Caledonia Mining Corporation Plc (CMCL)

CMCL Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for CMCL stock has a target of 28, which predicts a 25.73% increase from the current stock price of 22.27.

Price Target: $28 (+25.73%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$28	$28	$28	$28
Change	+25.73%	+25.73%	+25.73%	+25.73%

* Price targets were last updated on Jul 17, 2025.

Analyst Ratings

According to 1 stock analyst, the rating for CMCL is "Strong Buy". This means that the analyst believes 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	Feb '26	Mar '26
Strong Buy	1	1	1	1	1
Buy	0	0	0	0	0
Hold	0	0	0	0	0
Sell	0	0	0	0	0
Strong Sell	0	0	0	0	0
Total	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tate Sullivan Maxim Group	Maxim Group	Strong Buy Maintains $21 → $28	Strong Buy	Maintains	$21 → $28	+25.73%	Jul 17, 2025
Tate Sullivan Maxim Group	Maxim Group	Strong Buy Maintains $18 → $21	Strong Buy	Maintains	$18 → $21	-5.70%	May 14, 2025
Mike Kozak Cantor Fitzgerald	Cantor Fitzgerald	Hold → Buy Upgrades $14	Hold → Buy	Upgrades	$14	-39.38%	Apr 29, 2024
Mike Kozak Cantor Fitzgerald	Cantor Fitzgerald	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Mar 28, 2024

Financial Forecast

Revenue This Year

351.68M

Increased by 38.38%

from 254.14M

Revenue Next Year

335.60M

Decreased by -4.57%

from 351.68M

EPS This Year

3.54

Increased by 25.07%

from 2.83

EPS Next Year

2.51

Decreased by -29.21%

from 3.54

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Jan 1, 2023	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	115.25M	134.96M	138.68M	173.76M	254.14M	351.68M	335.60M
Revenue Growth	21.32%	17.10%	2.76%	25.30%	46.27%	38.38%	-4.57%
EPS	1.49	0.85	-0.44	0.91	2.83	3.54	2.51
EPS Growth	-14.26%	-42.96%	-	-	210.33%	25.07%	-29.21%
Forward PE	-	-	-	-	-	6.29	8.89
No. Analysts	-	-	-	-	-	7	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	398.0M	398.0M
Avg	351.7M	335.6M
Low	319.6M	280.0M

Revenue Growth

Revenue Growth	2026	2027
High	56.6%	13.2%
Avg	38.4%	-4.6%
Low	25.8%	-20.4%

EPS Forecast

EPS	2026	2027
High	5.62	3.90
Avg	3.54	2.51
Low	2.48	1.84

EPS Growth

EPS Growth	2026	2027
High	98.5%	10.1%
Avg	25.1%	-29.2%
Low	-12.4%	-47.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.