Fresnillo Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Fresnillo stock has a consensus rating of "Hold" and an average price target of 3,850p. The average 1-year stock price forecast is 34.06% higher than the current stock price, while the lowest is 2,521p (-12.23%) and the highest is 5,468p (+90.38%).

Price Target: 3,850p (+34.06%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	2,521p	3,850p	3,640p	5,468p
Change	-12.23%	+34.06%	+26.73%	+90.38%

Analyst Ratings

The average analyst rating for Fresnillo stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	Jun '26
Strong Buy	2	2	1	1	1	1
Buy	1	2	2	3	3	3
Hold	7	7	8	8	8	8
Sell	1	1	1	0	0	0
Strong Sell	1	1	1	1	1	1
Total	12	13	13	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Marina Calero RBC Capital	RBC Capital	Hold Maintains 3,700p → 3,200p	Hold	Maintains	3,700p → 3,200p	+11.42%	Jun 4, 2026
Richard Hatch Berenberg Bank	Berenberg Bank	Hold Reiterates 3,400p	Hold	Reiterates	3,400p	+18.38%	Apr 23, 2026
Alfonso Salazar Scotiabank	Scotiabank	Sell Maintains n/a	Sell	Maintains	n/a	n/a	Apr 23, 2026
Amos Fletcher Barclays	Barclays	Hold Maintains 3,000p → 3,775p	Hold	Maintains	3,000p → 3,775p	+31.44%	Apr 23, 2026
Ioannis Masvoulas Morgan Stanley	Morgan Stanley	Sell Maintains 2,400p	Sell	Maintains	2,400p	-16.43%	Apr 22, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

6.60B

from 4.56B

44.59%

from 4.56B

Revenue Next Year

6.51B

from 6.60B

-1.23%

from 6.60B

EPS This Year

3.18

from 2.06

54.32%

from 2.06

EPS Next Year

3.14

from 3.18

-1.28%

from 3.18

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.70B	2.43B	2.71B	3.50B	4.56B	6.60B
Revenue Growth	11.24%	-9.99%	11.18%	29.25%	30.46%	44.59%
Gross Profit	941.63M	533.08M	499.76M	1.24B	2.66B	4.54B
Gross Margin	34.84%	21.91%	18.47%	35.54%	58.27%	68.78%
Operating Income	672.22M	235.51M	158.90M	732.95M	2.09B	4.18B
Net Income	421.21M	271.90M	233.91M	140.92M	1.38B	2.41B
EPS	-	-	-	-	2.06	3.18
EPS Growth	-	-	-	-	465.93%	54.32%
Forward PE	14.89	31.33	27.06	10.77	21.67	12.12
Dividend / Share	0.34	0.17	0.06	0.33	1.29	1.77
Dividend Growth	-	-50.74%	-66.47%	480.36%	296.68%	37.30%
Free Cash Flow	488.98M	-101.48M	-18.83M	607.39M	1.79B	1.38B
No. Analysts	-	-	-	-	-	11

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	7.3B
Avg	6.6B
Low	6.2B

Revenue Growth

Revenue Growth	2026	2027	2028
High	59.0%
Avg	44.6%
Low	35.3%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	3.18
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	54.3%
Low	-