The men's 1500 metres event at the 1994 World Junior Championships in Athletics was held in Lisbon, Portugal, at Estádio Universitário de Lisboa on 23 and 24 July.
| Gold | Julius Achon | |
| Silver | André Bucher | |
| Bronze | Philip Mosima |
24 July
| Rank | Name | Nationality | Time | Notes | |||
|---|---|---|---|---|---|---|---|
| align=left | align=left | | 3:39.78 | ||||
| align=left | align=left | 3:40.46 | |||||
| align=left | align=left | | 3:41.09 | ||||
| 4 | align=left | align=left |  | 3:42.98 | |||
| 5 | align=left | align=left |  | 3:43.86 | |||
| 6 | align=left | align=left | | 3:44.64 | |||
| 7 | align=left | align=left |  | 3:44.78 | |||
| 8 | align=left | align=left | 3:45.11 | ||||
| 9 | align=left | align=left |  | 3:45.29 | |||
| 10 | align=left | align=left | | 3:45.53 | |||
| 11 | align=left | align=left |  | 3:45.66 | |||
| 12 | align=left | align=left | 4:03.15 |
23 July
| Rank | Name | Nationality | Time | Notes | |||
|---|---|---|---|---|---|---|---|
| 1 | align=left | align=left | | 3:46.46 | Q | ||
| 2 | align=left | align=left | | 3:47.35 | Q | ||
| 3 | align=left | align=left | | 3:47.76 | Q | ||
| 4 | align=left | align=left | | 3:47.87 | Q | ||
| 5 | align=left | align=left | 3:48.20 | q | |||
| 6 | align=left | align=left |  | 3:49.68 | |||
| 7 | align=left | align=left |  | 3:51.68 | |||
| 8 | align=left | align=left |  | 3:51.94 | |||
| 9 | align=left | align=left | | 3:53.22 | |||
| 10 | align=left | align=left |  | 3:53.33 | |||
| 11 | align=left | align=left | | 3:54.27 | |||
| 12 | align=left | align=left | 3:57.85 | ||||
| align=left | align=left |  | DNF |
| Rank | Name | Nationality | Time | Notes | |||
|---|---|---|---|---|---|---|---|
| 1 | align=left | align=left | | 3:46.24 | Q | ||
| 2 | align=left | align=left | 3:46.27 | Q | |||
| 3 | align=left | align=left | | 3:46.49 | Q | ||
| 4 | align=left | align=left | | 3:46.53 | Q | ||
| 5 | align=left | align=left | | 3:46.67 | q | ||
| 6 | align=left | align=left | 3:48.21 | q | |||
| 7 | align=left | align=left | | 3:48.22 | q | ||
| 8 | align=left | align=left |  | 3:48.36 | |||
| 9 | align=left | align=left |  | 3:50.36 | |||
| 10 | align=left | align=left |  | 3:51.15 | |||
| 11 | align=left | align=left | | 3:51.18 | |||
| 12 | align=left | align=left | 3:51.43 | ||||
| 13 | align=left | align=left | | 3:51.60 |
According to an unofficial count, 26 athletes from 19 countries participated in the event.