NextSource Materials Inc. (TSX:NEXT)

NextSource Materials Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, NextSource Materials stock has a consensus rating of "Buy" and an average price target of $0.88. The average 1-year stock price forecast is 183.87% higher than the current stock price, while the lowest is $0.75 (+141.94%) and the highest is $1.00 (+222.58%).

Price Target: $0.88 (+183.87%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$0.75	$0.88	$0.88	$1.00
Change	+141.94%	+183.87%	+183.87%	+222.58%

Analyst Ratings

The average analyst rating for NextSource Materials stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	2	2
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Macmurray Whale ATB Cormark Capital Markets	ATB Cormark Capital Markets	Buy Maintains $0.80 → $0.75	Buy	Maintains	$0.80 → $0.75	+141.94%	May 21, 2026
Tate Sullivan Maxim Group	Maxim Group	Buy Initiates $1.00	Buy	Initiates	$1.00	+222.58%	Apr 21, 2026

Financial Forecast

Revenue This Year

888.35K

Increased by 24.27%

from 714.84K

Revenue Next Year

4.34M

Increased by 388.92%

from 888.35K

EPS This Year

-0.11

from -0.09

EPS Next Year

-0.06

from -0.11

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026
Revenue	-	-	-	-	714.84K	888.35K
Revenue Growth	-	-	-	-	-	24.27%
Operating Income	-5.52M	-2.59M	-4.79M	-7.38M	-15.56M	-20.43M
Net Income	-41.96M	16.12M	-11.68M	-9.00M	-23.26M	-7.28M
EPS	-	-	-	-	-0.09	-0.11
Free Cash Flow	41.44M	-37.14M	-34.01M	-17.33M	-25.43M	-21.17M
No. Analysts	-	-	-	-	-	1

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

Revenue Forecast

Revenue	2026	2027	2028
High	888,353
Avg	888,353
Low	888,353

Revenue Growth

Revenue Growth	2026	2027	2028
High	24.3%
Avg	24.3%
Low	24.3%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-0.11
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: May 21, 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