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AREC Stock Forecast: American Resources Corp. (Indiana) Price Predictions for 2026-2027

Last close, 4 Nov 2026
$1.00
−6.45% on the day

The 3 Wall Street analysts covering American Resources Corp. (Indiana) hold a median 12-month price target of $6 — +502.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 35 of 100 as at 3 Nov 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$116.1M
Ticker Nerd rank
35/ 100
Median analyst target
$6.00
Analysts covering
3
Revenue−$95K−291.9% y/y
Operating income$5.3M
Net income$77.0M
Free cash flow$236K
Quarterly, 8 quarters to 31 Dec 2025 · latest quarter's figure shown
Total return, dividends reinvested
1W
−18.3%
1M
−44.3%
YTD
−58.8%
1Y
−74.2%
From 52W high
−76.6%
From 52W low
0.0%
$1.00
$4.27
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

AREC stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores American Resources Corp. (Indiana) on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 3 Nov 2026
35/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
87
Size
72
Revisions
65
Growth
61
Value
39
Momentum
17
Issuance
15
Volatility
14
Quality
14

Accruals (87): Reported profit is backed by cash, and the company is not expanding recklessly.

Quality (14): Profits are thin or unreliable for the size of the business, or they are not turning into cash.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

AREC stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on AREC, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$1.00$2.00$3.00$4.00$5.00$6.00$7.00Jan 26Apr 26Jul 26Oct 26ARECHigh $7.00Median $6.00Low $5.00

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says3 analysts
3 Buy0 Hold0 Sell
Low $5.00Median $6.00High $7.00

The green dot is the last close — the median target sits +502.2% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
1 Dec 2025D. Boral CapitalMaintainsBuy$6.00
26 Nov 2025Maxim GroupInitiatesBuy$7.00
20 Oct 2025William BlairInitiatesOutperform—
15 Sept 2025D. Boral CapitalAssumesBuy$6.00
7 Jan 2025D. Boral CapitalMaintainsBuy—
21 Nov 2024D. Boral CapitalMaintainsBuy—
30 Sept 2024Roth MKMMaintainsBuy—
17 July 2024EF HuttonMaintainsBuy—
3 June 2024EF HuttonInitiatesBuy—
24 May 2024Roth MKMMaintainsBuy—
16 Nov 2023HC Wainwright & Co.MaintainsBuy—
16 Aug 2023HC Wainwright & Co.ReiteratesBuy—
29 June 2023HC Wainwright & Co.ReiteratesBuy—
28 June 2023Roth MKMReiteratesBuy—
17 May 2023HC Wainwright & Co.MaintainsBuy—
3 Apr 2023HC Wainwright & Co.MaintainsBuy—
1 Feb 2023HC Wainwright & Co.ReiteratesBuy—
16 Nov 2022HC Wainwright & Co.MaintainsBuy—
17 Aug 2022HC Wainwright & Co.MaintainsBuy—
18 May 2022HC Wainwright & Co.MaintainsBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

AREC appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

AREC vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Nov 2026, American Resources Corp. (Indiana) returned −74.2% against +12.9% for the S&P 500, dividends included.

AREC vs S&P 500, last 12 monthsTotal return, rebased to 100
20406080100120Jan 26Apr 26Jul 26Oct 26ARECS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

AREC analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
Analysts raising
0
Analysts cutting
1
Fundamentals

American Resources Corp. (Indiana) (AREC) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
10.5×

Cheaper than 57% of US stocks

Price / sales
—
Price / book
1.2×

Cheaper than 64% of US stocks

EV / EBITDA
−6.0×

Cheaper than 82% of US stocks

Growth & margins
Revenue growth (YoY)
−57887.3%

Higher than 1% of US stocks

Earnings growth (YoY)
−291.9%

Higher than 1% of US stocks

Gross margin
−75.3%

Higher than 2% of US stocks

Operating margin
0.0%

Higher than 32% of US stocks

Net margin
0.0%

Higher than 30% of US stocks

Returns & dividend
Return on equity
−290.7%

Higher than 5% of US stocks

Return on assets
−2.9%

Higher than 35% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

American Resources Corp. (Indiana) (AREC) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • American Resources Corp. (Indiana) has a market value of $116.1M and an enterprise value of $62.5M.

  • Revenue in the twelve months to 31 Dec 2025: −$50K. The latest quarter shrank 57887.3% year on year.

  • Net income over the same four quarters: $54.0M, a −107958.6% net margin.

  • Free cash flow in the twelve months to 31 Dec 2025: −$10.1M, after $1.2M of capital spending.

  • Shares outstanding: 106.9M.

  • Trailing P/E: 10.5×; forward P/E: 1.3× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • American Resources Corp. (Indiana) employs 7 people — −$7K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 Dec 2025 · market figures as at 3 Nov 2026

Data provided by Twelve Data

Peers

AREC vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelWaste Management
CompanyMarket capTKN rank
ARECAmerican Resources Corp. (Indiana)$116.1M35
ABATAmerican Battery Technology Co.$178.2M12
LNZALanzaTech Global, Inc.$66.5M28
ENGSEnergys Group Ltd.$203.0M19
YDDLOne & One Green Technologies, Inc.$58.3M9
PESIPerma-Fix Environmental Services, Inc.$276.7M20
NVRIEnviri Corp.$534.8M23

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own American Resources Corp. (Indiana) — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest AREC news & analysis

American Resources Corporation and ReElement Technologies Advance Strategic Partnership with Uzbekistan to Commercially Demonstrate High-Purity Tungsten Refining

Accesswire · 21 Oct 2026positive

American Resources and ReElement announced an agreement with Uzbekistan Technological Metals Complex and the Uzbekistan Fund for Reconstruction and Development to advance tungsten processing and refining collaboration. Following technical validation of Uzbek-sourced tungsten, ReElement plans commercial demonstration activities and will evaluate future deployment of its refining technology in Uzbekistan.

Why it matters — The agreement advances a potential commercial demonstration of ReElement's technology in Uzbekistan, relevant to AREC because it holds a strategic minority interest in ReElement.

American Resources Corporation Appoints Datuk Wira Mark Ling as CEO of Newly Formed American Resources Indo Pacific to Lead Rare Earth Supply Chain Development in Malaysia

Accesswire · 14 Oct 2026positive

American Resources formed American Resources Indo Pacific and appointed Datuk Wira Mark Ling as its CEO to lead expansion in the region, beginning with development of a connected rare earth supply chain in Malaysia. ReElement plans to establish a local separation and refining footprint using its proprietary processing technologies, while SAGINT’s Digital Warehouse Receipt technology is intended to provide traceability for material lots.

Why it matters — The announcement outlines AREC’s planned regional expansion and the capabilities it intends to bring together across mining, refining, traceability and downstream applications.

American Resources Corporation, ReElement Technologies and Electrified Materials Announce October Conference Participation

Accesswire · 5 Oct 2026neutral

American Resources Corporation, along with its affiliates ReElement Technologies and Electrified Materials, announced participation in three industry and investor conferences during October. The events are intended to facilitate engagement with investors, customers, and commercial partners across battery recycling, electronics recovery, and critical mineral supply chains.

Why it matters — AREC watchers would care because the company is using these conferences to connect with institutional investors and commercial partners across its recycling and critical materials operations.

AstraBit Adds Institutional Markets and Digital-Asset Leaders Lisa Wade and Josh Hawes to its Advisory Board

GlobeNewsWire · 29 Sept 2026neutral

AstraBit announced the addition of Lisa Wade and Josh Hawes to its advisory board, aiming to strengthen its leadership in digital-asset infrastructure, market structure, quantitative risk management, and critical minerals.

Why it matters — AREC watchers may note the advisory appointments as a signal of AstraBit's focus on critical minerals, an area relevant to the resource sector.

AREC Expands Critical Materials and Battery Supply With Blackion Deal

Zacks Investment Research · 28 Sept 2026positive

American Resources' subsidiary EMCO has agreed to acquire Blackion for $13.2 million, adding battery supply-chain capabilities intended to support commercialization and critical material recovery. The deal expands American Resources' footprint in critical materials and battery supply.

Why it matters — A AREC watcher would care because the acquisition positions the company to grow its critical materials and battery supply-chain business.

FAQ

Frequently asked questions about AREC stock

What is the AREC stock price forecast for 2026-2027?

The 3 Wall Street analysts covering American Resources Corp. (Indiana) have a median 12-month price target of $6, with estimates ranging from $5 to $7. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is AREC stock a buy right now?

Of the 3 analysts covering American Resources Corp. (Indiana), 3 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks American Resources Corp. (Indiana) 35 out of 100 across roughly 4,600 US stocks as at 3 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank AREC?

As at 3 Nov 2026, American Resources Corp. (Indiana) ranks 35 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (87 of 100).

Will AREC stock go up?

No one can know that. What the data says: the median 12-month target from 3 analysts implies +502.2% from the last close, and Ticker Nerd's factor model ranks American Resources Corp. (Indiana) 35 out of 100 as at 3 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the AREC stock forecast for 2030?

No analyst covering American Resources Corp. (Indiana) publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for AREC are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $5 to $7 over the next 12 months.

How has AREC stock performed over the past year?

American Resources Corp. (Indiana) returned -74.2% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does American Resources Corp. (Indiana) do?

American Resources Corp. is a raw materials solutions company focused on critical materials for the rare earth magnet, lithium-ion battery, and semiconductor supply chains.

What is the latest news on AREC?

The most recent item we track (Accesswire, 21 Oct 2026): "American Resources Corporation and ReElement Technologies Advance Strategic Partnership with Uzbekistan to Commercially Demonstrate High-Purity Tungsten Refining". American Resources and ReElement announced an agreement with Uzbekistan Technological Metals Complex and the Uzbekistan Fund for Reconstruction and Development to advance tungsten processing and refining collaboration. Following technical validation of Uzbek-sourced tungsten, ReElement plans commercial demonstration activities and will evaluate future deployment of its refining technology in Uzbekistan.

Company

About American Resources Corp. (Indiana).

American Resources Corp. is a raw materials solutions company focused on critical materials for the rare earth magnet, lithium-ion battery, and semiconductor supply chains. The company develops and processes a diversified portfolio of strategic minerals, including rare earth elements, germanium, gallium, tungsten, antimony, lithium, cobalt, and nickel, alongside recycled inputs through its Electrified Materials business. Its operations support defense, industrial, and commercial applications by supplying materials used in electrification, advanced manufacturing, and steel-related recycling streams. American Resources Corp. also maintains coal-based byproducts sourced from controlled assets, reflecting a broader materials platform that links traditional resource recovery with critical mineral processing. Based in Fishers, Indiana, the company plays a role in the domestic supply chain for raw materials that are essential to infrastructure, energy transition, and technology manufacturing.

CEO Mr. Mark C. Jensen · 7 employees · United States · https://www.americanresourcescorp.com