TMCBasic Materials · Other Industrial Metals & MiningThe 6 Wall Street analysts covering TMC the metals co., Inc. hold a median 12-month price target of $10 — +163.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 6 of 100 as at 3 Oct 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores TMC the metals co., Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Accruals (61): Reported profit is backed by cash, and the company is not expanding recklessly.
Growth (8): Sales and profits are flat, shrinking, or growing more slowly than they were.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on TMC, reported as data — targets and ratings, the market's view beside the model's.
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
The green dot is the last close — the median target sits +163.9% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 4 June 2026 | Maxim Group | Initiates | Buy | $10 |
| 2 June 2026 | HC Wainwright & Co. | Reiterates | Buy | $12 |
| 4 May 2026 | Wedbush | Maintains | Outperform | — |
| 20 Apr 2026 | Wedbush | Reiterates | Outperform | — |
| 31 Mar 2026 | Wedbush | Maintains | Outperform | — |
| 23 Jan 2026 | HC Wainwright & Co. | Maintains | Buy | — |
| 22 Jan 2026 | Wedbush | Reiterates | Outperform | — |
| 14 Nov 2025 | HC Wainwright & Co. | Maintains | Buy | — |
| 18 Aug 2025 | HC Wainwright & Co. | Reiterates | Buy | — |
| 6 Aug 2025 | HC Wainwright & Co. | Maintains | Buy | — |
| 25 June 2025 | Wedbush | Upgrade | Outperform | — |
| 20 May 2025 | HC Wainwright & Co. | Initiates | Buy | — |
| 16 May 2025 | Wedbush | Reiterates | Neutral | — |
| 28 Mar 2025 | Wedbush | Reiterates | Neutral | — |
| 15 Jan 2025 | Alliance Global Partners | Initiates | Buy | — |
| 16 May 2024 | Wedbush | Reiterates | Neutral | — |
| 15 Aug 2023 | Wedbush | Reiterates | Neutral | — |
| 10 July 2023 | ThinkEquity | Initiates | Buy | — |
| 12 May 2023 | Wedbush | Reiterates | Neutral | — |
| 24 Nov 2021 | Wedbush | Initiates | Neutral | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. TMC appears on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 2 Oct 2026, TMC the metals co., Inc. returned −46.8% against +16.2% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 90% of US stocks
Cheaper than 99% of US stocks
Cheaper than 83% of US stocks
Higher than 32% of US stocks
Higher than 30% of US stocks
Higher than 1% of US stocks
Higher than 5% of US stocks
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
TMC the metals co., Inc. has a market value of $2.1B and an enterprise value of $1.6B.
Revenue in the twelve months to 30 June 2026: $0.0.
Net income over the same four quarters: −$305.6M.
Free cash flow in the twelve months to 30 June 2026: −$43.8M.
Trailing P/E: −4.6×; forward P/E: −15.8× — the forward figure prices analyst consensus estimates, not reported earnings.
TMC the metals co., Inc. employs 48 people.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own TMC the metals co., Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
The Metals Company has appointed a new board member, a move that is driving the stock higher today. The report notes that significant risks remain associated with an investment in the company.
Why it matters — TMC watchers would care because the board appointment may be seen as a governance change, though the accompanying risk warnings highlight ongoing concerns for shareholders.
TMC announced the appointment of Liam Mallon, former President of ExxonMobil Upstream, to its Board of Directors. Mallon brings over 40 years of global energy and offshore operating experience, including leadership of ExxonMobil's worldwide upstream business and oversight of its Guyana development and Pioneer Natural Resources acquisition.
Why it matters — The appointment adds a senior energy industry executive with deep offshore operating and capital deployment experience to TMC's Board as the company prepares to launch commercial deep seabed mineral operations.
TMC the metals is advancing a U.S. permitting process for commercial deep-sea nodule recovery while preparing offshore collection equipment and evaluating domestic processing options, according to CFO Craig Shesky during a Water Tower Research conference session. The company is targeting 2027 for offshore commissioning as the NOAA permit review progresses.
Why it matters — A TMC watcher would care because progress on U.S. permitting and the target of 2027 offshore commissioning mark concrete steps toward the company's commercial deep-sea recovery plans.
Seeking Alpha highlights TMC the Metals Company as the only firm advancing a US commercial permit for seafloor mining, emphasizing its first-mover advantage in deep-sea mineral extraction and progress on regulatory and permitting fronts.
Why it matters — A TMC watcher would care because the item underscores the company's unique regulatory position and permitting progress as core drivers of its strategic value in seabed mining.
The article compares The Metals Company (TMC) with USA Rare Earth as speculative materials bets that could reduce U.S. reliance on critical minerals from China. It highlights that USA Rare Earth recently completed a game-changing acquisition and enjoys strong government support.
Why it matters — A TMC watcher would care because the piece frames TMC against USA Rare Earth's momentum and government backing, potentially suggesting TMC lags its rival.
The 6 Wall Street analysts covering TMC the metals co., Inc. have a median 12-month price target of $10, with estimates ranging from $10 to $12. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 6 analysts covering TMC the metals co., Inc., 6 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks TMC the metals co., Inc. 6 out of 100 across roughly 4,600 US stocks as at 3 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 3 Oct 2026, TMC the metals co., Inc. ranks 6 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 (61 of 100).
No one can know that. What the data says: the median 12-month target from 6 analysts implies +163.9% from the last close, and Ticker Nerd's factor model ranks TMC the metals co., Inc. 6 out of 100 as at 3 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering TMC the metals co., Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for TMC are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $10 to $12 over the next 12 months.
TMC the metals co., Inc. returned -46.8% over the 12 months to 2 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
TMC The Metals Company Inc. is a deep-sea minerals exploration company focused on collecting, processing, and refining polymetallic nodules from the seafloor in the Clarion-Clipperton Zone of the Pacific Ocean.
The most recent item we track (The Motley Fool, 30 Sept 2026): "Why The Metals Company Stock Is Soaring Today". The Metals Company has appointed a new board member, a move that is driving the stock higher today. The report notes that significant risks remain associated with an investment in the company.
TMC The Metals Company Inc. is a deep-sea minerals exploration company focused on collecting, processing, and refining polymetallic nodules from the seafloor in the Clarion-Clipperton Zone of the Pacific Ocean. The company’s current work centers on extracting nickel, copper, cobalt, and manganese from these nodules and developing metallurgical processes to turn them into usable materials. Its output is intended to support battery components, electric vehicle wiring, energy storage, steel production, and broader industrial applications. TMC operates as a single-segment business centered on seafloor nodule exploration and processing, with a headquarters in Vancouver, Canada. The company plays a specialized role in the critical minerals market by targeting offshore sources of base metals used across energy transition, manufacturing, and infrastructure supply chains.
CEO Mr. Gerard Barron · 48 employees · Canada · https://metals.co
