lowest is $4.07 (-10.15%) and the highest is $6.00 (+32.45%).

Price Target: $4.74 (+4.64%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$4.07$4.74$4.70$6.00
Change-10.15%+4.64%+3.75%+32.45%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy666644
Buy344444
Hold323465
Sell110000
Strong Sell000000
Total131313141413

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Buy
Reiterates
$6.11$5.34
BuyReiterates$6.11$5.34+17.93%Jul 23, 2026
Morgans
Morgans
Buy
Maintains
$4.90$4.70
BuyMaintains$4.90$4.70+3.75%Jul 22, 2026
Barclays
Barclays
Buy
Maintains
$4.58$4.96
BuyMaintains$4.58$4.96+9.51%Jul 22, 2026
RBC Capital
RBC Capital
Buy
Reiterates
n/a
BuyReiteratesn/an/aJul 21, 2026
Unknown Analyst
Ord Minnett
No rating
Ord Minnett
Buy
Maintains
$5.00$5.10
BuyMaintains$5.00$5.10+12.58%Jul 21, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.18B
from 5.98B
Increased by 3.23%
Revenue Next Year
5.64B
from 6.18B
Decreased by -8.68%
EPS This Year
0.24
from 0.15
Increased by 59.59%
EPS Next Year
0.26
from 0.24
Increased by 12.17%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
5.58B9.38B5.75B5.02B5.98B6.18B
Revenue Growth
8.67%68.07%-38.65%-12.73%19.16%3.23%
Operating Income
773.00M3.43B279.00M13.00M738.00M1.60B
Net Income
-195.00M2.67B-173.00M-203.00M213.00M979.27M
EPS
----0.150.24
EPS Growth
----76.19%59.59%
Forward PE
11.684.377.9810.9510.9113.48
Dividend / Share
0.050.230.080.040.060.10
Dividend Growth
-363.27%-64.32%-56.79%71.43%58.40%
Free Cash Flow
750.38M2.02B-650.63M-1.81B1.01B1.07B
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High8.0B
Avg6.2B
Low5.6B

Revenue Growth

Revenue Growth202620272028
High
33.8%
Avg
3.2%
Low
-6.4%

EPS Forecast

EPS202620272028
High0.28
Avg0.24
Low0.19

EPS Growth

EPS Growth202620272028
High
90.5%
Avg
59.6%
Low
27.3%