TECK · NYSE · STOCK
Teck Resources (TECK) Stock Analysis
$64.95
52W $38.00 – $72.56
60/100
$32.44B
18.7
1.59
⚠
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.
Is TECK Bullish or Bearish?
Bullish.
Innellis AI committee rates Teck Resources Limited (TECK) Buy with a composite score of 60/100
, based on 5 analysts with 60% agreement.
Last updated October 14, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +15.46 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -4.54 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Technical Analyst sees a compelling case — price structure making higher highs and higher lows. Portfolio Manager remains cautious — 2 existing position pair(s) are highly correlated already. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Price-to-book of 1.1x is a discount to asset value — Value
- EPS growing 173.7% YoY — Growth
- 4 consecutive earnings beats -- consistent execution — Growth
- Price structure making higher highs and higher lows — Technical
- MACD histogram positive -- bullish momentum — Technical
- Trend and market structure agree -- coherent bullish picture — Technical
Bear Case
- P/E of 37.1 is moderate-to-rich — Value
- ROE of only 5.0% -- cheap may mean cheap for a reason — Value
- Revenue declining -29.3% YoY -- this is not a growth story right now — Growth
- Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 14, 2026
Overall Committee Score
60/100
Agreement
60%
Analysts
5
Conviction
Moderate
Sector Rank
Top 34%
of 99 Basic Materials peers
Value Analyst
neutral
55
/ 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ Price-to-book of 1.1x is a discount to asset value
− P/E of 37.1 is moderate-to-rich
Growth Analyst
neutral
54
/ 100 · High confidence
Moderate growth -- present but not remarkable
+ EPS growing 173.7% YoY
− Revenue declining -29.3% YoY -- this is not a growth story right now
Technical Analyst
bullish
69
/ 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
neutral
55
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager
bearish
35
/ 100 · Low confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− 2 existing position pair(s) are highly correlated already
Investment Thesis Evolution
Committee score weakened from 63.4 to 59.5.
- New bearish signals: 1 appeared.
- Bullish support removed: 1 signal(s) disappeared.
- Bearish pressure eased: 2 signal(s) disappeared.
Analyst-level changes:
- Macro Analyst: score 80->65 (-15).
- News Analyst: score 60->55 (-4).
- Portfolio Manager: score 30->35 (+5).
- Value Analyst: +1 bearish signal(s).
Comparing 2026-10-13 to 2026-10-14 (1 day apart).
Technical Analysis
RSI (14)
40.3
Neutral
MACD Histogram
-0.065
Bearish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Hh Hl
Support
$53.66
Resistance
$71.22
Bollinger %B
0.20
Inside Bands
Price vs Moving Averages
EMA 9
$66.41
Below
EMA 21
$66.50
Below
EMA 50
$65.84
Below
EMA 200
$59.41
Above
Fundamental Analysis
Valuation
94
Growth
57
Profitability
46
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio
18.7×
P/B Ratio
1.70×
PEG Ratio
0.04
Dividend Yield
0.54%
52W High
$72.56
52W Low
$38.00
Quality & Growth
ROE
558.3%
ROA
308.3%
Gross Margin
3492.4%
Operating Margin
2925.7%
Revenue Growth YoY
—
Debt / Equity
0.35
AI Fundamental Assessment
P/E ratio of 18.7 (inexpensive relative to a 15-40x range); Price-to-book of 1.7x; PEG ratio of 0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 5.6%; Return on assets of 3.1%; Net margin of 17.9%; Gross margin of 34.9%; Current ratio of 3.12 (healthy short-term liquidity); Debt-to-equity of 0.35; Free cash flow per share is positive (3.11); Most recent quarter beat estimates by 105.0%; 4 consecutive earnings beats; EPS growth decelerating (+27.7% -> +11.9% QoQ); Analyst estimates falling over recent quarters
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