Should I Buy AGI? AGI 2026 Analysis

Should You Buy Alamos Gold Inc (AGI) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

40.170

1 Day change

6.64%

52 Week Range

45.180

Analysis Updated At

2026/02/04

Should I buy Analysis is updated weekly. For real time "Should I Buy" analysis, please sign up to get free answers.

Buy AGI now: fundamentals/news flow and Street sentiment are strongly supportive, and the stock is trading closer to support (37.36) than resistance (40.80+), giving an attractive immediate entry for an impatient buyer.
Near-term path: a push back toward the pivot ~40.80 is the first objective; a break above can open room toward ~44.25 (R1).
Intellectia Proprietary Trading Signals
- AI Stock Picker: No signal on given stock today.
- SwingMax: No signal on given stock recently.
Politicians/Congress: no recent congress trading data available (no identifiable political flow catalyst).

Technical Analysis

Trend/momentum: MACD histogram (-0.688) is below zero and negatively expanding → bearish momentum still present.
RSI(6) at 37.75 → weak/near-oversold territory, often consistent with a rebound setup if buyers step in.
Moving averages: converging → transition phase (compression) that can precede a directional move.
Key levels: Support S1 37.36 (then 35.23); Resistance/Pivot 40.80, then 44.25 (R1). Current ~38.87 sits just above S1, which favors a buy here over chasing higher.
Pattern-based expectation (provided): ~70% chance of -0.52% next day but +1.58% next week → aligns with “dip then grind higher” behavior.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Positioning: Open Interest put/call 0.33 → call-heavy OI (bullish bias).
Flow: Option volume put/call 0.73 → more calls than puts on the day (still bullish).
Volatility: IV percentile 85.6 (elevated) while IV (44.38) < historical vol (57.95) → options are active and relatively less expensive vs realized, but the market is pricing meaningful movement.
Participation: today’s volume vs 30D avg ~59.9% (not a blow-off), while today vs OI avg ~115.8% suggests solid engagement vs existing positioning.

Technical Summary

Sell

Buy

Positive Catalysts

- 2026-02-04 Expansion Study (Island Gold District): +30% mineral reserves to 8.3Moz, reduced costs, and a defined $704M capex plan to boost capacity/sustainability → clear multi-year growth catalyst.
- 2026-02-02: 12th consecutive annual underground reserve increase at Island Gold; increased 2025 exploration budget ($24M) → continued resource/risk-reduction narrative.
- 2026-01-30: High-grade intercepts at Young-Davidson; higher 2025 exploration spend ($13.1M) → potential for further resource expansion.
- Macro/sector tailwind in analyst notes: higher gold forecasts tied to geopolitical/economic uncertainty and central bank buying.

Neutral/Negative Catalysts

- Technicals remain soft: MACD bearish and price still below pivot/resistance (~40.80), so the stock may chop before breaking higher.
- Elevated capex plan ($704M) increases execution focus (timing/cost discipline can influence sentiment).
- No notable supportive insider/hedge-fund buying trends flagged recently (both neutral).

Financial Performance

Latest reported quarter: 2025/Q3.
Revenue: $462.3M, +28.10% YoY → strong top-line growth.
Net income: $276.3M, +226.98% YoY → major profitability expansion.
EPS: $0.65, +225.00% YoY → strong earnings momentum.
Gross margin: 58.01%, +33.45% YoY → improved unit economics/cost leverage.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent trend is clearly positive: multiple price-target raises and Buy/Outperform stances.
2026-01-26 Scotiabank: Outperform; PT raised to $55 from $50 (higher gold/silver forecasts, macro uncertainty supportive).
2026-01-19 BofA: Buy; PT raised to $47 from $44 (macro drivers for gold strengthening; expects strong capital returns).
2025-11-27 Desjardins: initiated Buy; PT C$64.
Wall Street pros: rising gold-price outlook, reserve growth/resource expansion, improving margins and earnings power.
Wall Street cons: sensitivity to gold price cycles and project/capex execution risk on expansion plans.

8 Analyst Rating

Wall Street analysts forecast AGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AGI is 45.55 USD with a low forecast of 39.59 USD and a high forecast of 50 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.

8 Buy

0 Hold

0 Sell

Strong Buy

Current: 37.670

Low

39.59

Averages

45.55

High

Current: 37.670

Low

39.59

Averages

45.55

High

Scotiabank

Ovais Habib

Outperform

maintain

$55 -> $60

AI Analysis

2026-02-06

New

Reason

Scotiabank

Ovais Habib

Price Target

$55 -> $60

AI Analysis

2026-02-06

New

maintain

Outperform

Reason

Scotiabank analyst Ovais Habib raised the firm's price target on Alamos Gold to $60 from $55 and keeps an Outperform rating on the shares. The firm comes away from Alamos Gold's investor day positive about the quality of the stock, believing investors can feel comfortable owning it amid the volatility in the precious metals market, the analyst tells investors.

CIBC

Cosmos Chiu

Outperformer

maintain

2026-02-04

New

Reason

CIBC

Cosmos Chiu

Price Target

2026-02-04

New

maintain

Outperformer

Reason

CIBC analyst Cosmos Chiu raised the firm's price target on Alamos Gold to C$80 from C$74 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.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for AGI

Unlock Now

AGI Should I Buy

AGI Should I Buy

Should You Buy Alamos Gold Inc (AGI) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

People Also Watch