First Majestic Silver (NYSE:AG) Price Target Raised to $27.00

First Majestic Silver (NYSE:AG) (TSE:FR) had its target price increased by investment analysts at HC Wainwright from $26.00 to $27.00 in a report released on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the mining company’s stock. HC Wainwright’s price target indicates a potential upside of 72.69% from the stock’s current price.

Several other research firms have also commented on AG. Wall Street Zen lowered shares of First Majestic Silver from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Weiss Ratings lowered First Majestic Silver from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. ATB Cormark Capital Markets raised shares of First Majestic Silver from a “hold” rating to a “moderate buy” rating in a research note on Friday, July 10th. Finally, Scotiabank decreased their target price on First Majestic Silver from $23.00 to $22.50 and set a “sector perform” rating for the company in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $23.83.

First Majestic Silver Trading Up 2.7%

NYSE AG opened at $15.63 on Friday. The firm’s fifty day moving average is $17.54 and its two-hundred day moving average is $20.81. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.54 and a current ratio of 2.73. The firm has a market cap of $7.71 billion, a PE ratio of 26.06 and a beta of 0.91. First Majestic Silver has a one year low of $7.74 and a one year high of $32.03.

First Majestic Silver (NYSE:AG) (TSE:FR) last announced its quarterly earnings data on Thursday, July 30th. The mining company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.04). First Majestic Silver had a return on equity of 11.19% and a net margin of 19.51%.The firm had revenue of $415.50 million for the quarter, compared to analysts’ expectations of $496.00 million. During the same quarter in the previous year, the company posted $0.11 EPS. The firm’s quarterly revenue was up 57.3% compared to the same quarter last year. Analysts expect that First Majestic Silver will post 0.8 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership increased its position in shares of First Majestic Silver by 408.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 15,041,912 shares of the mining company’s stock worth $250,821,000 after purchasing an additional 12,081,688 shares during the last quarter. Renaissance Technologies LLC bought a new stake in First Majestic Silver in the first quarter valued at about $62,760,000. Bank of America Corp DE raised its stake in First Majestic Silver by 92.3% during the first quarter. Bank of America Corp DE now owns 6,082,824 shares of the mining company’s stock valued at $130,659,000 after buying an additional 2,919,008 shares in the last quarter. Artemis Investment Management LLP bought a new position in First Majestic Silver during the 4th quarter worth approximately $45,898,000. Finally, Tidal Investments LLC increased its holdings in shares of First Majestic Silver by 14.0% in the 3rd quarter. Tidal Investments LLC now owns 21,014,859 shares of the mining company’s stock valued at $258,273,000 after acquiring an additional 2,581,023 shares during the last quarter. 27.16% of the stock is currently owned by institutional investors.

Trending Headlines about First Majestic Silver

Here are the key news stories impacting First Majestic Silver this week:

• Positive Sentiment: Analysts assign First Majestic an average price target of $23.50, materially above the current trading level, suggesting expectations for considerable appreciation. First Majestic Silver Corp. Receives $23.50 Average PT from Analysts
• Positive Sentiment: Second-quarter operating performance was strong: revenue reached approximately $416 million, EBITDA was about $252 million, and free cash flow totaled $194.6 million. Higher realized silver and gold prices helped offset increased costs, while improved 2026 guidance and a substantial treasury—reported at up to $1.3 billion—provide flexibility for reinvestment or acquisitions. First Majestic Delivers $194.6 Million in Q2 Free Cash Flow
• Positive Sentiment: Seeking Alpha upgraded AG to Buy, arguing that the stock trades at a discount to intrinsic value if silver undergoes a broader re-rating. The company also declared a quarterly dividend of $0.0152 per share, payable August 31, although the roughly 0.4% annualized yield is modest. First Majestic Silver: The Silver Re-Rating Opportunity Returns
• Neutral Sentiment: Analysts and technical commentators see potential support after recent weakness, citing a bullish hammer pattern and upward earnings-estimate revisions. These signals could aid a rebound but are less reliable than fundamental results. First Majestic Could Find Support Soon
• Negative Sentiment: Reported EPS of $0.21 missed the $0.25 consensus estimate, and revenue of $415.5 million came in below the $496 million forecast. Labor disruptions, inventory accumulation and metals-price volatility remain additional execution risks, despite year-over-year revenue growth of 57.3%.

First Majestic Silver Company Profile

First Majestic Silver Corp. (NYSE:AG) engages in the production of silver from its wholly owned operations in Mexico. Headquartered in Vancouver, British Columbia, the company focuses on acquiring, developing and operating high-grade silver projects. Established in 2002, First Majestic has built a multi-mine portfolio to supply silver primarily for the global industrial and investment markets while generating by-products such as gold, lead and zinc concentrates.

First Majestic’s principal operations are located in the historic Mexican Silver Belt, with producing mines including La Encantada in Coahuila, Santa Elena in Sonora and La Parrilla in Durango.