First Majestic Silver (AG.US) Price Target 2026/2027: 45% Upside – Rating and Stock Analysis

17,33
-1,62%
Price history for First Majestic Silver (AG.US) – stock price at 17.33 $, August 2026
First Majestic Silver stock price – price development 2026. Updated Aug 6, 2026.
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First Majestic Silver Price Target 2026: Analysts See 43% Upside

The average price target for First Majestic Silver is $24.75. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 42,86% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is First Majestic Silver overvalued or undervalued?

First Majestic Silver is currently undervalued with a gap of 42.9% relative to the price target.


The current price is $17.33, which places First Majestic Silver in the undervalued category. The stock is considered undervalued when the price is below $22.28, and overvalued when the price exceeds $27.23.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For First Majestic Silver, the fair value range lies between $22.28 and $27.23.


See the full price target analysis for First Majestic Silver →

Analyst Ratings for First Majestic Silver stock in 2026: Buy

6 analysts cover First Majestic Silver. The majority is positive, with 66.7% recommending Buy, while 16.7% recommend Hold. The average price target is $24.75, which gives an upside of 42.9% from the current price.

Consensus: Buy (4.00/5)
Strong Buy
3 (50%)
Buy
1 (16.7%)
Hold
1 (16.7%)
Sell
1 (16.7%)
Strong Sell Sell Hold Buy Strong Buy
4.00 out of 5 based on 6 analysts

About First Majestic Silver – Sølv

First Majestic Silver Corp. driver miner og tjener penge på at udvinde sølv og guld i Nordamerika. Virksomheden er kendt for at fokusere på ædelmetaller og ejer flere store mineområder. De driver blandt andet San Dimas Sølv/Guldminen, som dækker 71.868 hektar i Durango og Sinaloa, og Santa Elena Sølv/Guldminen i Sonora. First Majestic ejer også Jerritt Canyon guldminen i Nevada. Derudover driver First Majestic Silver Corp. La Encantada Sølvminen i Coahuila. Selskabet har altså en bred geografisk spredning i Nordamerika. De ejer 100% af alle deres primære aktiver, som tæller seks miner. First Majestic Silver Corp. fortsætter med at udvikle yderligere mineområder, herunder La Parrilla Sølvminen. Read more about the company

Key Figures for First Majestic Silver

$ 8,1B Market cap
$ 1,6B Revenue
Sølv Industry
23.56 P/E
4.95 P/S
2.50 P/B
USA Listed on exchange

What kind of stock is First Majestic Silver?

Growth stock

First Majestic Silver is classified as a growth stock with quarterly earnings growth of 102.4% and strong long-term momentum of 0.0%.

Score Overview for First Majestic Silver

💰 Value Score 53/100 (Neutral)
⭐ Quality Score 85/100 (Very High)
🚀 Momentum Score 20/100 (Low)
📊 Total Score 52/100

📈 Valuation

First Majestic Silver trades at a P/E ratio of 23.6, which is close to the market average. The forward P/E is 15.9 (33% lower), which suggests the market expects rising earnings. The P/S ratio is 5.0. The P/B ratio is 2.5.

💵 Profitability & Growth

First Majestic Silver has a profit margin of 21.2% (excellent) and an operating margin of 47.8%. Return on equity (ROE) is 13.4% — solid return on equity. Return on assets (ROA) is 10.2%. The latest quarterly earnings grew 102.4% year over year — strong growth.

🏦 Financial Health

The Piotroski score is 6 out of 9 — good financial health. Altman Z2 is 4.00 (healthy balance sheet — low risk). The debt-to-equity ratio (D/E) is 46.5% — low debt, a solid balance sheet.

🚀 Momentum & Short Interest

Short interest is 6.88% — elevated, some investors are betting on a decline.

First Majestic Silver Dividend 2026: 0.3% Dividend Yield

Dividend Key Figures for First Majestic Silver in 2026

Dividend yield
0.29%
Dividend per share
0.02 USD
Payout ratio
5.1%
Low
Dividend growth (4 years)
+100.0%
Avg. annual dividend (3 years)
0.02 USD

When does First Majestic Silver pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
August 14, 2026
Next dividend payment
August 31, 2026
Latest payment date
August 31, 2026

How much does First Majestic Silver pay in dividends?

First Majestic Silver pays dividends to its shareholders. The most recently paid dividend was 0.02 USD per share, which corresponds to a dividend yield of 0.29%. Over the last 4 years, the annual dividend has grown by 100.0%, which shows positive dividend growth.

The payout ratio is 5.1%, which is low. This suggests the company prioritizes reinvesting in growth over dividend payments. There is good room to raise the dividend in the future.

Historical Dividend Payments for First Majestic Silver

We have registered dividend payments for First Majestic Silver since 2021-05-14. In that period the stock has paid a dividend 26 times, most recently on 2026-08-14. This stock qualifies as a stable dividend stock, because it has paid a dividend at least once a year for the last 5 years. That makes it attractive to investors looking for steady, regular dividend payments.

Ex-datePayment dateAmountCurrencyPeriod
2026-08-142026-08-310.02USDUnknown period
2026-05-202026-05-290.02USDUnknown period
2026-05-202026-05-290.02USDUnknown period
2026-05-202026-05-290.02USDUnknown period
2026-05-202026-05-290.02USDUnknown period
2026-05-202026-05-290.02USDUnknown period
2026-05-202026-05-290.02USDUnknown period
2026-02-272026-03-160.01USDUnknown period
2025-11-142025-11-280.01USDUnknown period
2025-08-292025-09-150.00USDUnknown period
2025-02-282025-03-140.01USDUnknown period
2024-11-15N/A0.00USDUnknown period
2024-08-162024-08-300.00USDUnknown period
2024-05-162024-06-070.00USDUnknown period
2024-03-132024-03-280.00USDUnknown period
2023-11-142023-11-300.00USDUnknown period
2023-08-152023-08-310.01USDUnknown period
2023-05-172023-06-090.01USDUnknown period
2023-03-092023-03-240.01USDUnknown period
2022-11-212022-12-020.01USDUnknown period
2022-08-152022-08-310.01USDUnknown period
2022-05-242022-06-100.01USDUnknown period
2022-03-182022-04-040.01USDUnknown period
2021-11-162021-11-300.00USDUnknown period
2021-08-252021-09-160.01USDUnknown period
2021-05-142021-06-040.00USDUnknown period

Insider Trading in First Majestic Silver 2026: The Signal Is clearly positive

In 2026, insiders at First Majestic Silver have made 2 transactions, all of which were purchases. On a net basis, insiders put 261,572 $ into the stock, which is a positive signal. Active insiders include Vinita Lee Piper, PIPER VINITA LEE.

Short-Term Signal (3 months): No activity

There has been no insider trading in the last 3 months.

Long-Term Signal (all transactions): Clearly positive

Insiders have exclusively bought shares. This is a strong signal of confidence in the company's future.

Across the last 2 transactions: 2 purchases and 0 sales. A net 261,572 $ into the stock.

Latest purchase: Vinita Lee Piper bought 22,055 shares at 6 $ each on 2019-05-14. The stock has since risen 197%.

Who is buying: Vinita Lee Piper, PIPER VINITA LEE.

Latest Insider Trades in First Majestic Silver (2026)

The table shows the last 2 reported insider transactions in First Majestic Silver. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2019-05-14 Vinita Lee Piper Buy 22,055 6 130,786
2019-05-14 PIPER VINITA LEE Buy 22,055 6 130,786

Who is buying and selling First Majestic Silver shares in 2026?

The following insiders have bought shares in First Majestic Silver: Vinita Lee Piper, PIPER VINITA LEE. In total, 261,572 $ was bought across 2 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

First Majestic Silver Short Selling 2026: 6.9% Sold Short

High short interest: 6.9% of the free float
Short % of free float
6.9%
Assessment
High short interest
Short squeeze risk
Moderate
Data source
SEC
Updated daily
The stock has a high share of short selling. Between 5-10% of the freely traded shares are sold short, which suggests some investors are betting on falling prices. Positive surprises can lead to a moderate short squeeze.

What does this mean for you as an investor?
A short interest of 6.9% means that 6.9% of the freely traded shares in First Majestic Silver have been borrowed and sold by investors betting on falling prices.

Data is updated daily based on official filings with the SEC.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
6.9%

When Does First Majestic Silver Report Earnings?

The next earnings date for First Majestic Silver is not yet available. Check the company's investor calendar for more information.



Technical Analysis of First Majestic Silver 2026 – Signal: Strong Sell

Overall Technical Signal: Strong Sell

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of First Majestic Silver (AG.US) – RSI 57, MACD negative (bearish), daily candlestick chart August 2026
First Majestic Silver technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of First Majestic Silver Corp

First Majestic Silver Corp is in a short-term uptrend. The price of $17.61 is 7.9% above the 20-day average ($16.32). Medium term, the picture is positive: the price is 1.5% above the 50-day average ($17.34). Long term, the stock is 6.5% below the 200-day average ($18.83), which signals a long-term downtrend.

Death Cross: The 50-day average (17.34) is below the 200-day average (18.83), which is a classic bearish signal for First Majestic Silver Corp.

Is First Majestic Silver Corp overbought or oversold?

First Majestic Silver Corp has an RSI of 56.6. The stock shows positive momentum in the upper part of the neutral zone.

MACD Analysis for First Majestic Silver Corp

Daily MACD: MACD is negative (-0.300), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is above the signal line (-0.467) by 0.167, which suggests the negative momentum is fading – a potential trend reversal could be ahead.

Weekly MACD: MACD5 is negative (-0.634), which indicates a broader bearish long-term trend. MACD5 is below the signal line (0.154) by 0.788, which confirms continued negative long-term momentum.

Overall MACD assessment: Both the daily and weekly trend are bearish (MACD negative). However, momentum shows signs of improving on a daily basis – a potential trend reversal could be ahead, but it is not confirmed yet.

Risk Profile for First Majestic Silver Corp

First Majestic Silver Corp has an annual standard deviation of 75.9%, which classifies the stock as extreme risk. Only risk-tolerant investors should consider this stock, because the price swings can be very large.

Overall Technical Conclusion for First Majestic Silver Corp

Trend: Negative. The price trades below SMA50 and SMA200.

MACD trend (zero line): Daily bearish (-0.300). Weekly bearish (-0.634).

MACD momentum (signal): Daily rising. Weekly falling.

RSI: 56.6 – neutral.

Technical signal: Strong Sell

The price is in a downtrend (below SMA50/SMA200) and MACD is negative on both a daily and weekly basis. Avoid buying and consider closing existing positions.

Frequently Asked Questions About First Majestic Silver stock in 2026

Should you buy First Majestic Silver stock now?
No, the technical signal for First Majestic Silver is currently SELL. First Majestic Silver trades at $17.33 as of 8/6/2026. The overall technical signal is: Strong Sell. The technical analysis shows the following: MACD is negative (bearish trend) at -0.300 with rising momentum (signal: -0.467); RSI is at 56.6 (neutral zone); the stock is in a short-term uptrend (price above the 20-day average); the analyst price target of $24.75 points to 42.9% upside. The stock is in a broader downtrend (below SMA50/SMA200). Buying in a downtrend is generally not recommended. This is a technical observation based on current data, not investment advice.
What is the price target for First Majestic Silver stock?
The average analyst price target for First Majestic Silver is $24.75. The current price is $17.33, which gives an upside of 42.9%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $22.28 and $27.23.
Is First Majestic Silver a dividend stock?
Yes, First Majestic Silver is a dividend stock with a dividend yield of 0.29%. The latest dividend was $0.02 per share. The latest ex-dividend date (traded without the dividend) was 8/14/2026. The payout ratio is 5.1%, which is considered sustainable. The next dividend payment is scheduled for 8/31/2026.
When does First Majestic Silver pay a dividend in 2026?
First Majestic Silver pays its next dividend on 8/31/2026. The latest dividend was $0.02 per share with an ex-dividend date of 8/14/2026. The dividend yield is 0.29%. The payout ratio of 5.1% points to a sustainable dividend with room to grow.
What is the risk of First Majestic Silver stock?
First Majestic Silver is rated as a stock with extreme risk. the annual standard deviation is 75.9%, which classifies the stock as extreme risk.
Is First Majestic Silver overvalued?
No, First Majestic Silver is considered undervalued based on the analyst price target (42.9% upside). First Majestic Silver has the following valuation ratios: a P/E ratio of 23.6 (moderately to highly valued), a P/S ratio of 5.0, a P/B ratio of 2.5. The analyst price target suggests that the stock is undervalued by 42.9%.
Is First Majestic Silver overbought?
No, First Majestic Silver is not overbought. RSI is at 56.6 (neutral zone). The technical indicators show: RSI is at 56.6 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 6.2% above the 20-day average (short-term uptrend). In addition, MACD is negative, but momentum is rising (possible trend reversal).
When is the next First Majestic Silver earnings report?
The date of the next earnings report for First Majestic Silver has not been published yet. Check the company's investor calendar for updates.
Is First Majestic Silver shorted?
Yes, First Majestic Silver is shorted with 6.9% of the free float sold short. This is a high level of short selling, which suggests some investors are betting on falling prices. Positive surprises can lead to a moderate short squeeze. Data is updated daily based on official filings with the SEC.
Are insiders buying First Majestic Silver stock?
Yes, insiders are net buyers of First Majestic Silver – they are buying more shares than they are selling. Across the last 2 reported transactions, the split is 2 purchases and 0 sales, with a net 261,572 $ bought. Active buyers include Vinita Lee Piper, PIPER VINITA LEE. Insider buying is generally seen as a positive signal, because management is putting its own money into the company.
Is First Majestic Silver a good stock?
Based on our total score, First Majestic Silver is rated as a mediocre stock with a total score of 53 out of 100. The stock scores around average on value, quality and momentum – it sits near the median in our database. The score is made up of Value: 53/100, Quality: 85/100, Momentum: 20/100. In addition: analysts see 42.9% upside to the price target; a dividend of 0.29%; technical signal: Strong Sell. Whether First Majestic Silver is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for First Majestic Silver stock?
The outlook for First Majestic Silver based on current data: the average analyst price target is $24.75 (+42.9%); the stock is in a downtrend (below SMA50 and SMA200); the P/E ratio is 23.6 (moderate). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is First Majestic Silver stock rising?
First Majestic Silver is rising right now. The technical indicators show: the price is 6.2% above the 20-day average; short interest is 6.9% (high – many are betting on a decline); insiders have mostly been buying the stock recently. For the latest context, see our technical analysis, insider section and news overview above.
How high can First Majestic Silver go?
The average analyst price target for First Majestic Silver is $24.75, which corresponds to a potential gain of 42.9% from the current price of $17.33. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can First Majestic Silver fall?
We lack enough history to give a specific floor for First Majestic Silver. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does First Majestic Silver do?
First Majestic Silver Corp. driver miner og tjener penge på at udvinde sølv og guld i Nordamerika. Virksomheden er kendt for at fokusere på ædelmetaller og ejer flere store mineområder. De driver blandt andet San Dimas Sølv/Guldminen, som dækker 71.868 hektar i Durango og Sin... The company belongs to the Materialer sector, more specifically the Sølv industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate First Majestic Silver as an investment.
Did First Majestic Silver raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from First Majestic Silver. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is First Majestic Silver making money or losing money?
Yes, First Majestic Silver is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 21.2% — which is excellent. The operating margin (profit before interest and taxes) is 47.8%. At a P/E ratio of 23.6, you currently pay 23.6 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can First Majestic Silver go bankrupt?
The bankruptcy risk of First Majestic Silver is rated as low. Altman Z2 (a model for assessing financial distress) is 4.00 — that places the company in the healthy zone. The company has a healthy balance sheet with limited debt relative to earnings and assets. The Piotroski score (financial health 0-9, higher is better) is 6 — which is average. Debt relative to equity is 47% (low). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does First Majestic Silver have a lot of debt?
No, First Majestic Silver has low debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 47%. For the materialer sector, anything below 80% counts as low debt. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector. Can First Majestic Silver service its debt? Can service its debt without problems — the interest coverage ratio (how many times earnings can cover interest payments) is 29.8x, and the company has more cash than debt (net cash).