On June 25, 2025, Wedbush analyst Daniel Ives released an updated analyst rating for TMC The Metals Co (TMC, Financial). The latest evaluation has upgraded TMC from a previous "Neutral" rating to an "Outperform" status.
In addition to the improved rating, the analyst has increased his price target for TMC significantly. The new price target has been raised from a previous $6.00 to $11.00, marking an impressive 83.33% increase. This change highlights the analyst's growing confidence in TMC's future performance.
As a part of this update, the price target adjustment reflects expectations that TMC (TMC, Financial) may experience substantial growth within its sector. Investors are advised to take note of these changes in the context of their investment strategy.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for TMC The Metals Co Inc (TMC, Financial) is $8.18 with a high estimate of $12.00 and a low estimate of $5.50. The average target implies an upside of 6.03% from the current price of $7.72. More detailed estimate data can be found on the TMC The Metals Co Inc (TMC) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, TMC The Metals Co Inc's (TMC, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
