Update shared on 22 Nov 2025
Fair value Increased 4.25%Hudbay Minerals’ analyst price target has risen to approximately $26.20 from $25.13, reflecting analysts’ increased expectations for revenue growth and profit margins following recent quarterly results and revised commodities forecasts.
Analyst Commentary
Recent Street research has seen analysts significantly raise their price targets for Hudbay Minerals, reflecting optimistic assessments regarding the company’s financial trajectory, market exposure, and commodity price tailwinds.
Bullish Takeaways- Several bullish analysts have increased their price targets for Hudbay Minerals, citing improved quarterly results and positive adjustments to financial models.
- The company’s diversified exposure to gold and copper is viewed favorably, particularly with the bullish outlooks on precious metal prices.
- Hudbay is noted for having strong free cash flow generation, even before factoring in potential future growth projects.
- Upward revisions to commodity price forecasts, especially for gold and silver, have strengthened expectations for revenue and margin expansion. This has supported higher valuations.
What's in the News
- The U.S. Department of the Interior has added copper and silver to its "critical minerals" list, a move that could impact future tariff and supply chain policy. Hudbay Minerals is among the publicly traded companies with exposure to these newly designated critical minerals (Financial Times).
- Hudbay Minerals reported third quarter 2025 production results, with lower copper, gold, and silver output compared to the previous year. The company continues to reaffirm its annual production guidance.
- Operations at the Constancia mine in Peru have fully resumed following temporary shutdowns due to local demonstrations and transportation blockades earlier in the year. Preventative maintenance was completed during downtime, and production levels have now normalized.
- The company expects a strong fourth quarter for copper and gold production and continues to demonstrate resilience despite recent operational interruptions.
Valuation Changes
- Consensus Analyst Price Target has risen from CA$25.13 to CA$26.20, reflecting a modest upgrade in forecasts for Hudbay Minerals.
- Discount rate increased slightly from 7.46 percent to 7.47 percent, indicating a marginal change in the assessed risk profile.
- Revenue growth projections have risen sharply, moving from 4.45 percent to 10.16 percent and signaling stronger anticipated sales expansion.
- Net profit margin forecasts have grown from 18.83 percent to 23.50 percent, suggesting improved expectations for profitability.
- Future P/E ratio has declined significantly from 18.81x to 14.21x, indicating greater expected earnings relative to price and a more favorable forward valuation.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.