Highlights

  • Consensus rating of Buy from 7 analysts: 7 Buy or equivalent, 0 Hold, 0 Sell or equivalent.
  • Mean price target of A$8.96 against a share price of A$6.96 on 8 October 2026, an implied upside of 28.7%.
  • Analyst targets range from A$6.50 to A$10.26.
  • The company said it achieved the higher end of FY26 Revenue and EBITDA guidance.

Chrysos Corporation (ASX:C79) carries a consensus analyst rating of Buy. Of the 7 analyst recommendations recorded, 7 are Buy or equivalent, 0 are Hold and 0 are Sell or equivalent. The mean price target is A$8.96, with targets ranging from A$6.50 to A$10.26, against a current share price of A$6.96 (8 October 2026). Chrysos Corporation Limited provides PhotonAssay, a technology for faster and more accurate gold analysis, through service labs and unit deployments in the Mining industry.

Company name

Chrysos Corporation

Ticker

(ASX:C79)

Exchange

ASX (Australian Securities Exchange)

Current share price

A$6.96

Price date

8 October 2026

Number of analysts

7

Rating consensus

Buy

Consensus price target (mean)

A$8.96

Highest target

A$10.26

Lowest target

A$6.50

Implied upside/downside to mean target

Implied upside of 28.7%

Latest developments

Chrysos Corporation (ASX:C79) presented its FY26 financial results on 11 August 2026. The company said it achieved the higher end of FY26 revenue and EBITDA guidance. Total revenue was $88.1 million, made up of MMAP revenue of $62.5 million, up 12%, and AAC revenue of $25.5 million, up 153%. AAC represented 29% of revenue, up from 15% in FY25. The EBITDA Margin was 31%, compared with 24% in FY25.

The company reported an operating cash inflow of $17.9 million, refinanced its Debt Facility arrangement and said it is funded to support an increased Manufacturing cadence of PhotonAssay units. Seven units were deployed in FY26 and six are currently deploying, bringing total contracted units to 87, including post-period leases. The group processed 11.3 million samples in FY26, up 67%, and monthly throughput surpassed a record of 1 million samples.

Quarterly PhotonAssay sample volumes grew about 2.4 times over the last 24 months, and the company noted that sample growth is outpacing fleet growth through higher utilisation, with hub labs able to support further demand, particularly in EMEA.

Sector context

The company describes continued conversion to PhotonAssay from conventional fire assay and industry activity as drivers of sample volumes, and presents PhotonAssay as a faster and more accurate analysis method for the gold sector. Demand for its services therefore relates to mining and exploration activity.

Risks and what to watch

Revenue depends on sample volumes and unit deployments, which relate to mining and exploration activity. Total contracted units of 87 include post-period leases, and the deployment of six units is still in progress. The company is increasing its manufacturing cadence, which requires capital. FY27 guidance is set out in the company's materials.

Next milestones

Items to watch include deployment of the six units currently deploying, sample volumes and utilisation, AAC growth, FY27 guidance delivery, and the company's half-year result.