Should I Buy AG? AG 2026 Analysis

Should You Buy First Majestic Silver Corp (AG) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

25.170

1 Day change

-4.04%

52 Week Range

27.900

Analysis Updated At

2026/01/28

AG is NOT a good buy right now for a beginner, long-term investor who wants to enter immediately. The stock is in a strong uptrend but is extremely overbought (RSI~91) and sitting near resistance (~26.61) while trading ABOVE the latest raised Wall Street price targets ($23–$24.50). With no Intellectia buy signals today and short-term pattern stats pointing to a higher probability of a pullback over the next month, the risk/reward for buying at today’s pre-market level (~25.82) is unfavorable. Best action now: HOLD (do not initiate a new long at this price).

Technical Analysis

Trend: Bullish. Moving averages are stacked bullish (SMA_5 > SMA_20 > SMA_200), confirming strong upward momentum. Momentum/Exhaustion: RSI_6 = 91.19 (extremely overbought), which often precedes consolidation or pullbacks rather than clean upside continuation. MACD: Histogram is positive (0.561) but contracting, suggesting bullish momentum is still present but slowing. Key levels: Pivot ~23.21 (important near-term support). Resistance R1 ~26.61 (price is approaching this), then R2 ~28.70. Quant pattern read: Similar candlestick-pattern stats imply ~-12.1% over the next month, aligning with an overbought mean-reversion risk. Intellectia Proprietary Trading Signals **Intellectia Proprietary Trading Signals** - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock recently.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Sentiment: Bullish skew. Put/Call ratios are low (OI PCR=0.5; Volume PCR=0.23), indicating more call positioning than puts. Positioning/Activity: Total OI is large (calls 636,244 vs puts 317,770). Today’s option volume (25,443) is below recent averages (vs 5D/10D avg ~38k/46k), suggesting sentiment is bullish but not driven by a fresh volume surge today. Volatility: IV is elevated (30D IV ~73.25; IV percentile 86), meaning options are pricing big moves; this often coincides with crowded trades and higher pullback risk after strong runs.

Technical Summary

Sell

Buy

Positive Catalysts

Strong silver macro narrative in recent news: silver reportedly >$100/oz, multi-year supply deficit, and rising industrial demand (solar/EV) supporting long-term metals strength.
Sector backdrop: Analysts cite higher gold/silver forecasts driven by economic/geopolitical uncertainty and central bank buying.
Flow/support: Hedge funds are reported as buying aggressively (buying amount up ~7441.77% over last quarter).
Upcoming event: Q4/Dec 2025 earnings on 2026-02-24 (pre-market) could be a catalyst if margins/costs surprise positively.

Neutral/Negative Catalysts

Price stretched/overbought: RSI ~91 and MACD momentum contracting increases near-term pullback odds.
Wall Street target mismatch: Recent raised targets ($23–$24.
are still below the current price (~25.8), implying limited upside support from sell-side models at this level.
Elevated implied volatility: IV percentile 86 suggests the market expects large swings; after a sharp run, this can coincide with sharp reversals.
Company profitability trend (latest reported quarter): Net income and EPS declined sharply YoY despite higher revenue, which may re-rate the stock lower if costs/one-time items persist.

Financial Performance

Latest provided quarter: 2025/Q3. - Revenue: $285.1M, up +95.13% YoY (strong top-line growth). - Gross margin: 36.5, up +86.99% YoY (improving production economics at the gross level). - Net income: $27.0M, down -201.45% YoY. - EPS: $0.05, down -155.56% YoY. Bottom line: Strong revenue and margin expansion, but earnings/EPS deterioration indicates profitability volatility (costs/charges/taxes/other items likely weighed), which is a meaningful risk when buying after a big run-up.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent trend: Analysts have become more constructive via sharp price-target increases in January 2026. - 2026-01-26 Scotiabank: PT raised to $23 from $12.50; rating remains Sector Perform. - 2026-01-16 H.C. Wainwright: PT raised to $24.50 from $17.50; rating remains Buy. Wall Street pros view (pros/cons): Pros: Higher precious metals price decks and supportive macro backdrop; production update prompted a more bullish valuation view. Cons: Even after raises, targets are below the current trading level (~25.8), implying the stock has likely moved ahead of consensus valuation in the near term. Influential/political trading: No recent congress trading data available; insiders are reported neutral with no significant recent trend.

4 Analyst Rating

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 12.5 USD and a high forecast of 17.5 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.

1 Buy

3 Hold

0 Sell

Hold

Current: 26.230

Low

12.5

Averages

15.06

High

17.5

Current: 26.230

Low

12.5

Averages

15.06

High

17.5

Scotiabank

Sector Perform

upgrade

$23

AI Analysis

2026-01-26

New

Reason

Scotiabank

Price Target

$23

AI Analysis

2026-01-26

New

upgrade

Sector Perform

Reason

Scotiabank raised the firm's price target on First Majestic to $23 from $12.50 and keeps a Sector Perform rating on the shares. The firm is updating its price targets for Gold & Precious Minerals stocks under its coverage, the analyst tells investors. The firm has increased both gold and silver forecasts, supported by economic and geopolitical uncertainty as well as strong central bank buying.

H.C. Wainwright

NULL -> Buy

upgrade

2026-01-16

Reason

H.C. Wainwright

Price Target

2026-01-16

upgrade

NULL -> Buy

Reason

H.C. Wainwright raised the firm's price target on First Majestic to $24.50 from $17.50 and keeps a Buy rating on the shares after the company released its year-end production results.

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AG Should I Buy

AG Should I Buy

Should You Buy First Majestic Silver Corp (AG) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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