Agnico Eagle Mines Limited (AEM)
NYSE: AEM · IEX Real-Time Price · USD
70.36
+0.25 (0.35%)
May 20, 2024, 9:56 AM EDT - Market open
Agnico Eagle Mines Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Agnico Eagle Mines stock have an average target of 64, with a low estimate of 54 and a high estimate of 80. The average target predicts a decrease of -9.03% from the current stock price of 70.36.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AEM stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 1 | 1 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $65 → $80 | Strong Buy | Maintains | $65 → $80 | +13.71% | Apr 30, 2024 |
| Jefferies | Jefferies | Hold Initiates $54 | Hold | Initiates | $54 | -23.25% | Feb 29, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $64 → $67 | Buy | Maintains | $64 → $67 | -4.77% | Jul 27, 2023 |
| Barclays | Barclays | Buy Maintains $61 → $62 | Buy | Maintains | $61 → $62 | -11.88% | Jul 27, 2023 |
| Barclays | Barclays | Buy Maintains $63 → $61 | Buy | Maintains | $63 → $61 | -13.30% | Jul 7, 2023 |
Financial Forecast
Revenue This Year
7.20B
from 6.63B
Increased by 8.59%
Revenue Next Year
7.24B
from 7.20B
Increased by 0.57%
EPS This Year
2.35
from 3.95
Decreased by -40.47%
EPS Next Year
2.41
from 2.35
Increased by 2.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.1B | 8.7B | 8.3B | 9.2B | 6.7B |
| Avg | 7.2B | 7.4B | 7.2B | 8.9B | 6.4B |
| Low | 6.7B | 6.7B | 6.1B | 8.6B | 6.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.5% | 20.4% | 12.4% | 28.1% | -24.4% |
| Avg | 9.2% | 2.7% | -3.3% | 23.2% | -27.3% |
| Low | 1.3% | -7.9% | -17.4% | 19.6% | -29.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.99 | 3.76 | 3.28 | 4.35 | 2.15 |
| Avg | 2.41 | 2.54 | 2.38 | 4.18 | 2.07 |
| Low | 1.92 | 1.74 | 1.08 | 4.06 | 2.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -24.2% | 55.7% | 28.8% | 83.0% | -48.5% |
| Avg | -38.9% | 5.4% | -6.6% | 76.0% | -50.5% |
| Low | -51.4% | -27.7% | -57.6% | 70.8% | -52.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.