First Quantum Minerals Ltd. (TSX:FM)
36.17
-0.53 (-1.44%)
Oct 20, 2026, 4:00 PM EST
First Quantum Minerals Stock Forecast
Stock Price Forecast
According to 22 analysts polled by S&P Global, First Quantum Minerals stock has a consensus rating of "Buy" and an average price target of $49.88. The average 1-year stock price forecast is 37.90% higher than the current stock price, while the lowest is $43.66 (+20.71%) and the highest is $59.56 (+64.67%).
Price Target: $49.88 (+37.90%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for First Quantum Minerals stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 9 | 10 | 10 | 10 | 10 |
| Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Hold | 7 | 6 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 22 | 22 | 22 | 22 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $46.00 → $44.00 | Buy | Maintains | $46.00 → $44.00 | +21.65% | Oct 19, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $52.00 | Buy | Maintains | $52.00 | +43.77% | Oct 7, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $48.00 | Buy | Maintains | $48.00 | +32.71% | Oct 1, 2026 |
Unknown Analyst National Bank No rating | National Bank | Buy Maintains $50.00 | Buy | Maintains | $50.00 | +38.24% | Sep 21, 2026 |
Unknown Analyst Raymond James No rating | Raymond James | Hold Maintains $45.00 → $47.00 | Hold | Maintains | $45.00 → $47.00 | +29.94% | Sep 4, 2026 |
Financial Forecast
Revenue This Year
6.73B
from 5.24B
Increased by 28.43%
Revenue Next Year
9.14B
from 6.73B
Increased by 35.87%
EPS This Year
0.22
from 0.01
Increased by 2,063.40%
EPS Next Year
1.94
from 0.22
Increased by 794.49%
EPS and Forward PE are based on non-GAAP adjusted numbers.