TMC the metals (TMC) Projected to Post Earnings on Thursday

TMC the metals (NASDAQ:TMC) is projected to post its Q2 2026 results after the market closes on Thursday, August 13th. Analysts expect the company to post earnings of ($0.0633) per share for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 13, 2026 at 4:30 PM ET.

TMC the metals (NASDAQ:TMC) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.01. On average, analysts expect TMC the metals to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

TMC the metals Stock Up 1.8%

TMC opened at $4.02 on Thursday. TMC the metals has a 52 week low of $3.40 and a 52 week high of $11.35. The business’s 50 day moving average is $4.55 and its two-hundred day moving average is $5.38. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of -5.09 and a beta of 2.06.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. HC Wainwright restated a “buy” rating and set a $11.75 target price on shares of TMC the metals in a research report on Tuesday, June 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of TMC the metals in a research report on Friday, July 17th. Wedbush increased their price target on shares of TMC the metals from $8.00 to $10.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Wall Street Zen raised shares of TMC the metals from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 16th. Finally, Maxim Group began coverage on shares of TMC the metals in a research note on Thursday, June 4th. They issued a “buy” rating and a $10.00 price objective on the stock. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $10.58.

Insider Buying and Selling at TMC the metals

In other news, Director Brendan May sold 20,768 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $6.42, for a total value of $133,330.56. Following the transaction, the director owned 193,346 shares of the company’s stock, valued at approximately $1,241,281.32. The trade was a 9.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 28.50% of the company’s stock.

Institutional Investors Weigh In On TMC the metals

Several hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. acquired a new position in TMC the metals in the 1st quarter valued at $211,000. Geode Capital Management LLC lifted its stake in shares of TMC the metals by 79.6% in the 2nd quarter. Geode Capital Management LLC now owns 330,823 shares of the company’s stock worth $2,183,000 after acquiring an additional 146,650 shares during the period. Creative Planning acquired a new stake in shares of TMC the metals in the 2nd quarter worth $76,000. Cetera Investment Advisers purchased a new stake in shares of TMC the metals in the second quarter valued at about $168,000. Finally, Quantbot Technologies LP acquired a new position in shares of TMC the metals during the second quarter worth about $48,000. 4.39% of the stock is owned by institutional investors and hedge funds.

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. Its products are used in electric vehicles (EV), renewable energy storage markets, EV wiring, energy transmission, manganese alloy production required for steel production, and other applications.