Stock·NASDAQ·Basic Materials
TMC The Metals Company Inc. (TMC)
- Market cap
- $1.14B
- Dividend yield
- 0.00%
- Street target
- $10.00median of 6 analysts
- 52-week range
- $2.47 $10.05
The short version
Where TMC stands today, in four lines, and what CleaRank Financial AI makes of it.
TMC at a glance
TMC The Metals Company Inc. (TMC): Sell, 28/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($4.01 and $5.12).
- 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 17, 2026.
CleaRank Financial AI
CleaRank rates TMC The Metals Company Inc. (TMC) Sell, with a model score of 28/100.
The analysts' outlook lifts the score most: 6 of 6 analysts rate it a buy and the median target is 287.6% above the price. The trend holds it back most: the price is 49.65% below its 200-day average and 35.63% below its 50-day average, and the 50-day average is 21.79% below the 200-day. The 50-day average stands at $4.01 and the 200-day at $5.12. Over the past year the price fell 70.31%.
Only on CleaRank
Figures we compute ourselves from TMC's own price, earnings and insider-filing history. Tap one to see it in context.
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 $2.58 is 35.6% below the 50-day simple moving average of $4.01.Price above its 200-day average ›
The price is 49.7% below the 200-day simple moving average of $5.12.50-day average above the 200-day ›
The 50-day average ($4.01) is 21.8% below the 200-day average ($5.12), 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 $2.47 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.
Fundamentals
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 17, 2026, TMC trades at $2.58, with a market value of $1.14B 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 the company lost money over the last 12 months. Its trailing earnings stand at -$0.73 a share.
TMC turns sales into profit at a net margin of 0.00% and an operating margin of 0.00%. Its return on equity of -1.00% sits below the sector median of 17.9%. Our data reports no dividend.
The August 13, 2026 report showed EPS of -$0.12, against the -$0.05 analysts had expected, so the company missed the estimate by 140.00%. The shares dropped 9.07% in the next 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, a miss of 0.00%. Looking ahead, analysts expect EPS of -$0.4 this fiscal year and -$0.24 the year after.
TMC typically moves about 4.25% in a day. Until the price climbs back above its moving averages, the trend stays a headwind for holders. The price is 74.33% below the 52-week high of $10.05. Over the last 18 months insiders sold $16.1M of stock and bought $41.9M; sales of this kind are often planned ahead, so they tell less than purchases do.
TMC against the Basic Materials sector
How TMC compares with the median Basic Materials stock CleaRank tracks.
Return vs XLB: Since May 6, 2025, TMC has lost 16.5% against a gain of 21.7% for XLB.
Performance against XLB
TMC and the Basic Materials sector fund over the same days.
Revenue and earnings
How much TMC sells, and how much of it becomes profit.
Loss-making: TMC lost $320M in FY2025.
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 17, 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.
AI analysis and technicals
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 22.8, in oversold territory.RSI above 50 ›
An RSI of 22.8 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 AI analysis of TMC
The score, the reasoning behind it, and what could move the price next.
The trend for TMC points down, with the price of $2.58 49.65% below its 200-day average of $5.12 and 35.63% below its 50-day average of $4.01. The price sits near the bottom of its 52-week range, 4.45% above the low of $2.47 and 74.33% below the high of $10.05.
The 14-day RSI of 22.8 is in oversold territory, and the MACD line is negative. The record is negative across every period shown: the price fell 31.02% over the past three months, fell 51.50% over the past six months and fell 70.31% over the past year. Volume in the last session ran 40.2% below its average, on a day the price fell 3.37%.
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
- The two nearest levels matter most: the 20-day EMA at $3.37 sits above the price, and the 52-week low at $2.47 sits below it.
- With the 14-day RSI at 22.8, the stock is in the oversold zone and the MACD line is negative. Readings above 70 or below 30 signal stretched momentum.
- In the first session after the August 13, 2026 report, the share price dropped 9.07%. TMC has beaten estimates in 0 of the last 3 reports.
TMC is trading beneath both its 50-day ($4.01) and 200-day ($5.12) averages, and that placement is why the trend reads down. Getting back above the 50-day would be the first sign of recovery. The closest resistance above the current price is the 20-day EMA, at $3.37.
The 52-week low at $2.47 is the next level below. Momentum is washed out, with the RSI below the oversold line; a turn back above it would be an early sign of stabilising.
Technical indicators
Momentum and trend for TMC, from its daily closes.
As of October 17, 2026, with TMC at $2.58, its 14-day RSI is 22.8 (oversold territory), its 50-day simple moving average is $4.01 and its 200-day is $5.12.
Calculated by CleaRank on daily closes as of October 17, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
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 17, 2026, TMC's 1-year correlation of daily returns is +0.31 with S&P 500 (SPY), +0.33 with Nasdaq 100 (QQQ), +0.43 with Bitcoin (BTC) and +0.25 with gold (XAU).
What Wall Street expects
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 287.6% 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, $2.58, 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 |
| Apr 20, 2026 | Wedbush | Reiterates | Outperform |
As of October 17, 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, with a median of $10.00, 287.6% above the price of $2.58.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
A trade plan, if you want one
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 4.2% 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.
The long record
TMC's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
1/4Average daily move under 2% ›
The price has moved 4.25% 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 ›
59% 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 $2,741.76, against $18,374 in the S&P 500 (SPY).
TMC Drawdowns & Recovery
As of October 17, 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 59% 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: $2,741.76 against $18,374.
A $10,000 investment in TMC in September 2021 would be worth about $2,742 today with dividends reinvested, compared with about $18,374 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.
Long-term scenarios
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 10-year Monte Carlo simulation projects that a $10,000 investment in TMC today could grow to about $4,190 by 2036 in the base case, with a 90th-percentile outcome near $31,786 and a 10th-percentile outcome around $552. Projections are statistical simulations, not guarantees.
TMC Stock Price Prediction: 2030
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $1.82 for TMC by 2030 in the base case, from $2.58 today (0.7x over 4 years). The 10th-percentile path ends near $0.5057. 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 | $1.25 | $2.37 | $4.49 | |
| 2028 | $0.876 | $2.17 | $5.37 | |
| 2029 | $0.655 | $1.99 | $6.03 | |
| 2030 | $0.5057 | $1.82 | $6.56 | |
| 2031 | $0.3985 | $1.67 | $7.00 |
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.
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.
Insider buying: Insiders bought $41.9M on the open market and sold $16.1M.
As of October 17, 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 |
|---|---|---|---|---|
| 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
Questions people ask
Answered from the figures on this page, as of October 17, 2026.