West African Resources Limited (ASX:WAF)
3.545
+0.115 (3.35%)
Oct 7, 2026, 11:10 AM AEST
West African Resources Stock Forecast
Stock Price Forecast
According to 4 analysts polled by S&P Global, West African Resources stock has a consensus rating of "Strong Buy" and an average price target of $4.85. The average 1-year stock price forecast is 36.81% higher than the current stock price, while the lowest is $4.00 (+12.83%) and the highest is $6.25 (+76.30%).
Price Target: $4.85 (+36.81%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for West African Resources stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Ord Minnett No rating | Ord Minnett | Buy Maintains $4.45 | Buy | Maintains | $4.45 | +25.53% | Sep 29, 2026 |
| Macquarie | Macquarie | Hold Downgrades $4.00 | Hold | Downgrades | $4.00 | +12.83% | Sep 14, 2026 |
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $5.75 | Buy | Maintains | $5.75 | +62.20% | Sep 11, 2026 |
Financial Forecast
Revenue This Year
2.83B
from 1.54B
Increased by 83.21%
Revenue Next Year
2.85B
from 2.83B
Increased by 0.86%
EPS This Year
0.72
from 0.41
Increased by 74.79%
EPS Next Year
0.76
from 0.72
Increased by 4.66%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.