MAG Silver Corp. (MAG)
NYSEAMERICAN: MAG · IEX Real-Time Price · USD
10.55
+0.67 (6.78%)
Mar 28, 2024, 2:23 PM EDT - Market open

MAG Silver Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for MAG Silver stock have an average target of 17, with a low estimate of 13.5 and a high estimate of 19. The average target predicts an increase of 61.14% from the current stock price of 10.55.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $13.5 $17 $18.5 $19
Change +27.96% +61.14% +75.36% +80.09%

Analyst Ratings

The average analyst rating for MAG Silver stock from 3 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222222
Buy 000001
Hold 111110
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Buy
Upgrades
$15$14
Buy Upgrades $15$14 +27.96% Mar 28, 2024
Stifel
Stifel
Strong Buy
Maintains
$20$19
Strong Buy Maintains $20$19 +80.09% Mar 20, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$20$19
Strong Buy Reiterates $20$19 +75.36% Mar 20, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$20
Strong Buy Reiterates $20 +84.83% Nov 13, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$21$20
Strong Buy Maintains $21$20 +84.83% Oct 26, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
93.00M
Revenue Next Year
119.69M
from 93.00M
Increased by 28.70%
EPS This Year
0.74
from 0.47
Increased by 58.22%
EPS Next Year
0.90
from 0.74
Increased by 20.61%
Year 20192020202120222023202420252026
Revenue
-----93.00M119.69M-
Revenue Growth
------28.70%-
EPS
-0.05-0.080.060.180.470.740.901.26
EPS Growth
---200.00%161.11%58.22%20.61%40.77%
No. Analysts -----1063
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 286.4M 261.9M
Avg 93.0M 119.7M
Low n/a n/a

Revenue Growth

Revenue Growth 20242025
High -
181.6%
Avg -
28.7%
Low - -

EPS Forecast

EPS 202420252026
High 1.39 2.05 2.15
Avg 0.74 0.90 1.26
Low 0.34 0.45 0.44

EPS Growth

EPS Growth 202420252026
High
194.9%
175.3%
140.0%
Avg
58.2%
20.6%
40.8%
Low
-27.0%
-39.4%
-50.8%
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.