Diamond Equity Analysts Reduce Earnings Estimates for ALM

Key Points

• Diamond Equity cut its Q1 2026 EPS estimate for Almonty to $0.00 (from $0.04) while raising its FY2026 EPS outlook to $0.45 and forecasting quarterly EPS growth through 2027.
• Other analysts are largely bullish—Oppenheimer and B. Riley raised price targets (to $19 and $23) and DA Davidson reaffirmed a Buy with a $25 target—leaving a MarketBeat consensus of Moderate Buy and a $18.38 price objective.
• Shares opened at $14.91, Almonty has a market cap of $4.18 billion and a trailing P/E of -25.71, with a one‑year trading range of $3.16 to $22.55.

Almonty Industries Inc. (NASDAQ:ALM - Free Report) - Equities research analysts at Diamond Equity reduced their Q1 2026 earnings per share estimates for Almonty Industries in a report issued on Wednesday, March 25th. Diamond Equity analyst H. Diamond now anticipates that the company will post earnings of $0.00 per share for the quarter, down from their prior estimate of $0.04. Diamond Equity also issued estimates for Almonty Industries' Q2 2026 earnings at $0.12 EPS, Q3 2026 earnings at $0.15 EPS, Q4 2026 earnings at $0.19 EPS, FY2026 earnings at $0.45 EPS, Q1 2027 earnings at $0.21 EPS, Q2 2027 earnings at $0.23 EPS, Q3 2027 earnings at $0.26 EPS and Q4 2027 earnings at $0.33 EPS.

Several other equities research analysts also recently weighed in on the stock. Oppenheimer increased their target price on shares of Almonty Industries from $16.00 to $19.00 and gave the stock an "outperform" rating in a research note on Friday, March 20th. B. Riley Financial boosted their price target on Almonty Industries from $17.00 to $23.00 and gave the company a "buy" rating in a research report on Friday, March 20th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Almonty Industries in a research note on Monday, December 29th. Finally, DA Davidson reaffirmed a "buy" rating and set a $25.00 price objective on shares of Almonty Industries in a research report on Thursday. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $18.38.

Almonty Industries Stock Performance

Shares of Almonty Industries stock opened at $14.91 on Monday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.76 and a current ratio of 3.89. The company has a market capitalization of $4.18 billion and a P/E ratio of -25.71. Almonty Industries has a 1 year low of $3.16 and a 1 year high of $22.55. The company's fifty day moving average is $15.32 and its two-hundred day moving average is $10.11.

Institutional Investors Weigh In On Almonty Industries

Institutional investors have recently added to or reduced their stakes in the business. Global Retirement Partners LLC acquired a new position in Almonty Industries during the 4th quarter worth approximately $35,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Almonty Industries by 30.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,333 shares of the company's stock valued at $38,000 after buying an additional 1,000 shares during the period. State of Wyoming purchased a new stake in shares of Almonty Industries in the fourth quarter valued at approximately $41,000. FNY Investment Advisers LLC purchased a new stake in shares of Almonty Industries in the third quarter valued at approximately $30,000. Finally, Banque Cantonale Vaudoise acquired a new position in Almonty Industries during the third quarter worth $54,000.

Key Headlines Impacting Almonty Industries

Here are the key news stories impacting Almonty Industries this week:

• Positive Sentiment: DA Davidson reaffirmed a Buy rating on ALM, which supports bullish investor sentiment and likely contributed to the stock's gains today. DA Davidson Reaffirms Buy Rating for Almonty Industries NASDAQ: ALM
• Positive Sentiment: Diamond Equity materially raised its FY2026 EPS outlook (to $0.45 from $0.23) and lifted several quarterly forecasts for 2026–2027, signaling analyst confidence in improving earnings power and providing a positive catalyst for the stock.
• Neutral Sentiment: Diamond Equity published a set of forward EPS projections for 2026–2027 (Q1–Q4 breakdowns and FY figures), giving investors a clearer earnings roadmap: Q1 2026 $0.00, Q2 2026 $0.12, Q3 2026 $0.15, Q4 2026 $0.19 and FY2026 $0.45, with continued quarterly growth forecast through 2027. This adds transparency but is forward‑looking. Analysts Set Expectations for ALM FY2027 Earnings
• Negative Sentiment: Diamond Equity lowered its Q1 2026 estimate to $0.00 from $0.04, a near‑term disappointment that highlights potential volatility early in the fiscal year and may cap near‑term upside if results miss these raised expectations.

Almonty Industries Company Profile

Almonty Industries is a Canada-based mining company focused on the production, development and acquisition of tungsten assets. The company’s principal business activity is the mining and processing of tungsten-bearing ore to produce tungsten concentrates for industrial customers. Almonty pursues both operating mines and advanced-stage development projects with the objective of supplying a critical raw material used in hardmetals, tooling, drilling and other industrial applications.

Almonty’s asset footprint has historically included operating and development projects in Europe and Asia.

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