SII
Sprott Inc.
NYSE: SII · FINANCIAL SERVICES · ASSET MANAGEMENT
$143.83
-5.42% today
Updated 2026-06-05
Market cap
$3.06B
P/E ratio
36.22
P/S ratio
7.96x
EPS (TTM)
$3.28
Dividend yield
1.30%
52W range
$61 – $169
Volume
0.2M
Sprott Inc. (SII) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed SII price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$143.83
Today
Analyst consensus
$230.00
+59.91% · 12M
2030 Base
$125.85
-12.50% future
NPV today
$75.88
@ 12% WACC
3 analysts:
2 Buy1 Hold0 Sell
Management guidance
No specific multi-year revenue targets disclosed by management. CEO John Ciampaglia has emphasized positioning for 'early stages of a new commodity cycle' (Jan 2026) and aggressive ETF/product expansion. Guidance is directional (bullish on commodities/uranium) rather than quantified. Company is growth-oriented but lacks hard 2026-2030 revenue guardrails.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
SII · Sprott Inc. · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$69.74
NPV today: $42.05
Base case (2030)
$125.85
NPV today: $75.88
Bull case (2030)
$238.07
NPV today: $143.54
WallStSmart.com
SII financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $0.3B | $0.5B | $0.5B | $0.6B | $0.7B | $0.7B |
| Revenue growth | 75.2% | 21.0% | 17.0% | 14.0% | 10.0% | 8.0% |
| Net margin | — | 34.0% | 35.3% | 35.9% | 35.9% | 35.8% |
| EPS | $3.20 | $6.10 | $7.40 | $8.55 | $9.35 | $10.05 |
| Diluted shares | — | 26M | 26M | 26M | 26M | 26M |
| Net debt | — | $-54.50M | $-118.39M | $-191.06M | $-270.76M | $-356.92M |
| P/S multiple | — | 4.0x | 4.0x | 4.0x | 4.0x | 4.0x |
| Implied price (base) | — | $73.96 | $88.52 | $102.57 | $114.50 | $125.85 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $0.7B | $0.7B | $0.7B |
| P/S multiple | 2.0x | 4.0x | 8.0x |
| Diluted shares | 26M | 26M | 26M |
| Net debt | $-356.92M | $-356.92M | $-356.92M |
| Implied P/E † | 7x | 13x | 24x |
| 2030 Price | $69.74 | $125.85 | $238.07 |
| NPV @ 12% | $42.05 | $75.88 | $143.54 |
† Implied P/E: Multiples remain elevated across all three scenarios because SII is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $125.85 base case
SII catalysts and risks
Growth catalysts
+ Uranium and precious metals commodity cycle continuation (geopolitical/inflation hedging demand)
+ Record AUM growth ($65.1B as of Q1 2026) driving fee-based revenue expansion
+ ETF product proliferation (REXC rare earths ex-China, SLVR silver miners, URNM uranium miners) capturing inflows
+ Sprott Physical Trusts AUM leverage to commodity prices (platinum, palladium, uranium, silver)
+ Institutional capital reallocation to alternative asset managers during risk-off periods
Key risks
- Commodity price deflation (uranium, gold, silver correction) would compress AUM and fee revenue sharply
- Mean reversion in AUM growth: Q1 2026 saw 9% sequential AUM growth; normalized growth is 3-5% annually
- High P/E valuation (43.5x TTM, forward 24.6x) leaves stock vulnerable to earnings miss or guidance reset
- Concentration risk: >40% of revenue from commodities-linked management fees (cyclical, not recurring)
- Regulatory/tax risk on physical commodity trusts and ETF structures in key markets
Methodology · Sprott Inc. 2030 stock forecast model
Sprott Inc. 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 3 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (2% cumulative for SII by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-356.92M by 2030) |
| 3. Time value | NPV calculated using 12% WACC (CAPM: beta 1.296) |
| 4. Multiple framework | P/S compresses with scale: bear 2.0x / base 4.0x / bull 8.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
SII price target FAQ
What is the SII price target for 2030?
WallStSmart's Sprott Inc. 2030 base case is $125.85 per share, with a bull case of $238.07 and bear case of $69.74. The NPV of the base case discounted to today at 12% WACC is $75.88.
How is the Sprott Inc. 2030 stock forecast calculated?
The SII 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the SII price target account for dilution?
Sprott Inc. is projected to grow diluted share count from 26M to 26M by 2030 (a 2% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 2%.
What is the analyst consensus on SII stock?
3 analysts cover SII with an average 12-month price target of $230.00. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.