Thungela Resources Limited (JSE:TGA)
South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
14,707
+498 (3.50%)
Sep 9, 2026, 9:34 AM SAST

Thungela Resources Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Thungela Resources stock has a consensus rating of "Sell" and an average price target of ZAC 11,451. The average 1-year stock price forecast is 22.14% lower than the current stock price, while the lowest is ZAC 6,000 (-59.20%) and the highest is ZAC 17,500 (+18.99%).

Price Target: ZAC 11,451 (-22.14%)
Analyst Consensus: Sell

Price Target

Chart
TargetLowAverageMedianHigh
PriceZAC 6,000ZAC 11,451ZAC 11,300ZAC 17,500
Change-59.20%-22.14%-23.17%+18.99%

Analyst Ratings

The average analyst rating for Thungela Resources stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy111111
Buy000000
Hold110011
Sell000000
Strong Sell223333
Total444455

Financial Forecast

Revenue This Year
32.72B
from 29.60B
Increased by 10.55%
Revenue Next Year
33.00B
from 32.72B
Increased by 0.85%
EPS This Year
15.98
from -6.47
EPS Next Year
9.75
from 15.98
Decreased by -39.00%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
26.28B50.75B30.63B35.55B29.60B32.72B
Revenue Growth
600.85%93.11%-39.64%16.06%-16.75%10.55%
Operating Income
8.74B27.52B6.64B3.68B-1.39B3.58B
Net Income
6.43B16.99B5.16B3.59B-7.09B3.28B
EPS
-----6.4715.98
Forward PE
1.942.114.906.81203.229.20
Dividend / Share
18.00100.0020.0013.004.009.10
Dividend Growth
-455.56%-80.00%-35.00%-69.23%127.56%
Free Cash Flow
-448.75M16.35B5.04B362.13M-777.88M2.11B
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is ZAR.

Revenue Forecast

Revenue202620272028
High33.7B
Avg32.7B
Low31.7B

Revenue Growth

Revenue Growth202620272028
High
13.7%
Avg
10.5%
Low
7.0%

EPS Forecast

EPS202620272028
High25.37
Avg15.98
Low10.00

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-