Last week, you might have seen that Pilbara Minerals Limited (ASX:PLS) released its annual result to the market. The early response was not positive, with shares down 5.7% to AU$2.15 in the past week. Revenues were in line with expectations, at AU$769m, while statutory losses ballooned to AU$0.063 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.ASX:PLS Earnings and Revenue Growth August 27th 2025

After the latest results, the 17 analysts covering Pilbara Minerals are now predicting revenues of AU$949.9m in 2026. If met, this would reflect a major 24% improvement in revenue compared to the last 12 months. Losses are predicted to fall substantially, shrinking 78% to AU$0.014. Yet prior to the latest earnings, the analysts had been forecasting revenues of AU$908.2m and losses of AU$0.0035 per share in 2026. While this year's revenue estimates increased, there was also a sizeable expansion in loss per share expectations, suggesting the consensus has a bit of a mixed view on the stock.

See our latest analysis for Pilbara Minerals

The average price target rose 7.3% to AU$2.13, even thoughthe analysts have been updating their forecasts to show higher revenues and higher forecast losses. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Pilbara Minerals, with the most bullish analyst valuing it at AU$2.80 and the most bearish at AU$1.10 per share. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of Pilbara Minerals'historical trends, as the 24% annualised revenue growth to the end of 2026 is roughly in line with the 25% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 5.4% annually. So it's pretty clear that Pilbara Minerals is forecast to grow substantially faster than its industry.

Story Continues

The Bottom Line

The most important thing to take away is that the analysts increased their loss per share estimates for next year. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Pilbara Minerals going out to 2028, and you can see them free on our platform here.

We also provide an overview of the Pilbara Minerals Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock,  here.

Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

View Comments