Fortuna Mining Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Fortuna Mining stock has a consensus rating of "Buy" and an average price target of $18.74. The average 1-year stock price forecast is 45.61% higher than the current stock price, while the lowest is $18.23 (+41.65%) and the highest is $19.03 (+47.86%).

Price Target: $18.74 (+45.61%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$18.23	$18.74	$18.95	$19.03
Change	+41.65%	+45.61%	+47.24%	+47.86%

* Price targets were last updated on May 7, 2026.

Analyst Ratings

The average analyst rating for Fortuna Mining stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	1	1	1	1	1	1
Buy	2	2	2	2	2	2
Hold	0	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	1	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Eric Winmill Scotiabank	Scotiabank	Buy Maintains $19.52	Buy	Maintains	$19.52	+51.70%	May 7, 2026
Cosmos Chiu CIBC	CIBC	Hold Upgrades $9.00 → $16.00	Hold	Upgrades	$9.00 → $16.00	+24.32%	Feb 4, 2026
Kevin O'Halloran BMO Capital	BMO Capital	Buy Maintains $15.00 → $17.00	Buy	Maintains	$15.00 → $17.00	+32.09%	Jan 16, 2026

Financial Forecast

Revenue This Year

1.43B

from 947.06M

51.25%

from 947.06M

Revenue Next Year

1.57B

from 1.43B

9.57%

from 1.43B

EPS This Year

1.61

from 0.66

143.18%

from 0.66

EPS Next Year

1.65

from 1.61

2.96%

from 1.61

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	599.85M	681.49M	842.43M	677.24M	947.06M	1.43B
Revenue Growth	115.03%	13.61%	23.62%	-19.61%	39.84%	51.25%
Operating Income	141.52M	-40.66M	44.11M	161.99M	414.86M	769.00M
Net Income	57.88M	-128.13M	-50.84M	128.74M	287.47M	491.60M
EPS	-	-	-	-	0.66	1.61
EPS Growth	-	-	-	-	42.43%	143.18%
Forward PE	9.16	92.63	13.45	5.44	8.02	5.67
Free Cash Flow	67.93M	-4.10M	123.83M	119.24M	298.91M	507.33M
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	1.4B
Avg	1.4B
Low	1.4B

Revenue Growth

Revenue Growth	2026	2027	2028
High	52.2%
Avg	51.3%
Low	50.3%

EPS Forecast

EPS	2026	2027	2028
High	1.89
Avg	1.61
Low	1.43

EPS Growth

EPS Growth	2026	2027	2028
High	186.4%
Avg	143.2%
Low	116.7%