For the third quarter of 2026, First Majestic Silver Corp is expected to report consensus revenue of $390 million and earnings per share of $0.19, while the current stock price of $14.26 remains significantly below the average analyst price target of $24.00.
Investors are primarily focused on the financial impact of a 12-day labor dispute at the San Dimas mine, which has already contributed to a production volume that fell below company guidance midpoints.
Although the company reported a year-over-year surge in revenue due to higher realized metal prices, operational headwinds at San Dimas and rising inflationary costs remain key risks. Analysts are watching to see if a stronger Q4 performance can offset the Q3 production shortfall and keep the company on track for its revised 2026 guidance.