Trilogy Metals Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Trilogy Metals stock has a consensus rating of "Buy" and an average price target of $7.21. The average 1-year stock price forecast is 88.74% higher than the current stock price, while the lowest is $5.50 (+43.98%) and the highest is $9.97 (+160.99%).

Price Target: $7.21 (+88.74%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$5.50	$7.21	$6.16	$9.97
Change	+43.98%	+88.74%	+61.26%	+160.99%

* Price targets were last updated on Apr 15, 2026.

Analyst Ratings

The average analyst rating for Trilogy Metals 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	2	2	2	3
Buy	1	1	1	2	3	2
Hold	4	4	3	3	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst National Bank No rating	National Bank	Hold Maintains $9.5 → $5.42	Hold	Maintains	$9.5 → $5.42	+42.01%	Apr 15, 2026
Brian MacArthur Raymond James	Raymond James	Buy Upgrades $7 → $5.79	Buy	Upgrades	$7 → $5.79	+51.48%	Apr 6, 2026
Craig Hutchison TD Cowen	TD Cowen	Buy Upgrades $8.5 → $5.79	Buy	Upgrades	$8.5 → $5.79	+51.48%	Feb 20, 2026
Stefan Ioannou ATB Cormark Capital Markets	ATB Cormark Capital Markets	Buy Upgrades $5.25 → $4.7	Buy	Upgrades	$5.25 → $4.7	+23.07%	Dec 18, 2025

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

n/a

EPS This Year

-0.11

from -0.07

EPS Next Year

-0.08

from -0.11

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Nov 30, 2021	Nov 30, 2022	Nov 30, 2023	Nov 30, 2024	Nov 30, 2025	Nov 30, 2026
Revenue	-	-	-	-	-	-
Operating Income	-7.98M	-6.85M	-7.09M	-6.63M	-9.28M	185.40M
Net Income	-21.66M	-24.26M	-14.95M	-8.59M	-42.24M	-17.80M
EPS	-	-	-	-	-0.07	-0.11
Free Cash Flow	-1.42M	-1.25M	-466.50K	-277.50K	29.75M	-3.35M
No. Analysts	-	-	-	-	-	1

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

Revenue Forecast

Revenue	2026	2027	2028
High	n/a
Avg	n/a
Low	n/a

Revenue Growth

Revenue Growth	2027	2028
High	-
Avg	-
Low	-

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-0.11
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-