On May 16, 2025, Wedbush analyst Daniel Ives reiterated a Neutral rating for TMC The Metals Co (TMC, Financial). The analyst maintained the price target at $6.00 USD, which remains consistent with the previous assessment.
According to the latest report, there have been no changes in the projected price target, as the adjusted price target remains at $6.00, the same as the prior assessment. TMC continues to be evaluated under a Neutral rating from Wedbush, indicating a steady outlook on the company's performance in the market.
Investors following TMC (TMC, Financial) might find this reiteration by Wedbush to be a confirmation of the existing market sentiment towards the stock. The lack of change in both the price target and rating suggests a stable perspective from the analyst regarding the company's future performance.
As the stock market evolves, stakeholders will be watching closely for any updates or changes in the ratings or price targets to guide their investment decisions in TMC The Metals Co.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for TMC The Metals Co Inc (TMC, Financial) is $5.87 with a high estimate of $6.00 and a low estimate of $5.60. The average target implies an upside of 69.88% from the current price of $3.45. More detailed estimate data can be found on the TMC The Metals Co Inc (TMC) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, TMC The Metals Co Inc's (TMC, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.