American Resources Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for American Resources stock have an average target of $5.00, which predicts a 123.21% increase from the current stock price of 2.24.

Price Target: $5.00 (+123.21%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$5.00	$5.00	$5.00	$5.00
Change	+123.21%	+123.21%	+123.21%	+123.21%

* Price targets were last updated on Apr 17, 2026.

Analyst Ratings

The average analyst rating for American Resources 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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	3	3	3	3	2	2
Buy	1	1	1	1	1	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	3	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Neal Dingmann William Blair	William Blair	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jun 3, 2026
Mike Niehuser Roth MKM	Roth MKM	Buy Maintains $2.2 → $5	Buy	Maintains	$2.2 → $5	+123.21%	Apr 17, 2026

Financial Forecast

Revenue This Year

27.00M

Revenue Next Year

654.00M

from 27.00M

2,322.22%

from 27.00M

EPS This Year

-0.44

from -0.14

EPS Next Year

0.84

from -0.44

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	7.76M	39.47M	11.82M	34.07K	-	27.00M
Operating Income	-28.33M	-24.00M	-26.84M	-14.22M	-10.59M	-18.20M
Net Income	-32.50M	-1.45M	-38.53M	-39.12M	55.41M	-48.00M
EPS	-	-	-	-	-0.14	-0.44
Free Cash Flow	-20.57M	-5.94M	-34.48M	73.10M	-72.50M	-278.00M
No. Analysts	-	-	-	-	-	1

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

Revenue Forecast

Revenue	2026	2027	2028
High	27.0M
Avg	27.0M
Low	27.0M

Revenue Growth

Revenue Growth	2027	2028
High	2,322.2%
Avg	2,322.2%
Low	2,322.2%

EPS Forecast

EPS	2026	2027	2028
High	-0.44
Avg	-0.44
Low	-0.44

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-