Thungela Resources Limited (JSE:TGA)
South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
11,921
-86 (-0.72%)
Sep 29, 2026, 1:51 PM 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 3.94% lower than the current stock price, while the lowest is ZAC 6,000 (-49.67%) and the highest is ZAC 17,500 (+46.80%).

Price Target: ZAC 11,451 (-3.94%)
Analyst Consensus: Sell

Price Target

Chart
TargetLowAverageMedianHigh
PriceZAC 6,000ZAC 11,451ZAC 11,300ZAC 17,500
Change-49.67%-3.94%-5.21%+46.80%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy111111
Buy000000
Hold100111
Sell000000
Strong Sell233333
Total444555

Financial Forecast

Revenue This Year
32.74B
from 29.60B
Increased by 10.63%
Revenue Next Year
33.04B
from 32.74B
Increased by 0.91%
EPS This Year
16.67
from -6.47
EPS Next Year
7.11
from 16.67
Decreased by -57.34%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
26.28B50.75B30.63B35.55B29.60B32.74B
Revenue Growth
600.85%93.11%-39.64%16.06%-16.75%10.63%
Operating Income
8.74B27.52B6.64B3.68B-1.39B3.58B
Net Income
6.43B16.99B5.16B3.59B-7.09B3.28B
EPS
-----6.4716.67
Forward PE
1.942.114.906.81203.227.15
Dividend / Share
18.00100.0020.0013.004.008.47
Dividend Growth
-455.56%-80.00%-35.00%-69.23%111.67%
Free Cash Flow
-----683.00M2.73B
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
10.6%
Low
7.0%

EPS Forecast

EPS202620272028
High25.37
Avg16.67
Low10.00

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-