First Majestic Silver Corp. (TSX:AG)
Canada flag Canada · Delayed Price · Currency is CAD
21.44
-0.63 (-2.85%)
Oct 29, 2026, 4:00 PM EDT

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 60.91% higher than the current stock price, while the lowest is $30.00 (+39.93%) and the highest is $42.00 (+95.90%).

Price Target: $34.50 (+60.91%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$30.00$34.50$33.00$42.00
Change+39.93%+60.91%+53.92%+95.90%

Analyst 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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy333333
Buy112222
Hold221111
Sell000000
Strong Sell000000
Total666666

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Scotiabank
Scotiabank
Hold
Maintains
$31.64
HoldMaintains$31.64+47.57%Oct 14, 2026
BMO Capital
BMO Capital
Buy
Maintains
$35.00
BuyMaintains$35.00+63.25%Oct 9, 2026
H.C. Wainwright
H.C. Wainwright
Buy
Reiterates
$37.97 → $35.86
BuyReiterates$37.97 → $35.86+67.24%Oct 9, 2026
ATB Cormark Capital Markets
ATB Cormark Capital Markets
Buy
Maintains
$30.00
BuyMaintains$30.00+39.93%Oct 9, 2026

Financial Forecast

Revenue This Year
1.54B
from 1.26B
Increased by 22.21%
Revenue Next Year
1.90B
from 1.54B
Increased by 23.46%
EPS This Year
0.94
from 0.46
Increased by 104.19%
EPS Next Year
1.02
from 0.94
Increased by 8.79%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
584.12M624.22M573.80M560.60M1.26B1.54B
Revenue Growth
60.53%6.87%-8.08%-2.30%124.25%22.21%
Operating Income
46.78M-51.61M-138.74M5.54M366.82M892.58M
Net Income
-4.92M-114.28M-135.11M-101.89M164.92M483.55M
EPS
----0.460.94
EPS Growth
-----104.19%
Forward PE
28.3028.9237.8117.0421.7616.36
Dividend / Share
0.020.020.020.020.020.04
Dividend Growth
-1.29%-14.41%-6.93%21.28%66.80%
Free Cash Flow
----471.16M534.32M
No. Analysts
-----1
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High1.5B
Avg1.5B
Low1.5B

Revenue Growth

Revenue Growth202620272028
High
22.2%
Avg
22.2%
Low
22.2%

EPS Forecast

EPS202620272028
High1.00
Avg0.94
Low0.82

EPS Growth

EPS Growth202620272028
High
118.4%
Avg
104.2%
Low
79.2%