South32 Limited (ASX:S32)
Australia · Delayed Price · Currency is AUD 4.440
-0.110 (-2.42%)
Nov 6, 2026, 4:20 PM AEDT
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 $5.21. The average 1-year stock price forecast is 17.27% higher than the current stock price, while the lowest is $4.17 (-6.13%) and the highest is $6.18 (+39.17%).
Price Target: $5.21 (+17.27%)
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 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 | Nov '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 2 | 2 | 1 | 1 |
| Hold | 6 | 5 | 6 | 6 | 8 | 8 |
| Sell | 0 | 0 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 13 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Ord Minnett No rating | Ord Minnett | Buy Upgrades $5.50 | Buy | Upgrades | $5.50 | +23.87% | Oct 20, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $5.50 | Buy | Maintains | $5.50 | +23.87% | Oct 20, 2026 |
Unknown Analyst Macquarie No rating | Macquarie | Hold Maintains $5.00 | Hold | Maintains | $5.00 | +12.61% | Oct 19, 2026 |
| Citi | Citi | Buy Maintains $6.10 | Buy | Maintains | $6.10 | +37.39% | Oct 19, 2026 |
| Barclays | Barclays | Buy Maintains $4.95 | Buy | Maintains | $4.95 | +11.49% | Oct 19, 2026 |
Financial Forecast
Revenue This Year
5.35B
from 5.94B
Decreased by -9.91%
Revenue Next Year
5.63B
from 5.35B
Increased by 5.24%
EPS This Year
0.25
from 0.23
Increased by 8.28%
EPS Next Year
0.22
from 0.25
Decreased by -12.84%
EPS and Forward PE are based on non-GAAP adjusted numbers.