Hudbay Minerals (HBM) Stock Forecast & Price Target C$33.65 +0.76 (+2.31%) As of 05/20/2026 04:00 PM Eastern Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesBuy This Stock Hudbay Minerals - Analysts' Recommendations and Stock Price Forecast (2026) How MarketBeat Calculates Price Target and Consensus Rating Consensus Rating BuyBased on 13 Analyst RatingsSell0Hold1Buy12 Based on 13 Wall Street analysts who have issued ratings for Hudbay Minerals in the last 12 months, the stock has a consensus rating of "Buy." Out of the 13 analysts, 1 has given a hold rating, 10 have given a buy rating, and 2 have given a strong buy rating for HBM. Consensus Price Target C$39.1016.20% Upside According to the 13 analysts' twelve-month price targets for Hudbay Minerals, the average price target is C$39.10. The highest price target for HBM is C$46.00, while the lowest price target for HBM is C$32.50. The average price target represents a forecasted upside of 16.20% from the current price of C$33.65. MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Get the Latest News and Ratings for HBM and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Hudbay Minerals and its competitors. Sign Up View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. 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HBM Analyst Ratings Over TimeTypeCurrent Forecast5/21/25 to 5/21/261 Month Ago4/21/25 to 4/21/263 Months Ago2/20/25 to 2/20/261 Year Ago5/21/24 to 5/21/25Strong Buy2 Strong Buy rating(s)2 Strong Buy rating(s)3 Strong Buy rating(s)2 Strong Buy rating(s)Buy10 Buy rating(s)10 Buy rating(s)9 Buy rating(s)9 Buy rating(s)Hold1 Hold rating(s)1 Hold rating(s)1 Hold rating(s)0 Hold rating(s)Sell0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)Consensus Price TargetC$39.10C$38.17C$35.05C$15.69Forecasted Upside16.20% Upside17.00% Upside2.53% Upside33.67% UpsideConsensus RatingBuyBuyBuyBuy HBM Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.Skip Chart & View Analyst Rating History HBM Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table Hudbay Minerals Stock vs. The CompetitionTypeHudbay MineralsBasic Materials CompaniesConsensus Rating Score 3.08 2.57Consensus RatingBuyModerate BuyNews Sentiment RatingNeutral NewsSee Recent HBM NewsNeutral News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export DateBrokerageAnalystActionRatingPrice TargetReport Date Upside/DownsideDetails5/4/2026 Canaccord Genuity Group4 of 5 stars Lower TargetC$41.00 ➝ C$40.00+33.33%4/22/2026 BMO Capital Markets4 of 5 stars Boost TargetC$33.00 ➝ C$39.00+15.73%4/21/2026 Canadian Imperial Bank of Commerce3 of 5 stars Boost TargetC$42.00 ➝ C$46.00+40.50%3/12/2026 Royal Bank Of CanadaSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetC$28.00 ➝ C$40.00+34.59%3/5/2026 DesjardinsSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Set TargetBuyC$40.00+28.37%2/26/2026 Bank of AmericaSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetC$37.75 ➝ C$44.50+18.57%2/23/2026 ScotiabankSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Lower TargetOutperformC$37.00 ➝ C$35.50-1.09%2/23/2026 ATB Cormark Capital MarketsSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetOutperformC$26.00 ➝ C$37.50+4.49%2/11/2026 Stifel NicolausSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetBuyC$28.00 ➝ C$41.00+14.65%2/11/2026 CitigroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetBuyC$23.00 ➝ C$32.50-9.12% Get the Latest News and Ratings for HBM and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Hudbay Minerals and its competitors with MarketBeat's FREE daily newsletter. 1/29/2026 National Bank FinancialSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating DowngradeOutperform ➝ Sector PerformC$28.00 ➝ C$40.00+9.74%1/26/2026 Raymond James FinancialSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetOutperformC$34.00 ➝ C$36.00+1.84%1/22/2026 TD SecuritiesSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetBuyC$17.00 ➝ C$43.00+28.24%1/19/2026 Jefferies Financial GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetC$31.00 ➝ C$37.00+14.20%1/9/2026 UBS GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Set TargetBuyC$34.50+15.35%9/8/2025 The Goldman Sachs GroupSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating UpgradeBuy7/7/2025 VeritasSubscribe to MarketBeat All Access for the firm's recommendation accuracy ratingM. PradierSubscribe to MarketBeat All Access for the analyst's recommendation accuracy ratingUpgradeStrong-Buy7/11/2024 Eight CapitalSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetC$14.50 ➝ C$18.00+44.00%5/27/2024 CormarkSubscribe to MarketBeat All Access for the firm's recommendation accuracy rating Boost TargetBuyC$13.50 ➝ C$15.00+12.28%Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:49 AM ET. HBM Forecast - Frequently Asked Questions What is Hudbay Minerals' forecast for 2026? According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Hudbay Minerals is C$39.10, with a high forecast of C$46.00 and a low forecast of C$32.50. Should I buy or sell Hudbay Minerals stock right now? 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hudbay Minerals in the last year. There is currently 1 hold rating, 10 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HBM shares. Does Hudbay Minerals's stock price have much upside? According to analysts, Hudbay Minerals's stock has a predicted upside of 16.20% based on their 12-month stock forecasts. What analysts cover Hudbay Minerals? Hudbay Minerals has been rated by research analysts at ATB Cormark Capital Markets, Bank of America, BMO Capital Markets, Canaccord Genuity Group, Canadian Imperial Bank of Commerce, Desjardins, Royal Bank Of Canada, and Scotiabank in the past 90 days. Do Wall Street analysts like Hudbay Minerals more than its competitors? Analysts like Hudbay Minerals more than other "basic materials" companies. The consensus rating for Hudbay Minerals is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how HBM compares to other companies. Stock Forecasts and Research Tools Related Companies Teck Resources Stock Forecast NexGen Energy Stock Forecast Ero Copper Stock Forecast Ivanhoe Electric Stock Forecast Lithium Americas Stock Forecast Avino Silver & Gold Mines Stock Forecast GoGold Resources Stock Forecast Western Copper and Gold Stock Forecast Galiano Gold Stock Forecast EMX Royalty Stock Forecast Today's Analyst Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top-Rated Stocks Top Rated Stocks Top-Rated Dividend Stocks Top-Rated Small-Cap Stocks Top-Rated Tech Stocks Most-Upgraded Stocks Most-Downgraded Stocks Lowest-Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter Brokerages With Hudbay Minerals RecommendationsCanaccord Genuity GroupBMO Capital MarketsCanadian Imperial Bank of CommerceRoyal Bank Of CanadaDesjardinsBank of AmericaScotiabankATB Cormark Capital MarketsStifel NicolausCitigroupNational Bank FinancialRaymond James FinancialTD SecuritiesJefferies Financial GroupUBS Group This page (TSE:HBM) was last updated on 5/21/2026 by MarketBeat.com Staff. 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