First Majestic Silver (AG) Stock Forecast, Price Target & Predictions
AG Stock Forecast
First Majestic Silver stock forecast is as follows: an average price target of $8.50 (represents a 83.98% upside from AG’s last price of $4.62) 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 83.98% upside from AG's last price of $4.62.
AG Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 19, 2024 | Heiko Ihle | H.C. Wainwright | $8.50 | $6.77 | 25.55% | 83.98% |
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 83.98% increase from AG last price ($4.62).
First Majestic Silver Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $8.50 |
| Last Closing Price | $4.62 | $4.62 | $4.62 |
| Upside/Downside | -100.00% | -100.00% | 83.98% |
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 $4.62. 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 |
|---|---|---|---|---|
| Jul 19, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Jul 17, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| May 23, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| May 09, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Apr 19, 2024 | H.C. Wainwright | Buy | Buy | Hold |
| Apr 05, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Hold | Upgrade |
First Majestic Silver's last stock rating was published by BMO Capital on Jul 19, 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $234.06M | $234.06M | $234.06M | $208.77M | $161.70M | $164.87M | $164.87M | $171.29M | $148.58M | $139.32M | $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 | $234.06M | $234.06M | $234.06M | $208.77M | $161.70M | $164.87M | $164.87M | $171.29M | $148.58M | $139.32M | $129.74M | $112.00M | $138.44M | $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 |
| Low Forecast | $234.06M | $234.06M | $234.06M | $208.77M | $161.70M | $164.87M | $164.87M | $171.29M | $148.58M | $139.32M | $129.74M | $112.00M | $127.38M | $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 |
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 9 | 6 | 5 | 10 | 8 | 4 | 4 |
| 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 0 analysts is $130.15M, with a low forecast of $130.15M, and a high forecast of $130.15M. 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 9 | 6 | 5 | 10 | 8 | 4 | 4 |
| 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 | $51.58M | $51.58M | $51.58M | $46.00M | $35.63M | $36.33M | $36.33M | $37.75M | $32.74M | $30.70M | $28.59M | $52.09M | $29.29M | $28.68M | $29.31M | $55.71M | $34.36M | $54.16M | $40.99M | $59.59M | $43.85M | $57.93M | $63.53M | $16.76M | $30.97M | $54.67M | $6.44M | $-42.09M | $-149.40M | $26.77M |
| High Forecast | $51.58M | $51.58M | $51.58M | $46.00M | $35.63M | $36.33M | $36.33M | $37.75M | $32.74M | $30.70M | $28.59M | $62.51M | $30.51M | $28.68M | $29.31M | $66.86M | $34.36M | $65.00M | $40.99M | $71.50M | $43.85M | $69.51M | $76.24M | $20.11M | $37.17M | $65.60M | $7.73M | $-33.68M | $-119.52M | $32.13M |
| Low Forecast | $51.58M | $51.58M | $51.58M | $46.00M | $35.63M | $36.33M | $36.33M | $37.75M | $32.74M | $30.70M | $28.59M | $41.67M | $28.07M | $28.68M | $29.31M | $44.57M | $34.36M | $43.33M | $40.99M | $47.67M | $43.85M | $46.34M | $50.83M | $13.41M | $24.78M | $43.74M | $5.15M | $-50.51M | $-179.28M | $21.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.48% | 0.19% | 0.26% | 0.42% | 0.72% | 0.44% | 1.62% | 0.34% | 0.72% | 1.72% | 1.37% | 0.99% | -2.14% | -0.52% | -0.19% | 1.30% |
0 analysts predict AG's average Quarter EBITDA for Sep 23 to be $28.68M, with a high of $28.68M and a low of $28.68M. This is 102.52% upper than First Majestic Silver's previous annual EBITDA (Jun 23) of $14.16M.
First Majestic Silver Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 9 | 6 | 5 | 10 | 8 | 4 | 4 |
| 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 | $21.14M | $21.33M | $21.79M | $15.29M | $16.57M | $18.47M | $17.67M | $20.89M | $12.26M | $8.88M | $-7.70M | $12.90M | $-2.75M | $4.51M | $-6.57M | $13.79M | $-10.15M | $-77.44M | $826.02K | $14.75M | $21.07M | $-82.83M | $20.28M | $2.62M | $34.55M | $35.37M | $-13.29M | $-35.68M | $-211.47M | $6.85M |
| High Forecast | $21.14M | $21.33M | $21.79M | $15.29M | $16.57M | $18.47M | $17.67M | $20.89M | $12.26M | $8.88M | $-7.70M | $15.48M | $-687.72K | $4.51M | $-6.57M | $16.55M | $-10.15M | $-61.95M | $826.02K | $17.70M | $21.07M | $-66.26M | $24.33M | $3.15M | $41.45M | $42.44M | $-10.63M | $-28.54M | $-169.17M | $8.22M |
| Low Forecast | $21.14M | $21.33M | $21.79M | $15.29M | $16.57M | $18.47M | $17.67M | $20.89M | $12.26M | $8.88M | $-7.70M | $10.32M | $-4.81M | $4.51M | $-6.57M | $11.03M | $-10.15M | $-92.93M | $826.02K | $11.80M | $21.07M | $-99.39M | $16.22M | $2.10M | $27.64M | $28.29M | $-15.95M | $-42.82M | $-253.76M | $5.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.67% | -7.30% | 1.66% | 0.27% | -101.75% | 0.49% | -0.19% | 0.22% | 0.77% | 0.71% | 1.00% | 0.88% | 0.75% | 0.91% | 0.19% | 1.25% |
First Majestic Silver's average Quarter net income forecast for Jun 22 is $826.02K, with a range of $826.02K to $826.02K. AG's average Quarter net income forecast represents a -88.66% decrease compared to the company's last Quarter net income of $7.29M (Mar 22).
First Majestic Silver SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 9 | 6 | 5 | 10 | 8 | 4 | 4 |
| 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 | $20.79M | $20.79M | $20.79M | $18.54M | $14.36M | $14.64M | $14.65M | $15.22M | $13.20M | $12.38M | $11.52M | $26.03M | $11.81M | $11.56M | $11.81M | $27.84M | $13.85M | $37.35M | $16.52M | $29.77M | $17.68M | $39.94M | $12.04M | $14.28M | $8.95M | $7.71M | $9.77M | $9.03M | $48.37M | $6.96M |
| High Forecast | $20.79M | $20.79M | $20.79M | $18.54M | $14.36M | $14.64M | $14.65M | $15.22M | $13.20M | $12.38M | $11.52M | $31.23M | $12.30M | $11.56M | $11.81M | $33.41M | $13.85M | $44.81M | $16.52M | $35.73M | $17.68M | $47.93M | $14.45M | $17.13M | $10.74M | $9.25M | $11.72M | $10.83M | $58.04M | $8.36M |
| Low Forecast | $20.79M | $20.79M | $20.79M | $18.54M | $14.36M | $14.64M | $14.65M | $15.22M | $13.20M | $12.38M | $11.52M | $20.82M | $11.31M | $11.56M | $11.81M | $22.27M | $13.85M | $29.88M | $16.52M | $23.82M | $17.68M | $31.95M | $9.63M | $11.42M | $7.16M | $6.17M | $7.81M | $7.22M | $38.70M | $5.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.24% | 0.46% | 0.77% | 0.31% | 0.72% | 0.49% | 0.53% | 0.22% | 0.77% | 0.71% | 1.00% | 0.88% | 0.75% | 0.91% | 0.19% | 1.25% |
First Majestic Silver's average Quarter SG&A projection for Sep 23 is $11.56M, based on 0 Wall Street analysts, with a range of $11.56M to $11.56M. The forecast indicates a -20.84% fall compared to AG last annual SG&A of $14.60M (Jun 23).
First Majestic Silver EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | 9 | 6 | 5 | 10 | 8 | 4 | 4 |
| 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 | $0.07 | $0.07 | $0.07 | $0.05 | $0.06 | $0.06 | $0.06 | $0.07 | $0.04 | $0.03 | $-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 | $0.07 | $0.07 | $0.07 | $0.05 | $0.06 | $0.06 | $0.06 | $0.07 | $0.04 | $0.03 | $-0.03 | $-0.05 | $-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 | $0.07 | $0.07 | $0.07 | $0.05 | $0.06 | $0.06 | $0.06 | $0.07 | $0.04 | $0.03 | $-0.03 | $-0.05 | $-0.02 | $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 |
| 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 0 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 83.98% from its last price of $4.62. 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 83.98% (from the last price of $4.62 to the average price target of $8.5), up by 83.98% based on the highest stock price target, and up by 83.98% based on the lowest stock price target.
Can First Majestic Silver stock reach $7?
AG's average twelve months analyst stock price target of $8.5 supports the claim that First Majestic Silver can reach $7 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 $662.74M (high $662.74M, low $662.74M), average EBITDA is $146.04M (high $146.04M, low $146.04M), average net income is $73.61M (high $73.61M, low $73.61M), average SG&A $58.87M (high $58.87M, low $58.87M), and average EPS is $0.252 (high $0.252, low $0.252). AG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $910.94M (high $910.94M, low $910.94M), average EBITDA is $200.73M (high $200.73M, low $200.73M), average net income is $79.55M (high $79.55M, low $79.55M), average SG&A $80.92M (high $80.92M, low $80.92M), and average EPS is $0.272 (high $0.272, low $0.272).
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 $189.09M by -54.06%. The company's net income was $-114M, beating the average estimation of $-72.01M by 58.69%. Apple's SG&A was $48.7M, missing the average forecast of $97.49M by -50.04%. 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 $29.31M by -51.68%. First Majestic Silver's net income was $-17.534M, beating the average estimation of $-6.571M by 166.85%. The company's SG&A was $14.6M, beating the average forecast of $11.81M by 23.62%. Lastly, the company's EPS was $-0.0624, beating the average prediction of $-0.0225 by 177.33%