West African Resources Limited (ASX:WAF)
Australia flag Australia · Delayed Price · Currency is AUD
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

Chart
TargetLowAverageMedianHigh
Price$4.00$4.72$4.58$5.75
Change+14.94%+35.63%+31.61%+65.23%

Analyst 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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy233333
Buy111111
Hold000000
Sell000000
Strong Sell000000
Total344444

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$5.75
BuyMaintains$5.75+65.23%Jul 29, 2026
Unknown Analyst
Ord Minnett
No rating
Ord Minnett
Buy
Maintains
$4.35
BuyMaintains$4.35+25.00%Jul 1, 2026
Macquarie
Macquarie
Buy
Maintains
$4.00
BuyMaintains$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%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
712.14M608.23M661.23M730.00M1.54B2.81B
Revenue Growth
128.86%-14.59%8.71%10.40%111.37%82.09%
Operating Income
387.42M258.72M236.42M329.90M819.50M1.56B
Net Income
188.96M164.44M146.87M223.80M473.90M979.97M
EPS
----0.410.85
EPS Growth
----100.49%106.73%
Forward PE
7.067.238.065.103.094.08
Free Cash Flow
177.85M-39.79M-163.76M-70.83M236.74M866.34M
No. Analysts
-----3
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202620272028
High2.8B
Avg2.8B
Low2.8B

Revenue Growth

Revenue Growth202620272028
High
84.0%
Avg
82.1%
Low
79.5%

EPS Forecast

EPS202620272028
High0.97
Avg0.85
Low0.78

EPS Growth

EPS Growth202620272028
High
134.1%
Avg
106.7%
Low
88.9%