Teck Resources Limited (TECK)
NYSE: TECK · Real-Time Price · USD
36.24
+1.36 (3.90%)
Apr 24, 2025, 4:00 PM EDT - Market closed
Teck Resources Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Teck Resources stock have an average target of 63.78, with a low estimate of 41 and a high estimate of 80. The average target predicts an increase of 75.99% from the current stock price of 36.24.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Teck Resources stock from 9 stock analysts 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 '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 3 | 3 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 8 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $50 → $41 | Buy | Maintains | $50 → $41 | +13.13% | Apr 10, 2025 |
| B of A Securities | B of A Securities | Strong Buy Maintains $62 → $64 | Strong Buy | Maintains | $62 → $64 | +76.60% | Mar 10, 2025 |
| Raymond James | Raymond James | Buy Maintains $75 → $70 | Buy | Maintains | $75 → $70 | +93.16% | Jan 22, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $55 → $51 | Buy | Maintains | $55 → $51 | +40.73% | Jan 16, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $57 → $55 | Buy | Maintains | $57 → $55 | +51.77% | Oct 25, 2024 |
Financial Forecast
Revenue This Year
10.45B
from 9.07B
Increased by 15.27%
Revenue Next Year
11.76B
from 10.45B
Increased by 12.55%
EPS This Year
1.96
from 0.79
Increased by 149.63%
EPS Next Year
2.71
from 1.96
Increased by 37.95%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 12.2B | 13.6B | 14.1B | ||
| Avg | 10.4B | 11.8B | 11.5B | ||
| Low | 9.3B | 10.0B | 9.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 34.7% | 29.9% | 20.1% | ||
| Avg | 15.3% | 12.5% | -1.9% | ||
| Low | 2.9% | -3.9% | -18.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.72 | 3.84 | 4.60 | ||
| Avg | 1.96 | 2.71 | 2.56 | ||
| Low | 1.04 | 1.58 | 1.38 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 245.6% | 95.7% | 69.7% | ||
| Avg | 149.6% | 38.0% | -5.5% | ||
| Low | 32.0% | -19.7% | -49.0% |
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.