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 26.10% upside from HBM’s last price of $8.20) 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 26.10% upside from HBM's last price of $8.20.
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% | 26.16% |
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 26.16% increase from HBM last price ($8.20).
Hudbay Minerals Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $8.20 | $8.20 | $8.20 |
| 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 $8.20. 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 |
| May 15, 2024 | CIBC | Outperform | Outperform | Hold |
| May 15, 2024 | BMO Capital | Outperform | Outperform | Hold |
| May 14, 2024 | National Bank | Sector Perform | Outperform | Upgrade |
| May 02, 2024 | Jefferies | Hold | Initialise | |
| Apr 18, 2024 | Raymond James | Outperform | Outperform | Hold |
| Apr 17, 2024 | CIBC | Outperform | Outperform | Hold |
| Apr 09, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Apr 09, 2024 | Bank of America Securities | Buy | Upgrade | |
| Apr 05, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| Aug 18, 2022 | Credit Suisse | Outperform | Outperform | Hold |
| Aug 10, 2022 | RBC Capital | Outperform | Outperform | Hold |
| Aug 09, 2022 | BMO Capital | Outperform | Outperform | Hold |
| Jul 19, 2022 | Barclays | Overweight | Upgrade | |
| May 11, 2022 | RBC Capital | Outperform | Outperform | Hold |
| May 11, 2022 | National Bank | 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 | $655.89M | $640.91M | $626.28M | $611.98M | $598.01M | $584.36M | $571.01M | $557.98M | $462.85M | $609.71M | $581.20M | $539.36M | $635.46M | $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 | $715.15M | $698.82M | $682.86M | $667.27M | $652.04M | $637.15M | $622.60M | $608.39M | $504.67M | $664.79M | $633.71M | $655.99M | $677.15M | $495.53M | $441.09M | $488.39M | $667.34M | $522.97M | $372.06M | $354.90M | $431.38M | $286.13M | $425.63M | $396.73M | $438.18M | $382.30M | $416.66M | $353.25M | $296.87M | $273.14M |
| Low Forecast | $619.16M | $605.02M | $591.21M | $577.71M | $564.52M | $551.63M | $539.04M | $526.73M | $436.93M | $575.56M | $548.65M | $491.85M | $498.51M | $429.02M | $441.09M | $488.39M | $414.24M | $492.57M | $322.12M | $307.26M | $373.48M | $286.13M | $425.63M | $396.73M | $438.18M | $382.30M | $416.66M | $353.25M | $296.87M | $273.14M |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 7 | 3 | 3 | 3 | 6 | 4 | 4 | 4 | 2 | 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 7 | 3 | 3 | 3 | 6 | 4 | 4 | 4 | 2 | 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 | $149.52M | $146.11M | $142.77M | $139.51M | $136.33M | $133.21M | $130.17M | $127.20M | $105.52M | $138.99M | $132.49M | $122.95M | $144.86M | $103.60M | $100.55M | $370.84M | $126.01M | $115.75M | $77.79M | $74.20M | $114.41M | $81.17M | $120.74M | $306.48M | $124.30M | $108.45M | $118.20M | $128.39M | $84.22M | $77.48M |
| High Forecast | $163.03M | $159.31M | $155.67M | $152.12M | $148.64M | $145.25M | $141.93M | $138.69M | $115.05M | $151.55M | $144.46M | $149.54M | $154.37M | $112.96M | $100.55M | $445.01M | $152.13M | $119.22M | $84.82M | $80.90M | $137.29M | $81.17M | $120.74M | $367.77M | $124.30M | $108.45M | $118.20M | $154.06M | $84.22M | $77.48M |
| Low Forecast | $141.15M | $137.92M | $134.78M | $131.70M | $128.69M | $125.75M | $122.88M | $120.08M | $99.61M | $131.21M | $125.07M | $112.13M | $113.64M | $97.80M | $100.55M | $296.67M | $94.43M | $112.29M | $73.43M | $70.05M | $91.53M | $81.17M | $120.74M | $245.18M | $124.30M | $108.45M | $118.20M | $102.71M | $84.22M | $77.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.03% | - | - | 1.38% | 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 7 | 3 | 3 | 3 | 6 | 4 | 4 | 4 | 2 | 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 | $124.74M | $124.74M | $124.74M | $124.74M | $93.55M | $93.53M | $93.49M | $92.63M | $62.69M | $98.89M | $94.79M | $87.02M | $109.11M | $17.58M | $25.86M | $126.35M | $56.67M | $44.80M | $36.96M | $114.87M | $-11.50M | $-30.97M | $43.46M | $104.42M | $43.87M | $17.58M | $31.41M | $-216.37M | $-27.10M | $-44.35M |
| High Forecast | $139.39M | $139.39M | $139.39M | $139.39M | $104.54M | $104.52M | $104.47M | $103.50M | $70.05M | $110.50M | $105.92M | $174.05M | $163.66M | $19.65M | $25.94M | $151.62M | $113.34M | $47.04M | $41.30M | $137.84M | $-9.20M | $-30.97M | $43.46M | $125.31M | $43.87M | $17.58M | $31.41M | $-173.09M | $-27.10M | $-44.35M |
| Low Forecast | $115.65M | $115.65M | $115.65M | $115.65M | $86.74M | $86.72M | $86.68M | $85.88M | $58.12M | $91.69M | $87.89M | $29.01M | $58.75M | $16.30M | $25.77M | $101.08M | $18.89M | $42.56M | $34.27M | $91.89M | $-13.80M | $-30.97M | $43.46M | $83.54M | $43.87M | $17.58M | $31.41M | $-259.64M | $-27.10M | $-44.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.56% | - | - | 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 7 | 3 | 3 | 3 | 6 | 4 | 4 | 4 | 2 | 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 | $20.95M | $20.47M | $20.00M | $19.55M | $19.10M | $18.66M | $18.24M | $17.82M | $14.78M | $19.47M | $18.56M | $17.23M | $20.30M | $14.51M | $14.09M | $23.45M | $17.65M | $16.22M | $10.90M | $21.31M | $15.09M | $8.24M | $12.26M | $19.38M | $12.62M | $11.01M | $12.00M | $68.47M | $8.55M | $7.87M |
| High Forecast | $22.84M | $22.32M | $21.81M | $21.31M | $20.82M | $20.35M | $19.88M | $19.43M | $16.12M | $21.23M | $20.24M | $20.95M | $21.63M | $15.83M | $14.09M | $28.13M | $21.31M | $16.70M | $11.88M | $25.58M | $18.11M | $8.24M | $12.26M | $23.25M | $12.62M | $11.01M | $12.00M | $82.17M | $8.55M | $7.87M |
| Low Forecast | $19.77M | $19.32M | $18.88M | $18.45M | $18.03M | $17.62M | $17.22M | $16.82M | $13.95M | $18.38M | $17.52M | $15.71M | $15.92M | $13.70M | $14.09M | $18.76M | $13.23M | $15.73M | $10.29M | $17.05M | $12.07M | $8.24M | $12.26M | $15.50M | $12.62M | $11.01M | $12.00M | $54.78M | $8.55M | $7.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.72% | - | - | 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 7 | 3 | 3 | 3 | 6 | 4 | 4 | 4 | 2 | 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 | $0.32 | $0.32 | $0.32 | $0.32 | $0.24 | $0.24 | $0.24 | $0.23 | $0.16 | $0.25 | $0.24 | $0.22 | $0.28 | $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 | $0.35 | $0.35 | $0.35 | $0.35 | $0.27 | $0.27 | $0.27 | $0.26 | $0.18 | $0.28 | $0.27 | $0.44 | $0.42 | $0.05 | $0.07 | $0.02 | $0.29 | $0.12 | $0.10 | $0.05 | $0.04 | $-0.08 | $0.12 | $0.09 | $0.12 | $0.05 | $0.09 | $0.03 | $-0.07 | $-0.12 |
| Low Forecast | $0.29 | $0.29 | $0.29 | $0.29 | $0.22 | $0.22 | $0.22 | $0.22 | $0.15 | $0.23 | $0.22 | $0.07 | $0.15 | $0.04 | $0.07 | $0.01 | $0.05 | $0.11 | $0.09 | $0.04 | $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 $0.02. This represents a -83.84% decrease compared to HBM previous annual EPS of $0.09 (Dec 23).