Pan American Silver (PAAS) Stock Forecast, Price Target & Predictions
PAAS Stock Forecast
Pan American Silver stock forecast is as follows: an average price target of $25.00 (represents a 17.92% upside from PAAS’s last price of $21.20) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
PAAS Price Target
The average price target for Pan American Silver (PAAS) is $25.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $30.00 to $22.00. This represents a potential 17.92% upside from PAAS's last price of $21.20.
PAAS Analyst Ratings
According to 5 Wall Street analysts, Pan American Silver's rating consensus is 'Buy'. The analyst rating breakdown for PAAS stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Pan American Silver Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 18, 2024 | Ovais Habib | Scotiabank | $23.00 | $19.93 | 15.40% | 8.49% |
| May 22, 2024 | Cosmos Chiu | CIBC | $30.00 | $21.84 | 37.33% | 41.51% |
| Jan 11, 2023 | - | RBC Capital | $22.00 | $18.09 | 21.61% | 3.77% |
The latest Pan American Silver stock forecast, released on Jun 18, 2024 by Ovais Habib from Scotiabank, set a price target of $23.00, which represents a 15.40% increase from the stock price at the time of the forecast ($19.93), and a 8.49% increase from PAAS last price ($21.20).
Pan American Silver Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $23.00 | $26.50 |
| Last Closing Price | $21.20 | $21.20 | $21.20 |
| Upside/Downside | -100.00% | 8.49% | 25.00% |
In the current month, the average price target of Pan American 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 Pan American Silver's last price of $21.20. This month's average price target is down -100.00% 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 17, 2024 | National Bank | Outperform | Outperform | Hold |
| Jul 16, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Jul 12, 2024 | Jefferies | Hold | Hold | Hold |
| Jul 10, 2024 | CIBC | Outperform | Outperform | Hold |
| Jun 18, 2024 | Scotiabank | Sector Outperform | Sector Outperform | Hold |
| May 23, 2024 | Scotiabank | Outperform | Outperform | Hold |
| May 22, 2024 | CIBC | Outperform | Outperform | Hold |
| May 13, 2024 | National Bank | Outperform | Outperform | Hold |
| Apr 08, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Apr 05, 2024 | National Bank | Outperform | Outperform | Hold |
Pan American Silver's last stock rating was published by National Bank on Jul 17, 2024. The company gave PAAS a "Outperform" rating, the same as its previous rate.
Pan American Silver Financial Forecast
Pan American Silver 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $390.30M | $375.47M | $338.89M | $340.47M |
| Avg Forecast | $671.00M | $671.00M | $718.90M | $752.30M | $761.76M | $742.01M | $707.81M | $665.17M | $647.13M | $669.40M | $670.22M | $698.04M | $801.87M | $685.45M | $695.16M | $597.93M | $613.57M | $661.68M | $642.32M | $361.80M | $389.45M | $336.00M | $493.77M |
| High Forecast | $671.00M | $671.00M | $718.90M | $752.30M | $761.76M | $742.01M | $707.81M | $665.17M | $647.13M | $669.40M | $670.22M | $698.04M | $801.87M | $747.68M | $695.16M | $597.93M | $619.24M | $661.68M | $642.32M | $361.80M | $389.45M | $336.00M | $592.52M |
| Low Forecast | $671.00M | $671.00M | $718.90M | $752.30M | $761.76M | $742.01M | $707.81M | $665.17M | $647.13M | $669.40M | $670.22M | $698.04M | $801.87M | $651.95M | $695.16M | $597.93M | $607.37M | $661.68M | $642.32M | $361.80M | $389.45M | $336.00M | $395.01M |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 7 | 1 | - | - | - | - | 17 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.96% | 1.01% | 0.69% |
Pan American Silver's average Quarter revenue forecast for Jun 23 based on 0 analysts is $642.32M, with a low forecast of $642.32M, and a high forecast of $642.32M. PAAS's average Quarter revenue forecast represents a 64.57% increase compared to the company's last Quarter revenue of $390.30M (Mar 23).
Pan American Silver 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 7 | 1 | - | - | - | - | 17 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $108.90M | $83.12M | $31.82M | $17.26M |
| Avg Forecast | $196.02M | $196.02M | $210.01M | $219.77M | $222.53M | $216.76M | $206.77M | $194.32M | $189.05M | $195.55M | $195.79M | $203.92M | $234.25M | $200.24M | $203.08M | $282.76M | $179.24M | $193.30M | $187.64M | $257.05M | $113.77M | $227.74M | $249.12M |
| High Forecast | $196.02M | $196.02M | $210.01M | $219.77M | $222.53M | $216.76M | $206.77M | $194.32M | $189.05M | $195.55M | $195.79M | $203.92M | $234.25M | $218.42M | $203.08M | $339.31M | $180.90M | $193.30M | $187.64M | $308.46M | $113.77M | $273.28M | $298.95M |
| Low Forecast | $196.02M | $196.02M | $210.01M | $219.77M | $222.53M | $216.76M | $206.77M | $194.32M | $189.05M | $195.55M | $195.79M | $203.92M | $234.25M | $190.46M | $203.08M | $226.21M | $177.43M | $193.30M | $187.64M | $205.64M | $113.77M | $182.19M | $199.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.42% | 0.73% | 0.14% | 0.07% |
0 analysts predict PAAS's average Quarter EBITDA for Jun 23 to be $187.64M, with a high of $187.64M and a low of $187.64M. This is 72.31% upper than Pan American Silver's previous annual EBITDA (Mar 23) of $108.90M.
Pan American Silver 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 7 | 1 | - | - | - | - | 17 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.40M | $-172.06M | $-71.20M | $-173.63M |
| Avg Forecast | $84.17M | $83.73M | $83.29M | $90.85M | $93.10M | $93.79M | $92.34M | $92.96M | $98.88M | $103.87M | $107.77M | $102.41M | $114.70M | $68.55M | $52.99M | $124.79M | $30.96M | $21.08M | $25.80M | $113.44M | $16.16M | $29.79M | $104.04M |
| High Forecast | $84.17M | $83.73M | $83.29M | $90.85M | $93.10M | $93.79M | $92.34M | $92.96M | $98.88M | $103.87M | $107.77M | $102.41M | $114.70M | $99.39M | $52.99M | $149.75M | $58.04M | $36.13M | $25.80M | $136.13M | $16.16M | $35.74M | $124.85M |
| Low Forecast | $84.17M | $83.73M | $83.29M | $90.85M | $93.10M | $93.79M | $92.34M | $92.96M | $98.88M | $103.87M | $107.77M | $102.41M | $114.70M | $58.27M | $52.99M | $99.83M | $19.35M | $4.52M | $25.80M | $90.76M | $16.16M | $23.83M | $83.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.14% | -10.65% | -2.39% | -1.67% |
Pan American Silver's average Quarter net income forecast for Jun 23 is $25.80M, with a range of $25.80M to $25.80M. PAAS's average Quarter net income forecast represents a 57.30% increase compared to the company's last Quarter net income of $16.40M (Mar 23).
Pan American Silver 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 7 | 1 | - | - | - | - | 17 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $10.40M | $3.00M | $6.76M | $8.31M |
| Avg Forecast | $15.82M | $15.82M | $16.95M | $17.74M | $17.96M | $17.50M | $16.69M | $15.69M | $15.26M | $15.79M | $15.81M | $16.46M | $18.91M | $16.17M | $16.39M | $17.77M | $14.47M | $15.60M | $15.15M | $16.15M | $9.18M | $13.36M | $13.88M |
| High Forecast | $15.82M | $15.82M | $16.95M | $17.74M | $17.96M | $17.50M | $16.69M | $15.69M | $15.26M | $15.79M | $15.81M | $16.46M | $18.91M | $17.63M | $16.39M | $21.32M | $14.60M | $15.60M | $15.15M | $19.38M | $9.18M | $16.03M | $16.66M |
| Low Forecast | $15.82M | $15.82M | $16.95M | $17.74M | $17.96M | $17.50M | $16.69M | $15.69M | $15.26M | $15.79M | $15.81M | $16.46M | $18.91M | $15.38M | $16.39M | $14.21M | $14.32M | $15.60M | $15.15M | $12.92M | $9.18M | $10.68M | $11.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.64% | 0.33% | 0.51% | 0.60% |
Pan American Silver's average Quarter SG&A projection for Jun 23 is $15.15M, based on 0 Wall Street analysts, with a range of $15.15M to $15.15M. The forecast indicates a 45.66% rise compared to PAAS last annual SG&A of $10.40M (Mar 23).
Pan American Silver 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 7 | 1 | - | - | - | - | 17 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.08 | $-0.82 | $-0.34 | $-0.82 |
| Avg Forecast | $0.23 | $0.23 | $0.23 | $0.25 | $0.26 | $0.26 | $0.25 | $0.26 | $0.27 | $0.29 | $0.30 | $0.28 | $0.32 | $0.19 | $0.15 | $-0.06 | $0.09 | $0.06 | $0.07 | $0.02 | $0.04 | $-0.07 | $1.15 |
| High Forecast | $0.23 | $0.23 | $0.23 | $0.25 | $0.26 | $0.26 | $0.25 | $0.26 | $0.27 | $0.29 | $0.30 | $0.28 | $0.32 | $0.27 | $0.15 | $-0.06 | $0.16 | $0.10 | $0.07 | $0.02 | $0.04 | $-0.07 | $1.24 |
| Low Forecast | $0.23 | $0.23 | $0.23 | $0.25 | $0.26 | $0.26 | $0.25 | $0.26 | $0.27 | $0.29 | $0.30 | $0.28 | $0.32 | $0.16 | $0.15 | $-0.06 | $0.05 | $0.01 | $0.07 | $0.02 | $0.04 | $-0.07 | $1.03 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.55% | -18.42% | 5.17% | -0.71% |
According to 0 Wall Street analysts, Pan American Silver's projected average Quarter EPS for Jun 23 is $0.07, with a low estimate of $0.07 and a high estimate of $0.07. This represents a -11.15% decrease compared to PAAS previous annual EPS of $0.08 (Mar 23).
Pan American Silver Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FNV | Franco-Nevada | $125.13 | $157.31 | 25.72% | Buy |
| GOLD | Barrick Gold | $20.84 | $25.81 | 23.85% | Buy |
| PAAS | Pan American Silver | $21.20 | $25.00 | 17.92% | Buy |
| NEM | Newmont | $53.71 | $62.09 | 15.60% | Buy |
| GFI | Gold Fields | $14.21 | $16.00 | 12.60% | Hold |
| SAND | Sandstorm Gold | $6.22 | $7.00 | 12.54% | Buy |
| EGO | Eldorado Gold | $17.99 | $20.00 | 11.17% | Buy |
| RGLD | Royal Gold | $143.19 | $149.75 | 4.58% | Buy |
| AEM | Agnico Eagle Mines | $83.17 | $76.26 | -8.31% | Buy |
| KGC | Kinross Gold | $9.84 | $8.99 | -8.64% | Buy |
| AU | AngloGold Ashanti | $28.61 | $25.32 | -11.50% | Buy |
| WPM | Wheaton Precious Metals | $62.56 | $54.28 | -13.24% | Buy |
| IAG | IAMGOLD | $5.42 | $4.02 | -25.83% | Hold |
PAAS Forecast FAQ
Is Pan American Silver a good buy?
Yes, according to 5 Wall Street analysts, Pan American Silver (PAAS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 80.00% of PAAS's total ratings.
What is PAAS's price target?
Pan American Silver (PAAS) average price target is $25 with a range of $22 to $30, implying a 17.92% from its last price of $21.2. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Pan American Silver stock go up soon?
According to Wall Street analysts' prediction for PAAS stock, the company can go up by 17.92% (from the last price of $21.2 to the average price target of $25), up by 41.51% based on the highest stock price target, and up by 3.77% based on the lowest stock price target.
Can Pan American Silver stock reach $30?
PAAS's average twelve months analyst stock price target of $25 does not support the claim that Pan American Silver can reach $30 in the near future.
What are Pan American Silver's analysts' financial forecasts?
Pan American Silver's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.88B (high $2.88B, low $2.88B), average EBITDA is $840.39M (high $840.39M, low $840.39M), average net income is $372.19M (high $372.19M, low $372.19M), average SG&A $67.84M (high $67.84M, low $67.84M), and average EPS is $1.03 (high $1.03, low $1.03). PAAS's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $2.81B (high $2.81B, low $2.81B), average EBITDA is $821.82M (high $821.82M, low $821.82M), average net income is $342.04M (high $342.04M, low $342.04M), average SG&A $66.34M (high $66.34M, low $66.34M), and average EPS is $0.942 (high $0.942, low $0.942).
Did the PAAS's actual financial results beat the analysts' financial forecasts?
Based on Pan American Silver's last annual report (Dec 2022), the company's revenue was $1.49B, beating the average analysts forecast of $1.22B by 22.60%. Apple's EBITDA was $295.51M, missing the average prediction of $590.63M by -49.97%. The company's net income was $-340M, missing the average estimation of $149.99M by -326.72%. Apple's SG&A was $28.98M, missing the average forecast of $36.42M by -20.45%. Lastly, the company's EPS was $-1.62, missing the average prediction of $1.13 by -242.93%. In terms of the last quarterly report (Mar 2023), Pan American Silver's revenue was $390.3M, beating the average analysts' forecast of $361.8M by 7.88%. The company's EBITDA was $108.9M, missing the average prediction of $257.05M by -57.63%. Pan American Silver's net income was $16.4M, missing the average estimation of $113.44M by -85.54%. The company's SG&A was $10.4M, missing the average forecast of $16.15M by -35.60%. Lastly, the company's EPS was $0.08, beating the average prediction of $0.0225 by 255.09%