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 $79.80 (represents a 2.10% upside from AEM’s last price of $78.16) 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 $79.80 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 2.10% upside from AEM's last price of $78.16.
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% | 21.55% |
| Jul 12, 2024 | Matthew Murphy | Jefferies | $66.00 | $74.62 | -11.55% | -15.56% |
| Jul 05, 2024 | Josh Wolfson | RBC Capital | $80.00 | $69.80 | 14.61% | 2.35% |
| Jun 20, 2024 | Jackie Przybylowski | BMO Capital | $77.00 | $64.61 | 19.18% | -1.48% |
| Jun 18, 2024 | Tanya Jakusconek | Scotiabank | $81.00 | $64.61 | 25.37% | 3.63% |
| Jun 08, 2022 | Matthew Murphy | Barclays | $70.00 | $53.48 | 30.89% | -10.44% |
| Apr 21, 2022 | Barclays | $71.00 | $61.76 | 14.96% | -9.16% | |
| Jan 21, 2022 | Puneet Singh | Industrial Alliance Securities | $83.55 | $50.50 | 65.45% | 6.90% |
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 21.55% increase from AEM last price ($78.16).
Agnico Eagle Mines Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 5 |
| Avg Price Target | - | - | $79.80 |
| Last Closing Price | $78.16 | $78.16 | $78.16 |
| Upside/Downside | -100.00% | -100.00% | 2.10% |
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 $78.16. This month's average price target is down NaN% 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 |
| Jun 18, 2024 | Scotiabank | Sector Outperform | Sector Outperform | Hold |
| May 23, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Apr 30, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Apr 30, 2024 | Citigroup | Buy | Buy | Hold |
| Apr 05, 2024 | National Bank | Outperform | Outperform | Hold |
| Sep 30, 2022 | Citigroup | Buy | Buy | Hold |
| Sep 12, 2022 | Goldman Sachs | Buy | Initialise | |
| Jun 08, 2022 | Barclays | Overweight | Overweight | 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 | $1.65B | $1.65B | $1.65B | $1.79B | $2.47B | $2.47B | $2.55B | $2.55B | $2.58B | $2.48B | $2.38B | $2.27B | $2.28B | $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 | $1.75B | $1.75B | $1.75B | $1.89B | $2.61B | $2.61B | $2.70B | $2.70B | $2.73B | $2.63B | $2.52B | $2.41B | $2.41B | $2.27B | $2.15B | $1.89B | $1.86B | $1.68B | $1.81B | $1.57B | $1.49B | $1.43B | $1.58B | $1.27B | $944.41M | $956.59M | $956.04M | $902.92M | $944.31M | $935.33M |
| Low Forecast | $1.49B | $1.49B | $1.49B | $1.61B | $2.23B | $2.23B | $2.31B | $2.31B | $2.33B | $2.24B | $2.15B | $2.06B | $2.06B | $1.94B | $1.83B | $1.61B | $1.59B | $1.62B | $1.55B | $1.34B | $1.27B | $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 $1.27B, and a high forecast of $1.49B. 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 | $838.21M | $838.21M | $838.21M | $905.37M | $1.25B | $1.25B | $1.30B | $1.30B | $1.31B | $1.26B | $1.21B | $1.15B | $1.15B | $1.09B | $1.03B | $305.56M | $893.10M | $837.91M | $868.07M | $277.78M | $524.12M | $636.81M | $702.01M | $219.59M | $420.81M | $426.23M | $425.99M | $382.37M | $420.76M | $416.76M |
| High Forecast | $887.56M | $887.56M | $887.56M | $958.67M | $1.32B | $1.32B | $1.37B | $1.37B | $1.38B | $1.33B | $1.28B | $1.22B | $1.22B | $1.15B | $1.09B | $366.67M | $945.68M | $851.39M | $919.18M | $333.34M | $628.95M | $636.81M | $702.01M | $263.51M | $420.81M | $426.23M | $425.99M | $458.84M | $420.76M | $416.76M |
| Low Forecast | $758.06M | $758.06M | $758.06M | $818.79M | $1.13B | $1.13B | $1.17B | $1.17B | $1.18B | $1.14B | $1.09B | $1.04B | $1.04B | $984.97M | $930.09M | $244.45M | $807.70M | $823.63M | $785.06M | $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 | $473.81M | $465.08M | $450.70M | $435.33M | $647.70M | $648.34M | $679.68M | $675.89M | $639.76M | $651.46M | $628.37M | $634.21M | $606.92M | $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 | $510.07M | $500.67M | $485.19M | $468.65M | $697.26M | $697.96M | $731.69M | $727.62M | $688.72M | $701.32M | $676.46M | $729.68M | $664.97M | $568.76M | $464.10M | $87.87M | $281.03M | $265.12M | $298.93M | $79.88M | $157.29M | $214.10M | $298.39M | $63.15M | $275.59M | $298.37M | $300.12M | $144.32M | $326.72M | $319.67M |
| Low Forecast | $414.91M | $407.26M | $394.67M | $381.21M | $567.18M | $567.74M | $595.19M | $591.87M | $560.22M | $570.47M | $550.25M | $531.92M | $501.37M | $462.65M | $458.04M | $58.58M | $213.58M | $178.27M | $243.16M | $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 | $76.81M | $76.81M | $76.81M | $82.96M | $114.65M | $114.65M | $118.67M | $118.67M | $119.67M | $115.29M | $110.56M | $105.70M | $105.79M | $99.80M | $94.24M | $45.06M | $81.83M | $76.78M | $79.54M | $40.97M | $44.64M | $55.06M | $60.69M | $32.39M | $36.38M | $36.85M | $36.83M | $39.69M | $36.38M | $36.03M |
| High Forecast | $81.33M | $81.33M | $81.33M | $87.84M | $121.40M | $121.40M | $125.66M | $125.66M | $126.72M | $122.07M | $117.07M | $111.92M | $112.02M | $105.67M | $99.78M | $54.08M | $86.65M | $78.01M | $84.22M | $49.16M | $53.56M | $55.06M | $60.69M | $38.86M | $36.38M | $36.85M | $36.83M | $47.63M | $36.38M | $36.03M |
| Low Forecast | $69.46M | $69.46M | $69.46M | $75.03M | $103.69M | $103.69M | $107.33M | $107.33M | $108.23M | $104.26M | $99.99M | $95.59M | $95.68M | $90.25M | $85.22M | $36.05M | $74.01M | $75.47M | $71.94M | $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 | $0.93 | $0.90 | $0.87 | $1.29 | $1.29 | $1.35 | $1.35 | $1.27 | $1.30 | $1.25 | $1.26 | $1.21 | $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 | $1.02 | $1.00 | $0.97 | $0.93 | $1.39 | $1.39 | $1.46 | $1.45 | $1.37 | $1.40 | $1.35 | $1.45 | $1.32 | $1.13 | $0.92 | $0.62 | $0.56 | $0.53 | $0.60 | $0.50 | $0.44 | $0.43 | $0.60 | $0.39 | $0.55 | $0.60 | $0.60 | $0.59 | $0.65 | $0.64 |
| Low Forecast | $0.83 | $0.81 | $0.79 | $0.76 | $1.13 | $1.13 | $1.19 | $1.18 | $1.12 | $1.14 | $1.10 | $1.06 | $1.00 | $0.92 | $0.91 | $0.61 | $0.43 | $0.36 | $0.48 | $0.41 | $0.35 | $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 $0.35 and a high estimate of $0.44. 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 |
|---|---|---|---|---|---|
| GOLD | Barrick Gold | $16.24 | $24.25 | 49.32% | Buy |
| NEM | Newmont | $39.80 | $57.86 | 45.38% | Buy |
| SAND | Sandstorm Gold | $5.61 | $7.50 | 33.69% | Buy |
| WPM | Wheaton Precious Metals | $59.76 | $73.50 | 22.99% | Buy |
| IAG | IAMGOLD | $5.31 | $6.40 | 20.53% | Hold |
| KGC | Kinross Gold | $9.57 | $11.50 | 20.17% | Buy |
| RGLD | Royal Gold | $144.27 | $169.40 | 17.42% | Buy |
| FNV | Franco-Nevada | $119.08 | $139.00 | 16.73% | Buy |
| GFI | Gold Fields | $13.90 | $16.00 | 15.11% | Hold |
| PAAS | Pan American Silver | $22.00 | $23.00 | 4.55% | Buy |
| OR | Osisko Gold Royalties | $18.98 | $19.00 | 0.11% | Buy |
| AEM | Agnico Eagle Mines | $81.73 | $79.80 | -2.36% | Buy |