Wall Street analyst estimates for Hudbay Minerals Inc. (HBM): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Hudbay Minerals Inc. operates as a diversified mining firm, encompassing its subsidiaries, focusing on the exploration, extraction, and commercialization of both industrial and precious metals across the North and South American continents. The company's primary products consist of copper concentrates (from which copper, gold, and silver are derived), silver-gold doré, molybdenum concentrates, and metallic zinc.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $2.9B | $2.8B – $3.1B | $1.53 | 10 |
| 2027E | $3.4B | $3.0B – $4.0B | $1.98 | 11 |
| 2028E | $3.5B | $2.8B – $4.2B | $2.03 | 9 |
Figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 12 |
| Hold | 8 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 20 |
| Avg rating (−2 sell to +2 buy) | 0.60 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-12 | $0.35 | ||
| 2026-07-29 | $0.28 | $0.26 | +8.4% |
| 2026-05-01 | $0.40 | $0.34 | +17.6% |
| 2026-02-20 | $0.22 | $0.40 | -45.0% |
| 2025-11-12 | $0.03 | $0.06 | -50.0% |
| 2025-08-13 | $0.19 | $0.11 | +72.7% |
| 2025-05-12 | $0.24 | $0.10 | +140.0% |
| 2025-02-19 | $0.18 | $0.18 | +0.0% |
Valuation Ratios
| P/E Ratio | 12.84 |
| Price / Book | 1.81 |
| EV / EBITDA | 6.25 |
| Dividend Yield | 0.13% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.13B | $1.40B | $1.47B | $1.24B | $1.09B | $1.50B | $1.46B | $1.69B | $2.02B | $2.21B |
| Cost of Revenue | $905.8M | $993.2M | $1.10B | $1.09B | $1.05B | $1.37B | $1.18B | $1.30B | $1.47B | $1.47B |
| Gross Profit | $222.9M | $409.1M | $373.7M | $151.5M | $39.0M | $131.0M | $276.9M | $392.5M | $553.8M | $743.2M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $37.8M | $42.3M | $27.2M | $36.2M | $41.4M | $43.0M | $34.0M | $39.2M | $57.0M | $94.7M |
| Operating Expenses | $53.1M | $56.6M | $74.9M | $440.3M | $76.2M | $112.8M | -$26.2M | $92.3M | $135.8M | $181.6M |
| Operating Income | $169.8M | $352.5M | $298.9M | -$288.8M | -$37.2M | $18.3M | $303.1M | $300.2M | $418.0M | $561.6M |
| EBITDA | $449.1M | $545.0M | $573.3M | -$33.4M | $267.2M | $274.4M | $530.3M | $650.8M | $780.3M | $1.44B |
| Interest Expense | $161.2M | $159.9M | $129.7M | $81.2M | $96.4M | $81.8M | $72.6M | $88.1M | $80.4M | $75.1M |
| Pre-tax Income | $5.6M | $172.9M | $170.8M | -$452.8M | -$179.1M | -$202.8M | $95.8M | $151.8M | $251.6M | $912.0M |
| Income Tax | $40.8M | $33.2M | $85.4M | -$109.0M | -$34.5M | $41.6M | $25.4M | $82.3M | $183.8M | $347.7M |
| Net Income | -$35.2M | $139.7M | $85.4M | -$343.8M | -$144.6M | -$244.4M | $70.4M | $66.4M | $76.7M | $568.5M |
| EPS | $-0.15 | $0.57 | $0.33 | $-1.32 | $-0.55 | $-0.93 | $0.27 | $0.21 | $0.20 | $1.46 |
| EPS (Diluted) | $-0.15 | $0.57 | $0.33 | $-1.32 | $-0.55 | $-0.93 | $0.27 | $0.21 | $0.20 | $1.46 |
| Shares Outstanding (Diluted) | 235.8 M | 243.5 M | 261.3 M | 261.3 M | 261.3 M | 261.5 M | 262.2 M | 311.0 M | 377.3 M | 396.6 M |
Price
| Price | $21.70 (closing price, October 30, 2026) |
| Market Cap | $9.6B |
| Exchange | NYSE |
| Country | CA |
Related companies: AUGO · SCCO · FCX · TECK
Explore sector: Basic Materials · Copper
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