FY2026 EPS Estimates for Ivanhoe Mines Cut by Analyst

Key Points

• Scotiabank cut its FY2026 EPS forecast for Ivanhoe Mines to $0.17 from $0.36 and maintained a "Hold" rating with a C$14.50 price target, while projecting FY2027 EPS of $0.40.
• Multiple other analysts (Citigroup, BMO, TD, Canaccord, Raymond James) have trimmed price targets and/or ratings, leaving an average analyst rating of "Hold" and an average target price of C$14.60.
• Ivanhoe reported Q results of C$0.06 EPS on C$183.99 million revenue; the stock opened at C$12.00, has a 52-week range of C$8.76–C$20.34 and a market cap of C$17.11 billion.

Ivanhoe Mines Ltd. (TSE:IVN - Free Report) - Analysts at Scotiabank dropped their FY2026 earnings per share estimates for Ivanhoe Mines in a report issued on Friday, April 10th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings of $0.17 per share for the year, down from their previous estimate of $0.36. Scotiabank has a "Hold" rating and a $14.50 price target on the stock. The consensus estimate for Ivanhoe Mines' current full-year earnings is $1.01 per share. Scotiabank also issued estimates for Ivanhoe Mines' FY2027 earnings at $0.40 EPS.

Ivanhoe Mines (TSE:IVN - Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The company reported C$0.06 earnings per share (EPS) for the quarter. The firm had revenue of C$183.99 million during the quarter. Ivanhoe Mines had a return on equity of 4.76% and a net margin of 59.26%.

A number of other equities analysts have also recently weighed in on the company. Citigroup cut their price target on Ivanhoe Mines from C$18.00 to C$13.00 and set a "buy" rating for the company in a report on Thursday, April 9th. BMO Capital Markets cut their price target on Ivanhoe Mines from C$23.00 to C$16.00 in a report on Wednesday, April 1st. TD Securities cut their price target on Ivanhoe Mines from C$19.00 to C$13.00 and set a "buy" rating for the company in a report on Wednesday, April 1st. Canaccord Genuity Group cut their price target on Ivanhoe Mines from C$15.00 to C$11.50 and set a "hold" rating for the company in a report on Monday, April 6th. Finally, Raymond James Financial cut Ivanhoe Mines from a "moderate buy" rating to a "hold" rating and cut their price target for the stock from C$23.00 to C$17.00 in a report on Wednesday, April 1st. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of C$14.60.

Ivanhoe Mines Stock Performance

TSE IVN opened at C$12.00 on Tuesday. Ivanhoe Mines has a fifty-two week low of C$8.76 and a fifty-two week high of C$20.34. The stock has a market cap of C$17.11 billion, a price-to-earnings ratio of 63.16 and a beta of 1.74. The business has a fifty day moving average of C$13.71 and a 200-day moving average of C$14.48. The company has a quick ratio of 20.86, a current ratio of 2.23 and a debt-to-equity ratio of 21.62.

About Ivanhoe Mines

Ivanhoe Mines Ltd is a mineral exploration and development company. The company, together with its subsidiaries, explores, develops, and recovers minerals and precious gems from its property interests located in Africa. The group explores platinum, nickel, copper, gold, silver, cobalt, iron, vanadium, and chrome. It operates in four segments: Platreef property, Kamoa Holding joint venture, Kipushi properties, and the Company's treasury offices.

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