Harmony Gold Mining Company Limited (JSE:HAR)
South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
27,492
+872 (3.28%)
Oct 9, 2026, 5:02 PM SAST

JSE:HAR Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, JSE:HAR stock has a consensus rating of "Buy" and an average price target of ZAC 34,643. The average 1-year stock price forecast is 26.01% higher than the current stock price, while the lowest is ZAC 32,000 (+16.40%) and the highest is ZAC 39,500 (+43.68%).

Price Target: ZAC 34,643 (+26.01%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
PriceZAC 32,000ZAC 34,643ZAC 35,000ZAC 39,500
Change+16.40%+26.01%+27.31%+43.68%

Analyst Ratings

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

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy444444
Buy111111
Hold222233
Sell000000
Strong Sell000000
Total777788

Financial Forecast

Revenue This Year
107.62B
from 99.24B
Increased by 8.45%
Revenue Next Year
122.62B
from 107.62B
Increased by 13.94%
EPS This Year
52.41
from 42.99
Increased by 21.90%
EPS Next Year
69.68
from 52.41
Increased by 32.96%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
42.65B49.28B61.38B73.90B99.24B107.62B
Revenue Growth
2.19%15.55%24.56%20.39%34.29%8.45%
Gross Profit
9.05B13.79B21.67B29.31B49.24B49.73B
Gross Margin
21.23%27.99%35.30%39.66%49.62%46.20%
Operating Income
3.82B7.72B11.49B21.47B40.67B46.05B
Net Income
-1.05B4.82B8.59B14.38B29.35B32.61B
EPS
----42.9952.41
EPS Growth
----83.95%21.90%
Forward PE
6.215.627.405.783.935.25
Dividend / Share
0.620.752.413.8212.8013.61
Dividend Growth
-54.75%20.97%221.33%58.51%235.08%6.30%
Free Cash Flow
----15.77B16.52B
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is ZAR.

Revenue Forecast

Revenue202720282029
High110.1B
Avg107.6B
Low104.3B

Revenue Growth

Revenue Growth202720282029
High
11.0%
Avg
8.4%
Low
5.1%

EPS Forecast

EPS202720282029
High57.54
Avg52.41
Low48.73

EPS Growth

EPS Growth202720282029
High
33.8%
Avg
21.9%
Low
13.4%