Silver Prices Surge Past $100 as Demand Soars
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4d ago
0mins
Source: Benzinga
- Price Surge: Silver prices surpassed $100 per ounce in early 2026, with analysts predicting a rise to $124 in the next 30 days, indicating strong market demand and investor confidence.
- Supply-Demand Imbalance: The silver market has faced global deficits for four consecutive years, with a cumulative shortfall of nearly 820 million ounces from 2021 to 2025, highlighting ongoing supply pressures.
- Industrial Demand Explosion: Nearly half of global silver consumption now stems from industrial applications, particularly in solar panels and electric vehicles, underscoring silver's growing importance as a strategic industrial commodity.
- Investment Opportunities: Silver mining companies like First Majestic, Endeavour, and Pan American have seen significant stock price increases of 45%, 46%, and 19% respectively in 2026, reflecting optimistic investor sentiment towards the silver market.
Analyst Views on AG
Wall Street analysts forecast AG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AG is 15.06 USD with a low forecast of 12.50 USD and a high forecast of 17.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
1 Buy
3 Hold
0 Sell
Hold
Current: 25.720
Low
12.50
Averages
15.06
High
17.50
Current: 25.720
Low
12.50
Averages
15.06
High
17.50
About AG
First Majestic Silver Corp. is a mining company. The Company is focused on silver and gold production in Mexico and the United States. It owns and operates approximately 350,000 hectares of land package, which include the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine, and a 70% joint venture interest in the Cerro Los Gatos Silver Mine as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, Mexico. The Santa Elena Silver/Gold Mine is located over 150 km northeast of the city of Hermosillo, Sonora, Mexico. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon. The Cerro Los Gatos Mine is located around 120 kms south of Chihuahua City, Mexico.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
