Ivanhoe Electric Inc. (IE)
NYSEAMERICAN: IE · Real-Time Price · USD
7.27
+0.29 (4.15%)
At close: Jan 10, 2025, 4:00 PM
7.09
-0.18 (-2.48%)
After-hours: Jan 10, 2025, 7:29 PM EST
Ivanhoe Electric Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Ivanhoe Electric stock have an average target of 11.75, with a low estimate of 10 and a high estimate of 13.5. The average target predicts an increase of 61.62% from the current stock price of 7.27.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for IE stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $14 → $14 | Buy | Maintains | $14 → $14 | +85.69% | Jan 6, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $15 → $10 | Strong Buy | Maintains | $15 → $10 | +37.55% | Jan 6, 2025 |
| Scotiabank | Scotiabank | Buy Maintains $15 → $14 | Buy | Maintains | $15 → $14 | +92.57% | Aug 19, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $16 → $15 | Buy | Maintains | $16 → $15 | +99.45% | Apr 9, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $18 | Buy | Initiates | $18 | +147.59% | Oct 17, 2023 |
Financial Forecast
Revenue This Year
4.04M
from 3.90M
Increased by 3.59%
Revenue Next Year
5.72M
from 4.04M
Increased by 41.40%
EPS This Year
-1.34
from -1.95
EPS Next Year
-0.77
from -1.34
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.5M | 8.4M | 8.4M | |||
| Avg | 4.0M | 5.7M | 5.0M | |||
| Low | 2.5M | 2.5M | 2.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 39.9% | 107.8% | 46.9% | |||
| Avg | 3.6% | 41.4% | -11.7% | |||
| Low | -34.7% | -37.0% | -53.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.91 | -0.12 | -0.13 | |||
| Avg | -1.34 | -0.77 | -0.60 | |||
| Low | -1.53 | -1.32 | -1.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | - | - | |||
| Avg | - | - | - | |||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.