Thor Explorations Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Thor Explorations stock have an average target of $2.41, which predicts a 101.67% increase from the current stock price of 1.2.

Price Target: $2.41 (+101.67%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$2.41	$2.41	$2.41	$2.41
Change	+101.67%	+101.67%	+101.67%	+101.67%

* Price targets were last updated on May 13, 2026.

Analyst Ratings

The average analyst rating for Thor Explorations stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tim Huff Canaccord Genuity	Canaccord Genuity	Buy Reiterates $2.79	Buy	Reiterates	$2.79	+133.74%	May 13, 2026
Unknown Analyst Shore Capital No rating	Shore Capital	Buy Reiterates n/a	Buy	Reiterates	n/a	n/a	Apr 14, 2026

Financial Forecast

Revenue This Year

379.88M

from 325.48M

16.71%

from 325.48M

Revenue Next Year

224.68M

from 379.88M

-40.85%

from 379.88M

EPS This Year

0.38

from 0.30

28.25%

from 0.30

EPS Next Year

0.10

from 0.38

-73.51%

from 0.38

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	6.05M	165.17M	141.25M	193.13M	325.48M	379.88M
Revenue Growth	-	2,630.39%	-14.49%	36.73%	68.53%	16.71%
Operating Income	-1.56M	53.41M	27.10M	100.65M	196.57M	263.29M
Net Income	-2.07M	38.79M	10.87M	91.17M	196.21M	232.25M
EPS	-	-	-	-	0.30	0.38
EPS Growth	-	-	-	-	110.83%	28.25%
Forward PE	-	3.24	4.40	1.65	3.62	2.20
Dividend / Share	-	-	-	-	0.04	0.05
Free Cash Flow	-11.62M	18.28M	21.80M	39.10M	92.19M	223.32M
No. Analysts	-	-	-	-	-	2

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

Revenue Forecast

Revenue	2026	2027	2028
High	395.3M
Avg	379.9M
Low	364.5M

Revenue Growth

Revenue Growth	2026	2027	2028
High	21.5%
Avg	16.7%
Low	12.0%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.38
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	28.2%
Low	-