Q1 Earnings Forecast for TMC the metals Issued By Wedbush

TMC the metals company Inc. (NASDAQ:TMC - Free Report) - Equities researchers at Wedbush issued their Q1 2026 earnings per share (EPS) estimates for shares of TMC the metals in a report released on Friday, March 28th. Wedbush analyst D. Ives expects that the company will earn ($0.04) per share for the quarter. Wedbush has a "Neutral" rating and a $4.00 price target 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 - Get Free Report) last posted its quarterly earnings data on Thursday, March 27th. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.01. The company had revenue of ($20.18) million during the quarter.

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

TMC the metals Price Performance

Shares of TMC traded up $0.01 during midday trading on Monday, hitting $1.95. The stock had a trading volume of 3,872,319 shares, compared to its average volume of 1,678,150. The firm has a market cap of $632.31 million, a price-to-earnings ratio of -6.29 and a beta of 1.52. The company has a 50 day simple moving average of $1.80 and a two-hundred day simple moving average of $1.29. TMC the metals has a twelve month low of $0.72 and a twelve month high of $2.55.

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Insider Buying and Selling

In other TMC the metals news, CFO Craig Shesky sold 353,702 shares of the business's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $1.66, for a total transaction of $587,145.32. Following the sale, the chief financial officer now directly owns 1,145,717 shares of the company's stock, valued at $1,901,890.22. The trade was a 23.59 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 30.00% of the stock is currently owned by corporate insiders.

Institutional Trading of TMC the metals

A number of hedge funds and other institutional investors have recently modified their holdings of TMC. Oppenheimer & Co. Inc. bought a new position in TMC the metals in the fourth quarter valued at approximately $28,000. Tidal Investments LLC boosted its holdings in shares of TMC the metals by 32.6% in the 3rd quarter. Tidal Investments LLC now owns 485,332 shares of the company's stock valued at $514,000 after buying an additional 119,335 shares during the last quarter. Virtu Financial LLC bought a new position in shares of TMC the metals in the third quarter valued at $44,000. SBI Securities Co. Ltd. acquired a new position in TMC the metals during the fourth quarter worth $94,000. Finally, Independent Advisor Alliance bought a new stake in TMC the metals during the fourth quarter worth $42,000. Institutional investors and hedge funds own 4.39% of the company's stock.

TMC the metals Company Profile

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.