Lundin Mining Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, Lundin Mining stock has a consensus rating of "Buy" and an average price target of $40.77. The average 1-year stock price forecast is 7.69% higher than the current stock price, while the lowest is $28.05 (-25.91%) and the highest is $54.12 (+42.95%).

Price Target: $40.77 (+7.69%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$28.05	$40.77	$41.99	$54.12
Change	-25.91%	+7.69%	+10.91%	+42.95%

Analyst Ratings

The average analyst rating for Lundin 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	10	8	8	8	8	8
Buy	6	4	4	4	4	4
Hold	7	10	9	10	11	11
Sell	0	1	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	23	23	23	24	25	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Chris LaFemina Jefferies	Jefferies	Buy Maintains $52.00	Buy	Maintains	$52.00	+37.35%	Jun 8, 2026
Matt Greene Goldman Sachs	Goldman Sachs	Buy Maintains $40.80 → $48.20	Buy	Maintains	$40.80 → $48.20	+27.31%	Jun 5, 2026
Sam Crittenden RBC Capital	RBC Capital	Hold Maintains $42.00	Hold	Maintains	$42.00	+10.94%	Jun 4, 2026
Patrick Jones J.P. Morgan	J.P. Morgan	Sell Maintains $30.80 → $27.80	Sell	Maintains	$30.80 → $27.80	-26.57%	May 26, 2026
Richard Garchitorena Barclays	Barclays	Hold Initiates $42.00	Hold	Initiates	$42.00	+10.94%	May 21, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

4.70B

from 4.05B

16.02%

from 4.05B

Revenue Next Year

4.78B

from 4.70B

1.73%

from 4.70B

EPS This Year

1.28

from 0.90

42.10%

from 0.90

EPS Next Year

1.43

from 1.28

12.16%

from 1.28

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	3.33B	3.04B	2.74B	3.27B	4.05B	4.70B
Revenue Growth	63.05%	-8.64%	-9.79%	19.20%	23.95%	16.02%
Gross Profit	1.89B	1.32B	1.10B	1.51B	2.02B	2.55B
Gross Margin	56.85%	43.32%	40.07%	46.18%	49.76%	54.12%
Operating Income	1.26B	550.00M	471.07M	794.60M	1.28B	2.02B
Net Income	780.35M	426.85M	241.56M	-203.50M	1.28B	1.12B
EPS	-	-	-	-	0.90	1.28
EPS Growth	-	-	-	-	136.84%	42.10%
Forward PE	9.49	11.60	13.62	12.92	23.27	21.15
Dividend / Share	0.24	0.27	0.27	0.25	0.13	0.08
Dividend Growth	-	12.20%	2.48%	-8.22%	-49.72%	-39.29%
Free Cash Flow	848.62M	-40.21M	-367.43M	-458.12M	1.20B	898.54M
No. Analysts	-	-	-	-	-	21

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

Revenue Forecast

Revenue	2026	2027	2028
High	5.3B
Avg	4.7B
Low	4.4B

Revenue Growth

Revenue Growth	2026	2027	2028
High	31.1%
Avg	16.0%
Low	7.9%

EPS Forecast

EPS	2026	2027	2028
High	1.73
Avg	1.28
Low	0.98

EPS Growth

EPS Growth	2026	2027	2028
High	92.2%
Avg	42.1%
Low	8.9%