Pan American Silver Corp. (PAAS)

Pan American Silver Stock Forecast

Stock Price Forecast

The 5 analysts that cover Pan American Silver stock have a consensus rating of "Strong Buy" and an average price target of $51.8, which forecasts a -22.71% decrease in the stock price over the next year. The lowest target is $28 and the highest is $64.

Price Target: $51.8 (-22.71%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$28	$51.8	$54	$64
Change	-58.22%	-22.71%	-19.43%	-4.51%

* Price targets were last updated on Jan 26, 2026.

Analyst Ratings

The average analyst rating for Pan American Silver stock 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	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	1	1	1	2	2	2
Buy	2	2	2	2	2	2
Hold	1	0	0	0	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	3	3	4	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ovais Habib Scotiabank	Scotiabank	Buy Maintains $47 → $64	Buy	Maintains	$47 → $64	-4.51%	Jan 26, 2026
Fahad Tariq Jefferies	Jefferies	Hold Maintains $58 → $54	Hold	Maintains	$58 → $54	-19.43%	Jan 21, 2026
Lawson Winder B of A Securities	B of A Securities	Strong Buy Maintains $46 → $51	Strong Buy	Maintains	$46 → $51	-23.90%	Dec 1, 2025
Ovais Habib Scotiabank	Scotiabank	Buy Maintains $36 → $47	Buy	Maintains	$36 → $47	-29.87%	Oct 23, 2025
Cosmos Chiu CIBC	CIBC	Buy Maintains $50 → $62	Buy	Maintains	$50 → $62	-7.49%	Oct 10, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.50B

Increased by 24.43%

from 3.62B

Revenue Next Year

4.51B

Increased by 0.24%

from 4.50B

EPS This Year

3.31

Increased by 29.21%

from 2.56

EPS Next Year

3.40

Increased by 2.81%

from 3.31

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.63B	1.49B	2.32B	2.82B	3.62B	4.50B	4.51B
Revenue Growth	21.96%	-8.46%	54.95%	21.71%	28.38%	24.43%	0.24%
EPS	0.46	-1.62	-0.32	0.31	2.56	3.31	3.40
EPS Growth	-45.67%	-	-	-	730.54%	29.21%	2.81%
Forward PE	-	-	-	-	-	20.26	19.71
No. Analysts	-	-	-	-	-	9	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	5.3B	5.9B
Avg	4.5B	4.5B
Low	3.7B	3.5B

Revenue Growth

Revenue Growth	2026	2027	2028
High	45.7%	30.2%
Avg	24.4%	0.2%
Low	2.4%	-23.0%

EPS Forecast

EPS	2026	2027	2028
High	4.68	4.86
Avg	3.31	3.40
Low	2.29	2.38

EPS Growth

EPS Growth	2026	2027	2028
High	82.9%	47.0%
Avg	29.2%	2.8%
Low	-10.4%	-28.0%

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.