Pan American Silver (PAAS) Stock Forecast, Price Target & Predictions


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PAAS Stock Forecast


Pan American Silver stock forecast is as follows: an average price target of $23.00 (represents a 4.55% upside from PAAS’s last price of $22.00) 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 $23.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $23.00. This represents a potential 4.55% upside from PAAS's last price of $22.00.

PAAS Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 18, 2024Ovais HabibScotiabank$23.00$19.9315.40%4.55%
May 22, 2024Cosmos ChiuCIBC$30.00$21.8437.33%36.36%
Jan 11, 2023RBC Capital$22.00$18.0921.61%-

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 4.55% increase from PAAS last price ($22.00).

Pan American Silver Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$26.50
Last Closing Price$22.00$22.00$22.00
Upside/Downside-100.00%-100.00%20.45%

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 $22.00. 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


DateCompanyPrevious RatingNew RatingRating Change
Oct 10, 2024National BankOutperformOutperformHold
Oct 04, 2024JefferiesHoldHoldHold
Jul 17, 2024National BankOutperformOutperformHold
Jul 16, 2024ScotiabankOutperformOutperformHold
Jul 12, 2024JefferiesHoldHoldHold
Jul 10, 2024CIBCOutperformOutperformHold
Jun 18, 2024ScotiabankSector OutperformSector OutperformHold
May 23, 2024ScotiabankOutperformOutperformHold
May 22, 2024CIBCOutperformOutperformHold
May 13, 2024National BankOutperformOutperformHold
Apr 08, 2024ScotiabankOutperformOutperformHold
Apr 05, 2024National BankOutperformOutperformHold
Jan 11, 2023RBC CapitalOutperformUpgrade

Pan American Silver's last stock rating was published by National Bank on Oct 10, 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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue-------------------$390.30M$375.47M$338.89M$340.47M$439.89M$422.17M$460.35M$382.13M$368.10M$430.46M$300.41M
Avg Forecast$639.92M$639.92M$685.60M$717.46M$726.48M$707.64M$675.03M$634.37M$617.16M$638.40M$639.18M$665.71M$815.49M$723.33M$695.16M$597.93M$613.57M$661.68M$642.32M$361.80M$389.45M$336.00M$419.36M$438.80M$444.76M$448.26M$450.75M$434.37M$430.79M$398.85M
High Forecast$675.09M$675.09M$723.28M$756.89M$766.41M$746.54M$712.13M$669.23M$651.08M$673.49M$674.31M$727.16M$916.88M$763.09M$733.37M$630.79M$619.24M$698.05M$677.63M$381.68M$410.85M$336.00M$419.36M$438.80M$444.76M$448.26M$450.75M$434.37M$430.79M$398.85M
Low Forecast$577.03M$577.03M$618.22M$646.95M$655.08M$638.10M$608.69M$572.02M$556.51M$575.66M$576.36M$542.63M$728.92M$652.24M$626.84M$539.16M$607.37M$596.65M$579.20M$326.24M$351.17M$336.00M$419.36M$438.80M$444.76M$448.26M$450.75M$434.37M$430.79M$398.85M
# Analysts4444444433354234711111111111116
Surprise %-------------------1.08%0.96%1.01%0.81%1.00%0.95%1.03%0.85%0.85%1.00%0.75%

Pan American Silver's average Quarter revenue forecast for Jun 23 based on 1 analysts is $642.32M, with a low forecast of $579.20M, and a high forecast of $677.63M. 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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts4444444433354234711111111111116
EBITDA-------------------$108.90M$83.12M$31.82M$17.26M$169.74M$119.47M$154.83M$169.86M$106.31M$239.73M$149.39M
Avg Forecast$167.14M$167.14M$179.07M$187.39M$189.75M$184.83M$176.31M$165.69M$161.20M$166.74M$166.95M$173.88M$213.00M$188.93M$181.57M$282.76M$160.26M$172.82M$167.77M$257.05M$162.96M$98.16M$122.51M$233.68M$129.93M$130.95M$131.68M$151.31M$125.85M$116.52M
High Forecast$176.33M$176.33M$188.91M$197.69M$200.18M$194.99M$186.00M$174.80M$170.06M$175.91M$176.12M$189.93M$239.48M$199.31M$191.55M$339.31M$161.74M$182.32M$176.99M$308.46M$195.55M$98.16M$122.51M$280.42M$129.93M$130.95M$131.68M$181.58M$125.85M$116.52M
Low Forecast$150.71M$150.71M$161.47M$168.98M$171.10M$166.66M$158.98M$149.41M$145.35M$150.36M$150.54M$141.73M$190.39M$170.36M$163.72M$226.21M$158.64M$155.84M$151.28M$205.64M$130.37M$98.16M$122.51M$186.95M$129.93M$130.95M$131.68M$121.05M$125.85M$116.52M
Surprise %-------------------0.42%0.51%0.32%0.14%0.73%0.92%1.18%1.29%0.70%1.90%1.28%

1 analysts predict PAAS's average Quarter EBITDA for Jun 23 to be $167.77M, with a high of $176.99M and a low of $151.28M. This is 54.06% upper than Pan American Silver's previous annual EBITDA (Mar 23) of $108.90M.

Pan American Silver Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts4444444433354234711111111111116
Net Income-------------------$16.40M$-172.06M$-71.20M$-173.63M$76.52M$14.66M$20.25M$70.94M$-7.56M$168.88M$65.74M
Avg Forecast$156.72M$155.91M$155.09M$164.99M$156.69M$157.61M$155.37M$156.47M$140.49M$144.13M$148.60M$142.24M$148.73M$72.95M$53.01M$124.79M$30.97M$21.08M$25.81M$113.44M$19.15M$-23.85M$53.05M$103.13M$95.42M$121.48M$126.03M$-11.10M$149.24M$137.94M
High Forecast$167.92M$167.04M$166.17M$176.77M$167.88M$168.87M$166.47M$167.65M$150.53M$154.43M$159.22M$203.19M$196.97M$74.61M$53.17M$149.75M$58.06M$36.14M$27.65M$136.13M$22.97M$-23.85M$53.05M$123.76M$95.42M$121.48M$126.03M$-8.88M$149.24M$137.94M
Low Forecast$136.70M$135.99M$135.27M$143.91M$136.67M$137.47M$135.52M$136.48M$122.54M$125.72M$129.62M$65.02M$88.44M$71.30M$52.85M$99.83M$19.35M$4.52M$22.51M$90.76M$15.32M$-23.85M$53.05M$82.51M$95.42M$121.48M$126.03M$-13.32M$149.24M$137.94M
Surprise %-------------------0.14%-8.99%2.99%-3.27%0.74%0.15%0.17%0.56%0.68%1.13%0.48%

Pan American Silver's average Quarter net income forecast for Jun 23 is $25.81M, with a range of $22.51M to $27.65M. PAAS's average Quarter net income forecast represents a 57.35% increase compared to the company's last Quarter net income of $16.40M (Mar 23).

Pan American Silver SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts4444444433354234711111111111116
SG&A-------------------$10.40M$3.00M$6.76M$8.31M$10.89M$8.26M$9.08M$9.46M$8.05M$10.68M$10.37M
Avg Forecast$15.09M$15.09M$16.17M$16.92M$17.13M$16.69M$15.92M$14.96M$14.55M$15.06M$15.07M$15.70M$19.23M$17.06M$16.39M$17.77M$14.47M$15.60M$15.15M$16.15M$11.26M$7.92M$9.89M$14.68M$10.49M$10.57M$10.63M$11.46M$10.16M$9.41M
High Forecast$15.92M$15.92M$17.06M$17.85M$18.07M$17.61M$16.79M$15.78M$15.35M$15.88M$15.90M$17.15M$21.62M$18.00M$17.30M$21.32M$14.60M$16.46M$15.98M$19.38M$13.51M$7.92M$9.89M$17.62M$10.49M$10.57M$10.63M$13.75M$10.16M$9.41M
Low Forecast$13.61M$13.61M$14.58M$15.26M$15.45M$15.05M$14.35M$13.49M$13.12M$13.58M$13.59M$12.80M$17.19M$15.38M$14.78M$14.21M$14.32M$14.07M$13.66M$12.92M$9.01M$7.92M$9.89M$11.75M$10.49M$10.57M$10.63M$9.17M$10.16M$9.41M
Surprise %-------------------0.64%0.27%0.85%0.84%0.74%0.79%0.86%0.89%0.70%1.05%1.10%

Pan American Silver's average Quarter SG&A projection for Jun 23 is $15.15M, based on 1 Wall Street analysts, with a range of $13.66M to $15.98M. 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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts4444444433354234711111111111116
EPS-------------------$0.08$-0.82$-0.34$-0.82$0.36$0.07$0.10$0.34$-0.04$0.80$0.31
Avg Forecast$0.43$0.43$0.43$0.45$0.43$0.43$0.43$0.43$0.39$0.40$0.41$0.39$0.41$0.20$0.15$-0.06$0.09$0.06$0.07$0.02$0.04$-0.07$0.15$0.22$0.26$0.33$0.35$0.26$0.41$0.38
High Forecast$0.46$0.46$0.46$0.49$0.46$0.47$0.46$0.46$0.41$0.43$0.44$0.56$0.54$0.21$0.15$-0.05$0.16$0.10$0.08$0.02$0.05$-0.07$0.15$0.22$0.26$0.33$0.35$0.26$0.41$0.38
Low Forecast$0.38$0.37$0.37$0.40$0.38$0.38$0.37$0.38$0.34$0.35$0.36$0.18$0.24$0.20$0.15$-0.07$0.05$0.01$0.06$0.02$0.04$-0.07$0.15$0.22$0.26$0.33$0.35$0.26$0.41$0.38
Surprise %-------------------3.55%-18.42%5.17%-5.61%1.64%0.27%0.30%0.98%-0.14%1.95%0.82%

According to 1 Wall Street analysts, Pan American Silver's projected average Quarter EPS for Jun 23 is $0.07, with a low estimate of $0.06 and a high estimate of $0.08. 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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GOLDBarrick Gold$16.24$24.2549.32%Buy
NEMNewmont$39.80$57.8645.38%Buy
EGOEldorado Gold$15.94$22.0038.02%Buy
SANDSandstorm Gold$5.61$7.5033.69%Buy
AUAngloGold Ashanti$24.12$30.5026.45%Buy
WPMWheaton Precious Metals$59.76$73.5022.99%Buy
IAGIAMGOLD$5.31$6.4020.53%Hold
KGCKinross Gold$9.57$11.5020.17%Buy
RGLDRoyal Gold$144.27$169.4017.42%Buy
FNVFranco-Nevada$119.08$139.0016.73%Buy
GFIGold Fields$13.90$16.0015.11%Hold
PAASPan American Silver$22.00$23.004.55%Buy
AEMAgnico Eagle Mines$81.73$79.80-2.36%Buy

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 $23 with a range of $23 to $23, implying a 4.55% from its last price of $22. 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 4.55% (from the last price of $22 to the average price target of $23), up by 4.55% based on the highest stock price target, and up by 4.55% based on the lowest stock price target.

Can Pan American Silver stock reach $30?

PAAS's average twelve months analyst stock price target of $23 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 $2.74B (high $2.89B, low $2.47B), average EBITDA is $716.58M (high $755.96M, low $646.15M), average net income is $626.14M (high $670.87M, low $546.14M), average SG&A $64.7M (high $68.26M, low $58.34M), and average EPS is $1.72 (high $1.85, low $1.5). PAAS's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $2.68B (high $2.83B, low $2.42B), average EBITDA is $700.75M (high $739.26M, low $631.88M), average net income is $632.7M (high $677.9M, low $551.86M), average SG&A $63.27M (high $66.75M, low $57.05M), and average EPS is $1.74 (high $1.87, low $1.52).

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, which missed the average analysts forecast of $1.58B by -5.61%. Apple's EBITDA was $295.51M, missing the average prediction of $617.31M by -52.13%. The company's net income was $-340M, missing the average estimation of $151.47M by -324.51%. Apple's SG&A was $28.98M, missing the average forecast of $43.76M by -33.78%. Lastly, the company's EPS was $-1.62, missing the average prediction of $0.345 by -569.44%. 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%