First Majestic Silver stock forecast
First Majestic Silver (FMV) Stock Forecast & Price Target
FMV Analyst Ratings
FMV Stock 12 Month Forecast
Average Price Target
€20.82▲(52.78% Upside)Detailed List of Analyst Forecasts
| Price Target | Article | |||||||
|---|---|---|---|---|---|---|---|---|
| Heiko Ihle | H.C. Wainwright | €22.87→€22.42 | buy | 64.55%Upside | Reiterated | 11/06/26 | ||
| Richard Gray | ATB Cormark Capital Markets | €19.06 | buy | 39.91%Upside | Reiterated | 11/06/26 | ||
| Eric Winmill | Scotiabank | €20.18 | hold | 48.10%Upside | Reiterated | 11/06/26 | ||
| Kevin O'Halloran | BMO Capital | €22.24→€21.60 | buy | 58.56%Upside | Reiterated | 11/06/26 |
| Rating | Article | ||||
|---|---|---|---|---|---|
| Heiko IhleH.C. Wainwright | BuyReiterated€22.87→€22.42 | 11/06/26 | 64.55%Upside | ||
| Richard GrayATB Cormark Capital Markets | BuyReiterated€19.06 | 11/06/26 | 39.91%Upside | ||
| Eric WinmillScotiabank | HoldReiterated€20.18 | 11/06/26 | 48.10%Upside | ||
| Kevin O'HalloranBMO Capital | BuyReiterated€22.24→€21.60 | 11/06/26 | 58.56%Upside |
Best Analysts Covering First Majestic Silver
Copying Richard Gray's trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +14.37% per trade.
Copying Heiko Ihle's trades and holding each position for 1 Year would result in 61.11% of your transactions generating a profit, with an average return of +86.13% per trade.
Copying Heiko Ihle's trades and holding each position for 2 Years would result in 61.11% of your transactions generating a profit, with an average return of +73.64% per trade.
FMV Analyst Recommendation Trends
| Rating | Jul 26 | Aug 26 | Sep 26 | Oct 26 | Nov 26 |
|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 0 | 2 |
| Buy | 2 | 0 | 0 | 3 | 4 |
| Hold | 6 | 4 | 4 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| total | 12 | 8 | 8 | 6 | 10 |
In the current month, FMV has received 6 Buy Ratings, 4 Hold Ratings, and 0 Sell Ratings. FMV average Analyst price target in the past 3 months is 20.82.
FMV Financial Forecast
FMV Earnings Forecast
Next quarter’s earnings estimate for FMV is EUR 0.14 with a range of EUR 0.07 to EUR 0.18. The previous quarter’s EPS was EUR 0.17. Its overall industry beat the EPS estimate 45.00% of the time in the past 12 months.
FMV Sales Forecast
Next quarter’s sales forecast for FMV is EUR 313.61M with a range of EUR 313.61M to EUR 313.61M. The previous quarter’s sales results were EUR 348.93M. Its overall industry beat sales estimates 58.40% of the time in the past 12 months.

