Comstock Inc.

NYSEAM:LODE Stock Report

Market Cap: US$264.9m

Comstock Future Growth

Future criteria checks 2/6

Comstock is forecast to grow earnings and revenue by 123.1% and 86.6% per annum respectively while EPS is expected to grow by 131.1% per annum.

Key information

123.1%

Earnings growth rate

131.08%

EPS growth rate

Oil and Gas earnings growth11.3%
Revenue growth rate86.6%
Future return on equityn/a
Analyst coverage

Low

Last updated13 May 2026

Recent future growth updates

Recent updates

Narrative Update • Apr 21

LODE: Solar Recycling Facilities And Recent Equity Raise Will Drive Upside

Analysts kept their $5.38 price target on Comstock unchanged, citing consistent assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E as the basis for their steady outlook. What's in the News Comstock entered a Cooperation Agreement with MAK Capital One LLC, expanding the board to 8 directors and appointing Donald A.
Narrative Update • Apr 06

LODE: Solar Recycling Buildout And Recent Equity Raise Will Drive Upside

Analysts have raised their price target on Comstock to $5.38 from $5.38, citing updated assumptions that now reference expectations of very large revenue growth, a profit margin of about 40.50% and a forward P/E of roughly 8.69x. What's in the News MAK Capital One LLC entered into a Cooperation Agreement with Comstock Inc., leading to an expanded 8 member board and the appointment of three new directors, with two current directors expected to retire after the 2027 annual meeting (Key Developments).
Narrative Update • Mar 23

LODE: Fully Permitted Solar Recycling Platform And Equity Raise Will Drive Upside

Analysts have maintained their $5.38 price target for Comstock, citing consistent assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Comstock and Comstock Metals reported delivery of key precision equipment to the Silver Springs, Nevada facility for a solar panel recycling line designed for up to 100,000 tons of material per year, with commissioning activities outlined through early April and operations planned for the second quarter, alongside permit work for a second facility in Clark County, Nevada (Key Developments).
Narrative Update • Mar 07

LODE: Solar Recycling Facilities And Equity Raise Will Drive Upside

Analysts have kept their $5.38 price target on Comstock unchanged, reflecting steady views on fair value, discount rate, revenue growth assumptions, profit margin outlook, and future P/E expectations. What's in the News Precision equipment for Comstock Metals’ solar panel recycling line has started arriving at the Silver Springs, Nevada facility.
Narrative Update • Feb 21

LODE: New Equity Raise And Recycling Facilities Will Support Future Upside

Analysts kept their $5.38 price target for Comstock unchanged, reflecting consistent assumptions on fair value, discount rate, revenue outlook, profit margin, and future P/E multiple. What's in the News Comstock completed a follow on equity offering of common stock, raising about US$50.0 million by issuing 18,181,819 shares at US$2.75, with a discount of US$0.1925 per share (Follow on Equity Offerings).
Narrative Update • Feb 06

LODE: New Equity And Solar Recycling Facilities Will Support Future Upside

Analysts have kept their price target for Comstock steady at about $5.38, citing largely unchanged views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Comstock completed a follow on equity offering of about US$50.0m, issuing 18,181,819 common shares at US$2.75 each with a US$0.1925 discount per share.
Narrative Update • Jan 22

LODE: Debt Elimination And New Facility Funding Will Support Recycling Execution

Analysts have lifted their price target on Comstock to US$6.75, highlighting the company’s debt elimination and anticipated funding for its first commercial-scale metal recycling facility as key reasons for a more positive outlook. Analyst Commentary Bullish Takeaways Bullish analysts point to the upgraded price target of US$6.75 as reflecting a more constructive view on how debt elimination and new capital could support execution on current plans.
Narrative Update • Jan 08

LODE: Debt Elimination Positions First Metal Recycling Facility For Future Execution

Narrative Update on Comstock Analysts have raised their 12 month price target for Comstock to US$6.75, citing the completed equity offering, elimination of debt obligations, and expected funding for Comstock Metals' first commercial scale metal recycling facility as key reasons for the shift in outlook. Analyst Commentary Recent research has focused on how Comstock's cleaner balance sheet and planned metal recycling facility could influence execution risk and potential valuation over the coming year.
Narrative Update • Dec 23

LODE: Debt Elimination Will Fund First Commercial Metal Recycling Facility

Analysts have raised their price target on Comstock to $6.75, citing the company’s markedly improved balance sheet following its recent equity offering and the enhanced prospects for funding its first commercial scale metal recycling facility as key drivers of a stronger long term growth outlook. Analyst Commentary Bullish analysts highlight that the recent equity offering has removed a key overhang on Comstock’s capital structure, creating a cleaner balance sheet that supports a higher valuation multiple relative to peers with higher leverage.
Narrative Update • Dec 09

LODE: Debt Elimination Will Support First Commercial Recycling Facility Funding

Analysts have raised their price target on Comstock to $6.75, citing the company’s debt elimination and its strengthened ability to fund its first commercial scale metal recycling facility as key drivers of an improved growth outlook. Analyst Commentary Bullish analysts view the recent debt elimination as a structural improvement that reduces financial risk and supports a higher valuation multiple, citing a cleaner balance sheet as a key driver behind the upgraded price target of $6.75.
Narrative Update • Nov 25

LODE: Debt Elimination Will Enable First Large-Scale Facility Launch By 2026

Analysts have raised Comstock's price target to $6.75, citing a strengthened financial position following recent debt elimination and increased confidence in the company's growth strategy. Analyst Commentary Recent analyst updates reflect a balanced perspective on Comstock's outlook following its debt elimination and strategic equity raise.
Narrative Update • Nov 10

LODE: Stronger Financial Position Will Drive Major Facility Launch By 2026

Narrative Update on Comstock: Analyst Price Target Raised Analysts have increased Comstock's fair value estimate from $4.00 to $5.38, citing stronger financial positioning and improved long-term growth prospects following recent debt elimination and expansion plans. Analyst Commentary Bullish Takeaways Bullish analysts believe that the recent elimination of debt positions Comstock on firmer financial ground, reducing risk and enabling greater flexibility for future initiatives.
Narrative Update • Aug 19

Solar Recycling And Sustainable Fuels Will Open Global Markets

Comstock's consensus analyst price target has sharply declined alongside a dramatic drop in its future P/E ratio, suggesting significant downward revisions to growth expectations despite a notable increase in net profit margin, resulting in a new fair value of $4.00. What's in the News Comstock completed a $30 million follow-on equity offering through the sale of 13,333,334 common shares at $2.25 per share, with a discount of $0.1575 per share, and also filed for a follow-on equity offering including common stock and pre-funded warrants.
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New Narrative • Aug 03

Solar Recycling And Sustainable Fuels Will Open Global Markets

Accelerating growth in recycling and sustainable fuels, backed by integrated IP, partnerships, and global policy alignment, strengthens Comstock's competitive position and margin sustainability.

Earnings and Revenue Growth Forecasts

NYSEAM:LODE - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2028168N/AN/A831
12/31/20278420N/A302
12/31/202619-26N/A-262
3/31/20261-43-43-25N/A
12/31/20252-43-35-24N/A
9/30/20253-53-30-23N/A
6/30/20253-55-20-18N/A
3/31/20253-56-16-15N/A
12/31/20243-53-15-14N/A
9/30/20242-23-13-12N/A
6/30/202425-26-13N/A
3/31/202428-27-14N/A
12/31/202319-28-14N/A
9/30/20231-19-27-12N/A
6/30/20230-37-14-11N/A
3/31/20230-45-15-12N/A
12/31/20220-46-15-12N/A
9/30/20221-42-16-14N/A
6/30/20221-47-13-12N/A
3/31/20221-39-10-9N/A
12/31/20211-25-8-7N/A
9/30/20211-11-7-6N/A
6/30/2021016-7-7N/A
3/31/2021023-6-6N/A
12/31/2020015-4-4N/A
9/30/2020018-3-2N/A
6/30/202001-2-1N/A
3/31/20200-2-4-2N/A
12/31/20190-4N/A-2N/A
9/30/20190-6N/A-3N/A
6/30/20190-8N/A-3N/A
3/31/20190-9N/A-4N/A
12/31/20180-9N/A-4N/A
9/30/20180-9N/A-5N/A
6/30/20180-10N/A-5N/A
3/31/20180-10N/A-6N/A
12/31/20170-11N/A-7N/A
9/30/20170-12N/A-4N/A
6/30/20172-12N/A-3N/A
3/31/20173-12N/A-4N/A
12/31/20165-13N/A-3N/A
9/30/20167-15N/A-7N/A
6/30/201610-21N/A-7N/A
3/31/201614-20N/A-4N/A
12/31/201518-16N/A-3N/A
9/30/201523-12N/A1N/A
6/30/201525-6N/A0N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LODE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LODE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LODE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LODE's revenue (86.6% per year) is forecast to grow faster than the US market (11.7% per year).

High Growth Revenue: LODE's revenue (86.6% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if LODE's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 07:36
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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

Comstock Inc. is covered by 5 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.

AnalystInstitution
Michael LeggLadenburg Thalmann & Company
Mark La ReichmanNOBLE Capital Markets, Inc.
Brian PostRoth Capital Partners