African Rainbow Minerals Limited (JSE:ARI)
South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
18,564
+836 (4.72%)
Aug 19, 2026, 3:00 PM SAST

African Rainbow Minerals Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, African Rainbow Minerals stock has a consensus rating of "Buy" and an average price target of ZAC 21,960. The average 1-year stock price forecast is 18.29% higher than the current stock price, while the lowest is ZAC 20,000 (+7.74%) and the highest is ZAC 23,000 (+23.90%).

Price Target: ZAC 21,960 (+18.29%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
PriceZAC 20,000ZAC 21,960ZAC 22,000ZAC 23,000
Change+7.74%+18.29%+18.51%+23.90%

Analyst Ratings

The average analyst rating for African Rainbow Minerals stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy333333
Buy000000
Hold222221
Sell000000
Strong Sell000000
Total555554

Financial Forecast

Revenue This Year
15.88B
from 11.66B
Increased by 36.19%
Revenue Next Year
17.53B
from 15.88B
Increased by 10.37%
EPS This Year
20.15
from 13.74
Increased by 46.65%
EPS Next Year
24.94
from 20.15
Increased by 23.78%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
19.66B16.92B14.66B11.42B11.66B15.88B
Revenue Growth
68.69%-13.94%-13.33%-22.13%2.13%36.19%
Operating Income
11.20B8.06B4.74B-34.00M-676.00M5.35B
Net Income
12.63B12.43B8.08B3.15B330.00M4.34B
EPS
----13.7420.15
EPS Growth
-----46.93%46.65%
Forward PE
3.713.353.816.509.039.21
Dividend / Share
30.0032.0026.0015.0010.5012.36
Dividend Growth
150.00%6.67%-18.75%-42.31%-30.00%17.68%
Free Cash Flow
2.35B4.27B2.48B-4.28B-3.52B4.27B
No. Analysts
-----4
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is ZAR.

Revenue Forecast

Revenue202620272028
High16.6B
Avg15.9B
Low14.8B

Revenue Growth

Revenue Growth202620272028
High
42.1%
Avg
36.2%
Low
27.1%

EPS Forecast

EPS202620272028
High20.65
Avg20.15
Low18.91

EPS Growth

EPS Growth202620272028
High
50.3%
Avg
46.6%
Low
37.6%