Teck Resources (TECK) Stock Forecast, Price Target & Predictions
TECK Stock Forecast
Teck Resources stock forecast is as follows: an average price target of $40.31 (represents a -14.47% downside from TECK’s last price of $47.13) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.
TECK Price Target
The average price target for Teck Resources (TECK) is $40.31 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $55.70 to $27.00. This represents a potential -14.47% downside from TECK's last price of $47.13.
TECK Analyst Ratings
According to 15 Wall Street analysts, Teck Resources's rating consensus is 'Buy'. The analyst rating breakdown for TECK stock is 1 'Strong Buy' (6.67%), 12 'Buy' (80.00%), 2 'Hold' (13.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Teck Resources Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Mar 07, 2022 | Greg Barnes | TD Securities | $55.70 | $38.74 | 43.79% | 18.19% |
| Mar 01, 2022 | Bryce Adams | CIBC | $39.79 | $36.47 | 9.10% | -15.58% |
| Feb 28, 2022 | Alexander Hacking | Citigroup | $41.38 | $35.53 | 16.46% | -12.20% |
| Feb 28, 2022 | Lawson Winder | Bank of America Securities | $51.72 | $35.53 | 45.58% | 9.75% |
| Feb 24, 2022 | Sam Crittenden | RBC Capital | $41.38 | $34.43 | 20.18% | -12.20% |
| Feb 24, 2022 | Matt Murphy | Barclays | $31.83 | $34.43 | -7.55% | -32.46% |
| Jan 31, 2022 | Dalton Baretto | Canaccord Genuity | $37.40 | $30.51 | 22.58% | -20.64% |
| Nov 16, 2021 | Timna Tanners | Wolfe Research | $36.60 | $26.80 | 36.58% | -22.33% |
| Jul 28, 2021 | Nathan Martin | Benchmark Co. | $27.00 | $22.28 | 21.18% | -42.71% |
The latest Teck Resources stock forecast, released on Mar 07, 2022 by Greg Barnes from TD Securities, set a price target of $55.70, which represents a 43.79% increase from the stock price at the time of the forecast ($38.74), and a 18.19% increase from TECK last price ($47.13).
Teck Resources Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $47.13 | $47.13 | $47.13 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Teck Resources stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Teck Resources's last price of $47.13. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 09, 2024 | Wolfe Research | Outperform | Outperform | Hold |
| Oct 08, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Oct 02, 2024 | Citigroup | Neutral | Neutral | Hold |
| Sep 27, 2024 | Raymond James | Outperform | Outperform | Hold |
| Sep 04, 2024 | UBS | Neutral | Buy | Upgrade |
| Jul 25, 2024 | Raymond James | Outperform | Outperform | Hold |
| Jul 25, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jul 25, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 15, 2024 | National Bank | Outperform | Outperform | Hold |
| Jul 15, 2024 | Scotiabank | Outperform | Outperform | Hold |
Teck Resources's last stock rating was published by Wolfe Research on Oct 09, 2024. The company gave TECK a "Outperform" rating, the same as its previous rate.
Teck Resources Financial Forecast
Teck Resources Revenue Forecast
| Jan 28 | Oct 27 | Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.67B | $5.79B | $5.03B | $4.41B | $3.97B | $2.56B | $2.55B | $2.56B | $2.29B |
| Avg Forecast | $3.92B | $3.82B | $3.73B | $3.64B | $2.97B | $3.25B | $2.74B | $2.80B | $2.69B | $2.92B | $2.49B | $2.51B | $2.36B | $2.77B | $3.98B | $4.11B | $4.11B | $3.64B | $3.50B | $4.09B | $3.41B | $4.43B | $5.60B | $4.97B | $4.44B | $3.66B | $2.65B | $2.62B | $2.53B | $2.35B |
| High Forecast | $4.36B | $4.26B | $4.15B | $4.05B | $3.31B | $3.62B | $3.05B | $3.12B | $2.99B | $3.25B | $2.77B | $2.89B | $2.64B | $3.09B | $4.42B | $4.57B | $4.32B | $3.71B | $3.89B | $4.55B | $3.80B | $4.43B | $5.60B | $4.97B | $4.44B | $3.66B | $2.65B | $2.62B | $2.53B | $2.35B |
| Low Forecast | $3.54B | $3.46B | $3.37B | $3.29B | $2.69B | $2.94B | $2.47B | $2.53B | $2.43B | $2.64B | $2.25B | $2.28B | $2.10B | $2.51B | $3.59B | $3.71B | $3.98B | $3.55B | $3.16B | $3.70B | $3.08B | $4.43B | $5.60B | $4.97B | $4.44B | $3.66B | $2.65B | $2.62B | $2.53B | $2.35B |
| # Analysts | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 9 | 13 | 9 | 8 | 7 | 13 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.03% | 1.01% | 0.99% | 1.09% | 0.96% | 0.97% | 1.01% | 0.98% |
Teck Resources's average Quarter revenue forecast for Jan 23 based on 2 analysts is $3.41B, with a low forecast of $3.08B, and a high forecast of $3.80B. TECK's average Quarter revenue forecast represents a -26.96% decrease compared to the company's last Quarter revenue of $4.67B (Sep 22).
Teck Resources EBITDA Forecast
| Jan 28 | Oct 27 | Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 9 | 13 | 9 | 8 | 7 | 13 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.76B | $3.25B | $2.95B | $2.37B | $1.90B | $819.00M | $909.00M | $466.00M | $511.00M |
| Avg Forecast | $1.48B | $1.45B | $1.41B | $1.38B | $1.13B | $1.23B | $1.04B | $1.06B | $1.02B | $1.10B | $941.30M | $949.62M | $892.61M | $1.05B | $1.51B | $2.85B | $1.56B | $1.38B | $1.32B | $2.59B | $-120.60M | $1.69B | $2.14B | $2.77B | $1.70B | $1.40B | $1.01B | $893.00M | $967.41M | $897.77M |
| High Forecast | $1.65B | $1.61B | $1.57B | $1.54B | $1.25B | $1.37B | $1.15B | $1.18B | $1.13B | $1.23B | $1.05B | $1.09B | $1.00B | $1.17B | $1.68B | $3.42B | $1.64B | $1.40B | $1.47B | $3.11B | $-96.48M | $1.69B | $2.14B | $3.33B | $1.70B | $1.40B | $1.01B | $1.07B | $967.41M | $897.77M |
| Low Forecast | $1.34B | $1.31B | $1.28B | $1.25B | $1.02B | $1.11B | $936.72M | $958.43M | $920.77M | $998.08M | $850.71M | $864.66M | $794.47M | $949.01M | $1.36B | $2.28B | $1.51B | $1.35B | $1.20B | $2.07B | $-144.72M | $1.69B | $2.14B | $2.22B | $1.70B | $1.40B | $1.01B | $714.40M | $967.41M | $897.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.52% | 1.07% | 1.40% | 1.36% | 0.81% | 1.02% | 0.48% | 0.57% |
2 analysts predict TECK's average Quarter EBITDA for Jan 23 to be $-120.60M, with a high of $-96.48M and a low of $-144.72M. This is -106.87% lower than Teck Resources's previous annual EBITDA (Sep 22) of $1.76B.
Teck Resources Net Income Forecast
| Jan 28 | Oct 27 | Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 9 | 13 | 9 | 8 | 7 | 13 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-222.00M | $1.68B | $1.57B | $1.52B | $816.00M | $260.00M | $305.00M | $-473.00M | $25.00M |
| Avg Forecast | $468.46M | $547.95M | $547.46M | $559.27M | $311.50M | $272.34M | $273.05M | $285.68M | $299.02M | $303.74M | $249.19M | $248.98M | $191.84M | $202.71M | $372.51M | $1.54B | $764.88M | $544.39M | $623.80M | $1.40B | $-423.92M | $863.58M | $1.72B | $1.50B | $1.29B | $753.39M | $347.59M | $305.00M | $196.35M | $131.89M |
| High Forecast | $537.22M | $628.38M | $627.81M | $641.36M | $357.22M | $312.32M | $313.13M | $327.61M | $342.91M | $348.33M | $285.77M | $611.12M | $341.04M | $232.47M | $373.94M | $1.85B | $870.90M | $823.23M | $715.36M | $1.68B | $-339.13M | $863.58M | $1.72B | $1.80B | $1.29B | $753.39M | $347.59M | $366.00M | $196.35M | $131.89M |
| Low Forecast | $409.85M | $479.40M | $478.97M | $489.31M | $272.53M | $238.27M | $238.89M | $249.94M | $261.61M | $265.74M | $218.01M | $-845.01M | $101.24M | $177.35M | $371.08M | $1.23B | $583.13M | $351.86M | $545.76M | $1.12B | $-508.70M | $863.58M | $1.72B | $1.20B | $1.29B | $753.39M | $347.59M | $244.00M | $196.35M | $131.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.26% | 0.97% | 1.05% | 1.18% | 1.08% | 0.75% | 1.00% | -2.41% | 0.19% |
Teck Resources's average Quarter net income forecast for Sep 22 is $863.58M, with a range of $863.58M to $863.58M. TECK's average Quarter net income forecast represents a -48.44% decrease compared to the company's last Quarter net income of $1.68B (Jun 22).
Teck Resources SG&A Forecast
| Jan 28 | Oct 27 | Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 9 | 13 | 9 | 8 | 7 | 13 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $87.00M | $55.00M | $160.00M | $102.00M | $74.00M | $68.00M | $55.00M | $80.00M | $51.00M |
| Avg Forecast | $91.87M | $89.67M | $87.52M | $85.42M | $69.73M | $76.24M | $64.18M | $65.67M | $63.09M | $68.38M | $58.29M | $58.80M | $55.27M | $65.02M | $93.21M | $157.21M | $96.35M | $85.25M | $82.02M | $142.92M | $73.09M | $98.71M | $124.97M | $152.86M | $99.04M | $81.53M | $59.14M | $55.00M | $56.46M | $52.39M |
| High Forecast | $102.25M | $99.79M | $97.40M | $95.07M | $77.60M | $84.84M | $71.43M | $73.08M | $70.21M | $76.11M | $64.87M | $67.78M | $61.93M | $72.36M | $103.74M | $188.66M | $101.31M | $86.90M | $91.28M | $171.51M | $87.71M | $98.71M | $124.97M | $183.43M | $99.04M | $81.53M | $59.14M | $66.00M | $56.46M | $52.39M |
| Low Forecast | $83.03M | $81.04M | $79.10M | $77.20M | $63.02M | $68.90M | $58.00M | $59.35M | $57.02M | $61.80M | $52.68M | $53.54M | $49.20M | $58.76M | $84.24M | $125.77M | $93.26M | $83.32M | $74.13M | $114.34M | $58.47M | $98.71M | $124.97M | $122.29M | $99.04M | $81.53M | $59.14M | $44.00M | $56.46M | $52.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | 0.44% | 1.05% | 1.03% | 0.91% | 1.15% | 1.00% | 1.42% | 0.97% |
Teck Resources's average Quarter SG&A projection for Jan 23 is $73.09M, based on 2 Wall Street analysts, with a range of $58.47M to $87.71M. The forecast indicates a -15.99% fall compared to TECK last annual SG&A of $87.00M (Sep 22).
Teck Resources EPS Forecast
| Jan 28 | Oct 27 | Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 9 | 13 | 9 | 8 | 7 | 13 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.42 | $3.12 | $2.93 | $2.85 | $1.53 | $0.49 | $0.57 | $-0.89 | $0.11 |
| Avg Forecast | $0.91 | $1.06 | $1.06 | $1.08 | $0.60 | $0.53 | $0.53 | $0.55 | $0.58 | $0.59 | $0.48 | $0.48 | $0.37 | $0.39 | $0.72 | $0.85 | $1.48 | $1.05 | $1.21 | $1.84 | $1.24 | $1.65 | $3.28 | $2.87 | $2.47 | $1.44 | $0.66 | $0.63 | $0.37 | $0.25 |
| High Forecast | $1.04 | $1.21 | $1.21 | $1.24 | $0.69 | $0.60 | $0.61 | $0.63 | $0.66 | $0.67 | $0.55 | $1.18 | $0.66 | $0.45 | $0.72 | $0.85 | $1.68 | $1.59 | $1.38 | $2.11 | $1.42 | $1.65 | $3.28 | $2.87 | $2.47 | $1.44 | $0.66 | $0.63 | $0.37 | $0.25 |
| Low Forecast | $0.79 | $0.93 | $0.93 | $0.95 | $0.53 | $0.46 | $0.46 | $0.48 | $0.51 | $0.51 | $0.42 | $-1.63 | $0.20 | $0.34 | $0.72 | $0.84 | $1.13 | $0.68 | $1.05 | $1.61 | $1.09 | $1.65 | $3.28 | $2.87 | $2.47 | $1.44 | $0.66 | $0.63 | $0.37 | $0.25 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.25% | 0.95% | 1.02% | 1.15% | 1.06% | 0.74% | 0.90% | -2.37% | 0.44% |
According to 1 Wall Street analysts, Teck Resources's projected average Quarter EPS for Sep 22 is $1.65, with a low estimate of $1.65 and a high estimate of $1.65. This represents a -47.16% decrease compared to TECK previous annual EPS of $3.12 (Jun 22).
Teck Resources Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LAC | Lithium Americas | $3.74 | $16.96 | 353.48% | Buy |
| VALE | Vale | $10.02 | $17.53 | 74.95% | Buy |
| RIO | Rio Tinto Group | $62.43 | $90.40 | 44.80% | Buy |
| MP | MP Materials | $18.02 | $23.57 | 30.80% | Buy |
| BHP | BHP Group | $52.68 | $47.80 | -9.26% | Hold |
| TECK | Teck Resources | $47.13 | $40.31 | -14.47% | Buy |
| PLL | Piedmont Lithium | $12.25 | $9.40 | -23.27% | Buy |