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 — +133.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 5 of 100 as at 8 Sept 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.
Issuance (8): The company has been issuing shares or taking on financing, diluting existing holders.
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 +133.6% 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 9 Sept 2026, TMC the metals co., Inc. returned −17.7% against +18.5% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
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 $2.5B and an enterprise value of $1.9B.
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: −5.3×; forward P/E: −18.5× — 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 reported its Q2 2026 financial results in August. During the same month, Stifel initiated coverage on the company's stock, and the shares rose.
Why it matters — These two developments — quarterly results and new analyst coverage — explain the sharp rise in TMC's share price in August.
The article discusses U.S. efforts to secure critical minerals and reduce reliance on Chinese sources, and notes that The Metals Company (TMC) is pursuing deep-sea mining as a means of accessing those critical minerals. The author indicates a specific number is being awaited before taking a position on the company.
Why it matters — TMC watchers would care because the article highlights the company's role in the critical minerals supply chain amid U.S. efforts to diversify sources, which is central to TMC's deep-sea mining strategy.
TMC The Metals Company narrowed its losses in the second quarter, though its cash reserves are decreasing. The company has accelerated its U.S. mining application and could receive a decision in the coming months.
Why it matters — A watcher would care because the narrowing losses and fast-tracked U.S. mining application could signal a pivotal regulatory decision for the company's future, while its dwindling cash position raises questions about its runway.
The Motley Fool examines whether The Metals Company could be a "millionaire-maker" stock, characterizing it as a bet on a new industry where the opportunity is matched by significant uncertainty.
Why it matters — The article highlights the high-risk, high-reward nature of TMC's deep-sea mining venture, which observers would want to weigh when tracking the company.
Cobalt spot prices were flat over the past month, while the DRC may reduce its cobalt quota if the market needs rebalancing and the IEA projects a cobalt market deficit from 2026 due to tightened DRC export curbs. Company news included CMOC's H1 profit jumping 86% and Glencore's H1 2026 adjusted EBITDA rising 86% to $10.1B.
Why it matters — Cobalt supply constraints and tightening DRC export curbs could affect the broader battery-metals market relevant to TMC's deep-sea polymetallic nodule ambitions.
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. 5 out of 100 across roughly 4,600 US stocks as at 8 Sept 2026. None of this is personal advice — it does not consider your circumstances.
As at 8 Sept 2026, TMC the metals co., Inc. ranks 5 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 +133.6% from the last close, and Ticker Nerd's factor model ranks TMC the metals co., Inc. 5 out of 100 as at 8 Sept 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 -17.7% over the 12 months to 9 Sept 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, 3 Sept 2026): "Why The Metals Company Stock Soared in August". The Metals Company reported its Q2 2026 financial results in August. During the same month, Stifel initiated coverage on the company's stock, and the shares rose.
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
