First Majestic Silver Corp. (AG)
NYSE: AG · IEX Real-Time Price · USD
6.11
-0.05 (-0.81%)
At close: Jul 19, 2024, 4:00 PM
6.05
-0.06 (-0.98%)
Pre-market: Jul 22, 2024, 8:38 AM EDT
First Majestic Silver Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for AG stock have an average target of 7.50, with a low estimate of 6.50 and a high estimate of 8.50. The average target predicts an increase of 22.75% from the current stock price of 6.11.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AG stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $8.5 | Strong Buy | Reiterates | $8.5 | +39.12% | Jul 19, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $5.5 → $6.5 | Hold | Maintains | $5.5 → $6.5 | +6.38% | May 23, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $8.5 | Strong Buy | Reiterates | $8.5 | +39.12% | May 9, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $7 → $8.5 | Strong Buy | Maintains | $7 → $8.5 | +39.12% | Apr 19, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $12 → $6.75 | Strong Buy | Maintains | $12 → $6.75 | +10.47% | Jan 19, 2024 |
Financial Forecast
Revenue This Year
518.05M
from 573.80M
Decreased by -9.72%
Revenue Next Year
628.00M
from 518.05M
Increased by 21.22%
EPS This Year
-0.04
from -0.48
EPS Next Year
0.20
from -0.04
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 535.1M | 702.2M | 913.4M |
| Avg | 518.1M | 628.0M | 653.4M |
| Low | 489.0M | 506.7M | 258.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -6.7% | 35.5% | 45.4% |
| Avg | -9.7% | 21.2% | 4.0% |
| Low | -14.8% | -2.2% | -58.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.12 | 0.50 | 0.35 | 0.35 | 0.16 |
| Avg | -0.04 | 0.20 | 0.26 | 0.34 | 0.15 |
| Low | -0.15 | -0.23 | 0.17 | 0.32 | 0.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 75.2% | 34.7% | -53.6% |
| Avg | - | - | 30.2% | 32.1% | -54.5% |
| Low | - | - | -15.8% | 25.7% | -56.7% |
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.