Hudbay Minerals Inc. (HBM)
NYSE: HBM · IEX Real-Time Price · USD
7.00
+0.08 (1.16%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Hudbay Minerals Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Hudbay Minerals stock have an average target of 9.70, with a low estimate of 8.00 and a high estimate of 10.5. The average target predicts an increase of 38.57% from the current stock price of 7.00.

Analyst Consensus: Buy
Target Low Average Median High
Price $8.00 $9.70 $10.5 $10.5
Change +14.29% +38.57% +50.00% +50.00%

Analyst Ratings

The average analyst rating for HBM stock from 6 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111111
Buy 444445
Hold 000000
Sell 000000
Strong Sell 000000
Total 555556

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Raymond James
Raymond James
Buy
Maintains
$9$11
Buy Maintains $9$11 +50.00% Mar 20, 2024
TD Securities
TD Securities
Strong Buy
Maintains
$11$11
Strong Buy Maintains $11$11 +50.00% Sep 12, 2023
Credit Suisse
Credit Suisse
Buy
Maintains
$9$8
Buy Maintains $9$8 +14.29% Aug 21, 2023
Barclays
Barclays
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Jul 7, 2023
Scotiabank
Scotiabank
Buy
Maintains
$11$11
Buy Maintains $11$11 +50.00% Jun 28, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
1.93B
from 1.69B
Increased by 13.96%
Revenue Next Year
2.07B
from 1.93B
Increased by 7.37%
EPS This Year
0.41
from 0.22
Increased by 87.21%
EPS Next Year
0.71
from 0.41
Increased by 73.02%
Year 201920202021202220232024202520262027
Revenue
1.24B1.09B1.50B1.46B1.69B1.93B2.07B2.01B2.34B
Revenue Growth
-15.96%-11.72%37.49%-2.70%15.64%13.96%7.37%-3.05%16.51%
EPS
-1.32-0.55-0.930.270.220.410.710.490.79
EPS Growth
-----18.52%87.21%73.02%-31.26%60.82%
No. Analysts -----151393
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 2.2B 2.5B 2.5B 2.4B
Avg 1.9B 2.1B 2.0B 2.3B
Low 1.7B 1.5B 1.6B 2.3B

Revenue Growth

Revenue Growth 2024202520262027
High
27.9%
28.3%
19.3%
21.1%
Avg
14.0%
7.4%
-3.0%
16.5%
Low
-0.4%
-19.8%
-23.5%
13.1%

EPS Forecast

EPS 2024202520262027
High 0.65 1.18 0.82 0.95
Avg 0.41 0.71 0.49 0.79
Low 0.03 0.45 -0.02 0.65

EPS Growth

EPS Growth 2024202520262027
High
195.9%
185.5%
14.9%
92.9%
Avg
87.2%
73.0%
-31.3%
60.8%
Low
-86.6%
9.5%
-
32.0%
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.