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 19.81% upside from HBM’s last price of $8.63) 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 19.81% upside from HBM's last price of $8.63.
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% | 19.87% |
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 19.87% increase from HBM last price ($8.63).
Hudbay Minerals Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $8.63 | $8.63 | $8.63 |
| 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 $8.63. 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 |
|---|---|---|---|---|
| Oct 08, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Oct 04, 2024 | Jefferies | Buy | Buy | Hold |
| 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 |
Hudbay Minerals's last stock rating was published by Scotiabank on Oct 08, 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 | $643.27M | $454.47M | $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 | $575.29M | $561.61M | $548.25M | $535.21M | $522.48M | $510.05M | $497.92M | $486.07M | $462.85M | $475.87M | $572.46M | $583.69M | $643.27M | $531.25M | $441.09M | $488.39M | $667.34M | $522.97M | $341.23M | $325.49M | $395.64M | $286.13M | $425.63M | $396.73M | $438.18M | $382.30M | $416.66M | $353.25M | $296.87M | $273.14M |
| Low 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 | $643.27M | $389.61M | $441.09M | $488.39M | $414.24M | $492.57M | $341.23M | $325.49M | $395.64M | $286.13M | $425.63M | $396.73M | $438.18M | $382.30M | $416.66M | $353.25M | $296.87M | $273.14M |
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 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 $488.39M, and a high forecast of $488.39M. 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 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 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 | $182.48M | $128.92M | $125.13M | $370.84M | $156.80M | $144.04M | $96.80M | $92.33M | $114.41M | $81.17M | $120.74M | $306.48M | $124.30M | $108.45M | $118.20M | $128.39M | $84.22M | $77.48M |
| High 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 | $182.48M | $150.70M | $125.13M | $445.01M | $189.31M | $148.35M | $96.80M | $92.33M | $137.29M | $81.17M | $120.74M | $367.77M | $124.30M | $108.45M | $118.20M | $154.06M | $84.22M | $77.48M |
| Low 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 | $182.48M | $110.52M | $125.13M | $296.67M | $117.51M | $139.73M | $96.80M | $92.33M | $91.53M | $81.17M | $120.74M | $245.18M | $124.30M | $108.45M | $118.20M | $102.71M | $84.22M | $77.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.63% | - | - | 1.11% | 0.91% | 1.08% | 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 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 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 | $121.54M | $121.54M | $121.54M | $121.49M | $89.77M | $89.75M | $89.72M | $88.90M | $66.39M | $88.97M | $87.43M | $84.87M | $91.39M | $16.43M | $24.16M | $126.35M | $52.95M | $41.86M | $34.53M | $114.87M | $-11.50M | $-30.97M | $43.46M | $104.42M | $43.87M | $17.58M | $31.41M | $-216.37M | $-27.10M | $-44.35M |
| High Forecast | $121.54M | $121.54M | $121.54M | $121.49M | $89.77M | $89.75M | $89.72M | $88.90M | $66.39M | $88.97M | $87.43M | $84.87M | $91.39M | $39.43M | $24.23M | $151.62M | $105.90M | $43.95M | $34.53M | $137.84M | $-9.20M | $-30.97M | $43.46M | $125.31M | $43.87M | $17.58M | $31.41M | $-173.09M | $-27.10M | $-44.35M |
| Low Forecast | $121.54M | $121.54M | $121.54M | $121.49M | $89.77M | $89.75M | $89.72M | $88.90M | $66.39M | $88.97M | $87.43M | $84.87M | $91.39M | $-3.29M | $24.08M | $101.08M | $17.65M | $39.77M | $34.53M | $91.89M | $-13.80M | $-30.97M | $43.46M | $83.54M | $43.87M | $17.58M | $31.41M | $-259.64M | $-27.10M | $-44.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.60% | - | - | 0.05% | 1.52% | 0.26% | 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 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 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 | $18.53M | $13.09M | $12.71M | $23.45M | $15.92M | $14.63M | $9.83M | $21.31M | $15.09M | $8.24M | $12.26M | $19.38M | $12.62M | $11.01M | $12.00M | $68.47M | $8.55M | $7.87M |
| High 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 | $18.53M | $15.30M | $12.71M | $28.13M | $19.22M | $15.06M | $9.83M | $25.58M | $18.11M | $8.24M | $12.26M | $23.25M | $12.62M | $11.01M | $12.00M | $82.17M | $8.55M | $7.87M |
| Low 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 | $18.53M | $11.22M | $12.71M | $18.76M | $11.93M | $14.19M | $9.83M | $17.05M | $12.07M | $8.24M | $12.26M | $15.50M | $12.62M | $11.01M | $12.00M | $54.78M | $8.55M | $7.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | - | - | 0.43% | 0.67% | 1.27% | 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 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 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 | $0.33 | $0.33 | $0.33 | $0.33 | $0.24 | $0.24 | $0.24 | $0.24 | $0.18 | $0.24 | $0.24 | $0.23 | $0.25 | $0.04 | $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 | $0.33 | $0.33 | $0.33 | $0.33 | $0.24 | $0.24 | $0.24 | $0.24 | $0.18 | $0.24 | $0.24 | $0.23 | $0.25 | $0.11 | $0.07 | $0.01 | $0.29 | $0.12 | $0.09 | $0.05 | $0.03 | $-0.08 | $0.12 | $0.09 | $0.12 | $0.05 | $0.09 | $0.03 | $-0.07 | $-0.12 |
| Low Forecast | $0.33 | $0.33 | $0.33 | $0.33 | $0.24 | $0.24 | $0.24 | $0.24 | $0.18 | $0.24 | $0.24 | $0.23 | $0.25 | $-0.01 | $0.07 | $0.01 | $0.05 | $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 |
| 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 $0.01. This represents a -83.84% decrease compared to HBM previous annual EPS of $0.09 (Dec 23).