Q1 Earnings Estimate for TMC the metals Issued By Wedbush

TMC the metals company Inc. (NASDAQ:TMC) – Investment analysts at Wedbush issued their Q1 2026 earnings estimates for shares of TMC the metals in a research note issued to investors on Friday, March 28th. Wedbush analyst D. Ives anticipates 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.

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

Separately, Alliance Global Partners assumed coverage on shares of TMC the metals in a report on Wednesday, January 15th. They issued a “buy” rating and a $3.75 price target for the company.

TMC the metals Stock Down 3.5 %

Shares of NASDAQ TMC opened at $1.66 on Monday. The business has a 50-day simple moving average of $1.78 and a two-hundred day simple moving average of $1.28. TMC the metals has a 52 week low of $0.72 and a 52 week high of $2.55. The company has a market cap of $538.28 million, a P/E ratio of -5.35 and a beta of 1.52.

Institutional Investors Weigh In On TMC the metals

Several hedge funds have recently added to or reduced their stakes in the company. Gray Wealth Management Inc. grew its stake in shares of TMC the metals by 59.7% during the fourth quarter. Gray Wealth Management Inc. now owns 23,700 shares of the company’s stock valued at $27,000 after buying an additional 8,863 shares during the last quarter. Oppenheimer & Co. Inc. purchased a new position in TMC the metals during the 4th quarter valued at $28,000. Raymond James Financial Inc. bought a new position in TMC the metals in the fourth quarter worth about $28,000. Independent Advisor Alliance bought a new position in shares of TMC the metals in the 4th quarter worth approximately $42,000. Finally, Virtu Financial LLC purchased a new position in TMC the metals during the third quarter valued at $44,000. 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.