Pan American Silver Corp. (PAAS)

Pan American Silver Stock Forecast

Stock Price Forecast

The 4 analysts that cover Pan American Silver stock have a consensus rating of "Buy" and an average price target of $33.25, which forecasts a -3.90% decrease in the stock price over the next year. The lowest target is $23 and the highest is $46.

Price Target: $33.25 (-3.90%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$23	$33.25	$36	$46
Change	-33.53%	-3.90%	+4.05%	+32.95%

Analyst Ratings

The average analyst rating for Pan American Silver stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	1	1	1	1	1	1
Buy	2	2	2	2	2	2
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ovais Habib Scotiabank	Scotiabank	Buy Maintains $37 → $36	Buy	Maintains	$37 → $36	+4.05%	Sep 5, 2025
Cosmos Chiu CIBC	CIBC	Buy Maintains $39 → $46	Buy	Maintains	$39 → $46	+32.95%	Jul 15, 2025
Cosmos Chiu CIBC	CIBC	Buy Maintains $42 → $39	Buy	Maintains	$42 → $39	+12.72%	May 13, 2025
Cosmos Chiu CIBC	CIBC	Buy Maintains $38 → $42	Buy	Maintains	$38 → $42	+21.39%	May 8, 2025
Ovais Habib Scotiabank	Scotiabank	Buy Maintains $29 → $32	Buy	Maintains	$29 → $32	-7.51%	Apr 14, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.27B

Increased by 15.86%

from 2.82B

Revenue Next Year

3.46B

Increased by 5.79%

from 3.27B

EPS This Year

1.81

Increased by 489.46%

from 0.31

EPS Next Year

2.15

Increased by 18.80%

from 1.81

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.34B	1.63B	1.49B	2.32B	2.82B	3.27B	3.46B
Revenue Growth	-0.88%	21.96%	-8.46%	54.95%	21.71%	15.86%	5.79%
EPS	0.85	0.46	-1.62	-0.32	0.31	1.81	2.15
EPS Growth	53.99%	-45.67%	-	-	-	489.46%	18.80%
Forward PE	-	-	-	-	-	19.13	16.10
No. Analysts	-	-	-	-	-	9	9

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

Revenue Forecast

Revenue	2025	2026	2027	2028
High	3.7B	4.2B
Avg	3.3B	3.5B
Low	2.9B	2.9B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	29.7%	30.1%
Avg	15.9%	5.8%
Low	2.2%	-10.5%

EPS Forecast

EPS	2025	2026	2027	2028
High	2.12	2.82
Avg	1.81	2.15
Low	1.39	1.49

EPS Growth

EPS Growth	2025	2026	2027	2028
High	591.2%	56.2%
Avg	489.5%	18.8%
Low	353.5%	-17.6%

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.