West African Resources Limited (ASX:WAF)
Australia · Delayed Price · Currency is AUD 2.880
-0.020 (-0.69%)
Jun 26, 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 $5.35. The average 1-year stock price forecast is 85.76% higher than the current stock price, while the lowest is $4.00 (+38.89%) and the highest is $7.00 (+143.06%).
Price Target: $5.35 (+85.76%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 28, 2026.
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
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Buy Maintains $4.50 → $4.00 | Buy | Maintains | $4.50 → $4.00 | +38.89% | Apr 28, 2026 |
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $7.00 | Buy | Maintains | $7.00 | +143.06% | Apr 23, 2026 |
Unknown Analyst Ord Minnett No rating | Ord Minnett | Buy Maintains $3.70 → $4.80 | Buy | Maintains | $3.70 → $4.80 | +66.67% | Jan 29, 2026 |
Financial Forecast
Revenue This Year
3.11B
from 1.54B
Increased by 101.59%
Revenue Next Year
3.31B
from 3.11B
Increased by 6.48%
EPS This Year
0.94
from 0.41
Increased by 128.31%
EPS Next Year
0.93
from 0.94
Decreased by -0.89%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 3.3B | ||
| Avg | 3.1B | ||
| Low | 2.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 114.4% | ||
| Avg | 101.6% | ||
| Low | 87.2% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.02 | ||
| Avg | 0.94 | ||
| Low | 0.87 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 146.5% | ||
| Avg | 128.3% | ||
| Low | 111.5% |