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Home โบ Stocks โบ First Majestic Silver Corp (AG) Stock Forecast & Price Prediction Canada | NYSE | Basic Materials | Silver
$16.40
-0.55 (-3.24%)Did AG Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if First Majestic is one of their latest high-conviction picks.
Based on our analysis of 2 Wall Street analysts, AG has a bullish consensus with a median price target of $24.50 (ranging from $23.00 to $26.00). The overall analyst rating is Strong Buy (8.7/10). Currently trading at $16.40, the median forecast implies a 49.4% upside. This outlook is supported by 5 Buy, 1 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Heiko F. Ihle at HC Wainwright & Co., projecting a 58.5% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for AG.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jul 10, 2026 | HC Wainwright & Co. | Heiko F. Ihle | Buy | Maintains | $26.00 |
| May 12, 2026 | HC Wainwright & Co. | Heiko F. Ihle | Buy | Maintains | $30.75 |
| Feb 20, 2026 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Jan 26, 2026 | Scotiabank | Sector Perform | Maintains | $N/A | |
| Jan 16, 2026 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Oct 23, 2025 | Scotiabank | Sector Perform | Maintains | $N/A | |
| Oct 10, 2025 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Oct 6, 2025 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Aug 15, 2025 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Jul 10, 2025 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Jul 9, 2025 | Scotiabank | Sector Perform | Maintains | $N/A | |
| May 9, 2025 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Feb 21, 2025 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Jan 15, 2025 | Scotiabank | Sector Perform | Maintains | $N/A | |
| Jan 10, 2025 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Oct 18, 2024 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Sep 6, 2024 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Aug 2, 2024 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| Jul 19, 2024 | HC Wainwright & Co. | Buy | Reiterates | $N/A | |
| May 23, 2024 | Scotiabank | Sector Perform | Maintains | $N/A |
The following stocks are similar to First Majestic based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
First Majestic Silver Corp has a market capitalization of $8.10B with a P/E ratio of 28.7x. The company generates $1.49B in trailing twelve-month revenue with a 19.5% profit margin.
Revenue growth is +95.4% quarter-over-quarter, while maintaining an operating margin of +49.5% and return on equity of +11.5%.
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Mining company focused on silver production.
The company acquires, explores, develops, and produces mineral properties, primarily targeting silver with additional gold by-products. It generates revenue through the sale of silver and gold dorรฉ and concentrates, catering to industrial users, refiners, and investors.
First Majestic Silver Corp. operates several high-grade silver and gold mines in Mexico, utilizing both underground and open-pit mining methods. Established in 1979 and headquartered in Vancouver, it plays a significant role in the silver supply chain across various industries including electronics, solar, jewelry, and investment.
Basic Materials
Silver
0
Mr. Keith N. Neumeyer
Canada
2006
First Majestic lifts its 2026 production outlook after Q2 silver output rises 3% y/y, backed by strong mine performance and higher guidance across key assets.
First Majestic Silver Corp. reported Q2 2026 production of 3.8 million ounces of silver, a 3% increase year-over-year, along with gold, zinc, lead, and copper outputs from its Mexican mines.
First Majestic's increased silver production signals operational efficiency and potential revenue growth, impacting its stock performance and investor sentiment in the metals market.
First Majestic raises its 2026 production outlook following a 3% year-over-year increase in Q2 silver output, driven by strong mine performance and higher guidance for key assets.
First Majestic's increased 2026 production outlook signals stronger future revenue potential, enhancing investor confidence in the companyโs growth and profitability in the silver market.
First Majestic Silver Corp. will sell its San Martin Silver Mine in Mexico to Flextronics for $90 million, with $2.5 million upfront and $87.5 million in future payments.
The sale of the San Martin Silver Mine for $90 million signals First Majestic's strategy to optimize its asset portfolio, potentially enhancing cash flow and reducing operational risks, impacting stock valuation.
Gold mining stocks struggled in H1 2026 due to an oil crisis. H2 2026 may see stability but limited gains; long-term prospects are improving.
Gold mining stocks faced challenges in H1 2026 due to an oil crisis, impacting short-term performance. However, potential for long-term growth remains, signaling cautious optimism for investors.
Silver is nearing a critical support level in its long-term trend after a two-year rally, indicating a pivotal moment for technical traders.
Silver's position near a critical trendline indicates potential volatility. A breakout could signal further gains, while a breakdown may prompt selling, impacting investor sentiment and market dynamics.
Infill drilling at Santo Niรฑo and Navidad yields significant silver and gold intercepts. Construction permits for the Santo Niรฑo and Navidad portals have been received.
Significant silver and gold intercepts and new construction permits enhance resource potential, likely boosting company valuation and attracting investor interest.
Based on our analysis of 2 Wall Street analysts, First Majestic Silver Corp (AG) has a median price target of $24.50. The highest price target is $26.00 and the lowest is $23.00.
According to current analyst ratings, AG has 5 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $16.40. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict AG stock could reach $24.50 in the next 12 months. This represents a 49.4% increase from the current price of $16.40. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company acquires, explores, develops, and produces mineral properties, primarily targeting silver with additional gold by-products. It generates revenue through the sale of silver and gold dorรฉ and concentrates, catering to industrial users, refiners, and investors.
The highest price target for AG is $26.00 from Heiko F. Ihle at HC Wainwright & Co., which represents a 58.5% increase from the current price of $16.40.
The lowest price target for AG is $23.00 from at , which represents a 40.2% increase from the current price of $16.40.
The overall analyst consensus for AG is bullish. Out of 2 Wall Street analysts, 5 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $24.50.
Stock price projections, including those for First Majestic Silver Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.