Thungela Resources Limited (JSE:TGA)
South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
13,154
-372 (-2.75%)
Oct 19, 2026, 5:00 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 12,051. The average 1-year stock price forecast is 8.39% lower than the current stock price, while the lowest is ZAC 7,000 (-46.78%) and the highest is ZAC 17,500 (+33.04%).

Price Target: ZAC 12,051 (-8.39%)
Analyst Consensus: Sell

Price Target

Chart
TargetLowAverageMedianHigh
PriceZAC 7,000ZAC 12,051ZAC 11,954ZAC 17,500
Change-46.78%-8.39%-9.12%+33.04%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy111111
Buy000000
Hold001111
Sell000000
Strong Sell333333
Total445555

Financial Forecast

Revenue This Year
32.57B
from 29.60B
Increased by 10.05%
Revenue Next Year
33.24B
from 32.57B
Increased by 2.04%
EPS This Year
18.06
from -6.47
EPS Next Year
11.22
from 18.06
Decreased by -37.87%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
26.28B50.75B30.63B35.55B29.60B32.57B
Revenue Growth
600.85%93.11%-39.64%16.06%-16.75%10.05%
Operating Income
8.74B27.52B6.64B3.68B-1.39B3.59B
Net Income
6.43B16.99B5.16B3.59B-7.09B3.14B
EPS
-----6.4718.06
Forward PE
1.942.114.906.81203.227.28
Dividend / Share
18.00100.0020.0013.004.009.06
Dividend Growth
-455.56%-80.00%-35.00%-69.23%126.61%
Free Cash Flow
-----683.00M2.05B
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is ZAR.

Revenue Forecast

Revenue202620272028
High33.7B
Avg32.6B
Low31.5B

Revenue Growth

Revenue Growth202620272028
High
13.7%
Avg
10.0%
Low
6.3%

EPS Forecast

EPS202620272028
High25.37
Avg18.06
Low10.55

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-