FIRST QUANTUM MINERALS LTD (FM.CA) Forecast, Price Target & Analyst Ratings

TSX:FMCA3359341052

Current stock price

32.43 CAD
-1.43 (-4.22%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FIRST QUANTUM MINERALS LTD (FM.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$43.02
+ 32.67% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 28, 2026
Period
Q1 / 2026
EPS Estimate
$0.11
Revenue Estimate
1.421B

ChartMill Buy Consensus

Rating
77.42%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$43.02
Upside
+ 32.67%
From current price of CA$32.43 to mean target of CA$43.02, Based on 31 analyst forecasts
Low
CA$22.93
Median
CA$43.76
High
CA$53.55

Price Target Revisions

1 Month
3.71%
3 Months
23.30%

Price Target Summary

31 Wall Street analysts provided a forecast for the next 12 months for FM.CA. The average price target is 43.02 CAD. This implies a price increase of 32.67% is expected in the next year compared to the current price of 32.43.
The average price target has been revised upward by 23.3% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

FM Current Analyst RatingFM Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10

Analyst Ratings History

FM Historical Analyst RatingsFM Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
77.42%
FM.CA was analyzed by 31 analysts. The buy percentage consensus is at 77. So analysts seem to be have mildly positive about FM.CA.
In the previous month the buy percentage consensus was at a similar level.
FM.CA was analyzed by 31 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-12-14JP Morgan & CompanyUpgrade Sell
2022-12-09BMO FinancialDowngrade Market Perform
2022-12-09STA ResearchUpgrade Underperform
2022-12-08Morgan JosephUpgrade
2022-12-05CIBC Capital MarketsUpgrade
2022-12-02Scotiabank CapitalMaintains Outperform
2022-11-23Deustche BankMaintains Buy
2022-11-23Deutsche Bank CapitalUpgrade
2022-11-23Raymond James CapitalDowngrade Hold
2022-11-23STA ResearchMaintains Underperform
2022-11-11JP Morgan & CompanyDowngrade Sell
2022-10-27Deutsche Bank CapitalDowngrade
2022-10-27National Bank of Canada FinancialDowngrade Outperform
2022-10-27TD ResearchDowngrade Hold
2022-10-27Scotiabank CapitalDowngrade Outperform
2022-10-27Credit SuisseDowngrade
2022-10-26CIBC Capital MarketsDowngrade Neutral
2022-10-26Scotiabank CapitalMaintains Outperform
2022-10-26STA ResearchReiterate Underperform
2022-10-21Raymond James CapitalDowngrade
2022-10-18Morgan StanleyDowngrade Sell
2022-10-17BarclaysUpgrade
2022-10-13National Bank of Canada FinancialDowngrade
2022-10-11STA ResearchMaintains Underperform
2022-10-07TD ResearchMaintains Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 28, 2026
Period
Q1 / 2026
EPS Estimate
$0.11
Revenue Estimate
1.421B
Revenue Q2Q
19.41%
EPS Q2Q
N/A
Number of Analysts
19

Next Earnings Revisions

Revenue (1 Month)
-10.46%
Revenue (3 Months)
-5.20%
EPS (1 Month)
-6.77%
EPS (3 Months)
51.48%

Next Earnings Summary

FM.CA is expected to report earnings on 4/28/2026. The consensus EPS estimate for the next earnings is 0.11 CAD and the consensus revenue estimate is 1.42B CAD.
The next earnings revenue estimate has been revised downward by 5.2% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
FM.CA revenue by date.FM.CA revenue by date.
6.456B
-15.34%
4.802B
-25.62%
5.237B
9.06%
6.701B
27.95%
9.837B
46.80%
11.078B
12.62%
11.308B
2.08%
9.419B
-16.70%
EBITDA
YoY % growth
FM.CA ebitda by date.FM.CA ebitda by date.
2.233B
-31.14%
1.613B
-27.77%
1.734B
7.50%
2.721B
56.92%
4.798B
76.33%
5.817B
21.24%
6.387B
9.80%
4.78B
-25.16%
EBIT
YoY % growth
FM.CA ebit by date.FM.CA ebit by date.
1.112B
-44.76%
980M
-11.87%
1.016B
3.67%
1.886B
85.63%
3.689B
95.60%
4.41B
19.54%
5.114B
15.96%
3.504B
-31.48%
Operating Margin
FM.CA operating margin by date.FM.CA operating margin by date.
17.22%20.41%19.40%28.15%37.50%39.81%45.22%37.20%
EPS
YoY % growth
FM.CA eps by date.FM.CA eps by date.
0.38
-75.48%
-0.04
-110.53%
0.01
125.00%
0.81
8,022.89%
2.28
180.59%
2.74
20.12%
2.97
8.35%
1.86
-37.15%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth
0.110.13
543.75%
0.28
1,503.38%
0.46
4,546.43%
0.67
508.56%
0.82
534.00%
0.89
218.35%
0.92
97.29%
Revenue
Q2Q % growth
1.421B
19.41%
1.518B
23.82%
1.847B
37.22%
2.353B
59.53%
2.618B
84.24%
3.037B
100.07%
3.381B
83.05%
3.351B
42.41%
EBITDA
Q2Q % growth
505.02M
27.21%
545.78M
-4.08%
744.16M
-3.61%
1.022B
0.89%
1.203B
138.21%
1.459B
167.32%
1.631B
119.17%
1.68B
64.38%
EBIT
Q2Q % growth
188.45M
-20.82%
240.08M
0.87%
541.47M
121.01%
925.14M
213.61%
1.111B
489.55%
1.396B
481.47%
1.619B
199.00%
1.58B
70.78%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

FM.CA Yearly Revenue VS EstimatesFM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B 10B
FM.CA Yearly EPS VS EstimatesFM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
549.33%
EPS Next 5 Year
184.51%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
27.98%
Revenue Next 5 Year
12.25%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
78.37%
EBIT Next 5 Year
36.06%

FIRST QUANTUM MINERALS LTD / FM.CA Forecast FAQ

What do analysts expect the price target to be for FIRST QUANTUM MINERALS LTD (FM.CA)?

31 analysts have analysed FM.CA and the average price target is 43.02 CAD. This implies a price increase of 32.67% is expected in the next year compared to the current price of 32.43.

Can you provide the upcoming earnings date for FIRST QUANTUM MINERALS LTD?

FIRST QUANTUM MINERALS LTD (FM.CA) will report earnings on 2026-04-28.

What are the consensus estimates for FIRST QUANTUM MINERALS LTD (FM.CA) next earnings?

The consensus EPS estimate for the next earnings of FIRST QUANTUM MINERALS LTD (FM.CA) is 0.11 CAD and the consensus revenue estimate is 1.42B CAD.

How do analysts rate FIRST QUANTUM MINERALS LTD (FM.CA)?

The consensus rating for FIRST QUANTUM MINERALS LTD (FM.CA) is 77.4194 / 100 . This indicates that analysts generally have a positive outlook on the stock.