Stock·NASDAQ·Basic Materials
TMC The Metals Company Inc. (TMC)
- Market cap
- $1.05B
- Dividend yield
- None
- Street target
- $10.00median of 6 analysts
- 52-week range
- $2.34 $10.05
TMC stock forecast today
Where TMC stands today, and what CleaRank Financial AI makes of it.
TMC at a glance
TMC The Metals Company Inc. (TMC): Sell, 29/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($3.78 and $4.99).
- Earnings TMC has not beaten estimates in any of its last 3 quarters.
- Insiders Insiders sold $16.1M and bought $41.9M over the last 18 months.
Figures as of October 26, 2026.
CleaRank Financial AI
CleaRank rates TMC The Metals Company Inc. (TMC) Sell, with a model score of 29/100.
The analysts' outlook lifts the score most: 6 of 6 analysts rate it a buy and the median target is 318.4% above the price. The trend holds it back most: the price is 52.10% below its 200-day average and 36.82% below its 50-day average, and the 50-day average is 24.19% below the 200-day. The 50-day average stands at $3.78 and the 200-day at $4.99. Over the past year the price fell 66.48%.
Only on CleaRank
Figures we compute ourselves from TMC's own price, earnings and insider-filing history. Tap one to see it in context.
TMC stock price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
0/4Price above its 50-day average ›
The price of $2.39 is 36.8% below the 50-day simple moving average of $3.78.Price above its 200-day average ›
The price is 52.1% below the 200-day simple moving average of $4.99.50-day average above the 200-day ›
The 50-day average ($3.78) is 24.2% below the 200-day average ($4.99), the arrangement of a falling longer-term trend.In the upper half of its 52-week range ›
The price sits at 1% of its 52-week range, between $2.34 and $10.05.
TMC share price
Pick a period: each tab shows how far TMC has moved over it, to the last close.
Today's trading
Where TMC sits inside today's range and its 52-week range.
TMC fundamentals and valuation
Valuation against the sector, and the revenue and earnings behind it.
Valuation and quality checks
0/1Beat estimates in most recent reports ›
TMC beat the EPS estimate in 0 of its last 3 reports.
Key statistics
The headline figures for TMC.
As of October 26, 2026, TMC trades at $2.39, with a market value of $1.05B and no P/E ratio (its trailing earnings are negative).
What the numbers say
CleaRank Financial AI's reading of TMC's valuation, growth and risks.
TMC The Metals Company Inc. (TMC) cannot be valued on a P/E basis, since that measure is not meaningful when earnings per share over the last 12 months are negative. Its trailing earnings stand at -$0.73 a share.
Our data reports no dividend.
TMC's latest report, released on August 13, 2026, showed EPS of -$0.12, below the -$0.05 that analysts had forecast. That shortfall was a worse outcome than expected, and the shares dropped 9.07% in the following session.
TMC has not beaten the EPS estimate in any of its last 3 reports. Earlier, the stock fell 5.08% after the May 14, 2026 report, in line with the estimate. Looking ahead, analysts expect EPS of -$0.40 this fiscal year and -$0.24 the year after.
TMC typically moves about 4.32% in a day, and its beta against the S&P 500 is 1.91. While the price stays under its moving averages, the trend is a headwind for anyone holding the shares. The price is 76.22% below the 52-week high of $10.05. Over the last 18 months insiders sold $16.1M of stock and bought $41.9M; sales like these are frequently planned ahead or tied to tax on vesting shares, which makes them a weaker signal than open-market purchases.
Earnings reality check
Did TMC beat what analysts expected, and how did the stock react?
Earnings record: TMC did not beat the analyst estimate in the last 3 quarters.
| Report | Estimate | Actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Aug 13, 2026after close | -$0.05 | -$0.12 | -140.00% | -9.07% | -9.98% |
| May 14, 2026after close | -$0.05 | -$0.05 | +0.00% | -5.08% | -7.88% |
| Nov 13, 2025after close | -$0.05 | -$0.46 | -820.00% | -1.74% | +0.77% |
As of October 26, 2026, TMC has beaten the analyst EPS estimate in 0 of its last 3 reported quarters; its latest report, on August 13, 2026, came in 140.00% below the estimate and the stock moved -9.07% in the first session.
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
TMC AI analysis and technical indicators
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
0/3RSI not overbought or oversold ›
The 14-day RSI is 21.9, in oversold territory.RSI above 50 ›
An RSI of 21.9 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank Financial AI analysis of TMC
The score, the reasoning behind it, and what could move the price next.
TMC is in a downtrend: the price of $2.39 sits 52.10% below its 200-day average of $4.99 and 36.82% below its 50-day average of $3.78. Near the floor of its 52-week range, the stock is 2.14% above the low of $2.34, yet 76.22% below the high of $10.05.
The 14-day RSI of 21.9 is in oversold territory, and the MACD line is negative. The recent returns are all negative: the price fell 36.77% over the past three months, fell 54.04% over the past six months and fell 66.48% over the past year. Volume in the last session ran 39.2% below its average, on a day the price fell 1.65%.
New analyst coverage ›
Maxim Group started coverage at Buy on June 4, 2026.
Source: Analyst action, Maxim Group, June 4, 2026
Earnings miss ›
The August 13, 2026 report missed the EPS estimate by 140.00%, and the share price fell 9.07% in the first session after it.
Source: Earnings report, August 13, 2026
- Keep an eye on the two closest levels: the 20-day EMA at $2.98 overhead and the 52-week low at $2.34 underneath.
- With a 14-day RSI of 21.9, TMC is in the oversold zone, and its MACD line is negative. Readings above 70 or below 30 point to stretched momentum.
- Shares dropped 9.07% in the first session after the August 13, 2026 report. TMC has beaten estimates in 0 of the last 3 reports.
TMC is trading beneath both its 50-day ($3.78) and 200-day ($4.99) averages, and that placement is why the trend reads down. Repair would first show up as a reclaim of the 50-day average. The closest level overhead is the 20-day EMA, at $2.98.
The next level below the price is the 52-week low of $2.34. With the RSI under the oversold threshold, momentum looks exhausted; if the RSI climbs back above that line, it would be an early hint that the decline is leveling off.
Technical indicators
Momentum and trend for TMC, from its daily closes.
As of October 26, 2026, with TMC at $2.39, its 14-day RSI is 21.9 (oversold territory), its 50-day simple moving average is $3.78 and its 200-day is $4.99.
Calculated by CleaRank on daily closes as of October 26, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26). How we calculate these
What TMC moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 26, 2026, TMC's 1-year correlation of daily returns is +0.31 with S&P 500 (SPY), +0.34 with Nasdaq 100 (QQQ), +0.44 with Bitcoin (BTC) and +0.25 with gold (XAU).
TMC price target and analyst forecast
The analysts' target range and how their ratings split.
Analysts checks
2/3Most analysts rate it a buy ›
6 of 6 analysts rate it a buy or strong buy, 0 a hold and 0 a sell.Median target above the price ›
The median 12-month target of $10.00 is 318.4% above the price.More buy ratings than three months ago ›
6 of 6 rate it a buy now, against 6 of 6 three months ago.
TMC Wall Street View
12-month price targets
The price, $2.39, sits below every analyst's target.
Ratings
Recent rating actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Jun 4, 2026 | Maxim Group | Initiates | Buy |
| Jun 2, 2026 | HC Wainwright & Co. | Reiterates | Buy |
| May 4, 2026 | Wedbush | Maintains | Outperform |
As of October 26, 2026, 6 Wall Street analysts cover TMC: 6 rate it a buy or strong buy, 0 a hold and 0 a sell or strong sell. Their 12-month price targets range from $10.00 to $12.30. The median TMC price target is $10.00, 318.4% above the price of $2.39.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
TMC trade plan: entry, stop loss and targets
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
TMC trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Short entry pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
TMC moves about 4.3% a day on average, so a stop can fill well past its level. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much TMC tends to move, against the market and on its own.
TMC price history and drawdowns
TMC's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
2/4Average daily move under 2% ›
The price has moved 4.32% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 94.7%, from September 2021 to December 2022, regained by October 2025.Most 1-year holds ended higher ›
58% of 1-year holding periods in the last 5 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in September 2021 is now worth $2,540, against $18,425 in the S&P 500 (SPY).
TMC Drawdowns & Recovery
As of October 26, 2026, TMC's worst peak-to-trough fall over the last 5 years with dividends reinvested was -94.7% (September 2021 to December 2022); it regained that peak by October 2025, 34 months after the low, and 58% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into TMC in September 2021 is worth now, against the same amount in the S&P 500.
Against the market: TMC trailed the S&P 500 over this period: $2,539.85 against $18,425.
A $10,000 investment in TMC in September 2021 would be worth about $2,540 today with dividends reinvested, compared with about $18,425 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to TMC, and which have not.
Strongest month, January: an average of +23.96%, up in 4 of 5 years.
Weakest month, December: an average of -15.68%, up in 1 of 5 years.
This month, October: has averaged -12.43%, up in 1 of 5 years. Past seasonality does not repeat on schedule.
Over the last 5 years, TMC's strongest calendar month has been January (average +23.96%, up in 4 of 5 years) and its weakest December (average -15.68%, up in 1 of 5 years).
Average return for each calendar month over the last 5 years, from weekly closing prices with dividends included.
TMC stock price prediction 2030
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in TMC, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 4-year Monte Carlo simulation, based on 5 years of price history, projects that a $10,000 investment in TMC today could grow to about $6,964 by 2030 in the base case, with a 90th-percentile outcome near $25,086 and a 10th-percentile outcome around $1,933. Projections are statistical simulations, not guarantees.
TMC Stock Price Prediction 2030: Simulated Scenarios
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $1.66 for TMC by 2030 in the base case, from $2.39 today (0.7x over 4 years). The 10th-percentile path ends near $0.462. These are outcomes of a Monte Carlo simulation run on TMC's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $1.15 | $2.18 | $4.14 | |
| 2028 | $0.8058 | $1.99 | $4.94 | |
| 2029 | $0.6005 | $1.82 | $5.53 | |
| 2030 | $0.462 | $1.66 | $6.00 |
Method: a lognormal simulation of TMC's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles. How the simulation works
TMC insider trading
What the people running the company have bought and sold.
TMC insider trading
Shares the company's directors and officers bought and sold, from their own filings.
Month by month
Open-market purchases above the line, sales below.
Net insider buying: Insiders bought $41.9M on the open market and sold $16.1M.
As of October 26, 2026, TMC insiders reported 7 open-market sales worth $16.1M and 2 open-market purchases worth $41.9M over the last 18 months; grants and option exercises are not counted.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Sep 28, 2026 | Liam M. Mallon
Director
|
Grant | 103.2K | - |
| Jul 1, 2026 | Allseas Group, S.a.
Beneficial Owner of more than 10% of a Class of Security
|
Buy | 7.3M | $31.9M |
| Jun 2, 2026 | Brendan May
Director
|
Sell | 20.8K | $133.3K |
| May 29, 2026 | Andrew Carlyle Greig
Director
|
Grant | 36.8K | - |
| May 29, 2026 | Andrew Hall
Director
|
Grant | 34.8K | - |
| May 29, 2026 | Andrei Karkar
Director and Beneficial Owner of more than 10% of a Class of Security
|
Grant | 34.4K | - |
| May 29, 2026 | Sheila Khama
Director
|
Grant | 33.8K | - |
| May 29, 2026 | Christian Madsbjerg
Director
|
Grant | 35.6K | - |
| May 29, 2026 | Brendan May
Director
|
Grant | 16.5K | - |
| Apr 13, 2026 | Gerard Barron
Chief Executive Officer
|
Grant | 816.3K | - |
| Apr 13, 2026 | Erika Ilves
Officer
|
Grant | 453.5K | - |
| Apr 13, 2026 | Craig Shesky
Chief Financial Officer
|
Grant | 453.5K | - |
| Mar 26, 2026 | Craig Shesky
Chief Financial Officer
|
Sell | 345.6K | $1.6M |
| Mar 20, 2026 | Craig Shesky
Chief Financial Officer
|
Grant | 562.5K | - |
| Feb 10, 2026 | Craig Shesky
Chief Financial Officer
|
Option | 63.2K | $41.1K |
| Feb 6, 2026 | Andrei Karkar
Director and Beneficial Owner of more than 10% of a Class of Security
|
Option | 31.6K | $20.5K |
| Feb 6, 2026 | Christian Madsbjerg
Director
|
Option | 43.2K | $26.6K |
| Feb 3, 2026 | Andrei Karkar
Director and Beneficial Owner of more than 10% of a Class of Security
|
Option | 63.7K | $33.1K |
| Jan 8, 2026 | Andrew Carlyle Greig
Director
|
Option | 622.1K | $1.5M |
| Dec 2, 2025 | Anthony O'Sullivan
Officer
|
Sell | 100.0K | $664.0K |
| Sep 24, 2025 | Erika Ilves
Officer
|
Option | 1.6M | $1.0M |
| Sep 23, 2025 | Erika Ilves
Officer
|
Grant | 2.0M | - |
| Sep 23, 2025 | Anthony O'Sullivan
Officer
|
Grant | 1.0M | - |
| Sep 22, 2025 | Erika Ilves
Officer
|
Sell | 1.6M | $9.2M |
| Sep 2, 2025 | Michael Bernard Hess
Director
|
Grant | 7.7M | - |
| Sep 2, 2025 | Alexander Benjamin Spiro
Director
|
Grant | 1.8M | - |
| Aug 26, 2025 | Anthony O'Sullivan
Officer
|
Sell | 585.1K | $3.3M |
| Aug 26, 2025 | Anthony O'Sullivan
Officer
|
Option | 250.0K | $162.5K |
| Jun 26, 2025 | Brendan May
Director
|
Sell | 69.2K | $521.4K |
| Jun 4, 2025 | Andrew Hall
Director
|
Grant | 66.5K | - |
| May 30, 2025 | Andrew Carlyle Greig
Director
|
Grant | 43.9K | - |
| May 30, 2025 | Andrew Hall
Director
|
Grant | 41.8K | - |
| May 30, 2025 | Andrei Karkar
Director and Beneficial Owner of more than 10% of a Class of Security
|
Grant | 41.3K | - |
| May 30, 2025 | Sheila Khama
Director
|
Grant | 28.3K | - |
| May 30, 2025 | Christian Madsbjerg
Director
|
Grant | 42.6K | - |
| May 30, 2025 | Brendan May
Director
|
Grant | 22.4K | - |
| May 30, 2025 | Amelia Kinahoi Siamomua
Director
|
Grant | 5.5K | - |
| May 22, 2025 | Allseas Group, S.a.
Beneficial Owner of more than 10% of a Class of Security
|
Buy | 2.3M | $10.0M |
| May 21, 2025 | Anthony O'Sullivan
Officer
|
Sell | 164.3K | $738.3K |
Source: TwelveData, from reported insider filings
TMC stock forecast: questions people ask
Answered from the figures on this page, as of October 26, 2026.