West African Resources Limited (ASX:WAF)
3.480
+0.160 (4.82%)
Aug 7, 2026, 4:10 PM 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 $4.72. The average 1-year stock price forecast is 35.63% higher than the current stock price, while the lowest is $4.00 (+14.94%) and the highest is $5.75 (+65.23%).
Price Target: $4.72 (+35.63%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 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 | 3 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $5.75 | Buy | Maintains | $5.75 | +65.23% | Jul 29, 2026 |
Unknown Analyst Ord Minnett No rating | Ord Minnett | Buy Maintains $4.35 | Buy | Maintains | $4.35 | +25.00% | Jul 1, 2026 |
| Macquarie | Macquarie | Buy Maintains $4.00 | Buy | Maintains | $4.00 | +14.94% | Jun 29, 2026 |
Financial Forecast
Revenue This Year
2.81B
from 1.54B
Increased by 82.09%
Revenue Next Year
2.94B
from 2.81B
Increased by 4.78%
EPS This Year
0.85
from 0.41
Increased by 106.73%
EPS Next Year
0.74
from 0.85
Decreased by -13.65%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.