FY2026 Earnings Forecast for AEM Issued By Erste Group Bank

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Erste Group Bank decreased their FY2026 earnings per share (EPS) estimates for shares of Agnico Eagle Mines in a research note issued to investors on Wednesday, October 21st. Erste Group Bank analyst H. Engel now forecasts that the mining company will post earnings per share of $11.76 for the year, down from their previous forecast of $11.96. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $11.43 per share.

AEM has been the topic of a number of other research reports. Bank of America dropped their price target on Agnico Eagle Mines from $302.00 to $240.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Citigroup reduced their price objective on shares of Agnico Eagle Mines from $256.00 to $200.00 and set a “buy” rating for the company in a research note on Monday, July 27th. Royal Bank Of Canada raised their target price on shares of Agnico Eagle Mines from $210.00 to $225.00 and gave the stock a “sector perform” rating in a report on Wednesday, September 16th. Jefferies Financial Group raised shares of Agnico Eagle Mines from a “hold” rating to a “buy” rating and lifted their target price for the stock from $187.00 to $200.00 in a research report on Monday, July 6th. Finally, Scotia dropped their target price on shares of Agnico Eagle Mines from $280.00 to $278.00 and set a “sector outperform” rating on the stock in a research report on Friday, July 3rd. Thirteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $224.33.

Agnico Eagle Mines Trading Up 1.1%

NYSE:AEM opened at $175.79 on Monday. The company has a quick ratio of 2.02, a current ratio of 2.86 and a debt-to-equity ratio of 0.01. Agnico Eagle Mines has a 1-year low of $134.38 and a 1-year high of $255.24. The firm has a market capitalization of $89.12 billion, a price-to-earnings ratio of 15.04, a price-to-earnings-growth ratio of 2.58 and a beta of 0.64. The stock has a fifty day simple moving average of $194.55 and a 200 day simple moving average of $189.71.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last issued its earnings results on Wednesday, July 29th. The mining company reported $3.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.89 by $0.16. Agnico Eagle Mines had a return on equity of 22.04% and a net margin of 40.44%. The business had revenue of $3.80 billion for the quarter, compared to analysts’ expectations of $3.78 billion. During the same period in the previous year, the firm posted $1.94 EPS. The company’s quarterly revenue was up 35.0% on a year-over-year basis.

Institutional Trading of Agnico Eagle Mines

Several institutional investors have recently made changes to their positions in the stock. Deutsche Bank AG acquired a new position in Agnico Eagle Mines in the 2nd quarter valued at approximately $1,362,158,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Agnico Eagle Mines during the 2nd quarter valued at $927,602,000. Bank of America Corp DE acquired a new stake in shares of Agnico Eagle Mines during the 2nd quarter valued at $844,096,000. The Manufacturers Life Insurance Company boosted its stake in shares of Agnico Eagle Mines by 9.0% during the 1st quarter. The Manufacturers Life Insurance Company now owns 4,091,837 shares of the mining company’s stock valued at $829,916,000 after buying an additional 338,486 shares during the period. Finally, TD Waterhouse Canada Inc. boosted its stake in shares of Agnico Eagle Mines by 3.7% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 3,655,707 shares of the mining company’s stock valued at $659,679,000 after buying an additional 131,514 shares during the period. 68.34% of the stock is currently owned by institutional investors and hedge funds.

More Agnico Eagle Mines News

Here are the key news stories impacting Agnico Eagle Mines this week:

• Positive Sentiment: Barclays sets a USD 218 price target: Barclays’ target implies meaningful upside from the stock’s recent trading level and supports the bullish case for AEM. Barclays sets target for Agnico Eagle Mines stock at USD 218.00
• Positive Sentiment: Brokerage consensus remains favorable: AEM has an average analyst price target of $224.38, suggesting that Wall Street broadly expects additional appreciation. Agnico Eagle Mines Limited Stock Has Average Price Target of $224.38 According to Brokerages
• Neutral Sentiment: Third-quarter earnings are the next major catalyst: Higher realized gold prices are expected to support revenue and earnings growth, but production difficulties and higher operating costs may offset some of the benefit. The market will focus on output, all-in sustaining costs and management’s outlook. AEM to Report Q3 Earnings: What’s in the Offing for the Stock?
• Neutral Sentiment: FY2026 and FY2027 earnings forecasts are in focus: Erste Group’s forecasts highlight investor attention on AEM’s forward earnings power, though the available report does not indicate a material estimate change. Erste Group Bank’s FY2026 Forecast for AEM Earnings Erste Group Bank’s FY2027 Forecast for AEM Earnings
• Negative Sentiment: Valuation may constrain upside: AEM is viewed as a high-quality gold producer with competitive all-in sustaining costs, strong operations and a robust balance sheet, but its premium valuation leaves less room for gains unless gold prices continue rising strongly. Agnico Eagle: Strong Operations, But Hard To See Further Upside

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited (NYSE:AEM) is a Canadian gold mining company engaged in the exploration, development and production of gold, as well as related activities such as mineral processing and mine-site reclamation. The company’s principal product is gold, with silver and other byproducts also recovered from certain operations.

Founded in 1957 through the merger of Agnico Mines and Eagle Mines, Agnico Eagle has grown into one of the world’s largest gold producers. Its operating portfolio is concentrated in established mining regions, including the Canadian provinces of Ontario and Quebec, Nunavut in northern Canada, and Finland.