TMC The Metals Co Inc has a consensus price target of $5 based on the ratings of 2 analysts. The high is $6 issued by ThinkEquity on July 10, 2023. The low is $4 issued by Wedbush on May 16, 2024. The 3 most-recent analyst ratings were released by Wedbush, Wedbush, and ThinkEquity on May 16, 2024, August 15, 2023, and July 10, 2023, respectively. With an average price target of $4.67 between Wedbush, Wedbush, and ThinkEquity, there's an implied 413.72% upside for TMC The Metals Co Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for TMC Metals (NASDAQ:TMC) was reported by Wedbush on May 16, 2024. The analyst firm set a price target for $4.00 expecting TMC to rise to within 12 months (a possible 340.33% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for TMC Metals (NASDAQ:TMC) was provided by Wedbush, and TMC Metals reiterated their neutral rating.
There is no last upgrade for TMC Metals
There is no last downgrade for TMC Metals.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of TMC Metals, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for TMC Metals was filed on May 16, 2024 so you should expect the next rating to be made available sometime around May 16, 2025.
While ratings are subjective and will change, the latest TMC Metals (TMC) rating was a reiterated with a price target of $4.00 to $4.00. The current price TMC Metals (TMC) is trading at is $0.91, which is out of the analyst’s predicted range.
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