HMY trades at Wall Street's consensus target of —.
Last 12 months price action with 12-month analyst target path
The base valuation assumes HMY achieves its forward estimates and maintains a stable P/E multiple of 0.3x. This scenario reflects the blended consensus of 10 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 21, 2026, Harmony Gold Mining Company Limited (HMY) has a Wall Street consensus price target of N/A, based on estimates from 10 covering analysts. The company has a market capitalization of $10.62B.
Analyst price targets range from a low of N/A to a high of N/A.
The current analyst consensus rating is Hold, with 1 analysts rating the stock as a Buy or Strong Buy,7 rating it Hold, and 2 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, HMY trades at a trailing P/E of 12.2x and forward P/E of 0.3x. Analysts expect EPS to grow +19.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $529.21, with bear and bull scenarios of $333.40 and $697.29 respectively. Model confidence stands at 43/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
GFIGold Fields Limited | $34.5B | $38.60 | $59.13 | +53.2% | Hold | 6.9x | 18 |
AUAngloGold Ashanti Plc | $45.9B | $90.87 | $148.00 | +62.9% | Buy | 9.0x | 14 |
DRDDRDGOLD Limited | $2.1B | $24.37 | $46.50 | +90.8% | Buy | 0.4x | 5 |
SBSWSibanye Stillwater Limited | $6.8B | $9.67 | $21.40 | +121.3% | Hold | 0.2x | 12 |
HLHecla Mining Company | $10.7B | $15.96 | $23.35 | +46.3% | Hold | 19.0x | 26 |
NEMNewmont Corporation | $115.0B | $103.79 | $143.33 | +38.1% | Buy | 10.1x | 36 |
KGCKinross Gold Corporation | $31.9B | $26.67 | $45.33 | +70.0% | Buy | 8.8x | 29 |
AGIAlamos Gold Inc. | $15.3B | $36.34 | $60.00 | +65.1% | Buy | 13.2x | 13 |
EGOEldorado Gold Corporation | $6.5B | $33.05 | $52.67 | +59.4% | Hold | 8.2x | 24 |
IAGIAMGOLD Corporation | $9.9B | $16.88 | $29.50 | +74.8% | Buy | 7.0x | 29 |
Quick answers to the most common questions about buying HMY stock.
The consensus price target for HMY is $N/A, close to the current price of $17.01 (N/A% implied move). Based on 10 analyst estimates, the stock appears fairly valued near current levels.
HMY has a consensus rating of "Hold" based on 10 Wall Street analysts. The rating breakdown is leaning bearish, with 2 Sell/Strong Sell ratings. The consensus 12-month price target of $N/A implies N/A% upside from current levels.
With a forward P/E of 0.3419x, HMY trades at a relatively low valuation. The consensus target of $N/A implies N/A% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $N/A for HMY, while the most conservative target is $N/A. The consensus of $N/A represents the median expectation. Our quantitative valuation model projects a bull case target of $697 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
HMY is moderately covered, with 10 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 1 have Buy ratings, 7 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month HMY stock forecast based on 10 Wall Street analysts shows a consensus price target of $N/A, with estimates ranging from $N/A (bear case) to $N/A (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $529, with bear/bull scenarios of $333/$697.
Our quantitative valuation model calculates HMY's fair value at $529 (base case), with a bear case of $333 and bull case of $697. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 43/100.
HMY trades at a forward P/E ratio of 0.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 12.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
HMY appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $N/A target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
HMY analyst price targets range from $N/A to $N/A, a NaN% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $N/A consensus represents the middle ground. Our model's $333-$697 range provides an independent fundamental perspective.
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