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ALM
Volume: 8.28M

ALM Stock Forecast & Price Target

ALM Analyst Ratings

Based on 3 analyst ratings
Strong Buy
Strong Buy 67%
Buy 33%
Hold 0%
Sell 0%
Strong Sell 0%

Bulls say

Almonty Industries Inc. is benefiting from a significant surge in tungsten prices, which have increased 146% year-to-date, reflecting a tight supply and strong demand driven by Chinese export restrictions. This favorable pricing environment, with the average tungsten APT price rising approximately 50% from $920/MTU to $1,375/MTU, bolsters revenue potential and highlights the company’s strategic role as a leading tungsten producer. Additionally, ongoing developments at the Panasqueira Mine aimed at expanding operations into higher-grade levels promise to enhance annual output and extend the mine's life, further supporting Almonty’s positive financial outlook.

Bears say

Almonty Industries Inc. has adjusted its revenue and adjusted EBITDA estimates for 2026 downward to $120 million and $75 million, respectively, due to revised ramp-up assumptions for the Sangdong Phase I project, indicating potential operational delays. The company's immediate revenue and EBITDA forecasts for 4Q25 and 2025 have also been reduced significantly, reflecting a dependency on unpredictable tungsten pricing and market dynamics, with adjusted forecasts dropping to $9 million and $26 million for revenues and EBITDA. Additionally, recent customs data revealing a total halt in APT exports and ongoing production halts among Chinese tungsten refiners further exacerbates concerns over the company's cash flow resilience, particularly if tungsten prices were to dip below operating costs.

ALM has been analyzed by 3 analysts, with a consensus rating of Strong Buy. 67% of analysts recommend a Strong Buy, 33% recommend Buy, 0% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Almonty Industries Inc and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Almonty Industries Inc (ALM) Forecast

Analysts have given ALM a Strong Buy based on their latest research and market trends.

According to 3 analysts, ALM has a Strong Buy consensus rating as of Mar 21, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $22.33, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $22.33, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Almonty Industries Inc (ALM)

Volume: 8.28M

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