HC Wainwright Increases TMC the metals (NASDAQ:TMC) Price Target to $11.75

TMC the metals (NASDAQ:TMC) had its price target raised by investment analysts at HC Wainwright from $7.50 to $11.75 in a research report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. HC Wainwright’s target price points to a potential upside of 24.47% from the stock’s current price.

Several other research firms have also weighed in on TMC. Wedbush reaffirmed an “outperform” rating and set a $11.00 price objective on shares of TMC the metals in a report on Thursday. Weiss Ratings reissued a “sell (d-)” rating on shares of TMC the metals in a report on Wednesday. Finally, Zacks Research raised TMC the metals from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 13th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $11.38.

TMC the metals Price Performance

Shares of TMC the metals stock opened at $9.44 on Friday. The firm has a market capitalization of $3.90 billion, a PE ratio of -12.26 and a beta of 1.85. The company’s fifty day moving average price is $6.92 and its two-hundred day moving average price is $6.62. TMC the metals has a 52-week low of $1.42 and a 52-week high of $11.35.

TMC the metals (NASDAQ:TMC) last announced its quarterly earnings results on Thursday, November 13th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.08). Analysts predict that TMC the metals will post -0.22 earnings per share for the current fiscal year.

Insider Buying and Selling at TMC the metals

In other TMC the metals news, insider Anthony O’sullivan sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $6.77, for a total transaction of $338,500.00. Following the transaction, the insider owned 2,025,667 shares of the company’s stock, valued at $13,713,765.59. The trade was a 2.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 27.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On TMC the metals

Several institutional investors and hedge funds have recently modified their holdings of TMC. Goldman Sachs Group Inc. acquired a new position in TMC the metals in the 1st quarter valued at $211,000. Swiss National Bank bought a new position in TMC the metals in the 2nd quarter valued at about $2,940,000. Mirador Capital Partners LP raised its position in TMC the metals by 306.1% during the third quarter. Mirador Capital Partners LP now owns 449,990 shares of the company’s stock valued at $2,866,000 after purchasing an additional 339,174 shares in the last quarter. Mission Wealth Management LP acquired a new position in shares of TMC the metals during the 2nd quarter worth $1,980,000. Finally, XTX Topco Ltd raised its stake in TMC the metals by 80.5% during the second quarter. XTX Topco Ltd now owns 306,920 shares of the company’s stock worth $2,026,000 after acquiring an additional 136,916 shares in the last quarter. 4.39% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting TMC the metals

Here are the key news stories impacting TMC the metals this week:

• Positive Sentiment: TMC’s U.S. subsidiary submitted a consolidated NOAA application expanding its expected commercial recovery permit area to ~65,000 km² in the Clarion‑Clipperton Zone — a material step toward securing permits needed for large‑scale nodule recovery. TMC USA Files First Consolidated Deep-Seabed Mining Application
• Positive Sentiment: HC Wainwright raised its price target to $11.75 and moved to a “buy” rating, signaling institutional optimism and providing fresh analyst support for upside. HC Wainwright Price Target Raise
• Positive Sentiment: Wedbush reaffirmed an “outperform” rating with an $11 target, adding to the analyst momentum behind the stock. Wedbush Rating
• Positive Sentiment: A Seeking Alpha analysis highlights a large resource base and economic studies valuing TMC projects at an after‑tax NPV (~$23.6B) well above current market cap, underpinning bullish investor narratives about long‑term value. TMC: Ride Path To Deep-Sea Mining Success
• Positive Sentiment: Bloomberg Law reports TMC prevailed in a suit over its debt accounting fix — a legal win that reduces near‑term corporate governance/legal overhang. TMC Beats Investor Suit
• Neutral Sentiment: Unusually large options activity (≈55,600 calls) indicates speculative or directional interest from traders; this can amplify moves but is not a fundamental change.
• Neutral Sentiment: Policy headlines on the potential to speed U.S. deep‑sea mining permits create a favorable regulatory backdrop but timing and rulemaking remain uncertain. Streamlined U.S. Deep-Sea Mining Permits

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. 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.