Caledonia Mining Corporation Plc (CMCL)

CMCL Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, CMCL stock has a consensus rating of "Buy" and an average price target of $42.73. The average 1-year stock price forecast is 99.49% higher than the current stock price, while the lowest is $35.69 (+66.62%) and the highest is $47.5 (+121.76%).

Price Target: $42.73 (+99.49%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$35.69	$42.73	$45	$47.5
Change	+66.62%	+99.49%	+110.08%	+121.76%

Analyst Ratings

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

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	0	0	1	1
Buy	2	2	2	2	2	2
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	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tate Sullivan Maxim Group	Maxim Group	Buy Maintains $45	Buy	Maintains	$45	+110.08%	May 13, 2026

Financial Forecast

Revenue This Year

331.37M

Increased by 30.39%

from 254.14M

Revenue Next Year

336.02M

Increased by 1.40%

from 331.37M

EPS This Year

2.39

Decreased by -15.52%

from 2.83

EPS Next Year

1.62

Decreased by -32.22%

from 2.39

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Jan 1, 2023	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	115.25M	134.96M	138.68M	173.76M	254.14M	331.37M
Revenue Growth	21.32%	17.10%	2.76%	25.30%	46.27%	30.39%
Gross Profit	62.72M	72.44M	56.41M	93.20M	152.95M	195.84M
Gross Margin	54.42%	53.68%	40.68%	53.64%	60.18%	59.10%
Operating Income	37.97M	45.08M	18.50M	54.29M	104.14M	146.47M
Net Income	18.41M	11.24M	-7.86M	17.90M	55.22M	60.40M
EPS	1.49	0.85	-0.44	0.91	2.83	2.39
EPS Growth	-14.26%	-42.96%	-	-	210.22%	-15.52%
Forward PE	-	-	-	-	-	8.96
Dividend / Share	0.50	0.56	0.56	0.56	0.56	0.56
Dividend Growth	-	12.00%	-	-	-	-
Free Cash Flow	-4.39M	2.23M	-20.34M	17.23M	51.22M	-105.00M
No. Analysts	-	-	-	-	-	3

Revenue Forecast

Revenue	2026	2027	2028
High	343.3M
Avg	331.4M
Low	324.7M

Revenue Growth

Revenue Growth	2026	2027	2028
High	35.1%
Avg	30.4%
Low	27.8%

EPS Forecast

EPS	2026	2027	2028
High	2.39
Avg	2.39
Low	2.39

EPS Growth

EPS Growth	2026	2027	2028
High	-15.5%
Avg	-15.5%
Low	-15.5%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.