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Model output · Signal date 2026-10-16

Tmc The Metals Co Inc. (TMC) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · Nasdaq

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Rating · 90D ▲ Bullish Exact rating locked
90-day forecast Sign up free to reveal
30-day forecast Total
Rank in coverage Top 35% of 5172 stocks scored
Rank correlation · 90D -10.0% Spearman, 357 dates
Market Cap $1.14B small-cap · #15 of 46 peers
Summary

Tmc The Metals Co Inc. (TMC) stock forecast summary

Our AI ranks Tmc The Metals Co Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

Tmc The Metals Co Inc. is a small-cap company with a market capitalization of $1.14B. It ranks number 15 by market capitalization among the 46 Metal Mining issuers in our coverage with a current forecast.

For TMC, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -10.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -10.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.0%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, TMC included.

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Price

TMC price chart and AI forecast

TMC
Cross-section · 2026-10-16

How TMC ranks among 5172 stocks

90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

Tmc The Metals Co Inc. (TMC) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Metal Mining peers listed below that report each metric.

Valuation & Market

MetricTMCIndustry medianRank
Market Cap $1.14B $533M 15/46
P/E Ratio 3.35x 11.15x 11/12
EPS $0.77 – –
FCF/Share $-0.10 – –

Profitability & Margins

MetricTMCIndustry medianRank
ROIC -160.4% 1.9% 28/28
Tax Rate -0.1% – –

Financial Health

MetricTMCIndustry medianRank
Current Ratio 1.93x 1.56x 21/48
Interest Coverage -69.0x -6.3x 21/27
Working Capital $49M $7M 17/47

Cash Flow

MetricTMCIndustry medianRank
Operating Cash Flow -$44M -$805K 38/42
Free Cash Flow -$44M -$60M 6/14
Capital Spending -$190K -$280M 1/14

Income Statement

MetricTMCIndustry medianRank
Operating Income -$206M -$1M 33/34

Dividend & Shareholder Information

MetricTMCIndustry medianRank
Shares Outstanding 441M – –
EPS Growth 97.4% -10.5% 2/9

Balance Sheet Highlights (USD millions)

Total Current Assets$101M
Cash & Short-term Investments$99M
Total Liabilities$208M
Short-term Debt$51M
Quarterly Financial Reports

TMC quarterly financials and insider trading

Industry Peers · Metal Mining

Tmc The Metals Co Inc. (TMC) industry peers

Companies classified under the same SEC industry code as Tmc The Metals Co Inc. (Metal Mining): 53 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Total) Market Cap P/E Ratio P/B Ratio
TMC Tmc The Metals Co Inc. ▲ $1.14B 3.4x –
BHP Bhp Group Ltd ▶ $211.39B 11.7x –
SCCO Southern Copper Corp/ ▶ $167.29B 29.6x 13.2x
RIO Rio Tinto Plc ▶ $146.97B 4.6x –
FCX Freeport-Mcmoran Inc ▶ $99.86B 41.6x 5.0x
VALE Vale S.A. ▶ $55.75B – 0.7x
HBM Hudbay Minerals Inc. ▲ $10.47B 11.1x –
MP Mp Materials Corp. / De ▲ $7.15B – 3.7x
CLF Cleveland-Cliffs Inc. ▲ $6.91B – 1.2x
USAR Usa Rare Earth, Inc. ▲ $3.95B – 1.6x
ERO Ero Copper Corp. ▲ $3.56B 8.7x –
ALM Almonty Industries Inc. ▲ $2.84B – –
NEXA Nexa Resources S.A. ▲ $1.66B – –
IE Ivanhoe Electric Inc. ▲ $1.38B 11.2x 2.6x
USAS Americas Gold & Silver Corp ▲ $1.21B – –
CRML Critical Metals Corp. ▲ $1.02B – –
SGML Sigma Lithium Corp ▲ $950M – –
RBTK Zhen Ding Resources Inc. ▼ $886M – –
ASM Avino Silver & Gold Mines Ltd ▲ $823M 19.0x –
LAC Lithium Argentina Ag ▲ $793M – –
GSM Ferroglobe Plc ▲ $753M – –
DC Dakota Gold Corp. ▲ $739M – 4.0x
THM International Tower Hill Mines Ltd ▲ $568M – 3.4x
ALOY Realloys Inc. ▲ $499M – 2.6x
NB Niocorp Developments Ltd ▲ $456M – 1.1x
WRN Western Copper & Gold Corp ▲ $410M 23.1x –
LZM Lifezone Metals Ltd ▲ $256M – –
REA Rare Earths Americas, Inc. ▲ $144M – 1.7x
COBA Chilean Cobalt Corp. ▼ $133M – 28.5x
LCGMD Lion Copper Corp. ▼ $105M – 5.1x
PZG Paramount Gold Nevada Corp. ▲ $91M – 2.7x
THMG Thunder Mountain Gold Inc ▶ $77M – –
LCGMF Lion Copper Corp. ▼ $62M – 3.0x
AEC Anfield Energy Inc. ▶ $56M – –
NEXM Nexmetals Mining Corp. ▶ $52M 1.5x –
WWR Westwater Resources, Inc. ▲ $52M – 0.3x
COPR Idaho Copper Corp ▼ $49M – 4.3x
SRGZ Star Gold Corp. ▲ $32M – 12.5x
DYNR Dynaresource, Inc. ▼ $19M 4.9x 4.5x
LTUM Lithium Corp ▲ $6M – –
LBSR Liberty Star Uranium & Metals Corp. ▶ $4M – –
SVBL Silver Bull Resources, Inc. ▼ $3M – –
MAGE Magellan Copper & Gold Corp ▶ $2M – –
ARRT Artisan Consumer Goods, Inc. ▼ $1M – –
FUST Fuse Group Holding Inc. ▶ $1M – –
ENRT Enertopia Corp. ▲ $430K – 7.4x
ACRL Atacama Resources International, Inc. ▲ N/A – –
ADMG Adamant Dri Processing & Minerals Group ▼ N/A – –
AMLM American Lithium Minerals, Inc. ▲ N/A – –
BHLL Bunker Hill Mining Corp. ▶ N/A – –
GSTX Graphene & Solar Technologies Ltd ▼ N/A – –
HNOI Hno International, Inc. ▼ N/A – –
RYES Rise Gold Corp. ▼ N/A – –

Where TMC sits on the market map

Energy & Transportation · Metal Mining
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News

Tmc The Metals Co Inc. (TMC) stock news

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FAQ

Tmc The Metals Co Inc. (TMC) stock forecast FAQ

What is the Tmc The Metals Co Inc. (TMC) stock forecast?

Our AI ranks Tmc The Metals Co Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

How accurate are Tmc The Metals Co Inc. stock predictions?

For TMC, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -10.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -10.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Tmc The Metals Co Inc. forecasts updated?

Tmc The Metals Co Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are Tmc The Metals Co Inc.'s industry peers?

53 issuers in our coverage, TMC included, share the SEC industry code Metal Mining. The largest are: Bhp Group Ltd (BHP), Southern Copper Corp/ (SCCO), Rio Tinto Plc (RIO), Freeport-Mcmoran Inc (FCX), Vale S.A. (VALE), Hudbay Minerals Inc. (HBM).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.