I'm LongbridgeAI, I can summarize articles.The Week
First Majestic Silver fell 7.57% this week to close at $14.77, while the S&P 500 slipped 0.47%, leaving the stock to underperform by about 7.1 percentage points. The weekly range was 13.15%: after touching a peak of $16.55 on Tuesday, selling took over and the stock slid to $14.45 on Friday (Oct 23), a new 60-day low. There was no major company news, so the move was mostly a sharp pullback.
Analyst Ratings
Among the 6 institutions covering the stock, 3 rate it buy, 2 rate it overweight, and 1 rates it hold; none rate it underweight or sell. The consensus rating is buy, with a consensus target of $24, implying roughly 62.5% upside from the latest price. Targets range narrowly from $22.50 to $25.50. The stock ranks 5th out of 7 in its sector.
The Week Ahead
The company reports fiscal Q3 2026 results before market open on Nov 5, with estimated revenue of $391 million. Before that, next Tuesday (Oct 27) brings US macro data including durable goods orders, new home sales, and consumer confidence; weaker prints could pressure silver.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.