Summary:
- Teck Resources (TECK, Financial) surpasses earnings expectations with significant revenue growth.
- Analysts project a potential upside of over 44% for TECK shares.
- Current valuations suggest a possible downside based on GF Value estimates.
Teck Resources (TECK) has announced its Q1 2025 financial results, revealing a Non-GAAP EPS of C$0.60. This performance exceeded market expectations by C$0.26, demonstrating robust financial health. With revenue reaching C$2.29 billion, there is a remarkable year-over-year increase of 41.4%. Teck's operational efficiency is further evidenced by an adjusted EBITDA of C$927 million and a 7% boost in copper production, reaching 106,100 tonnes. These figures highlight the company’s ability to maintain solid operational performance amid fluctuating market conditions.
Wall Street Analysts Forecast
Analyst insights provide an optimistic outlook for Teck Resources Ltd (TECK, Financial). The one-year price targets from 14 analysts average at $50.35, with estimates spanning a high of $63.83 to a low of $40.33. This average target suggests a potential upside of 44.36% from the current share price of $34.88. For investors seeking more detailed estimate data, please visit the Teck Resources Ltd (TECK) Forecast page.
Furthermore, the consensus recommendation from 15 brokerage firms positions Teck Resources Ltd (TECK, Financial) at an average rating of 1.9, categorizing it as "Outperform." This rating, based on a scale from 1 (Strong Buy) to 5 (Sell), suggests confidence in the stock’s future performance.
However, according to GuruFocus estimates, the one-year GF Value for Teck Resources Ltd (TECK, Financial) is projected at $29.27. This indicates a potential downside of 16.08% from the current price of $34.88. GF Value represents GuruFocus' fair value estimation for the stock, derived from historical trading multiples, past growth trajectories, and forward-looking performance estimates. For a comprehensive analysis, investors can refer to the Teck Resources Ltd (TECK) Summary page.
