Market Cap
$1.7B
TMC
TMC the metals Co Inc.
$3.79 ▲ +0.80%
Prev close $3.76Market cap$1.7B
12-mo target$10.90 (+187.6%)
21 New Institutional Positions12 Institutional Exits Materials & Mining
Snapshot
The big-picture read on TMC right now — valuation, ownership and activity at a glance.
Cap Size
Small Cap
Inst. Holders
50 funds
Inst. Value
$236.0M
Inst. Activity
21 buys / 12 sells
Insider Activity
$0.00 buy / $1.7M sell
Insider Net $
-$1.7M
Social Sentiment
66° Warm
SEC Reports
4
Press Releases
4
Price chart 30d -13.9%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 11, 2026 Insider
Hall Andrew was granted 72,935 shares
Director
Aug 21, 2026 ftd
Aug 17, 2026 SEC FTD: TMC — 476,459 shares ($1.9M) failed to deliver
Settlement: 20260821, Price: $3.97, FTD Value: $1,891,542.23, TMC THE METALS CO INC COM (CAN
NOAA published a Notice of Intent in the Federal Register to prepare an Environmental Impact Statement for TMC's USA-B e
8-K — Impact 5/10
TMC reported Q2 2026 results with a net loss of $60.1M ($0.14/share), significantly wider than the consensus estimate of
8-K — Impact 6/10
Jul 1, 2026 Insider
Allseas Group S.A. bought 7,305,567 shares
10%+ Owner
Jun 30, 2026 Inst.
JANE STREET GROUP, LLC — TRIM
2,427,576 shares ($10.8M)
Jun 30, 2026 Inst.
MARSHALL WACE, LLP — TRIM
1,572,699 shares ($7.0M)
Jun 2, 2026 Insider
May Brendan sold 20,768 shares
Director @ $6.42 ($133.3K)
Analyst ratings buy % +4.5%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Jun 4, 2026 | Maxim Group | INITIATE | Buy | 43% |
| Jun 2, 2026 | HC Wainwright & Co. | REITERATE | Buy | 43% |
| May 4, 2026 | Wedbush | MAINTAIN | Outperform | 57% |
| Apr 20, 2026 | Wedbush | REITERATE | Outperform | 57% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 3 | 8 | 1 | 0 | 0 | 92% | |
| Aug 1, 2026 | 3 | 7 | 1 | 0 | 0 | 91% | |
| Jul 1, 2026 | 3 | 7 | 1 | 0 | 0 | 91% | |
| Jun 1, 2026 | 2 | 6 | 1 | 0 | 0 | 89% | |
| May 1, 2026 | 2 | 6 | 1 | 0 | 0 | 89% | |
| Apr 1, 2026 | 2 | 6 | 1 | 0 | 0 | 89% | |
| Mar 1, 2026 | 2 | 6 | 1 | 0 | 0 | 89% | |
| Feb 1, 2026 | 2 | 5 | 1 | 0 | 0 | 88% |
Price targets
Where 7 covering analysts think TMC trades over the next 12 months.
$10.90 +187.6% upside Strong Buy
Current$3.79 Low$10.00 Median$10.00 High$12.30 7 analysts
$10.00$12.30
Analyst rating Strong Buy· 1.5/5 as of Oct 2, 2026
Social media sentiment mood +40.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
66°
Warm
BearishNeutralBullish
Recent posts
TMC: Receipt of Consolidated Application for Deep Seabed Mining Exploration License and Commercial Recovery Permit
▲ 1 · 💬 5· ⚡ 0.5
Critical Minerals Stocks Are Preparing for Trump’s State Department Roundtable $TMC $RIO $BHP $FCX $MP $USAR $UUUU $UAMY
▲ 1 · 💬 0· ⚡ 0.5
Critical Minerals Stocks Are Preparing for Trump’s State Department Roundtable $TMC $RIO $BHP $FCX $MP $USAR $UUUU $UAMY
▲ 1 · 💬 0· ⚡ 0.5
Critical Minerals Stocks Are Preparing for Trump’s State Department Roundtable $TMC $RIO $BHP $FCX $MP $USAR $UUUU $UAMY
▲ 1 · 💬 0· ⚡ 0.5
# My $TMC Thesis — Master Document (July 2026)
▲ 1 · 💬 0· ⚡ 0.5
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
4 SEC filing reports analyzed · 1 bullish, 1 bearish, 0 mixed, 2 neutral · avg impact 4.5/10.Plus 4 press releases.
BULLISH8-K5/10
NOAA published a Notice of Intent in the Federal Register to prepare an Environmental Impact Stateme
Aug 17, 2026
BEARISH8-K6/10
TMC reported Q2 2026 results with a net loss of $60.1M ($0.14/share), significantly wider than the c
Aug 13, 2026
NEUTRALPRESS-RELEASE5/10
TMC reported Q1 2026 EPS of -$0.05, missing consensus of -$0.05 (in line) on a GAAP basis, with net
May 14, 2026
NEUTRALPRESS-RELEASE2/10
TMC announced a conference call scheduled for May 14, 2026 to discuss Q1 2026 financial results. No
May 7, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Aug 21, 2026
ftd
FTD: TMC — 476,459 shares ($1.9M) failed to deliver
Settlement: 20260821, Price: $3.97, FTD Value: $1,891,542.23, TMC THE METALS CO INC COM (CAN
Aug 20, 2026
ftd
FTD: TMC — 604,296 shares ($2.4M) failed to deliver
Settlement: 20260820, Price: $3.97, FTD Value: $2,399,055.12, TMC THE METALS CO INC COM (CAN
Aug 19, 2026
other
NOAA Publishes TMC USA’s Consolidated Application for an Exploration License and Commercial Recovery Permit for TMC USA-A in the Federal Register
NEW YORK, Aug. 19, 2026 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC”, “The Metals Company” or the “Company”), a leading develo
Aug 19, 2026
ftd
FTD: TMC — 206,874 shares ($0.8M) failed to deliver
Settlement: 20260819, Price: $3.92, FTD Value: $810,946.08, TMC THE METALS CO INC COM (CAN
Aug 17, 2026
other
NOAA Publishes Notice of Intent in the Federal Register to Prepare an Environmental Impact Statement for TMC USA’s USA-B Exploration License Application
NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), a leading developer of the world’s lar
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $-0.05 | $-0.05–$-0.05 | 89.1% | +9.1% | — | $0.0B | 1 |
| Next Q | $-0.07 | $-0.07–$-0.07 | 12.5% | +0.0% | — | $0.0B | 1 |
| Current FY | $-0.40 | $-0.51–$-0.30 | 51.8% | +14.0% | 0↑ 1↓ | $0.0B | 4 |
| Next FY | $-0.24 | $-0.33–$-0.14 | 40.0% | -33.3% | 0↑ 1↓ | $0.0B | 3 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $-0.050 | — |
| 7d ago | $-0.055 | +0.005 |
| 30d ago | $-0.055 | +0.005 |
| 60d ago | $-0.055 | +0.005 |
| 90d ago | $-0.050 | — |
Institutional ownership
Which big funds own TMC (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $236.0M total value (53,291,419 shares) as of 2026-Q2. Top holders: ROYAL, FIRST, CITADEL. Net buying activity: 21 institutions added/increased vs 12 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| ROYAL BANK OF CANADA | 100 | $0.00 | 0.0% | TRIM -45.0% |
| FIRST MANHATTAN CO. LLC. | 15,315,924 | $67.8M | 28.7% | — |
| CITADEL ADVISORS LLC | 3,275,718 | $14.5M | 6.1% | — |
| MILLENNIUM MANAGEMENT LLC | 2,935,946 | $13.0M | 5.5% | DOUBLED +103.5% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2,667,500 | $11.8M | 5.0% | — |
| Baird Financial Group, Inc. | 2,429,803 | $10.8M | 4.6% | — |
| JANE STREET GROUP, LLC | 2,427,576 | $10.8M | 4.6% | TRIM -65.2% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2,368,461 | $10.5M | 4.4% | — |
| TUDOR INVESTMENT CORP ET AL | 1,691,752 | $7.5M | 3.2% | DOUBLED +133.4% |
| MARSHALL WACE, LLP | 1,572,699 | $7.0M | 3.0% | TRIM -35.0% |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| JANE STREET GROUP, LLC | TRIM | 6,967,839 | 2,427,576 | -65.2% | $10.8M |
| MARSHALL WACE, LLP | TRIM | 2,419,946 | 1,572,699 | -35.0% | $7.0M |
| UBS Group AG | TRIM | 1,347,941 | 864,728 | -35.8% | $3.8M |
| Point72 Asset Management, L.P. | DOUBLED | 161,967 | 822,415 | +407.8% | $3.6M |
| GOLDMAN SACHS GROUP INC | TRIM | 820,177 | 479,112 | -41.6% | $2.1M |
| Trexquant Investment LP | DOUBLED | 86,033 | 458,586 | +433.0% | $2.0M |
| BALYASNY ASSET MANAGEMENT L.P. | DOUBLED | 194,234 | 445,420 | +129.3% | $2.0M |
| Walleye Capital LLC | TRIM | 1,196,793 | 344,674 | -71.2% | $1.5M |
| Amundi | DOUBLED | 44,186 | 320,673 | +625.7% | $1.4M |
| Walleye Trading LLC | ADD | 141,980 | 205,355 | +44.6% | $909.7K |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
10 insiders, 50 transactions. Net -$1.7M — $0.00 bought, $1.7M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 11, 2026 | Hall Andrew | Director | AWARD | 72,935 | — | — |
| Jul 1, 2026 | Allseas Group S.A. | 10%+ Owner | BUY | 7,305,567 | — | — |
| Jun 2, 2026 | May Brendan | Director | SELL | 20,768 | $6.42 | $133.3K |
| May 29, 2026 | Greig Andrew Carlyle | Director | AWARD | 20,292 | — | — |
| May 29, 2026 | Hall Andrew | Director | AWARD | 18,263 | — | — |
| May 29, 2026 | Karkar Andrei | Director | AWARD | 17,857 | — | — |
| May 29, 2026 | Khama Sheila | Director | AWARD | 17,316 | — | — |
| May 29, 2026 | May Brendan | Director | AWARD | 16,528 | — | — |
| May 29, 2026 | Madsbjerg Christian | Director | AWARD | 19,075 | — | — |
| May 29, 2026 | Madsbjerg Christian | Director | AWARD | 16,528 | — | — |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for TMC.
Shares short
29,068,472
Settlement Sep 15, 2026
Change vs prior
-4.3%
Semi-monthly cycle
Days to cover
6.2
At avg daily volume
Of shares outstanding
≈6.6%
Estimate — not % of float
All TMC filing & press-release reports (8)
- 8-K reportAug 17, 2026
- 8-K reportAug 13, 2026
- PRESS-RELEASE reportMay 14, 2026
- PRESS-RELEASE reportMay 11, 2026
- PRESS-RELEASE reportMay 7, 2026
- PRESS-RELEASE reportMar 27, 2026
- PRESS-RELEASE reportMar 20, 2026
- PRESS-RELEASE reportMar 9, 2026