Ivanhoe Electric Inc. (IE)
NYSEAMERICAN: IE · IEX Real-Time Price · USD
9.61
+0.11 (1.16%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Ivanhoe Electric Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Ivanhoe Electric stock have an average target of 17.5, with a low estimate of 14.5 and a high estimate of 20. The average target predicts an increase of 82.10% from the current stock price of 9.61.
Analyst Consensus: Buy
* Price targets were last updated on Apr 9, 2024.
Analyst Ratings
The average analyst rating for IE stock from 3 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 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 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $16 → $15 | Buy | Maintains | $16 → $15 | +50.88% | Apr 9, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $18 | Buy | Initiates | $18 | +87.30% | Oct 17, 2023 |
| BMO Capital | BMO Capital | Buy Maintains $18 → $20 | Buy | Maintains | $18 → $20 | +108.12% | Sep 7, 2023 |
| BMO Capital | BMO Capital | Buy Maintains $15 → $18 | Buy | Maintains | $15 → $18 | +87.30% | Feb 15, 2023 |
| Scotiabank | Scotiabank | Hold Initiates $14 | Hold | Initiates | $14 | +45.68% | Dec 22, 2022 |
Financial Forecast
Revenue This Year
5.34M
from 3.90M
Increased by 36.69%
Revenue Next Year
6.18M
from 5.34M
Increased by 15.84%
EPS This Year
-0.89
from 1.95
EPS Next Year
-0.47
from -0.89
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.7M | 8.4M | 8.4M | 4.3M | 4.3M |
| Avg | 5.3M | 6.2M | 6.2M | 4.2M | 4.2M |
| Low | 3.9M | 3.9M | 3.9M | 4.0M | 4.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 71.1% | 57.5% | 35.9% | -30.3% | 1.9% |
| Avg | 36.7% | 15.8% | - | -31.7% | - |
| Low | 0.4% | -26.5% | -36.6% | -35.0% | -4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.55 | -0.11 | -0.13 | -1.20 | -1.09 |
| Avg | -0.89 | -0.47 | -0.49 | -1.17 | -1.07 |
| Low | -1.10 | -1.10 | -1.12 | -1.12 | -1.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.