Harmony Gold Mining Company Limited (JSE:HAR)
South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
31,971
-622 (-1.91%)
Sep 18, 2026, 5:09 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 35,071. The average 1-year stock price forecast is 9.70% higher than the current stock price, while the lowest is ZAC 31,000 (-3.04%) and the highest is ZAC 39,500 (+23.55%).

Price Target: ZAC 35,071 (+9.70%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
PriceZAC 31,000ZAC 35,071ZAC 36,000ZAC 39,500
Change-3.04%+9.70%+12.60%+23.55%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy444445
Buy111111
Hold222222
Sell000000
Strong Sell000000
Total777778

Financial Forecast

Revenue This Year
110.36B
from 99.24B
Increased by 11.21%
Revenue Next Year
122.12B
from 110.36B
Increased by 10.65%
EPS This Year
54.73
from 42.99
Increased by 27.32%
EPS Next Year
66.25
from 54.73
Increased by 21.04%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
42.65B49.28B61.38B73.90B99.24B110.36B
Revenue Growth
2.19%15.55%24.56%20.39%34.29%11.21%
Gross Profit
9.05B13.79B21.67B29.31B49.24B52.97B
Gross Margin
21.23%27.99%35.30%39.66%49.62%47.99%
Operating Income
3.82B7.72B11.49B21.47B40.67B50.23B
Net Income
-1.05B4.82B8.59B14.38B29.35B33.91B
EPS
----42.9954.73
EPS Growth
----83.95%27.32%
Forward PE
6.215.627.405.783.935.84
Dividend / Share
0.620.752.413.8212.8014.92
Dividend Growth
-54.75%20.97%221.33%58.51%235.08%16.59%
Free Cash Flow
----9.85B13.03B
No. Analysts
-----4
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is ZAR.

Revenue Forecast

Revenue202720282029
High113.9B
Avg110.4B
Low107.0B

Revenue Growth

Revenue Growth202720282029
High
14.8%
Avg
11.2%
Low
7.8%

EPS Forecast

EPS202720282029
High57.99
Avg54.73
Low49.49

EPS Growth

EPS Growth202720282029
High
34.9%
Avg
27.3%
Low
15.1%