Should I Buy TRX? TRX 2026 Analysis

Should You Buy TRX Gold Corp (TRX) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

2.180

1 Day change

12.95%

52 Week Range

2.800

Analysis Updated At

2026/01/26

TRX Gold Corp is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company is benefiting from rising gold prices, strong financial growth, and positive analyst sentiment. Despite a slight dip in net income, the overall outlook is bullish, supported by technical indicators and a favorable market environment.

Technical Analysis

The technical indicators for TRX are bullish. The MACD is positive and expanding, the RSI is neutral at 77.14, and the moving averages (SMA_5 > SMA_20 > SMA_200) indicate an upward trend. The pre-market price is $1.30, up 14.04%, signaling strong momentum.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Gold prices have surged 87% since early 2025, reaching an all-time high above $4,900, boosting TRX's profitability.
TRX Gold achieved record revenue of $25.1 million in Q1 2026 and plans to fund a $30 million plant expansion through internal cash flow.
Analysts have consistently raised price targets, with the latest target at $1.50, reflecting confidence in the company's growth.

Neutral/Negative Catalysts

Net income dropped significantly to -$4.17 million in Q1 2026, down 524.87% YoY.
The stock shows a 70% chance of minor short-term price fluctuations, with a -0.15% change expected in the next day.

Financial Performance

In Q1 2026, TRX Gold's revenue increased by 100.49% YoY to $25.1 million, and gross margin improved to 56.54%, up 46.97% YoY. However, net income dropped significantly to -$4.17 million, and EPS remained flat at -0.01.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts are bullish on TRX Gold. H.C. Wainwright recently raised the price target to $1.50, citing higher commodity prices. Roth Capital also raised its target to $1.25, highlighting record results and operational improvements. Analysts maintain a Buy rating, reflecting confidence in the company's growth potential.

3 Analyst Rating

Wall Street analysts forecast TRX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TRX is 1.47 USD with a low forecast of 1.25 USD and a high forecast of 1.75 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

0 Hold

0 Sell

Strong Buy

Current: 1.930

Low

1.25

Averages

1.47

High

1.75

Current: 1.930

Low

1.25

Averages

1.47

High

1.75

H.C. Wainwright

Heiko Ihle

Buy

maintain

AI Analysis

2026-01-16

Reason

H.C. Wainwright

Heiko Ihle

Price Target

AI Analysis

2026-01-16

maintain

Buy

Reason

H.C. Wainwright analyst Heiko Ihle raised the firm's price target on TRX Gold to $1.50 from $1.40 and keeps a Buy rating on the shares. The firm cites higher prices in its commodity price deck for the target bump.

Roth Capital

Mike Niehuser

Buy

maintain

2025-12-12

Reason

Roth Capital

Mike Niehuser

Price Target

2025-12-12

maintain

Buy

Reason

Roth Capital analyst Mike Niehuser raised the firm's price target on TRX Gold to $1.25 from 85c and keeps a Buy rating on the shares. The company achieved record results for most of the metrics in Q4, resulting in a strong finish to FY25 ending August 31, 2025, the analyst tells investors in a research note. By investing cash flow in expanding and optimizing operations and mine development, TRX increased throughput and maintained record levels of gold production, the firm added.

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TRX Should I Buy

TRX Should I Buy

Should You Buy TRX Gold Corp (TRX) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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