First Quantum Minerals Ltd. (TSX:FM)
Canada · Delayed Price · Currency is CAD 35.10
+2.32 (7.08%)
Nov 9, 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 $51.43. The average 1-year stock price forecast is 46.52% higher than the current stock price, while the lowest is $42.40 (+20.80%) and the highest is $71.85 (+104.70%).
Price Target: $51.43 (+46.52%)
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 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 | Nov '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 10 | 10 | 10 | 10 | 10 |
| Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Hold | 6 | 5 | 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 |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Hold Maintains $47.00 → $44.00 | Hold | Maintains | $47.00 → $44.00 | +25.36% | Nov 2, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $53.00 → $52.00 | Buy | Maintains | $53.00 → $52.00 | +48.15% | Oct 30, 2026 |
| Jefferies | Jefferies | Buy Maintains $52.00 | Buy | Maintains | $52.00 | +48.15% | Oct 30, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates $52.00 | Buy | Reiterates | $52.00 | +48.15% | Oct 30, 2026 |
| Barclays | Barclays | Buy Maintains $44.00 → $42.00 | Buy | Maintains | $44.00 → $42.00 | +19.66% | Oct 30, 2026 |
Financial Forecast
Revenue This Year
6.96B
from 5.24B
Increased by 32.84%
Revenue Next Year
9.23B
from 6.96B
Increased by 32.75%
EPS This Year
0.17
from 0.01
Increased by 1,636.30%
EPS Next Year
1.90
from 0.17
Increased by 992.73%
EPS and Forward PE are based on non-GAAP adjusted numbers.