Companies: 10,795·Total market cap: $144.5T
First Quantum Minerals Ltd.

First Quantum Minerals Ltd.

FM.TOTSXBasic Materials● Active
$40.67
+$0.65(+1.62%)
Market Cap$33.7B
P/E Ratio
52W High$46.31
52W Low$20.46
Overview

First Quantum Minerals Ltd. (FM.TO) Stock Forecast & Analyst Price Target

Wall Street consensus, 12-month price targets, model projections, and EPS/revenue estimates — from analyst data and price history.

fm.to · stock forecast · 5 analysts (3M) · FMP · updated Jun 8, 2026

Analyst Rating & Consensus

Based on 5 Wall Street analysts in the past 3 months

SellBuy

Buy

5 analysts

consensus

Rating Breakdown

Strong Buy
0
Buy
3
Hold
2
Sell
0
Strong Sell
0
Total: 5 · Buy rate: 60.0%

12-Month Price Target

High

$0.00

Consensus

$0.00

+0.0% upside

Low

$0.00

Median: $0 · Last Close: $40.02

The First Quantum Minerals Ltd. (FM.TO) analyst consensus is Buy, based on ratings from 5 Wall Street analysts over the past 3 months. The average 12-month FM.TO price target is $0.00, representing +0.0% upside from the current price of $40.02.

Short-Term Price Prediction

Bull

Algorithmically generated · Updated daily

DatePredicted PriceChange
2026-06-09$42.025.00%

1-day model range: $41.69–$42.35. Peak: $42.35 (+5.00%).

Long-Term Stock Price Prediction

Annual stock price forecast · 2027 / 2028 / 2029 / 2030 / 2031

YearAvg PriceChange
2027$50+25.6%
2028$59+46.5%
2029$65+62.3%
2030$70+73.7%
2031+81.6%
Confidence:Medium

Stock Forecast Based on Technical Analysis

14 TA signals (SMA×6 + EMA×6 + RSI + MACD) · EEAT method transparency

Market Sentiment

BULLISH

Based on 14 technical indicators

64%7%29%
9Buy
1Neutral
4Sell
RSI (14)62.1Neutral
MACDBULLISH

Refreshes daily from EOD close

Moving Averages · FM.TO · Jun 8, 2026

Simple Moving Average (SMA)
MA 5$44.15SELL
MA 10$42.33SELL
MA 20$39.04BUY
MA 50$36.83BUY
MA 100$36.96BUY
MA 200$33.76BUY
Current $FM.TO · Price above MA = BUY signal
Exponential Moving Average (EMA)
EMA 5$42.97SELL
EMA 10$42.00SELL
EMA 20$40.00BUY
EMA 50$37.71BUY
EMA 100$36.30BUY
EMA 200$33.49BUY
Current $FM.TO · Price above MA = BUY signal
How we calculate: Technical sentiment is derived from 14 indicators — SMA(5,10,20,50,100,200), EMA(5,10,20,50,100,200), RSI(14), and MACD(12,26,9) — calculated from historical EOD price data. BUY = current price above MA; SELL = below. 14 TA signals + historical EOD price data · Updated daily. Independent of analyst consensus data. Not investment advice.

Latest Analyst Ratings & Upgrades

Filter:
Raymond James2024-03-20
Maintains
Market PerformMarket Perform
JP Morgan2023-10-12
Maintains
NeutralNeutral
Scotiabank2023-06-28
Maintains
OutperformOutperform
JP Morgan2015-06-30
Maintains
NeutralNeutral
JP Morgan2015-01-23
Maintains
NeutralNeutral
B of A Securities2012-09-24
Upgrade ↑
NeutralBuy
Bank of America2012-09-24
Upgrade ↑
NeutralBuy

Wall Street analysts have recently issued updated ratings on First Quantum Minerals Ltd. (FM.TO) stock. Of the recent 7 rating actions, 2 were upgrades and 0 were downgrades. 5 analysts currently cover FM.TO.

Analyst Recommendation Trends

Buy ratings202
Hold ratings01↑ +1
Sell ratings00

FM.TO analyst recommendation trends show decreasing buy-side sentiment over the past 6 months. Buy rating actions changed from 2 to 0 per month.

Financial Forecast: EPS & Revenue Estimates

Revenue This Year

$6.4B

↓ 41.5% YoY

Revenue Next Year

$9.2B

↑ 43.0% YoY

EPS This Year

$0.31

EPS Next Year

$1.97

↑ 537.5% YoY

EPS ForecastReported vs Estimated

Reported EPSHistorical estimateAnalyst forecast (future)

Analysts forecast FM.TO EPS of $0.31 for the current fiscal year, based on estimates from 8 analysts. The FM.TO revenue forecast is $6.4B for the current year. These are analyst consensus estimates via FMP / S&P Global.

About Forecast & Price Prediction

The FM.TO stock forecast is supported by two independent data sources: analyst consensus ratings from 5 Wall Street analysts (S&P Global / FMP), and technical analysis calculated from historical EOD price data. The consensus FM.TO price target is $0.00 (+0.0% upside), with an analyst consensus of Buy.

The FM.TO short-term stock prediction for tomorrow is $42.02 (+5.00%). The FM.TO stock price prediction for 2027 estimates an average of $50. The FM.TO stock prediction for 2030 projects a range of $64–$76.

First Quantum Minerals Ltd. trades on TSX under the ticker FM.TO. The FM.TO stock outlook for 2027 is broadly positive, supported by a Buy consensus among 60% of covering analysts.

FAQ answers synthesize analyst targets, estimates, and on-page model outputs where shown.

Frequently asked questions

FM.TO forecast · 8 questions

According to 5 Wall Street analysts, the average 12-month FM.TO price target is $0.00, with a high forecast of $0.00 and a low of $0.00. The median price target is shown in the chart above when available. This implies +0.0% potential upside from the current price of $40.02.

FM.TO price targetWhat is FM.TO price targetFM.TO analyst price targetFM.TO 12-month target

· Analyst data: Financial Modeling Prep (FMP) · S&P Global Market Intelligence · Technical analysis: FMP /historical-price-eod/light · Updated: Hourly (analyst) · Daily (technical)

⚠ This information is provided for informational purposes only and does not constitute investment advice. Short-term and long-term price predictions are algorithmically generated and carry significant uncertainty. Past performance does not guarantee future results. Always conduct your own due diligence before making investment decisions.