What is Erste Group Bank’s Estimate for AEM FY2026 Earnings?

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) – Stock analysts at Erste Group Bank cut their FY2026 EPS estimates for shares of Agnico Eagle Mines in a report released on Wednesday, October 21st. Erste Group Bank analyst H. Engel now anticipates that the mining company will post earnings of $11.76 per share for the year, down from their previous estimate of $11.96. The consensus estimate for Agnico Eagle Mines’ current full-year earnings is $11.43 per share.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last posted its earnings results on Wednesday, July 29th. The mining company reported $3.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $0.16. The business had revenue of $3.80 billion during the quarter, compared to the consensus estimate of $3.78 billion. During the same period in the previous year, the firm earned $1.94 EPS. The business’s revenue was up 35.0% compared to the same quarter last year.

Other equities research analysts also recently issued reports about the company. Citigroup decreased their price objective on Agnico Eagle Mines from $256.00 to $200.00 and set a “buy” rating on the stock in a report on Monday, July 27th. Freedom Broker cut Agnico Eagle Mines from a “buy” rating to a “hold” rating and dropped their target price for the stock from $255.00 to $212.00 in a report on Thursday, October 22nd. Scotiabank dropped their target price on Agnico Eagle Mines from $278.00 to $260.00 and set a “sector outperform” rating for the company in a report on Tuesday, July 14th. Canadian Imperial Bank of Commerce set a $239.00 target price on Agnico Eagle Mines in a research report on Friday, October 16th. Finally, Barclays boosted their price target on Agnico Eagle Mines from $188.00 to $218.00 and gave the company an “overweight” rating in a research note on Monday, October 19th. Thirteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $224.33.

Agnico Eagle Mines Price Performance

NYSE:AEM opened at $180.53 on Monday. Agnico Eagle Mines has a 12-month low of $134.38 and a 12-month high of $255.24. The firm has a 50-day moving average price of $194.37 and a 200 day moving average price of $189.71.

Hedge Funds Weigh In On Agnico Eagle Mines

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fortitude Family Office LLC increased its holdings in shares of Agnico Eagle Mines by 600.0% during the third quarter. Fortitude Family Office LLC now owns 140 shares of the mining company’s stock worth $26,000 after buying an additional 120 shares in the last quarter. Markowski Investments acquired a new position in shares of Agnico Eagle Mines in the 2nd quarter worth approximately $29,000. Sawyer & Company Inc acquired a new position in shares of Agnico Eagle Mines in the 3rd quarter worth approximately $35,000. Dunhill Financial LLC acquired a new position in shares of Agnico Eagle Mines in the 2nd quarter worth approximately $31,000. Finally, Fiduciary Financial Advisors bought a new stake in Agnico Eagle Mines during the 2nd quarter worth approximately $32,000. 68.34% of the stock is currently owned by institutional investors and hedge funds.

Agnico Eagle Mines News Roundup

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

• Positive Sentiment: Seventeen analysts have set an average price target of US$224.38, implying substantial upside from the stock’s current level. The consensus indicates that analysts continue to value AEM’s production profile, balance sheet and exposure to elevated gold prices. Agnico Eagle stock draws a USD 224.38 average target from 17 analysts
• Positive Sentiment: Barclays assigned AEM a US$218 target, reinforcing the broader analyst view that the shares remain attractive despite recent operating and cost concerns. Barclays sets target for Agnico Eagle Mines stock at USD 218.00
• Neutral Sentiment: AEM is expected to report third-quarter results on Wednesday. Higher realized gold prices should support revenue, earnings and cash flow, while investors will assess production volumes, all-in sustaining costs and management’s outlook. AEM to Report Q3 Earnings: What’s in the Offing for the Stock?
• Negative Sentiment: Analysts expect production challenges and rising costs to weigh on quarterly performance. A separate investment view rates AEM “Hold,” arguing that its strong operations and competitive costs are already reflected in a premium valuation, leaving limited upside unless gold prices remain exceptionally strong. 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.