Should I Buy EXK? EXK 2026 Analysis

Should You Buy Endeavour Silver Corp (EXK) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

11.360

1 Day change

8.81%

52 Week Range

15.150

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.

Not a good buy right now for an impatient entry: momentum indicators are weakening (MACD histogram negative and expanding) and price is still below the key pivot (~12.79), implying overhead resistance.
Options positioning is very bullish (very low put/call ratios), but implied volatility is extremely elevated (IV percentile ~98%), which often coincides with choppier price action rather than clean upside follow-through.
Fundamentals show strong YoY revenue growth, but profitability/efficiency remains pressured (gross margin down sharply; still net-loss), so the near-term move is more likely to be sentiment/metal-price driven than fundamentals-driven.
Clearer “buy-now” trigger would be either (1) a pullback toward support (~~10.99) or (2) a decisive reclaim/hold above the pivot (~~12.79).

Technical Analysis

Trend/Momentum: Bearish near-term momentum — MACD histogram at -0.262 and negatively expanding.
RSI: RSI(6) ~44 (neutral-to-soft), not oversold enough to suggest a strong mean-reversion bounce.
Moving averages: Converging MAs suggest indecision/transition rather than a confirmed uptrend.
Levels: Current ~11.85 is below Pivot 12.786 (overhead resistance). Support S1 ~10.991, then S2 ~9.882; resistance R1 ~14.581.
Pattern-based forward bias (provided): ~70% chance of -0.33% next day, +0.68% next week, +5.08% next month — modest near-term softness with better 1-month skew.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Sentiment: Strongly call-skewed (OI put/call 0.22; volume put/call 0.11) → bullish positioning.
Activity: Today’s option volume ~4090, ~19.5x vs 30D average, indicating unusually high attention/positioning.
Volatility: 30D IV ~109% vs HV ~90% and IV percentile ~98% → options are very expensive and the stock is priced for big moves.
Interpretation: Bullish sentiment is clear, but extreme IV can precede whipsaws; better for tactical entries than chasing strength under resistance.

Technical Summary

Sell

Buy

Positive Catalysts

- Analyst support: Multiple Buy ratings with raised price targets (improving Street confidence).
- Operational narrative: Expectations for improved costs as Terronera ramps (per analyst commentary).
- Macro lever: Higher silver prices improve cash-flow outlook and can re-rate silver producers quickly.
- Positioning: Options market is heavily tilted bullish (call-skewed).

Neutral/Negative Catalysts

- Technicals: Bearish/weakening momentum (negative, expanding MACD histogram) and price still below key pivot resistance.
- Profitability pressure: Gross margin down sharply YoY; company still reporting a net loss.
- News flow provided is not EXK-focused (no clear EXK-specific catalyst in the supplied headlines).
- Intellectia signals: No AI Stock Picker or SwingMax “strong buy” trigger today.

Financial Performance

Latest quarter provided: 2025/Q3.
Revenue: 142.831M, +167.26% YoY (very strong top-line growth).
Net income: -41.956M, improved YoY (less negative), but still a loss.
EPS: -0.14, improved YoY.
Gross margin: 10.93%, down ~53% YoY, indicating cost/price mix pressure despite revenue growth.
Takeaway: Growth is strong, but operating quality/margins must stabilize for a cleaner fundamental-driven uptrend.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent trend: Analysts have maintained Buy ratings and raised price targets following Q3.
B. Riley (2025-11-13): PT raised to $11 from $7; Buy; cites execution/clean quarters and higher silver prices.
Alliance Global Partners (2025-11-10): PT raised to $7.75 from $6; Buy; views report as mixed but expects costs to trend lower as Terronera ramps.
Wall Street pros: Strong growth narrative + improving execution + leverage to silver prices.
Wall Street cons: Cost/margin pressure and ramp execution risk remain the key swing factors.

7 Analyst Rating

Wall Street analysts forecast EXK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EXK is 11.74 USD with a low forecast of 9 USD and a high forecast of 14.5 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

0 Hold

0 Sell

Strong Buy

Current: 10.440

Low

Averages

11.74

High

14.5

Current: 10.440

Low

Averages

11.74

High

14.5

CIBC

Outperformer

maintain

AI Analysis

2026-02-04

New

Reason

CIBC

Price Target

AI Analysis

2026-02-04

New

maintain

Outperformer

Reason

CIBC raised the firm's price target on Endeavour Silver to C$25 from C$20 and keeps an Outperformer rating on the shares. CIBC increased targets across the precious metals group after it 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.

B. Riley

Nick Giles

Buy

maintain

$7 -> $11

2025-11-13

Reason

B. Riley

Nick Giles

Price Target

$7 -> $11

2025-11-13

maintain

Buy

Reason

B. Riley analyst Nick Giles raised the firm's price target on Endeavour Silver to $11 from $7 and keeps a Buy rating on the shares following the Q3 report. The firm believes the company's "continued execution and clean quarters should deliver strong returns." It attributes the new price target to higher silver prices and improved growth visibility.

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

Unlock Now

EXK Should I Buy

EXK Should I Buy

Should You Buy Endeavour Silver Corp (EXK) 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