HMY Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, HMY stock has a consensus rating of "Buy" and an average price target of $23.01. The average 1-year stock price forecast is 49.13% higher than the current stock price, while the lowest is $20.04 (+29.88%) and the highest is $27 (+74.98%).

Price Target: $23.01 (+49.13%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$20.04	$23.01	$22	$27
Change	+29.88%	+49.13%	+42.58%	+74.98%

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

Analyst Ratings

The average analyst rating for HMY 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	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Raj Ray BMO Capital	BMO Capital	Hold Maintains $26 → $24	Hold	Maintains	$26 → $24	+55.54%	Mar 13, 2026

Financial Forecast

Revenue This Year

98.91B

from 73.90B

33.85%

from 73.90B

Revenue Next Year

123.96B

from 98.91B

25.33%

from 98.91B

EPS This Year

43.75

from 23.37

87.19%

from 23.37

EPS Next Year

70.07

from 43.75

60.18%

from 43.75

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	41.73B	42.65B	49.28B	61.38B	73.90B	98.91B
Revenue Growth	42.70%	2.19%	15.55%	24.56%	20.39%	33.85%
Gross Profit	11.58B	9.05B	13.79B	21.67B	29.30B	44.64B
Gross Margin	27.74%	21.23%	27.99%	35.30%	39.65%	45.13%
Operating Income	7.05B	3.82B	7.91B	11.59B	21.14B	42.34B
Net Income	5.09B	-1.05B	4.82B	8.59B	14.38B	27.74B
EPS	-	-	-	-	23.37	43.75
EPS Growth	-	-	-	-	26.19%	87.19%
Forward PE	-	-	-	-	-	5.82
Dividend / Share	1.37	0.62	0.75	2.41	3.82	13.69
Dividend Growth	-	-54.74%	20.97%	221.33%	58.51%	258.33%
Free Cash Flow	-835.75M	149.50M	1.66B	5.94B	10.44B	15.01B
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is ZAR.

Revenue Forecast

Revenue	2026	2027	2028
High	110.8B
Avg	98.9B
Low	94.6B

Revenue Growth

Revenue Growth	2026	2027	2028
High	50.0%
Avg	33.8%
Low	28.0%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	43.75
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	87.2%
Low	-