Analyst Consensus ?
ConsensusBuy30 ratings
Bullish1963.3%
Neutral1033.3%
Bearish13.4%
Agnico Eagle Mines Limited · AEM · FY2025 Q3 · Calendar Q4 2025
Agnico Eagle pairs record Q3 performance with heavier growth investment
A record gold-price environment and strong production supported reported Q3 strength, while balance-sheet progress and productivity initiatives add resilience. The longer-term case still depends on executing a large project pipeline while containing inflation, royalty and permitting risks; the earnings scorecard was mixed, with EPS above estimate and revenue below estimate.
Reported After market closeNYSEBasic Materials
$83.61B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$2.16
Consensus $1.76
EPS surprise
+22.7%
Reported versus consensus
Reported revenue
$3.03B
Consensus $3.41B
Revenue surprise
-11.3%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+3.7%
Event window
SPY move
-1.1%
Same window
Abnormal move
+4.8%
Stock minus SPY
Volume
1.0×
Versus trailing sessions
Subsequent drift
+7.3%
Up to 20 sessions
AEMSPY benchmark
Ask FN2 about AEM FY2025 Q3
Transcript, numbers and history already loaded
Why did AEM rise 3.7% after beating EPS estimates in FY2025 Q3?What changed in AEM's guidance and outlook in FY2025 Q3?Give me the bull and bear case for AEM after FY2025 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The Q3 analysis adds a dedicated subsidiary for critical-metal investments and reports productivity gains from remote-operation and fleet-management technology. It also describes continued advancement of major mine projects and a higher exploration pace; the prior-quarter analysis had already emphasized growth spending and productivity initiatives, so these are extensions rather than a wholesale strategic pivot.
Guidance delta
Guidance sentiment is described as maintained. The analysis flags higher royalties and labor and input cost inflation as pressures to monitor; it does not describe a new cost-guidance change.
Key takeaways
- The transcript analysis attributes record financial performance to record gold prices and solid production.
- The balance sheet strengthened through debt repayment and cash accumulation, and shareholder returns continued.
- Management is advancing five major projects and expanding exploration, while seeking productivity gains through remote operations and fleet management.
- The scorecard was mixed: EPS exceeded consensus while revenue fell short of consensus.
- A new subsidiary broadens the investment remit into critical metals, while management describes the company as remaining gold-focused.
Management priorities
- Advance Detour Underground, Canadian Malartic, Upper Beaver, Hope Bay and San Nicolas.
- Expand exploration drilling and assess critical-metal investment opportunities.
- Improve underground productivity through remote-operation and fleet-management technology.
- Maintain disciplined capital allocation while returning capital to shareholders.
Follow AEM with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$165.38Previous close
$66Low
$185.66Average
$304High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Nov 2, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| JP Morgan | Neutral | Neutral | Maintain | Oct 30, 2026 |
| Freedom Broker | Hold | Buy | Downgrade | Oct 22, 2026 |
| Barclays | Overweight | Overweight | Maintain | Oct 19, 2026 |
| UBS | Neutral | Neutral | Maintain | Oct 8, 2026 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | Sep 16, 2026 |
| Scotiabank | Sector Outperform | Sector Outperform | Maintain | Jul 14, 2026 |
| B of A Securities | Buy | Buy | Maintain | Jul 9, 2026 |
| Jefferies | Buy | Hold | Upgrade | Jul 6, 2026 |
| CIBC | Outperform | Outperform | Maintain | May 26, 2026 |
| Citigroup | Buy | Buy | Maintain | Jan 15, 2026 |
| Raymond James | Outperform | Outperform | Maintain | Oct 10, 2025 |
| BMO Capital | Outperform | Outperform | Maintain | Jun 20, 2024 |
| Keybanc | Equal Weight | Sector Weight | Maintain | Sep 24, 2021 |
| Canaccord Genuity | Buy | Buy | Maintain | Feb 23, 2021 |
| TD Securities | Buy | Buy | Maintain | Jul 30, 2020 |
| GMP Securities | Buy | Hold | Upgrade | Apr 23, 2019 |
| Desjardins | Hold | Buy | Downgrade | Apr 12, 2019 |
| Credit Suisse | Outperform | Outperform | Maintain | Sep 11, 2017 |
| National Bank Financial Inc | Outperform | Sector Perform | Upgrade | Jul 24, 2017 |
| National Bank Financial | Outperform | Sector Perform | Upgrade | Jul 24, 2017 |
| HSBC | Hold | Buy | Downgrade | Oct 26, 2015 |
| Bank of America | Buy | Neutral | Upgrade | Aug 12, 2015 |
| Morgan Stanley | Overweight | Overweight | Maintain | May 5, 2014 |
| Dundee | Buy | Neutral | Upgrade | Apr 24, 2014 |
| Sterne Agee | Buy | Neutral | Upgrade | Jan 22, 2014 |
| Salman Partners | Buy | Hold | Upgrade | Oct 25, 2013 |
| Macquarie | Neutral | Underperform | Upgrade | Jul 26, 2013 |
| Mackie Research | Sell | Hold | Downgrade | Jul 8, 2013 |
| Global Hunter Securities | Neutral | Buy | Downgrade | Aug 22, 2012 |
| Dahlman Rose | Hold | Buy | Downgrade | May 30, 2012 |
Named analyst price targets
Upside is calculated against the persisted previous close $165.38. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Barclays | Analyst unavailable | $218 | $189.53 | +31.8% | Oct 19, 2026 |
| CIBC | Analyst unavailable | $239 | $191.65 | +44.5% | Oct 16, 2026 |
| CIBC | Analyst unavailable | $285 | $137.56 | +72.3% | Jul 16, 2026 |
| Barclays | Richard Garchitorena | $188 | $142.16 | +13.7% | Jul 15, 2026 |
| Scotiabank | Analyst unavailable | $260 | $144.69 | +57.2% | Jul 14, 2026 |
| RBC Capital | Josh Wolfson | $210 | $147.89 | +27.0% | Jul 9, 2026 |
| Barclays | Analyst unavailable | $210 | $153.86 | +27.0% | Jul 6, 2026 |
| Jefferies | Fahad Tariq | $200 | $153.86 | +20.9% | Jul 6, 2026 |
| UBS | Daniel Major | $170 | $150.96 | +2.8% | Jun 30, 2026 |
| CIBC | Analyst unavailable | $310 | $179.79 | +87.4% | May 26, 2026 |
| Barclays | Analyst unavailable | $213 | $177.75 | +28.8% | May 21, 2026 |
| CIBC | Anita Soni | $304 | $207.88 | +83.8% | Apr 21, 2026 |
| UBS | Analyst unavailable | $210 | $193.4 | +27.0% | Mar 27, 2026 |
| Scotiabank | Tanya Jakusconek | $280 | $212.14 | +69.3% | Feb 17, 2026 |
| TD Securities | Steven Green | $251 | $209.2 | +51.8% | Feb 17, 2026 |
| CIBC | Analyst unavailable | $296 | $192.73 | +79.0% | Feb 4, 2026 |
| UBS | Analyst unavailable | $240 | $198.62 | +45.1% | Jan 30, 2026 |
| Scotiabank | Analyst unavailable | $276 | $221.77 | +66.9% | Jan 26, 2026 |
| Raymond James | Analyst unavailable | $225 | $197.28 | +36.1% | Jan 14, 2026 |
| RBC Capital | Josh Wolfson | $205 | $166.28 | +24.0% | Dec 10, 2025 |
| Jefferies | Analyst unavailable | $189 | $168.83 | +14.3% | Dec 7, 2025 |
| UBS | Daniel Major | $190 | $173.48 | +14.9% | Dec 1, 2025 |
| Scotiabank | Tanya Jakusconek | $219 | $164.98 | +32.4% | Oct 23, 2025 |
| UBS | Analyst unavailable | $180 | $178.74 | +8.8% | Oct 16, 2025 |
| CIBC | Anita Soni | $231 | $164.38 | +39.7% | Oct 10, 2025 |
| Raymond James | Judith Elliott | $182 | $161.73 | +10.0% | Oct 10, 2025 |
| UBS | Analyst unavailable | $160 | $157.77 | -3.3% | Sep 19, 2025 |
| Scotiabank | Tanya Jakusconek | $126 | $118.39 | -23.8% | Apr 14, 2025 |
| Raymond James | Farooq Hamed | $105 | $95.59 | -36.5% | Feb 4, 2025 |
| UBS | Daniel Major | $95 | $82.25 | -42.6% | Sep 17, 2024 |
| Jefferies | Matthew Murphy | $66 | $74.62 | -60.1% | Jul 12, 2024 |
| RBC Capital | Josh Wolfson | $80 | $69.8 | -51.6% | Jul 5, 2024 |
| BMO Capital | Jackie Przybylowski | $77 | $64.61 | -53.4% | Jun 20, 2024 |
| Scotiabank | Tanya Jakusconek | $81 | $64.61 | -51.0% | Jun 18, 2024 |
| Barclays | Matthew Murphy | $70 | $53.48 | -57.7% | Jun 8, 2022 |
| Barclays | Analyst unavailable | $71 | $61.76 | -57.1% | Apr 21, 2022 |
| Industrial Alliance Securities | Puneet Singh | $83.55 | $50.5 | -49.5% | Jan 21, 2022 |
Track every rating change on AEM the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationAgnico Eagle Mines Limited is engaged in the discovery, growth, and operation of mineral sites across Canada, Mexico, and Finland. The company organizes its business into Northern and Southern segments. Primarily, it focuses on the extraction and sale of gold, while also exploring for deposits of silver, zinc, and copper. Its principal asset is the LaRonde mine, located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2021, the LaRonde mine reported proven and probable gold reserves totaling approximately 3.0 million ounces. Additionally, the company conducts exploration efforts in various international regions, including Europe, Latin America, and the United States. Founded in 1953, Agnico Eagle Mines Limited maintains its corporate headquarters in Toronto, Canada.
Historical context
All AEM earningsBasic Materials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| LYB LyondellBasell Industries N.V. | FY2026 Q3 · Calendar Q4 2026 | -1.2% | +5.0% | LyondellBasell Q3 Earnings: Strong Cash Flow, Cautious Outlook |
| VALE Vale S.A. | FY2026 Q3 · Calendar Q4 2026 | -24.6% | +1.9% | Vale balances cost resilience with iron-ore and copper execution risks |
| TECK Teck Resources Limited | FY2026 Q3 · Calendar Q4 2026 | +26.4% | +1.1% | Teck posts strong Q3 as copper growth offsets merger and labor risks |
Latest beats and misses
Who reports nextBeat on EPS
- CHDFY2026 Q3 · October 30, 2026+2.2% EPS+1.2% move
- AZNFY2026 Q3 · October 30, 2026+7.3% EPS+7.0% move
- FRTFY2026 Q3 · October 30, 2026+3.9% EPS-1.1% move
- CVXFY2026 Q3 · October 30, 2026+8.4% EPS+1.8% move
- BTSGFY2026 Q3 · October 30, 2026+14.2% EPS+11.1% move
- EXCFY2026 Q3 · October 30, 2026+10.4% EPS+0.5% move
Missed on EPS
- GLPIFY2026 Q3 · October 29, 2026-11.5% EPS-1.3% move
- LYBFY2026 Q3 · October 30, 2026-1.2% EPS+5.0% move
- CCJFY2026 Q3 · October 30, 2026-101.4% EPS-7.9% move
- VALEFY2026 Q3 · October 29, 2026-24.6% EPS+1.9% move
- DLR-PLFY2026 Q3 · October 29, 2026-8.4% EPS— move
- DLR-PKFY2026 Q3 · October 29, 2026-8.4% EPS— move
Get the AEM recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-11-02T09:50:50.686064+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-11-02T09:50:50.683299+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-11-02. For educational purposes only; not investment advice.