Ivanhoe Electric Inc. (IE)
NYSEAMERICAN: IE · IEX Real-Time Price · USD
9.55
+0.15 (1.60%)
Apr 25, 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 83.25% from the current stock price of 9.55.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 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 | +51.83% | Apr 9, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $18 | Buy | Initiates | $18 | +88.48% | Oct 17, 2023 |
| BMO Capital | BMO Capital | Buy Maintains $18 → $20 | Buy | Maintains | $18 → $20 | +109.42% | Sep 7, 2023 |
| BMO Capital | BMO Capital | Buy Maintains $15 → $18 | Buy | Maintains | $15 → $18 | +88.48% | Feb 15, 2023 |
| Scotiabank | Scotiabank | Hold Initiates $14 | Hold | Initiates | $14 | +46.60% | Dec 22, 2022 |
Financial Forecast
Revenue This Year
3.07M
from 3.90M
Decreased by -21.34%
Revenue Next Year
3.08M
from 3.07M
Increased by 0.42%
EPS This Year
-0.80
from 1.95
EPS Next Year
-0.85
from -0.80
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.2M | 4.2M | 4.2M |
| Avg | 3.1M | 3.1M | 3.1M |
| Low | 980,000 | 980,000 | 980,000 |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.6% | 36.8% | 36.9% |
| Avg | -21.3% | 0.4% | 0.5% |
| Low | -74.9% | -68.1% | -68.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.09 | -0.13 | -1.07 |
| Avg | -0.80 | -0.85 | -1.22 |
| Low | -1.34 | -1.20 | -1.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.