South32 Limited (ASX:S32)
Australia · Delayed Price · Currency is AUD 4.760
-0.060 (-1.24%)
Aug 19, 2026, 4:52 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 $4.66. The average 1-year stock price forecast is 2.10% lower than the current stock price, while the lowest is $4.00 (-15.97%) and the highest is $5.89 (+23.74%).
Price Target: $4.66 (-2.10%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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
| Rating | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Hold | 2 | 3 | 4 | 6 | 5 | 6 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 14 | 14 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Hold Downgrades $4.50 | Hold | Downgrades | $4.50 | -5.46% | Aug 13, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $4.75 → $4.80 | Buy | Maintains | $4.75 → $4.80 | +0.84% | Aug 6, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $5.30 | Buy | Maintains | $5.30 | +11.34% | Aug 4, 2026 |
| Citi | Citi | Buy Reiterates $6.10 → $5.34 | Buy | Reiterates | $6.10 → $5.34 | +12.11% | Jul 23, 2026 |
| Morgans | Morgans | Buy Maintains $4.90 → $4.70 | Buy | Maintains | $4.90 → $4.70 | -1.26% | Jul 22, 2026 |
Financial Forecast
Revenue This Year
5.84B
from 5.98B
Decreased by -2.44%
Revenue Next Year
5.37B
from 5.84B
Decreased by -8.06%
EPS This Year
0.24
from 0.15
Increased by 60.61%
EPS Next Year
0.26
from 0.24
Increased by 11.08%
EPS and Forward PE are based on non-GAAP adjusted numbers.