First Quantum Minerals Ltd. (TSX:FM)
Canada · Delayed Price · Currency is CAD 42.65
+1.16 (2.80%)
May 29, 2026, 12:34 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 $44.57. The average 1-year stock price forecast is 4.50% higher than the current stock price, while the lowest is $34.54 (-19.02%) and the highest is $52.40 (+22.86%).
Price Target: $44.57 (+4.50%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 8 | 8 | 8 |
| Buy | 5 | 5 | 6 | 5 | 5 | 7 |
| Hold | 10 | 10 | 9 | 8 | 9 | 7 |
| Sell | 0 | 0 | 0 | 1 | 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 Reiterates $42.20 → $42.00 | Buy | Reiterates | $42.20 → $42.00 | -1.52% | May 21, 2026 |
| UBS | UBS | Buy Maintains $45.00 → $50.00 | Buy | Maintains | $45.00 → $50.00 | +17.23% | May 21, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Upgrades $37.70 → $42.20 | Buy | Upgrades | $37.70 → $42.20 | -1.06% | May 18, 2026 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $40.00 → $41.00 | Hold | Maintains | $40.00 → $41.00 | -3.87% | May 15, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $44.00 → $48.00 | Buy | Maintains | $44.00 → $48.00 | +12.54% | May 13, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.