TMC THE METALS CO INC (TMC) Forecast, Price Target & Analyst Ratings

NASDAQ:TMC • CA87261Y1060

Current stock price

5.32 USD
+0.16 (+3.1%)
At close:
5.33 USD
+0.01 (+0.19%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for TMC THE METALS CO INC (TMC).

Forecast Snapshot

Consensus Price Target

Price Target
$11.05
+ 107.71% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 11, 2026
Period
Q1 / 2026
EPS Estimate
-$0.05
Revenue Estimate
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
82.22%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$11.05
Upside
+ 107.71%
From current price of $5.32 to mean target of $11.05, Based on 9 analyst forecasts
Low
$8.08
Median
$12.11
High
$12.86

Price Target Revisions

1 Month
-4.41%
3 Months
23.11%

Price Target Summary

9 Wall Street analysts provided a forecast for the next 12 months for TMC. The average price target is 11.05 USD. This implies a price increase of 107.71% is expected in the next year compared to the current price of 5.32.
The average price target has been revised upward by 23.11% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

TMC Current Analyst RatingTMC Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

TMC Historical Analyst RatingsTMC Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
82.22%
TMC was analyzed by 9 analysts. The buy percentage consensus is at 82. So analysts seem to be very confident about TMC.
In the previous month the buy percentage consensus was at a similar level.
TMC was analyzed by 9 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-31WedbushMaintains Outperform -> Outperform
2026-01-23HC Wainwright & Co.Maintains Buy -> Buy
2026-01-22WedbushReiterate Outperform -> Outperform
2025-11-14HC Wainwright & Co.Maintains Buy -> Buy
2025-08-18HC Wainwright & Co.Reiterate Buy -> Buy
2025-08-06HC Wainwright & Co.Maintains Buy -> Buy
2025-06-25WedbushUpgrade Neutral -> Outperform
2025-05-20HC Wainwright & Co.Initiate Buy
2025-05-16WedbushReiterate Neutral -> Neutral
2025-03-28WedbushReiterate Neutral -> Neutral
2025-01-15Alliance Global PartnersInitiate Buy
2024-05-16WedbushReiterate Neutral -> Neutral
2023-08-15WedbushReiterate Neutral -> Neutral
2023-07-10ThinkEquityInitiate Buy
2023-05-12WedbushReiterate Neutral -> Neutral
2021-11-24WedbushInitiate Neutral
2021-11-11BenchmarkInitiate Hold

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 11, 2026
Period
Q1 / 2026
EPS Estimate
-$0.05
Revenue Estimate
Revenue Q2Q
N/A
EPS Q2Q
15.83%
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
0.00%
EPS (3 Months)
8.40%

Next Earnings Summary

TMC is expected to report earnings on 5/11/2026. The consensus EPS estimate for the next earnings is -0.05 USD and the consensus revenue estimate is 0 USD.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
TMC revenue by date.TMC revenue by date.
N/AN/AN/AN/A
348.29%		N/A
-24.07%		N/A
41.17%
EBITDA
YoY % growth
TMC ebitda by date.TMC ebitda by date.
N/A-56.04M-149.14M
-166.13%		-173.7M
-16.47%		-72.029M
58.53%		-80.925M
-12.35%		N/A
-7.78%		N/A
21.29%		N/A
33.85%		N/A
787.94%		N/A
685.56%		N/A
24.00%
EBIT
YoY % growth
TMC ebit by date.TMC ebit by date.
-10K-56.6M
-565,900.00%		-149.59M
-164.29%		-174.12M
-16.40%		-72.389M
58.43%		-81.287M
-12.29%		N/A
-25.62%		N/A
44.38%		N/A
20.05%		N/A
787.94%		N/A
59.96%		N/A
5.86%
Operating Margin
TMC operating margin by date.TMC operating margin by date.
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
EPS
YoY % growth
TMC eps by date.TMC eps by date.
N/AN/AN/A-0.43
73.72%		-0.26
39.53%		-0.25
3.85%		-0.38
-52.00%		N/A
57.34%		N/A
8.62%		N/A
318.86%		N/A
466.98%		N/A
4.95%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28
EPS
Q2Q % growth		-0.05
15.83%		-0.06
49.50%		-0.06
57.27%		-0.07
11.62%		-0.06
-20.00%		-0.06
-9.09%		-0.03
45.45%		0.00
100.00%		0.04
163.33%		0.09
246.67%		0.10
430.00%
Revenue
Q2Q % growth		40.653M40.703M91.91M153.35M245.44M
503.74%		287.03M
605.18%
EBITDA
Q2Q % growth		-23.988M
-33.58%		-24.356M
-11.42%		-25.477M
53.83%		-28.129M
-25.34%		N/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		-20.074M
-11.43%		-22.278M
-1.38%		-24.101M
56.46%		-27.952M
-28.07%		N/AN/AN/AN/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

TMC Yearly Revenue VS EstimatesTMC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2027 2028 2029 2030 200M 400M 600M
TMC Yearly EPS VS EstimatesTMC Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 -1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
41.83%
EPS Next 5 Year
47.90%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
12.50%
EBIT Next 5 Year
101.40%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

TMC THE METALS CO INC / TMC Forecast FAQ

What do analysts expect the price target to be for TMC THE METALS CO INC (TMC)?

9 analysts have analysed TMC and the average price target is 11.05 USD. This implies a price increase of 107.71% is expected in the next year compared to the current price of 5.32.

Can you provide the upcoming earnings date for TMC THE METALS CO INC?

TMC THE METALS CO INC (TMC) will report earnings on 2026-05-11.

What are the consensus estimates for TMC stock next earnings?

The consensus EPS estimate for the next earnings of TMC THE METALS CO INC (TMC) is -0.05 USD and the consensus revenue estimate is 0 USD.

What is the consensus rating for TMC stock?

The consensus rating for TMC THE METALS CO INC (TMC) is 82.2222 / 100 . This indicates that analysts generally have a positive outlook on the stock.