First Majestic Silver (AG) Stock Forecast, Price Target & Predictions


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AG Stock Forecast


First Majestic Silver stock forecast is as follows: an average price target of $8.50 (represents a 27.63% upside from AG’s last price of $6.66) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.

AG Price Target


The average price target for First Majestic Silver (AG) is $8.50 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $8.50 to $8.50. This represents a potential 27.63% upside from AG's last price of $6.66.

AG Analyst Ratings


Hold

According to 5 Wall Street analysts, First Majestic Silver's rating consensus is 'Hold'. The analyst rating breakdown for AG stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 4 'Hold' (80.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

First Majestic Silver Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 19, 2024Heiko IhleH.C. Wainwright$8.50$6.7725.55%27.63%
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The latest First Majestic Silver stock forecast, released on Apr 19, 2024 by Heiko Ihle from H.C. Wainwright, set a price target of $8.50, which represents a 25.55% increase from the stock price at the time of the forecast ($6.77), and a 27.63% increase from AG last price ($6.66).

First Majestic Silver Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$8.50
Last Closing Price$6.66$6.66$6.66
Upside/Downside-100.00%-100.00%27.63%

In the current month, the average price target of First Majestic Silver stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to First Majestic Silver's last price of $6.66. 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


DateCompanyPrevious RatingNew RatingRating Change
Oct 21, 2024BMO CapitalMarket PerformMarket PerformHold
Oct 18, 2024H.C. WainwrightBuyBuyHold
Jul 19, 2024BMO CapitalMarket PerformMarket PerformHold
Jul 17, 2024National BankSector PerformSector PerformHold
May 23, 2024ScotiabankSector PerformSector PerformHold
May 09, 2024BMO CapitalMarket PerformMarket PerformHold
Apr 19, 2024H.C. WainwrightBuyBuyHold
Apr 05, 2024National BankSector PerformSector PerformHold
Apr 26, 2022Zacks Investment Research-HoldUpgrade
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First Majestic Silver's last stock rating was published by BMO Capital on Oct 21, 2024. The company gave AG a "Market Perform" rating, the same as its previous rate.

First Majestic Silver Financial Forecast


First Majestic Silver Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue--------------$147.31M$157.60M$148.79M$160.48M$160.10M$157.48M$206.06M$125.12M$154.86M$101.19M$117.89M$126.83M$34.85M$86.79M$101.37M$96.99M
Avg Forecast$306.79M$306.79M$306.24M$275.49M$227.93M$227.94M$233.52M$233.40M$164.00M$147.00M$129.74M$112.00M$132.91M$130.15M$133.00M$145.69M$155.91M$156.00M$186.00M$172.00M$199.00M$184.00M$155.00M$105.00M$119.00M$138.00M$92.60M$93.63M$98.68M$96.98M
High Forecast$321.75M$321.75M$321.17M$288.93M$239.05M$239.06M$244.91M$244.78M$172.00M$150.84M$129.74M$117.46M$138.44M$136.50M$139.49M$152.80M$163.51M$156.00M$186.00M$172.00M$199.00M$184.00M$155.00M$105.00M$119.00M$138.00M$92.60M$93.63M$98.68M$96.98M
Low Forecast$291.82M$291.82M$291.30M$262.05M$216.82M$216.82M$222.13M$222.01M$156.00M$143.16M$129.74M$106.54M$127.38M$123.80M$126.51M$138.58M$148.30M$156.00M$186.00M$172.00M$199.00M$184.00M$155.00M$105.00M$119.00M$138.00M$92.60M$93.63M$98.68M$96.98M
# Analysts111111112111111111111111545443
Surprise %--------------1.11%1.08%0.95%1.03%0.86%0.92%1.04%0.68%1.00%0.96%0.99%0.92%0.38%0.93%1.03%1.00%

First Majestic Silver's average Quarter revenue forecast for Sep 23 based on 1 analysts is $130.15M, with a low forecast of $123.80M, and a high forecast of $136.50M. AG's average Quarter revenue forecast represents a -11.65% decrease compared to the company's last Quarter revenue of $147.31M (Jun 23).

First Majestic Silver EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111112111111111111111545443
EBITDA--------------$14.16M$10.41M$8.99M$22.51M$29.62M$26.37M$70.98M$19.84M$45.75M$28.77M$42.51M$54.29M$-13.81M$22.02M$28.33M$34.76M
Avg Forecast$45.86M$45.86M$45.78M$41.18M$34.08M$34.08M$34.91M$34.89M$24.52M$21.98M$19.40M$52.09M$19.87M$19.46M$19.88M$55.71M$28.96M$34.38M$40.99M$59.59M$43.85M$40.55M$34.16M$16.76M$26.22M$30.41M$20.40M$-42.09M$21.74M$21.37M
High Forecast$48.10M$48.10M$48.01M$43.19M$35.74M$35.74M$36.61M$36.59M$25.71M$22.55M$19.40M$62.51M$20.70M$20.41M$20.85M$66.86M$34.75M$34.38M$40.99M$71.50M$43.85M$40.55M$34.16M$20.11M$26.22M$30.41M$20.40M$-33.68M$21.74M$21.37M
Low Forecast$43.63M$43.63M$43.55M$39.18M$32.41M$32.41M$33.21M$33.19M$23.32M$21.40M$19.40M$41.67M$19.04M$18.51M$18.91M$44.57M$23.17M$34.38M$40.99M$47.67M$43.85M$40.55M$34.16M$13.41M$26.22M$30.41M$20.40M$-50.51M$21.74M$21.37M
Surprise %--------------0.71%0.19%0.31%0.65%0.72%0.44%1.62%0.49%1.34%1.72%1.62%1.79%-0.68%-0.52%1.30%1.63%

1 analysts predict AG's average Quarter EBITDA for Sep 23 to be $19.46M, with a high of $20.41M and a low of $18.51M. This is 37.40% upper than First Majestic Silver's previous annual EBITDA (Jun 23) of $14.16M.

First Majestic Silver Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111112111111111111111545443
Net Income--------------$-17.53M$-100.66M$-16.82M$-20.69M$-84.05M$7.29M$-3.97M$-18.41M$15.60M$1.85M$34.55M$30.95M$-9.97M$-32.44M$-39.95M$8.56M
Avg Forecast$16.96M$16.42M$16.92M$11.23M$13.55M$15.05M$16.56M$18.06M$13.20M$6.02M$-7.94M$12.90M$-2.84M$4.65M$-6.77M$13.79M$32.30M$-7.01M$839.87K$14.75M$21.44M$1.17M$22.63M$2.62M$30.06M$39.63M$-8.01M$-35.68M$13.74M$15.02M
High Forecast$18.04M$17.46M$17.99M$11.94M$14.40M$16.00M$17.60M$21.07M$14.04M$6.40M$-7.44M$15.48M$-708.86K$4.71M$-6.34M$16.55M$38.76M$-7.01M$839.87K$17.70M$21.44M$1.17M$22.63M$3.15M$30.06M$39.63M$-8.01M$-28.54M$13.74M$15.02M
Low Forecast$15.89M$15.38M$15.84M$10.52M$12.69M$14.10M$15.51M$15.05M$12.36M$5.64M$-8.44M$10.32M$-4.96M$4.58M$-7.20M$11.03M$25.84M$-7.01M$839.87K$11.80M$21.44M$1.17M$22.63M$2.10M$30.06M$39.63M$-8.01M$-42.82M$13.74M$15.02M
Surprise %--------------2.59%-7.30%-0.52%2.95%-100.07%0.49%-0.19%-15.76%0.69%0.71%1.15%0.78%1.24%0.91%-2.91%0.57%

First Majestic Silver's average Quarter net income forecast for Jun 22 is $839.87K, with a range of $839.87K to $839.87K. AG's average Quarter net income forecast represents a -88.47% decrease compared to the company's last Quarter net income of $7.29M (Mar 22).

First Majestic Silver SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111112111111111111111545443
SG&A--------------$14.60M$12.69M$10.61M$11.43M$11.96M$14.70M$9.45M$8.88M$9.26M$10.10M$8.95M$6.75M$7.32M$8.21M$9.14M$8.71M
Avg Forecast$24.86M$24.86M$24.82M$22.33M$18.47M$18.47M$18.93M$18.92M$13.29M$11.91M$10.52M$26.03M$10.77M$10.55M$10.78M$27.84M$8.37M$13.86M$16.52M$29.77M$17.68M$16.34M$13.77M$14.28M$10.57M$12.26M$8.23M$9.03M$8.77M$8.61M
High Forecast$26.08M$26.08M$26.03M$23.42M$19.37M$19.38M$19.85M$19.84M$13.94M$12.23M$10.52M$31.23M$11.22M$11.06M$11.31M$33.41M$10.05M$13.86M$16.52M$35.73M$17.68M$16.34M$13.77M$17.13M$10.57M$12.26M$8.23M$10.83M$8.77M$8.61M
Low Forecast$23.65M$23.65M$23.61M$21.24M$17.57M$17.57M$18.00M$17.99M$12.64M$11.60M$10.52M$20.82M$10.32M$10.03M$10.25M$22.27M$6.70M$13.86M$16.52M$23.82M$17.68M$16.34M$13.77M$11.42M$10.57M$12.26M$8.23M$7.22M$8.77M$8.61M
Surprise %--------------1.35%0.46%1.27%0.82%0.72%0.49%0.53%0.54%0.67%0.71%0.85%0.55%0.89%0.91%1.04%1.01%

First Majestic Silver's average Quarter SG&A projection for Sep 23 is $10.55M, based on 1 Wall Street analysts, with a range of $10.03M to $11.06M. The forecast indicates a -27.77% fall compared to AG last annual SG&A of $14.60M (Jun 23).

First Majestic Silver EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111112111111111111111545443
EPS--------------$-0.06$-0.37$-0.06$-0.08$-0.32$0.03$-0.02$-0.07$0.06$0.01$0.16$0.14$-0.05$-0.15$-0.19$0.04
Avg Forecast$0.06$0.05$0.06$0.04$0.04$0.05$0.06$0.06$0.04$0.02$-0.03$-0.05$-0.01$0.02$-0.02$-0.02$-0.03$-0.02-$0.02$0.07-$0.08$0.07$0.10$0.14$-0.03$0.02$0.05$0.05
High Forecast$0.06$0.06$0.06$0.04$0.05$0.05$0.06$0.07$0.05$0.02$-0.02$-0.04$-0.00$0.02$-0.02$-0.02$-0.03$-0.02-$0.02$0.07-$0.08$0.07$0.10$0.14$-0.03$0.02$0.05$0.05
Low Forecast$0.05$0.05$0.05$0.03$0.04$0.05$0.05$0.05$0.04$0.02$-0.03$-0.05$-0.02$0.02$-0.02$-0.02$-0.04$-0.02-$0.02$0.07-$0.08$0.07$0.10$0.14$-0.03$0.02$0.05$0.05
Surprise %--------------2.77%16.76%1.84%3.28%-111.27%1.89%-0.21%-17.95%0.77%0.15%1.55%1.03%1.73%-6.88%-4.04%0.78%

According to 1 Wall Street analysts, First Majestic Silver's projected average Quarter EPS for Jun 22 is -, with a low estimate of - and a high estimate of -. This represents a -90.41% decrease compared to AG previous annual EPS of $0.03 (Mar 22).

AG Forecast FAQ


Is First Majestic Silver a good buy?

No, according to 5 Wall Street analysts, First Majestic Silver (AG) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of AG's total ratings.

What is AG's price target?

First Majestic Silver (AG) average price target is $8.5 with a range of $8.5 to $8.5, implying a 27.63% from its last price of $6.66. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will First Majestic Silver stock go up soon?

According to Wall Street analysts' prediction for AG stock, the company can go up by 27.63% (from the last price of $6.66 to the average price target of $8.5), up by 27.63% based on the highest stock price target, and up by 27.63% based on the lowest stock price target.

Can First Majestic Silver stock reach $10?

AG's average twelve months analyst stock price target of $8.5 does not support the claim that First Majestic Silver can reach $10 in the near future.

What are First Majestic Silver's analysts' financial forecasts?

First Majestic Silver's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $922.79M (high $967.81M, low $877.78M), average EBITDA is $137.95M (high $144.68M, low $131.22M), average net income is $63.21M (high $69.08M, low $57.34M), average SG&A $74.79M (high $78.44M, low $71.14M), and average EPS is $0.21 (high $0.23, low $0.19). AG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.2B (high $1.25B, low $1.14B), average EBITDA is $178.69M (high $187.41M, low $169.98M), average net income is $61.53M (high $65.43M, low $57.63M), average SG&A $96.88M (high $101.6M, low $92.15M), and average EPS is $0.204 (high $0.217, low $0.191).

Did the AG's actual financial results beat the analysts' financial forecasts?

Based on First Majestic Silver's last annual report (Dec 2022), the company's revenue was $626.85M, which missed the average analysts forecast of $669.91M by -6.43%. Apple's EBITDA was $86.87M, missing the average prediction of $163.91M by -47.00%. The company's net income was $-114M, missing the average estimation of $40.88M by -379.52%. Apple's SG&A was $48.7M, missing the average forecast of $68.52M by -28.93%. Lastly, the company's EPS was $-0.43, beating the average prediction of $-0.04 by 974.27%. In terms of the last quarterly report (Jun 2023), First Majestic Silver's revenue was $147.31M, beating the average analysts' forecast of $133M by 10.76%. The company's EBITDA was $14.16M, missing the average prediction of $19.88M by -28.78%. First Majestic Silver's net income was $-17.534M, beating the average estimation of $-6.773M by 158.90%. The company's SG&A was $14.6M, beating the average forecast of $10.78M by 35.48%. Lastly, the company's EPS was $-0.0624, beating the average prediction of $-0.0225 by 177.33%