Hudbay Minerals (HBM) Stock Forecast, Price Target & Predictions
HBM Stock Forecast
Hudbay Minerals stock forecast is as follows: an average price target of $10.34 (represents a 36.95% upside from HBM’s last price of $7.55) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
HBM Price Target
The average price target for Hudbay Minerals (HBM) is $10.34 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $10.34 to $10.34. This represents a potential 36.95% upside from HBM's last price of $7.55.
HBM Analyst Ratings
According to 10 Wall Street analysts, Hudbay Minerals's rating consensus is 'Buy'. The analyst rating breakdown for HBM stock is 0 'Strong Buy' (0.00%), 10 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Hudbay Minerals Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 22, 2021 | Greg Barnes | TD Securities | $10.34 | $6.91 | 49.71% | 37.02% |
The latest Hudbay Minerals stock forecast, released on Nov 22, 2021 by Greg Barnes from TD Securities, set a price target of $10.34, which represents a 49.71% increase from the stock price at the time of the forecast ($6.91), and a 37.02% increase from HBM last price ($7.55).
Hudbay Minerals Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $7.55 | $7.55 | $7.55 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Hudbay Minerals stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Hudbay Minerals's last price of $7.55. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 19, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Aug 14, 2024 | National Bank | Outperform | Outperform | Hold |
| Aug 13, 2024 | Jefferies | Hold | Buy | Upgrade |
| Jul 15, 2024 | National Bank | Outperform | Outperform | Hold |
| Jul 12, 2024 | Jefferies | Hold | Hold | Hold |
| Jun 10, 2024 | National Bank | Outperform | Outperform | Hold |
| May 15, 2024 | Scotiabank | Outperform | Outperform | Hold |
| May 15, 2024 | RBC Capital | Outperform | Outperform | Hold |
| May 15, 2024 | CIBC | Outperform | Outperform | Hold |
| May 15, 2024 | BMO Capital | Outperform | Outperform | Hold |
Hudbay Minerals's last stock rating was published by Scotiabank on Aug 19, 2024. The company gave HBM a "Outperform" rating, the same as its previous rate.
Hudbay Minerals Financial Forecast
Hudbay Minerals Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $604.28M | - | - | $295.22M | $321.20M | $346.17M | $415.45M | $378.62M | $425.17M | $358.96M | $404.24M | $313.62M | $322.29M | $316.11M |
| Avg Forecast | $575.29M | $561.61M | $548.25M | $535.21M | $522.48M | $510.05M | $497.92M | $486.07M | $462.85M | $475.87M | $572.46M | $583.69M | $635.89M | $460.61M | $441.09M | $488.39M | $552.74M | $507.77M | $341.23M | $325.49M | $395.64M | $286.13M | $425.63M | $396.73M | $438.18M | $382.30M | $416.66M | $353.25M | $296.87M | $273.14M |
| High Forecast | $596.17M | $581.99M | $568.14M | $554.63M | $541.44M | $528.56M | $515.99M | $503.71M | $479.65M | $493.14M | $593.23M | $604.87M | $658.96M | $536.84M | $457.09M | $506.12M | $667.34M | $526.20M | $353.62M | $337.30M | $409.99M | $296.52M | $586.71M | $546.88M | $604.01M | $526.98M | $574.35M | $486.94M | $409.23M | $376.51M |
| Low Forecast | $554.40M | $541.21M | $528.34M | $515.77M | $503.50M | $491.53M | $479.84M | $468.42M | $446.05M | $458.59M | $551.67M | $562.49M | $612.80M | $396.75M | $425.07M | $470.66M | $414.24M | $489.33M | $328.84M | $313.67M | $381.27M | $275.74M | $268.70M | $250.45M | $276.62M | $241.34M | $263.04M | $223.00M | $187.41M | $172.43M |
| # Analysts | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | - | - | 0.91% | 0.81% | 1.21% | 0.98% | 0.95% | 0.97% | 0.94% | 0.97% | 0.89% | 1.09% | 1.16% |
Hudbay Minerals's average Quarter revenue forecast for Mar 24 based on 3 analysts is $488.39M, with a low forecast of $470.66M, and a high forecast of $506.12M. HBM's average Quarter revenue forecast represents a -19.18% decrease compared to the company's last Quarter revenue of $604.28M (Dec 23).
Hudbay Minerals EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $256.05M | - | - | $102.72M | $104.59M | $87.86M | $226.01M | $187.12M | $104.01M | $-40.98M | $133.08M | $35.66M | $122.32M | $94.92M |
| Avg Forecast | $163.20M | $159.31M | $155.52M | $151.83M | $148.21M | $144.69M | $141.25M | $137.89M | $131.30M | $134.99M | $162.39M | $165.58M | $180.39M | $130.67M | $125.13M | $370.84M | $156.80M | $144.04M | $96.80M | $92.33M | $112.23M | $-121.72M | $120.74M | $306.48M | $124.30M | $108.45M | $118.20M | $128.39M | $84.22M | $77.48M |
| High Forecast | $169.12M | $165.10M | $161.17M | $157.34M | $153.59M | $149.94M | $146.37M | $142.89M | $136.07M | $139.89M | $168.29M | $171.59M | $186.93M | $152.29M | $129.67M | $445.01M | $189.31M | $149.27M | $100.31M | $95.68M | $116.31M | $-97.38M | $166.43M | $367.77M | $171.34M | $149.49M | $162.93M | $154.06M | $116.09M | $106.81M |
| Low Forecast | $157.27M | $153.53M | $149.88M | $146.31M | $142.83M | $139.43M | $136.12M | $132.88M | $126.53M | $130.09M | $156.50M | $159.57M | $173.84M | $112.55M | $120.58M | $296.67M | $117.51M | $138.81M | $93.28M | $88.98M | $108.16M | $-146.06M | $76.22M | $245.18M | $78.47M | $68.46M | $74.62M | $102.71M | $53.16M | $48.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.63% | - | - | 1.11% | 0.93% | -0.72% | 1.87% | 0.61% | 0.84% | -0.38% | 1.13% | 0.28% | 1.45% | 1.23% |
3 analysts predict HBM's average Quarter EBITDA for Mar 24 to be $370.84M, with a high of $445.01M and a low of $296.67M. This is 44.83% upper than Hudbay Minerals's previous annual EBITDA (Dec 23) of $256.05M.
Hudbay Minerals Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $31.57M | - | - | $5.46M | $-17.44M | $-8.13M | $32.14M | $63.81M | $-10.45M | $-170.41M | $-3.40M | $-60.10M | $7.41M | $-23.95M |
| Avg Forecast | $110.06M | $110.06M | $110.06M | $109.99M | $97.43M | $97.39M | $97.32M | $95.70M | $60.26M | $80.72M | $80.24M | $78.20M | $92.24M | $33.86M | $24.16M | $126.35M | $52.95M | $41.86M | $34.53M | $114.87M | $12.65M | $-506.12M | $43.46M | $104.42M | $43.87M | $17.58M | $31.41M | $-216.37M | $-27.10M | $-44.35M |
| High Forecast | $115.25M | $115.25M | $115.25M | $115.18M | $102.02M | $101.98M | $101.91M | $100.21M | $63.10M | $84.52M | $84.02M | $81.89M | $96.59M | $94.81M | $25.30M | $151.62M | $105.90M | $43.83M | $36.16M | $137.84M | $13.25M | $-404.90M | $64.84M | $125.31M | $65.45M | $26.23M | $46.86M | $-173.09M | $-14.11M | $-23.09M |
| Low Forecast | $104.87M | $104.87M | $104.87M | $104.79M | $92.83M | $92.79M | $92.72M | $91.18M | $57.42M | $76.91M | $76.45M | $74.51M | $87.89M | $-3.39M | $23.02M | $101.08M | $17.65M | $39.88M | $32.90M | $91.89M | $12.06M | $-607.34M | $22.63M | $83.54M | $22.84M | $9.16M | $16.36M | $-259.64M | $-40.44M | $-66.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.60% | - | - | 0.05% | -1.38% | 0.02% | 0.74% | 0.61% | -0.24% | -9.69% | -0.11% | 0.28% | -0.27% | 0.54% |
Hudbay Minerals's average Quarter net income forecast for Mar 24 is $126.35M, with a range of $101.08M to $151.62M. HBM's average Quarter net income forecast represents a 300.28% increase compared to the company's last Quarter net income of $31.57M (Dec 23).
Hudbay Minerals SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.65M | - | - | $9.15M | $10.08M | $10.45M | $1.62M | $11.84M | $13.72M | $9.30M | $10.05M | $9.95M | $14.69M | $10.90M |
| Avg Forecast | $16.57M | $16.18M | $15.79M | $15.42M | $15.05M | $14.69M | $14.34M | $14.00M | $13.33M | $13.71M | $16.49M | $16.81M | $18.32M | $13.27M | $12.71M | $23.45M | $15.92M | $14.63M | $9.83M | $21.31M | $11.40M | $27.62M | $12.26M | $19.38M | $12.62M | $11.01M | $12.00M | $68.47M | $8.55M | $7.87M |
| High Forecast | $17.17M | $16.76M | $16.37M | $15.98M | $15.60M | $15.23M | $14.86M | $14.51M | $13.82M | $14.20M | $17.09M | $17.42M | $18.98M | $15.46M | $13.17M | $28.13M | $19.22M | $15.16M | $10.19M | $25.58M | $11.81M | $33.14M | $16.90M | $23.25M | $17.40M | $15.18M | $16.54M | $82.17M | $11.79M | $10.85M |
| Low Forecast | $15.97M | $15.59M | $15.22M | $14.86M | $14.50M | $14.16M | $13.82M | $13.49M | $12.85M | $13.21M | $15.89M | $16.20M | $17.65M | $11.43M | $12.24M | $18.76M | $11.93M | $14.10M | $9.47M | $17.05M | $10.98M | $22.09M | $7.74M | $15.50M | $7.97M | $6.95M | $7.58M | $54.78M | $5.40M | $4.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | - | - | 0.43% | 0.88% | 0.38% | 0.13% | 0.61% | 1.09% | 0.84% | 0.84% | 0.15% | 1.72% | 1.39% |
Hudbay Minerals's average Quarter SG&A projection for Mar 24 is $23.45M, based on 3 Wall Street analysts, with a range of $18.76M to $28.13M. The forecast indicates a 85.35% rise compared to HBM last annual SG&A of $12.65M (Dec 23).
Hudbay Minerals EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.09 | - | - | $0.02 | $-0.07 | $-0.03 | $0.12 | $0.24 | $-0.04 | $-0.65 | $-0.01 | $-0.23 | $0.03 | $-0.09 |
| Avg Forecast | $0.30 | $0.30 | $0.30 | $0.30 | $0.26 | $0.26 | $0.26 | $0.26 | $0.16 | $0.22 | $0.22 | $0.21 | $0.25 | $0.09 | $0.07 | $0.01 | $0.14 | $0.11 | $0.09 | $0.05 | $0.03 | $-0.08 | $0.12 | $0.09 | $0.12 | $0.05 | $0.09 | $0.03 | $-0.07 | $-0.12 |
| High Forecast | $0.31 | $0.31 | $0.31 | $0.31 | $0.28 | $0.28 | $0.28 | $0.27 | $0.17 | $0.23 | $0.23 | $0.22 | $0.26 | $0.26 | $0.07 | $0.02 | $0.29 | $0.12 | $0.10 | $0.05 | $0.04 | $-0.08 | $0.18 | $0.14 | $0.18 | $0.07 | $0.13 | $0.05 | $-0.04 | $-0.06 |
| Low Forecast | $0.28 | $0.28 | $0.28 | $0.28 | $0.25 | $0.25 | $0.25 | $0.25 | $0.16 | $0.21 | $0.21 | $0.20 | $0.24 | $-0.01 | $0.06 | $0.01 | $0.05 | $0.11 | $0.09 | $0.04 | $0.03 | $-0.09 | $0.06 | $0.05 | $0.06 | $0.02 | $0.04 | $0.02 | $-0.11 | $-0.18 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.63% | - | - | 0.43% | -1.94% | 0.37% | 1.02% | 2.60% | -0.34% | -13.62% | -0.12% | -7.44% | -0.39% | 0.75% |
According to 3 Wall Street analysts, Hudbay Minerals's projected average Quarter EPS for Mar 24 is $0.01, with a low estimate of $0.01 and a high estimate of $0.02. This represents a -83.84% decrease compared to HBM previous annual EPS of $0.09 (Dec 23).
Hudbay Minerals Peer Comparison by Price Target
HBM Forecast FAQ
Is Hudbay Minerals a good buy?
Yes, according to 10 Wall Street analysts, Hudbay Minerals (HBM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 100.00% of HBM's total ratings.
What is HBM's price target?
Hudbay Minerals (HBM) average price target is $10.34 with a range of $10.34 to $10.34, implying a 36.95% from its last price of $7.55. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Hudbay Minerals stock go up soon?
According to Wall Street analysts' prediction for HBM stock, the company can go up by 36.95% (from the last price of $7.55 to the average price target of $10.34), up by 37.02% based on the highest stock price target, and up by 37.02% based on the lowest stock price target.
Can Hudbay Minerals stock reach $11?
HBM's average twelve months analyst stock price target of $10.34 does not support the claim that Hudbay Minerals can reach $11 in the near future.
What are Hudbay Minerals's analysts' financial forecasts?
Hudbay Minerals's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.02B (high $2.09B, low $1.94B), average EBITDA is $572.04M (high $592.8M, low $551.27M), average net income is $387.83M (high $406.13M, low $369.52M), average SG&A $58.09M (high $60.19M, low $55.98M), and average EPS is $1.05 (high $1.1, low $1). HBM's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $2.22B (high $2.3B, low $2.14B), average EBITDA is $629.86M (high $652.72M, low $606.99M), average net income is $440.17M (high $460.94M, low $419.4M), average SG&A $63.96M (high $66.28M, low $61.63M), and average EPS is $1.2 (high $1.25, low $1.14).
Did the HBM's actual financial results beat the analysts' financial forecasts?
Based on Hudbay Minerals's last annual report (Dec 2022), the company's revenue was $1.46B, which missed the average analysts forecast of $1.5B by -2.84%. Apple's EBITDA was $467.11M, beating the average prediction of $417.73M by 11.82%. The company's net income was $70.38M, missing the average estimation of $-346M by -120.37%. Apple's SG&A was $33.99M, missing the average forecast of $70.65M by -51.89%. Lastly, the company's EPS was $0.27, beating the average prediction of $0.161 by 68.00%. In terms of the last quarterly report (Dec 2023), Hudbay Minerals's revenue was $604.28M, beating the average analysts' forecast of $552.74M by 9.32%. The company's EBITDA was $256.05M, beating the average prediction of $156.8M by 63.30%. Hudbay Minerals's net income was $31.57M, missing the average estimation of $52.95M by -40.38%. The company's SG&A was $12.65M, missing the average forecast of $15.92M by -20.55%. Lastly, the company's EPS was $0.0904, missing the average prediction of $0.144 by -37.11%