Agnico Eagle Mines (AEM) Stock Forecast, Price Target & Predictions
AEM Stock Forecast
Agnico Eagle Mines stock forecast is as follows: an average price target of $78.94 (represents a -4.66% downside from AEM’s last price of $82.80) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
AEM Price Target
The average price target for Agnico Eagle Mines (AEM) is $78.94 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $95.00 to $66.00. This represents a potential -4.66% downside from AEM's last price of $82.80.
AEM Analyst Ratings
According to 13 Wall Street analysts, Agnico Eagle Mines's rating consensus is 'Buy'. The analyst rating breakdown for AEM stock is 0 'Strong Buy' (0.00%), 12 'Buy' (92.31%), 1 'Hold' (7.69%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Agnico Eagle Mines Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 17, 2024 | Daniel Major | UBS | $95.00 | $82.25 | 15.50% | 14.73% |
| Jul 12, 2024 | Matthew Murphy | Jefferies | $66.00 | $74.62 | -11.55% | -20.29% |
| Jul 05, 2024 | Josh Wolfson | RBC Capital | $80.00 | $69.80 | 14.61% | -3.38% |
| Jun 20, 2024 | Jackie Przybylowski | BMO Capital | $77.00 | $64.61 | 19.18% | -7.00% |
| Jun 18, 2024 | Tanya Jakusconek | Scotiabank | $81.00 | $64.61 | 25.37% | -2.17% |
| Jun 08, 2022 | Matthew Murphy | Barclays | $70.00 | $53.48 | 30.89% | -15.46% |
| Apr 21, 2022 | - | Barclays | $71.00 | $61.76 | 14.96% | -14.25% |
| Jan 21, 2022 | Puneet Singh | Industrial Alliance Securities | $83.55 | $50.50 | 65.45% | 0.91% |
The latest Agnico Eagle Mines stock forecast, released on Sep 17, 2024 by Daniel Major from UBS, set a price target of $95.00, which represents a 15.50% increase from the stock price at the time of the forecast ($82.25), and a 14.73% increase from AEM last price ($82.80).
Agnico Eagle Mines Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 5 |
| Avg Price Target | - | $95.00 | $79.80 |
| Last Closing Price | $82.80 | $82.80 | $82.80 |
| Upside/Downside | -100.00% | 14.73% | -3.62% |
In the current month, the average price target of Agnico Eagle Mines stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Agnico Eagle Mines's last price of $82.80. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 04, 2024 | Jefferies | Hold | Hold | Hold |
| Sep 17, 2024 | UBS | - | Buy | Initialise |
| Aug 19, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Aug 02, 2024 | TD Securities | Buy | Buy | Hold |
| Jul 29, 2024 | Zacks Investment Research | Positive | Positive | Hold |
| Jul 17, 2024 | National Bank | Outperform | Outperform | Hold |
| Jul 12, 2024 | Jefferies | Hold | Hold | Hold |
| Jul 10, 2024 | CIBC | Outperform | Outperform | Hold |
| Jul 05, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jun 20, 2024 | BMO Capital | Outperform | Outperform | Hold |
Agnico Eagle Mines's last stock rating was published by Jefferies on Oct 04, 2024. The company gave AEM a "Hold" rating, the same as its previous rate.
Agnico Eagle Mines Financial Forecast
Agnico Eagle Mines Revenue Forecast
| Jan 28 | Oct 27 | Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.45B | $1.58B | $1.33B | $949.10M | $974.07M | $966.32M | $934.39M | $928.45M | $980.61M |
| Avg Forecast | $1.67B | $1.67B | $1.67B | $1.81B | $2.37B | $2.46B | $2.46B | $2.46B | $2.59B | $2.56B | $2.47B | $2.44B | $2.30B | $2.15B | $2.03B | $1.79B | $1.76B | $1.65B | $1.71B | $1.48B | $1.41B | $1.43B | $1.58B | $1.27B | $944.41M | $956.59M | $956.04M | $902.92M | $944.31M | $935.33M |
| High Forecast | $1.74B | $1.74B | $1.74B | $1.87B | $2.46B | $2.55B | $2.55B | $2.55B | $2.68B | $2.65B | $2.57B | $2.53B | $2.39B | $2.23B | $2.11B | $1.85B | $1.83B | $1.68B | $1.78B | $1.54B | $1.46B | $1.43B | $1.58B | $1.27B | $944.41M | $956.59M | $956.04M | $902.92M | $944.31M | $935.33M |
| Low Forecast | $1.59B | $1.59B | $1.59B | $1.71B | $2.25B | $2.33B | $2.33B | $2.33B | $2.45B | $2.43B | $2.35B | $2.32B | $2.18B | $2.04B | $1.92B | $1.69B | $1.67B | $1.62B | $1.62B | $1.40B | $1.34B | $1.43B | $1.58B | $1.27B | $944.41M | $956.59M | $956.04M | $902.92M | $944.31M | $935.33M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.05% | 1.00% | 1.02% | 1.01% | 1.03% | 0.98% | 1.05% |
Agnico Eagle Mines's average Quarter revenue forecast for Jan 23 based on 1 analysts is $1.41B, with a low forecast of $1.34B, and a high forecast of $1.46B. AEM's average Quarter revenue forecast represents a -2.86% decrease compared to the company's last Quarter revenue of $1.45B (Sep 22).
Agnico Eagle Mines EBITDA Forecast
| Jan 28 | Oct 27 | Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $665.65M | $790.87M | $521.41M | $399.81M | $447.28M | $468.67M | $450.86M | $439.52M | $510.37M |
| Avg Forecast | $843.95M | $843.95M | $843.95M | $911.57M | $1.20B | $1.24B | $1.24B | $1.24B | $1.31B | $1.29B | $1.25B | $1.23B | $1.16B | $1.08B | $1.02B | $305.56M | $889.22M | $834.26M | $864.30M | $277.78M | $524.12M | $636.81M | $702.01M | $219.59M | $420.81M | $426.23M | $425.99M | $382.37M | $420.76M | $416.76M |
| High Forecast | $876.07M | $876.07M | $876.07M | $946.26M | $1.24B | $1.29B | $1.29B | $1.29B | $1.35B | $1.34B | $1.30B | $1.28B | $1.20B | $1.13B | $1.06B | $366.67M | $923.06M | $847.69M | $897.19M | $333.34M | $628.95M | $636.81M | $702.01M | $263.51M | $420.81M | $426.23M | $425.99M | $458.84M | $420.76M | $416.76M |
| Low Forecast | $800.66M | $800.66M | $800.66M | $864.81M | $1.14B | $1.18B | $1.18B | $1.18B | $1.24B | $1.22B | $1.18B | $1.17B | $1.10B | $1.03B | $971.45M | $244.45M | $843.61M | $820.05M | $819.97M | $222.22M | $419.30M | $636.81M | $702.01M | $175.67M | $420.81M | $426.23M | $425.99M | $305.90M | $420.76M | $416.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.13% | 2.37% | 0.95% | 1.05% | 1.10% | 1.18% | 1.04% | 1.22% |
1 analysts predict AEM's average Quarter EBITDA for Jan 23 to be $524.12M, with a high of $628.95M and a low of $419.30M. This is -21.26% lower than Agnico Eagle Mines's previous annual EBITDA (Sep 22) of $665.65M.
Agnico Eagle Mines Net Income Forecast
| Jan 28 | Oct 27 | Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $79.64M | $275.85M | $109.75M | $102.82M | $114.48M | $189.56M | $136.15M | $205.22M | $222.65M |
| Avg Forecast | $472.32M | $463.61M | $449.29M | $433.97M | $610.32M | $642.61M | $643.06M | $639.99M | $626.77M | $631.73M | $617.43M | $613.27M | $597.87M | $528.33M | $461.07M | $73.23M | $258.54M | $214.84M | $277.68M | $66.57M | $131.08M | $214.10M | $298.39M | $52.62M | $275.59M | $298.37M | $300.12M | $120.26M | $326.72M | $319.67M |
| High Forecast | $495.69M | $486.55M | $471.52M | $455.44M | $640.51M | $674.40M | $674.87M | $671.65M | $657.78M | $662.98M | $647.97M | $705.59M | $671.30M | $554.47M | $464.10M | $87.87M | $281.03M | $265.12M | $291.42M | $79.88M | $157.29M | $214.10M | $298.39M | $63.15M | $275.59M | $298.37M | $300.12M | $144.32M | $326.72M | $319.67M |
| Low Forecast | $440.82M | $432.70M | $419.33M | $405.03M | $569.62M | $599.76M | $600.18M | $597.31M | $584.98M | $589.60M | $576.26M | $514.35M | $498.23M | $493.09M | $458.04M | $58.58M | $213.58M | $178.27M | $259.16M | $53.26M | $104.86M | $214.10M | $298.39M | $42.10M | $275.59M | $298.37M | $300.12M | $96.21M | $326.72M | $319.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.37% | 0.92% | 2.09% | 0.37% | 0.38% | 0.63% | 1.13% | 0.63% | 0.70% |
Agnico Eagle Mines's average Quarter net income forecast for Jan 23 is $131.08M, with a range of $104.86M to $157.29M. AEM's average Quarter net income forecast represents a 64.58% increase compared to the company's last Quarter net income of $79.64M (Sep 22).
Agnico Eagle Mines SG&A Forecast
| Jan 28 | Oct 27 | Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $49.46M | $49.27M | $67.54M | $34.43M | $31.32M | $31.32M | $44.93M | $33.91M | $26.29M |
| Avg Forecast | $64.20M | $64.20M | $64.20M | $69.35M | $91.08M | $94.40M | $94.40M | $94.40M | $99.29M | $98.21M | $94.95M | $93.75M | $88.30M | $82.49M | $77.90M | $45.06M | $67.65M | $63.47M | $65.75M | $40.97M | $44.64M | $55.06M | $60.69M | $32.39M | $36.38M | $36.85M | $36.83M | $39.69M | $36.38M | $36.03M |
| High Forecast | $66.65M | $66.65M | $66.65M | $71.99M | $94.55M | $97.99M | $97.99M | $97.99M | $103.07M | $101.95M | $98.56M | $97.32M | $91.66M | $85.63M | $80.86M | $54.08M | $70.22M | $64.49M | $68.25M | $49.16M | $53.56M | $55.06M | $60.69M | $38.86M | $36.38M | $36.85M | $36.83M | $47.63M | $36.38M | $36.03M |
| Low Forecast | $60.91M | $60.91M | $60.91M | $65.79M | $86.41M | $89.55M | $89.55M | $89.55M | $94.20M | $93.17M | $90.08M | $88.94M | $83.77M | $78.26M | $73.90M | $36.05M | $64.18M | $62.38M | $62.38M | $32.77M | $35.71M | $55.06M | $60.69M | $25.91M | $36.38M | $36.85M | $36.83M | $31.75M | $36.38M | $36.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.81% | 2.09% | 0.95% | 0.85% | 0.85% | 1.13% | 0.93% | 0.73% |
Agnico Eagle Mines's average Quarter SG&A projection for Jan 23 is $44.64M, based on 1 Wall Street analysts, with a range of $35.71M to $53.56M. The forecast indicates a -9.76% fall compared to AEM last annual SG&A of $49.46M (Sep 22).
Agnico Eagle Mines EPS Forecast
| Jan 28 | Oct 27 | Jul 27 | Apr 27 | Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.17 | $0.61 | $0.29 | $0.42 | $0.47 | $0.78 | $0.56 | $0.85 | $0.92 |
| Avg Forecast | $0.94 | $0.92 | $0.89 | $0.86 | $1.22 | $1.28 | $1.28 | $1.27 | $1.25 | $1.26 | $1.23 | $1.22 | $1.19 | $1.05 | $0.92 | $0.61 | $0.51 | $0.43 | $0.55 | $0.46 | $0.41 | $0.43 | $0.60 | $0.39 | $0.55 | $0.60 | $0.60 | $0.59 | $0.65 | $0.64 |
| High Forecast | $0.99 | $0.97 | $0.94 | $0.91 | $1.28 | $1.34 | $1.34 | $1.34 | $1.31 | $1.32 | $1.29 | $1.41 | $1.34 | $1.10 | $0.92 | $0.62 | $0.56 | $0.53 | $0.58 | $0.49 | $0.43 | $0.43 | $0.60 | $0.39 | $0.55 | $0.60 | $0.60 | $0.59 | $0.65 | $0.64 |
| Low Forecast | $0.88 | $0.86 | $0.84 | $0.81 | $1.13 | $1.19 | $1.20 | $1.19 | $1.17 | $1.17 | $1.15 | $1.02 | $0.99 | $0.98 | $0.91 | $0.61 | $0.43 | $0.36 | $0.52 | $0.43 | $0.38 | $0.43 | $0.60 | $0.39 | $0.55 | $0.60 | $0.60 | $0.59 | $0.65 | $0.64 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.40% | 1.02% | 0.75% | 0.76% | 0.79% | 1.30% | 0.95% | 1.30% | 1.44% |
According to 1 Wall Street analysts, Agnico Eagle Mines's projected average Quarter EPS for Jan 23 is $0.41, with a low estimate of $0.38 and a high estimate of $0.43. This represents a 138.34% increase compared to AEM previous annual EPS of $0.17 (Sep 22).
Agnico Eagle Mines Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NEM | Newmont | $42.99 | $62.59 | 45.59% | Buy |
| GOLD | Barrick Gold | $17.89 | $25.43 | 42.15% | Buy |
| FNV | Franco-Nevada | $121.45 | $154.25 | 27.01% | Buy |
| SAND | Sandstorm Gold | $5.68 | $7.00 | 23.24% | Buy |
| PAAS | Pan American Silver | $22.42 | $25.00 | 11.51% | Buy |
| GFI | Gold Fields | $14.94 | $16.00 | 7.10% | Hold |
| RGLD | Royal Gold | $148.60 | $151.11 | 1.69% | Buy |
| OR | Osisko Gold Royalties | $19.84 | $19.00 | -4.23% | Buy |
| AEM | Agnico Eagle Mines | $82.80 | $78.94 | -4.66% | Buy |
| KGC | Kinross Gold | $9.97 | $8.99 | -9.83% | Buy |
| WPM | Wheaton Precious Metals | $62.96 | $56.34 | -10.51% | Buy |
| IAG | IAMGOLD | $5.57 | $4.02 | -27.83% | Hold |