Not a good buy right now: near-term momentum is weakening (MACD negative/expanding) and price is below the key pivot (~206.76), suggesting downside/mean-reversion risk before the next sustained leg up.
Medium-term backdrop remains constructive (gold macro tailwinds, strong recent quarterly growth, multiple price-target raises), but the current setup is not ideal for an impatient entry.
Better risk/reward would come closer to support (192, then ~183) or on a reclaim of the pivot (206.8) with improving momentum.
Recent trend: broadly price-target raises across the group, reflecting improved gold assumptions; ratings are mixed between Buy/Outperform and Neutral/Hold.
Upside targets lifted: UBS to $240 (Neutral); BofA to $252 (Buy); Scotiabank to $276 (Outperform); Canaccord raised target and kept Buy.
Caution flags: JPMorgan initiated Neutral ($248) citing valuation as “relatively full” and preferring a better entry; RBC previously downgraded to Sector Perform citing higher investment needs/execution risk.
Wall Street pros: strong gold backdrop + strong operating/earnings momentum.
Wall Street cons: valuation/entry point concerns and future growth spending potentially pressuring free cash flow.
Influential/political trading check: No recent congress trading data available; hedge funds/insiders shown as Neutral with no significant recent trend.
Wall Street analysts forecast AEM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AEM is 184.54 USD with a low forecast of 1.6 USD and a high forecast of 231 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
Wall Street analysts forecast AEM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AEM is 184.54 USD with a low forecast of 1.6 USD and a high forecast of 231 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Buy
4 Hold
1 Sell
Moderate Buy
Current: 189.450
Low
1.6
Averages
184.54
High
231
Current: 189.450
Low
1.6
Averages
184.54
High
231
CIBC
Outperformer
maintain
$231 -> $296
AI Analysis
2026-02-04
New
Reason
CIBC
Price Target
$231 -> $296
AI Analysis
2026-02-04
New
maintain
Outperformer
Reason
CIBC raised the firm's price target on Agnico Eagle to $296 from $231 and keeps an Outperformer rating on the shares. CIBC increased targets across the precious metals group after upped its gold price forecasts to $6,000 per ounce in 2026 and $6,500 in 2027. It also upped copper price assumptions. The same demand drivers from 2025 will remain in place in 2026 but there is heightened geopolitical uncertainty, the analyst tells investors in a research note.
UBS
Neutral
maintain
$190 -> $240
2026-01-30
Reason
UBS
Price Target
$190 -> $240
2026-01-30
maintain
Neutral
Reason
UBS raised the firm's price target on Agnico Eagle to $240 from $190 and keeps a Neutral rating on the shares.
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