South32 Limited (ASX:S32)
Australia · Delayed Price · Currency is AUD 5.28
+0.06 (1.05%)
Sep 9, 2026, 1:24 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 $5.06. The average 1-year stock price forecast is 4.08% lower than the current stock price, while the lowest is $3.99 (-24.36%) and the highest is $6.02 (+14.12%).
Price Target: $5.06 (-4.08%)
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 | 3 |
| Buy | 4 | 4 | 4 | 4 | 4 | 2 |
| Hold | 2 | 3 | 4 | 6 | 5 | 7 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 14 | 14 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $4.80 → $5.10 | Buy | Maintains | $4.80 → $5.10 | -3.32% | Aug 31, 2026 |
| Citi | Citi | Buy Maintains $6.00 | Buy | Maintains | $6.00 | +13.74% | Aug 31, 2026 |
| Morgans | Morgans | Hold Downgrades $4.70 → $4.90 | Hold | Downgrades | $4.70 → $4.90 | -7.11% | Aug 28, 2026 |
| RBC Capital | RBC Capital | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Aug 28, 2026 |
Unknown Analyst Macquarie No rating | Macquarie | Hold Maintains $5.00 | Hold | Maintains | $5.00 | -5.21% | Aug 28, 2026 |
Financial Forecast
Revenue This Year
5.51B
from 5.94B
Decreased by -7.19%
Revenue Next Year
4.81B
from 5.51B
Decreased by -12.73%
EPS This Year
0.25
from 0.23
Increased by 7.17%
EPS Next Year
0.21
from 0.25
Decreased by -14.33%
EPS and Forward PE are based on non-GAAP adjusted numbers.