First Majestic Silver Corp. (TSX:AG)
25.64
+1.39 (5.73%)
Aug 7, 2026, 4:00 PM EST
First Majestic Silver Stock Forecast
Stock Price Forecast
According to 6 analysts polled by S&P Global, First Majestic Silver stock has a consensus rating of "Buy" and an average price target of $34.50. The average 1-year stock price forecast is 34.56% higher than the current stock price, while the lowest is $30.00 (+17.00%) and the highest is $42.00 (+63.81%).
Price Target: $34.50 (+34.56%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for First Majestic Silver stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 3 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $32.21 → $31.51 | Hold | Maintains | $32.21 → $31.51 | +22.91% | Jul 31, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $35.00 | Buy | Maintains | $35.00 | +36.51% | Jul 31, 2026 |
| H.C. Wainwright | H.C. Wainwright | Buy Reiterates $36.42 → $37.82 | Buy | Reiterates | $36.42 → $37.82 | +47.49% | Jul 31, 2026 |
| ATB Cormark Capital Markets | ATB Cormark Capital Markets | Buy Upgrades $36.00 → $37.00 | Buy | Upgrades | $36.00 → $37.00 | +44.31% | Jul 10, 2026 |
Financial Forecast
Revenue This Year
1.73B
from 1.26B
Increased by 37.40%
Revenue Next Year
1.94B
from 1.73B
Increased by 12.24%
EPS This Year
0.97
from 0.46
Increased by 110.66%
EPS Next Year
1.04
from 0.97
Increased by 7.70%
EPS and Forward PE are based on non-GAAP adjusted numbers.