First Quantum Minerals Ltd. (TSX:FM)
Canada · Delayed Price · Currency is CAD 39.26
+0.15 (0.38%)
Jul 10, 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 $47.09. The average 1-year stock price forecast is 19.94% higher than the current stock price, while the lowest is $33.91 (-13.63%) and the highest is $55.95 (+42.51%).
Price Target: $47.09 (+19.94%)
Analyst Consensus: Buy
Analyst 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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 8 | 8 | 9 | 9 |
| Buy | 6 | 5 | 5 | 7 | 7 | 7 |
| Hold | 9 | 8 | 9 | 7 | 6 | 6 |
| Sell | 0 | 1 | 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 |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $46.30 → $45.20 | Buy | Maintains | $46.30 → $45.20 | +15.13% | Jul 8, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains $33.00 → $44.00 | Hold | Maintains | $33.00 → $44.00 | +12.07% | Jul 6, 2026 |
| Jefferies | Jefferies | Buy Maintains $55.00 → $53.00 | Buy | Maintains | $55.00 → $53.00 | +35.00% | Jul 6, 2026 |
| UBS | UBS | Buy Maintains $50.00 → $55.00 | Buy | Maintains | $50.00 → $55.00 | +40.09% | Jun 30, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $44.00 | Buy | Maintains | $44.00 | +12.07% | Jun 22, 2026 |
Financial Forecast
Revenue This Year
6.51B
from 5.24B
Increased by 24.23%
Revenue Next Year
9.23B
from 6.51B
Increased by 41.93%
EPS This Year
0.42
from 0.01
Increased by 4,138.40%
EPS Next Year
2.05
from 0.42
Increased by 383.58%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.9B | ||
| Avg | 6.5B | ||
| Low | 6.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 32.6% | ||
| Avg | 24.2% | ||
| Low | 16.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.72 | ||
| Avg | 0.42 | ||
| Low | 0.16 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 7,100.0% | ||
| Avg | 4,138.4% | ||
| Low | 1,500.0% |