Pan American Silver Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Pan American Silver stock have an average target of 57.75, with a low estimate of 51 and a high estimate of 64. The average target predicts a decrease of -3.67% from the current stock price of 59.95.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$51	$57.75	$62	$64
Change	-14.93%	-3.67%	+3.42%	+6.76%

* Price targets were last updated on Jan 26, 2026.

Analyst Ratings

The average analyst rating for Pan American Silver 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	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	1	1	2	2	2	1
Buy	2	2	2	2	2	2
Hold	0	0	0	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	4	5	5	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ovais Habib Scotiabank	Scotiabank	Buy Maintains $47 → $64	Buy	Maintains	$47 → $64	+6.76%	Jan 26, 2026
Fahad Tariq Jefferies	Jefferies	Hold Maintains $58 → $54	Hold	Maintains	$58 → $54	-9.92%	Jan 21, 2026
Lawson Winder B of A Securities	B of A Securities	Strong Buy Maintains $46 → $51	Strong Buy	Maintains	$46 → $51	-14.93%	Dec 1, 2025
Ovais Habib Scotiabank	Scotiabank	Buy Maintains $36 → $47	Buy	Maintains	$36 → $47	-21.60%	Oct 23, 2025
Cosmos Chiu CIBC	CIBC	Buy Maintains $50 → $62	Buy	Maintains	$50 → $62	+3.42%	Oct 10, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.92B

from 3.62B

35.89%

from 3.62B

Revenue Next Year

4.46B

from 4.92B

-9.35%

from 4.92B

EPS This Year

3.71

from 2.56

45.03%

from 2.56

EPS Next Year

3.57

from 3.71

-3.91%

from 3.71

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.63B	1.49B	2.32B	2.82B	3.62B	4.92B	4.46B
Revenue Growth	21.96%	-8.46%	54.95%	21.71%	28.38%	35.89%	-9.35%
EPS	0.46	-1.62	-0.32	0.31	2.56	3.71	3.57
EPS Growth	-45.67%	-	-	-	730.54%	45.03%	-3.91%
Forward PE	-	-	-	-	-	16.15	16.80
No. Analysts	-	-	-	-	-	9	8

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	6.0B	5.1B
Avg	4.9B	4.5B
Low	4.3B	3.8B

Revenue Growth

Revenue Growth	2026	2027
High	65.5%	3.0%
Avg	35.9%	-9.4%
Low	17.5%	-21.7%

EPS Forecast

EPS	2026	2027
High	4.92	4.52
Avg	3.71	3.57
Low	2.94	2.16

EPS Growth

EPS Growth	2026	2027
High	92.4%	21.6%
Avg	45.0%	-3.9%
Low	14.8%	-41.9%

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.