Wedbush Forecasts TMC the metals’ Q1 Earnings (NASDAQ:TMC)

TMC the metals company Inc. (NASDAQ:TMC) – Analysts at Wedbush issued their Q1 2026 earnings per share (EPS) estimates for shares of TMC the metals in a research note issued on Friday, March 28th. Wedbush analyst D. Ives expects that the company will post earnings per share of ($0.04) for the quarter. Wedbush currently has a “Neutral” rating and a $4.00 target price on the stock. The consensus estimate for TMC the metals’ current full-year earnings is ($0.22) per share. Wedbush also issued estimates for TMC the metals’ Q2 2026 earnings at ($0.04) EPS, Q3 2026 earnings at ($0.04) EPS and Q4 2026 earnings at ($0.02) EPS.

Separately, Alliance Global Partners began coverage on TMC the metals in a research report on Wednesday, January 15th. They set a “buy” rating and a $3.75 price target on the stock.

TMC the metals Stock Up 1.2 %

Shares of NASDAQ:TMC opened at $1.72 on Monday. The business’s 50 day moving average is $1.78 and its 200 day moving average is $1.27. The stock has a market cap of $557.73 million, a P/E ratio of -5.55 and a beta of 1.52. TMC the metals has a 52-week low of $0.72 and a 52-week high of $2.55.

TMC the metals (NASDAQ:TMC) last announced its earnings results on Thursday, March 27th. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.01. The firm had revenue of ($20.18) million during the quarter.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. First Manhattan CO. LLC. grew its holdings in TMC the metals by 115.2% in the fourth quarter. First Manhattan CO. LLC. now owns 18,726,800 shares of the company’s stock worth $20,974,000 after purchasing an additional 10,025,000 shares during the last quarter. Jane Street Group LLC increased its position in TMC the metals by 7,330.9% during the 4th quarter. Jane Street Group LLC now owns 1,345,812 shares of the company’s stock valued at $1,507,000 after buying an additional 1,364,424 shares in the last quarter. Old West Investment Management LLC raised its stake in TMC the metals by 168.0% in the fourth quarter. Old West Investment Management LLC now owns 2,135,038 shares of the company’s stock valued at $2,391,000 after buying an additional 1,338,423 shares during the last quarter. Shay Capital LLC boosted its holdings in TMC the metals by 965.6% in the fourth quarter. Shay Capital LLC now owns 932,404 shares of the company’s stock worth $1,044,000 after acquiring an additional 844,904 shares in the last quarter. Finally, Tidal Investments LLC grew its stake in shares of TMC the metals by 32.6% during the third quarter. Tidal Investments LLC now owns 485,332 shares of the company’s stock worth $514,000 after acquiring an additional 119,335 shares during the last quarter. Hedge funds and other institutional investors own 4.39% of the company’s stock.

About TMC the metals

TMC the metals company Inc, a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean.