African Rainbow Minerals Limited (JSE:ARI)
South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
15,413
-462 (-2.91%)
Sep 28, 2026, 5:00 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 22,160. The average 1-year stock price forecast is 43.77% higher than the current stock price, while the lowest is ZAC 21,000 (+36.25%) and the highest is ZAC 23,000 (+49.22%).

Price Target: ZAC 22,160 (+43.77%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
PriceZAC 21,000ZAC 22,160ZAC 22,000ZAC 23,000
Change+36.25%+43.77%+42.74%+49.22%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy333333
Buy000000
Hold222222
Sell000000
Strong Sell000000
Total555555

Financial Forecast

Revenue This Year
17.53B
from 15.25B
Increased by 14.96%
Revenue Next Year
19.34B
from 17.53B
Increased by 10.35%
EPS This Year
22.71
from 16.50
Increased by 37.63%
EPS Next Year
25.79
from 22.71
Increased by 13.56%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
16.92B14.66B11.42B11.66B15.25B17.53B
Revenue Growth
-13.94%-13.33%-22.13%2.13%30.76%14.96%
Gross Profit
9.18B5.83B877.00M-190.00M4.40B5.92B
Gross Margin
54.24%39.74%7.68%-1.63%28.84%33.77%
Operating Income
8.06B4.74B-34.00M-676.00M3.16B5.06B
Net Income
12.43B8.08B3.15B330.00M4.00B6.04B
EPS
----16.5022.71
EPS Growth
----20.09%37.63%
Forward PE
3.353.816.509.036.146.79
Dividend / Share
32.0026.0015.0010.5012.0017.11
Dividend Growth
6.67%-18.75%-42.31%-30.00%14.29%42.54%
Free Cash Flow
----5.62B5.87B
No. Analysts
-----4
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is ZAR.

Revenue Forecast

Revenue202720282029
High18.4B
Avg17.5B
Low16.0B

Revenue Growth

Revenue Growth202720282029
High
21.0%
Avg
15.0%
Low
4.8%

EPS Forecast

EPS202720282029
High31.16
Avg22.71
Low11.67

EPS Growth

EPS Growth202720282029
High
88.8%
Avg
37.6%
Low
-29.3%