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Pilbara Minerals
(Sydney:PLS)
Pilbara Minerals (PLS) vs. iShares MSCI Australia ETF (EWA)
Pilbara Minerals Business Overview & Revenue Model
Pilbara Minerals Earnings Call Summary
Pilbara Minerals Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 922.57M | 890.21M | 1.25B | 4.06B | 1.19B | 175.82M |
| Gross Profit | 147.42M | 331.56M | 477.81M | 3.27B | 794.07M | 12.58M |
| EBITDA | 133.21M | 75.31M | 593.86M | 3.51B | 783.52M | 21.28M |
| Net Income | -32.64M | -195.77M | 256.88M | 2.39B | 561.83M | -51.45M |
Balance Sheet | ||||||
| Total Assets | 4.18B | 4.67B | 4.31B | 5.20B | 1.98B | 949.72M |
| Cash, Cash Equivalents and Short-Term Investments | 1.17B | 974.54M | 1.63B | 3.34B | 591.74M | 99.71M |
| Total Debt | 634.42M | 682.21M | 555.74M | 471.95M | 291.96M | 166.97M |
| Total Liabilities | 1.01B | 1.14B | 1.07B | 1.81B | 686.36M | 375.48M |
| Stockholders Equity | 3.18B | 3.53B | 3.24B | 3.39B | 1.29B | 574.25M |
Cash Flow | ||||||
| Free Cash Flow | -916.52M | -508.13M | -1.25B | 3.04B | 506.40M | -20.36M |
| Operating Cash Flow | -80.98M | 146.22M | -440.22M | 3.43B | 634.72M | 130.00K |
| Investing Cash Flow | -774.22M | -698.11M | -827.51M | -407.96M | -204.53M | -230.79M |
| Financing Cash Flow | -119.70M | -98.06M | -392.74M | -284.19M | 58.42M | 251.33M |
Pilbara Minerals Technical Analysis
Pilbara Minerals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | AU$2.08B | 13.35 | 151.89% | 5.61% | 6.54% | 0.48% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | $12.30B | ― | -5.63% | ― | -38.69% | -174.12% | |
58 Neutral | AU$9.95B | ― | -26.55% | ― | -15.27% | -817.26% | |
56 Neutral | $5.10B | ― | -35.65% | ― | -37.23% | -32433.33% | |
52 Neutral | AU$3.04B | -12.24 | -7.26% | 5.48% | -2.30% | -234.27% |
Pilbara Minerals Corporate Events
Pilbara Minerals Limited has announced the quotation of 161,970 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective from October 24, 2025. This move is part of the company’s strategy to enhance its market presence and provide additional value to its stakeholders, reflecting its ongoing commitment to growth and expansion in the lithium mining sector.
The most recent analyst rating on (AU:PLS) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited has announced the details for its 2025 Annual General Meeting (AGM), scheduled for November 25, 2025, at the Perth Convention and Exhibition Centre, with an option for virtual attendance. This meeting provides an opportunity for shareholders to engage with the company’s leadership and discuss future strategies, reflecting Pilbara Minerals’ commitment to transparency and stakeholder engagement in its operations.
The most recent analyst rating on (AU:PLS) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals has outlined its strategic vision for the September Quarter FY26, emphasizing its commitment to supporting the global energy transition. The company aims to enhance its operational performance, fully realize the potential of its global assets, and diversify its revenue streams. This strategic focus is expected to strengthen its position in the battery materials supply chain and contribute to a sustainable energy future.
The most recent analyst rating on (AU:PLS) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals reported strong operational and financial performance for the September 2025 quarter, with a 30% increase in revenue to A$251 million, driven by higher realized pricing and stable production volumes. The company achieved significant cost reductions, with unit operating costs decreasing by 13% due to operational efficiencies and optimization initiatives, positioning it well despite expected seasonal challenges.
The most recent analyst rating on (AU:PLS) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited has announced the quotation of 131,313 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective from October 7, 2025. This move reflects the company’s ongoing efforts to enhance its capital structure and potentially strengthen its market position within the lithium industry, offering stakeholders an opportunity to engage with its growth trajectory.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.85 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited has announced the quotation of 96,588 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its financial flexibility and support its growth initiatives in the lithium market, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.85 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited announced the cessation of certain performance rights due to unmet conditions, impacting a total of 49,300 securities. This cessation reflects on the company’s operational adjustments and may influence its capital management strategy, potentially affecting investor perceptions and market positioning.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited announced the issuance of new unquoted securities, including performance rights, as part of an employee incentive scheme. This strategic move is aimed at aligning employee interests with company growth, potentially enhancing operational performance and reinforcing its market position in the lithium mining sector.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited (PLS) is set to release its September 2025 Quarterly Activities Report on 24 October, with an investor webcast and call scheduled for the same day. The event will provide insights into the company’s recent performance and strategic direction, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:PLS) stock is a Sell with a A$1.25 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited has announced the issuance of 74,155 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s ongoing efforts to enhance its financial flexibility and support its strategic initiatives in the rapidly evolving lithium market.
The most recent analyst rating on (AU:PLS) stock is a Hold with a A$2.30 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited announced the cessation of several performance rights due to unmet conditions, impacting a total of 285,581 securities. This development may affect the company’s operational strategies and stakeholder interests, as it reflects challenges in meeting performance targets or changing market conditions.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited has announced the quotation of new securities on the Australian Securities Exchange (ASX), with a total of 65,120 ordinary fully paid shares being issued on two separate dates in September 2025. This move is part of the company’s ongoing efforts to enhance its capital structure, potentially strengthening its financial position and market presence in the lithium mining sector.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited has announced that its Annual General Meeting will be held on November 25, 2025, with the deadline for director nominations set for September 22, 2025. This meeting is a significant event for stakeholders as it may influence the company’s strategic direction and leadership, impacting its operations and market positioning in the lithium industry.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited announced the quotation of new securities on the Australian Securities Exchange (ASX), with a total of 580,275 ordinary fully paid securities issued on September 3 and 4, 2025. This move is part of the company’s ongoing efforts to enhance its capital structure, potentially strengthening its market position and providing additional resources for future growth initiatives.
The most recent analyst rating on (AU:PLS) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited has announced the issuance of 947,254 performance rights set to expire on July 31, 2026, as part of an employee incentive scheme. This move is likely aimed at retaining talent and aligning employee interests with company performance, potentially impacting the company’s operational efficiency and market positioning.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited’s recent earnings call showcased a robust operational performance, marked by record production and cost improvements, yet tempered by challenges such as declining prices and cash flow concerns. The company’s strong financial position and strategic investments provide a solid foundation for future growth, although market volatility remains a notable concern.
Pilbara Minerals Limited has announced the quotation of 456,696 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective from August 26, 2025. This move is part of previously announced transactions and is likely to impact the company’s financial standing and market presence, potentially influencing stakeholder interests and the broader lithium market.
The most recent analyst rating on (AU:PLS) stock is a Hold with a A$2.30 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited has issued 456,696 fully paid ordinary shares without disclosure to investors under the Corporations Act 2001. The company confirms compliance with relevant legal provisions and states there is no excluded information required to be disclosed, indicating transparency and adherence to regulatory standards.
The most recent analyst rating on (AU:PLS) stock is a Hold with a A$2.30 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited has announced a proposed issue of 456,696 ordinary fully paid securities, with the issue date set for August 26, 2025. This move is likely to impact the company’s capital structure and could enhance its market positioning by providing additional funds for operational or strategic initiatives.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited (PLS) is a leading global producer of lithium, a critical mineral for the transition to sustainable energy, with operations centered around its flagship Pilgangoora Operation in Western Australia and strategic expansions in Brazil and South Korea.
Pilbara Minerals has announced significant advancements in its operations, including the commissioning of the world’s largest lithium ore sorter and an increase in production capacity through the P1000 Project. The company’s recent mineral resource update has resulted in a 23% increase in contained lithium, marking a record annual production of 755kt. Additionally, strategic moves such as the acquisition of the Colina Project in Brazil and key milestones in the South Korean lithium hydroxide JV plant highlight Pilbara Minerals’ efforts to diversify and strengthen its industry positioning. These developments are expected to enhance the company’s operational capabilities and market influence.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals reported a challenging FY25 with a 39% decline in revenue to $769 million, primarily due to a 43% drop in average realized prices, despite a 7% increase in sales volume. The company maintained strong operational performance with record production levels and completed significant capital investments, including the Pilgangoora expansion projects. Despite a statutory loss after tax of $196 million, Pilbara Minerals remains financially robust with a strong cash position and total liquidity of $1.6 billion. The company is focused on cost reduction and efficiency improvements through the P850 operating model and is well-positioned for future growth with its diversified portfolio and strategic initiatives.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals has released its 2025 Corporate Governance Statement, outlining its commitment to high corporate governance standards. The statement benchmarks the company’s practices against the ASX Corporate Governance Council’s Principles and Recommendations, emphasizing the importance of governance for sustainability and stakeholder satisfaction.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals Limited reported a significant decrease in revenue and profit for the fiscal year ending June 30, 2025, with revenue dropping by 39% and a net loss of $195.8 million compared to a profit in the previous year. The company did not declare any dividends for the period, reflecting challenging market conditions and operational adjustments. Despite these financial setbacks, Pilbara Minerals received recognition for its transparent reporting practices, earning awards for its annual and sustainability reports.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.
Pilbara Minerals has announced the completion of the Colina Mineral Resource estimate, following its acquisition of Latin Resources Limited. The estimate, which aligns with Pilbara’s reporting requirements, includes a total measured, indicated, and inferred mineral resource of 70.9 million tonnes at a grade of 1.25% lithium oxide, containing 890,000 tonnes of lithium oxide. This development is expected to enhance Pilbara’s resource base and strengthen its position in the lithium market, with further exploration drilling activities planned to potentially expand the resource base.
The most recent analyst rating on (AU:PLS) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.