South32 Limited (ASX:S32)
5.02
+0.14 (2.87%)
Sep 29, 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 $5.15. The average 1-year stock price forecast is 2.59% higher than the current stock price, while the lowest is $4.07 (-18.92%) and the highest is $6.15 (+22.51%).
Price Target: $5.15 (+2.59%)
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 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 2 | 2 |
| Hold | 3 | 4 | 6 | 5 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 14 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $5.50 | Buy | Maintains | $5.50 | +9.56% | Sep 22, 2026 |
| Citi | Citi | Buy Maintains $6.00 | Buy | Maintains | $6.00 | +19.52% | Sep 16, 2026 |
| Barclays | Barclays | Buy Maintains $4.90 | Buy | Maintains | $4.90 | -2.43% | Sep 16, 2026 |
Unknown Analyst Macquarie No rating | Macquarie | Hold Maintains $5.00 | Hold | Maintains | $5.00 | -0.40% | Sep 15, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $5.10 | Buy | Maintains | $5.10 | +1.59% | Sep 15, 2026 |
Financial Forecast
Revenue This Year
5.25B
from 5.94B
Decreased by -11.59%
Revenue Next Year
4.75B
from 5.25B
Decreased by -9.56%
EPS This Year
0.25
from 0.23
Increased by 9.80%
EPS Next Year
0.23
from 0.25
Decreased by -10.48%
EPS and Forward PE are based on non-GAAP adjusted numbers.