South32 Limited (ASX:S32)
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
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 4 | 4 |
| Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Hold | 3 | 2 | 3 | 4 | 6 | 5 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citi | Citi | Buy Reiterates $6.11 → $5.34 | Buy | Reiterates | $6.11 → $5.34 | +17.93% | Jul 23, 2026 |
| Morgans | Morgans | Buy Maintains $4.90 → $4.70 | Buy | Maintains | $4.90 → $4.70 | +3.75% | Jul 22, 2026 |
| Barclays | Barclays | Buy Maintains $4.58 → $4.96 | Buy | Maintains | $4.58 → $4.96 | +9.51% | Jul 22, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Jul 21, 2026 |
Unknown Analyst Ord Minnett No rating | Ord Minnett | Buy Maintains $5.00 → $5.10 | Buy | Maintains | $5.00 → $5.10 | +12.58% | Jul 21, 2026 |
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%
EPS and Forward PE are based on non-GAAP adjusted numbers.