St Barbara Future Growth

Future criteria checks 6/6

St Barbara is forecast to grow earnings and revenue by 99.1% and 43.7% per annum respectively. EPS is expected to grow by 99.1% per annum. Return on equity is forecast to be 33.8% in 3 years.

Key information

99.1%

Earnings growth rate

99.06%

EPS growth rate

Metals and Mining earnings growth	15.3%
Revenue growth rate	43.7%
Future return on equity	33.80%
Analyst coverage	Low
Last updated	29 Jun 2026

Recent future growth updates

Recent updates

Analysis Article • Aug 16

St Barbara Limited (ASX:SBM) Surges 27% Yet Its Low P/S Is No Reason For Excitement

ASX:SBM 1 Year Share Price vs Fair Value Explore St Barbara's Fair Values from the Community and select yours The St...

Analysis Article • Jun 16

St Barbara Limited (ASX:SBM) Surges 31% Yet Its Low P/S Is No Reason For Excitement

St Barbara Limited ( ASX:SBM ) shares have continued their recent momentum with a 31% gain in the last month alone. The...

Analysis Article • May 02

St Barbara Limited (ASX:SBM) Held Back By Insufficient Growth Even After Shares Climb 29%

St Barbara Limited ( ASX:SBM ) shares have had a really impressive month, gaining 29% after a shaky period beforehand...

Analysis Article • Mar 13

The Market Doesn't Like What It Sees From St Barbara Limited's (ASX:SBM) Revenues Yet As Shares Tumble 29%

Unfortunately for some shareholders, the St Barbara Limited ( ASX:SBM ) share price has dived 29% in the last thirty...

Analysis Article • Dec 24

Lacklustre Performance Is Driving St Barbara Limited's (ASX:SBM) 42% Price Drop

The St Barbara Limited ( ASX:SBM ) share price has fared very poorly over the last month, falling by a substantial 42...

Analysis Article • Oct 31

St Barbara Limited (ASX:SBM) Shares Fly 33% But Investors Aren't Buying For Growth

Despite an already strong run, St Barbara Limited ( ASX:SBM ) shares have been powering on, with a gain of 33% in the...

Analysis Article • Sep 16

Improved Revenues Required Before St Barbara Limited (ASX:SBM) Stock's 31% Jump Looks Justified

St Barbara Limited ( ASX:SBM ) shareholders have had their patience rewarded with a 31% share price jump in the last...

Analysis Article • Jun 24

St Barbara Limited (ASX:SBM) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough

St Barbara Limited ( ASX:SBM ) shares have retraced a considerable 29% in the last month, reversing a fair amount of...

Analysis Article • Apr 08

St Barbara Limited's (ASX:SBM) Price Is Right But Growth Is Lacking After Shares Rocket 31%

St Barbara Limited ( ASX:SBM ) shareholders would be excited to see that the share price has had a great month, posting...

Analysis Article • Oct 04

Analysts Have Just Cut Their St Barbara Limited (ASX:SBM) Revenue Estimates By 10%

Today is shaping up negative for St Barbara Limited ( ASX:SBM ) shareholders, with the analysts delivering a...

Analysis Article • Apr 21

St Barbara (ASX:SBM) Is Carrying A Fair Bit Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Earnings and Revenue Growth Forecasts

ASX:SBM - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2028	732	470	567	613	2
6/30/2027	628	337	305	457	2
6/30/2026	309	24	309	32	2
12/31/2025	247	-6	-106	-19	N/A
9/30/2025	231	-30	-130	-50	N/A
6/30/2025	216	-55	-154	-81	N/A
12/31/2024	184	-35	-121	-70	N/A
9/30/2024	191	-32	-105	-64	N/A
6/30/2024	198	-29	-90	-57	N/A
3/31/2024	254	-95	-69	-37	N/A
12/31/2023	285	-136	-47	-17	N/A
9/30/2023	305	-321	-40	17	N/A
6/30/2023	324	-507	-34	52	N/A
12/31/2022	25	-682	-54	75	N/A
9/30/2022	113	-468	-53	81	N/A
6/30/2022	201	-255	-51	88	N/A
3/31/2022	694	-180	-17	120	N/A
12/31/2021	707	-200	17	152	N/A
9/30/2021	724	-188	55	190	N/A
6/30/2021	740	-177	94	227	N/A
3/31/2021	782	-25	133	268	N/A
12/31/2020	824	127	173	308	N/A
9/30/2020	826	128	159	294	N/A
6/30/2020	828	128	145	280	N/A
3/31/2020	754	114	100	245	N/A
12/31/2019	680	100	55	211	N/A
9/30/2019	665	122	N/A	226	N/A
6/30/2019	650	144	N/A	241	N/A
3/31/2019	666	174	N/A	261	N/A
12/31/2018	682	204	N/A	282	N/A
9/30/2018	680	215	N/A	299	N/A
6/30/2018	679	227	N/A	316	N/A
3/31/2018	665	204	N/A	304	N/A
12/31/2017	652	181	N/A	292	N/A
9/30/2017	647	169	N/A	298	N/A
6/30/2017	642	158	N/A	303	N/A
3/31/2017	630	166	N/A	281	N/A
12/31/2016	618	174	N/A	259	N/A
9/30/2016	614	172	N/A	251	N/A
6/30/2016	610	169	N/A	243	N/A
12/31/2015	623	106	N/A	214	N/A
9/30/2015	586	64	N/A	164	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SBM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.6%).

Earnings vs Market: SBM is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SBM is expected to become profitable in the next 3 years.

Revenue vs Market: SBM's revenue (43.7% per year) is forecast to grow faster than the Australian market (6% per year).

High Growth Revenue: SBM's revenue (43.7% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SBM's Return on Equity is forecast to be high in 3 years time (33.8%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/05 21:58
End of Day Share Price	2026/07/03 00:00
Earnings	2025/12/31
Annual Earnings	2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

St Barbara Limited is covered by 14 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Stephen Thomas	Bell Potter
Reg Spencer	Canaccord Genuity
Kate McCutcheon	Citigroup Inc

St Barbara Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Price target increased by 21% to AU$1.23

Price target increased by 15% to AU$0.51

Forecast breakeven date pushed back to 2026

St Barbara Limited Provides Production Guidance for the Half Year of 2025 and Revises Production Guidance for the Full Year of 2025

Price target decreased by 11% to AU$0.41

Price target increased by 7.8% to AU$0.46

Recent updates

First half 2026 earnings released: EPS: AU$0 (vs AU$0.057 loss in 1H 2025)

St Barbara Limited (ASX:SBM) acquired 41 exploration licences along west of the Touquoy mine and east of Cochrane Hill deposit in Canada for CAD 0.4 million.

Price target increased by 21% to AU$1.23

St Barbara Limited, Annual General Meeting, Nov 20, 2025

St Barbara Limited has filed a Follow-on Equity Offering in the amount of AUD 58 million.

New major risk - Financial position

Price target increased by 15% to AU$0.51

Full year 2025 earnings released: AU$0.056 loss per share (vs AU$0.036 loss in FY 2024)

St Barbara Limited (ASX:SBM) Surges 27% Yet Its Low P/S Is No Reason For Excitement

New major risk - Revenue and earnings growth

New major risk - Financial position

St Barbara Limited (ASX:SBM) Surges 31% Yet Its Low P/S Is No Reason For Excitement

St Barbara Limited (ASX:SBM) Held Back By Insufficient Growth Even After Shares Climb 29%

New minor risk - Share price stability

Forecast breakeven date pushed back to 2026

The Market Doesn't Like What It Sees From St Barbara Limited's (ASX:SBM) Revenues Yet As Shares Tumble 29%

St Barbara Limited Provides Production Guidance for the Half Year of 2025 and Revises Production Guidance for the Full Year of 2025

First half 2025 earnings released: AU$0.057 loss per share (vs AU$0.052 loss in 1H 2024)

St Barbara Limited Provides an Update on the Installation and Commissioning of the MMD Sizer Crusher At Simberi

New major risk - Shareholder dilution

Price target decreased by 11% to AU$0.41

Lacklustre Performance Is Driving St Barbara Limited's (ASX:SBM) 42% Price Drop

New minor risk - Share price stability

St Barbara Limited has completed a Follow-on Equity Offering in the amount of AUD 100 million.

St Barbara Limited has completed a Follow-on Equity Offering in the amount of AUD 0.511851 million.

Price target increased by 7.8% to AU$0.46

New minor risk - Shareholder dilution

New minor risk - Share price stability

St Barbara Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million.

St Barbara Limited has filed a Follow-on Equity Offering in the amount of AUD 100 million.

St Barbara Limited (ASX:SBM) Shares Fly 33% But Investors Aren't Buying For Growth

Forecast breakeven date moved forward to 2025

Forecast breakeven date pushed back to 2027

Improved Revenues Required Before St Barbara Limited (ASX:SBM) Stock's 31% Jump Looks Justified

Price target increased by 11% to AU$0.25

St Barbara Limited, Annual General Meeting, Oct 23, 2024

Full year 2024 earnings: EPS and revenues miss analyst expectations

Forecast breakeven date pushed back to 2027

New minor risk - Profitability

No longer forecast to breakeven

St Barbara Limited to Report Q4, 2024 Results on Jul 30, 2024

High number of new and inexperienced directors

St Barbara Limited Announces Resignation of Stef Loader as Director

St Barbara Limited (ASX:SBM) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough

Consensus EPS estimates fall by 21%

Forecast to breakeven in 2025

New minor risk - Share price stability

Consensus EPS estimates fall by 166%

Consensus EPS estimates upgraded to AU$0.014 loss

Price target increased by 17% to AU$0.21

St Barbara Limited's (ASX:SBM) Price Is Right But Growth Is Lacking After Shares Rocket 31%

Price target decreased by 17% to AU$0.18

First half 2024 earnings released: AU$0.052 loss per share (vs AU$0.50 loss in 1H 2023)

New major risk - Revenue and earnings growth

New minor risk - Market cap size

Consensus EPS estimates upgraded to AU$0.01 loss

Forecast breakeven date pushed back to 2025

New minor risk - Profitability

Consensus EPS estimates fall from profit to AU$0.02 loss

Price target decreased by 17% to AU$0.22

New major risk - Revenue and earnings growth

Price target decreased by 24% to AU$0.27

Analysts Have Just Cut Their St Barbara Limited (ASX:SBM) Revenue Estimates By 10%

St Barbara Limited Announces Board Changes

Price target decreased by 7.8% to AU$0.36

MD, CEO & Director recently bought AU$94k worth of stock

Full year 2023 earnings released: AU$0.62 loss per share (vs AU$0.22 loss in FY 2022)

St Barbara Limited Announces Change of Company Secretary

Consensus estimates of losses per share improve by 12%