Antofagasta plc (LON:ANTO)

Antofagasta Stock Forecast

Stock Price Forecast

According to 22 analysts polled by S&P Global, Antofagasta stock has a consensus rating of "Hold" and an average price target of 3,828p. The average 1-year stock price forecast is 19.00% higher than the current stock price, while the lowest is 2,617p (-18.64%) and the highest is 5,002p (+55.47%).

Price Target: 3,828p (+19.00%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	2,617p	3,828p	4,001p	5,002p
Change	-18.64%	+19.00%	+24.38%	+55.47%

Analyst Ratings

The average analyst rating for Antofagasta stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart

Rating	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26	Nov '26
Strong Buy	4	4	4	5	5	5
Buy	1	2	2	2	2	2
Hold	11	10	11	10	11	11
Sell	2	2	2	2	2	2
Strong Sell	3	3	3	3	2	2
Total	21	21	22	22	22	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ben Davis RBC Capital	RBC Capital	Sell Maintains 3,300p → 3,400p	Sell	Maintains	3,300p → 3,400p	+5.69%	Oct 31, 2026
Liam Fitzpatrick Deutsche Bank	Deutsche Bank	Hold Upgrades 3,400p → 3,300p	Hold	Upgrades	3,400p → 3,300p	+2.58%	Oct 26, 2026
Ephrem Ravi Citi	Citi	Buy Maintains 4,400p → 4,100p	Buy	Maintains	4,400p → 4,100p	+27.45%	Oct 20, 2026
Patrick Jones J.P. Morgan	J.P. Morgan	Buy Maintains 4,500p → 4,200p	Buy	Maintains	4,500p → 4,200p	+30.56%	Oct 19, 2026
Richard Hatch Berenberg Bank	Berenberg Bank	Buy Reiterates 4,600p → 4,500p	Buy	Reiterates	4,600p → 4,500p	+39.88%	Oct 16, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

10.50B

Increased by 21.85%

from 8.62B

Revenue Next Year

10.77B

Increased by 2.49%

from 10.50B

EPS This Year

2.01

Increased by 55.74%

from 1.29

EPS Next Year

1.94

Decreased by -3.88%

from 2.01

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	7.47B	5.86B	6.32B	6.61B	8.62B	10.50B
Revenue Growth	45.64%	-21.53%	7.89%	4.57%	30.35%	21.85%
Operating Income	3.43B	1.62B	1.77B	1.62B	3.34B	5.10B
Net Income	1.29B	1.53B	835.10M	829.40M	1.33B	2.01B
EPS	-	-	-	-	1.29	2.01
EPS Growth	-	-	-	-	105.89%	55.74%
Forward PE	14.23	25.49	28.44	22.13	33.57	21.15
Dividend / Share	1.43	0.60	0.36	0.31	0.65	0.94
Dividend Growth	160.51%	-58.11%	-39.70%	-12.78%	105.73%	45.51%
Free Cash Flow	-	-	-	-	-612.90M	637.16M
No. Analysts	-	-	-	-	-	18

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	11.1B
Avg	10.5B
Low	9.5B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	28.4%
Avg	21.8%
Low	10.5%

EPS Forecast

Chart

EPS	2026	2027	2028
High	2.26
Avg	2.01
Low	1.70

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	74.8%
Avg	55.7%
Low	31.5%

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: Oct 31, 2026

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Individual analyst data is provided by TipRanks. Price targets and consensus ratings update every hour to every three days, while individual analyst data updates in near real-time.

Data Sources Report a data error