AG is a good buy right now for a beginner with a long-term horizon and $50,000-$100,000 to invest. My view is a clear buy, not a wait-and-see. The stock is showing constructive technical momentum, strong analyst support, positive hedge-fund accumulation, and silver/mining catalysts that can play out over time. While near-term earnings may be uneven, the long-term setup is favorable enough to justify entering now.
The current trend is mildly bullish. Price closed at 21.51, above the previous close of 21.18, with positive regular-session and post-market movement. MACD histogram is above zero and expanding, which supports upward momentum. RSI at 66.635 is elevated but still not in an overbought extreme, so momentum remains intact. Moving averages are converging, suggesting a transition phase rather than a clean breakout, but price is holding above the pivot at 20.616. Immediate resistance is 22.259, then 23.273, while support sits at 18.974 and 17.96. Overall, the chart favors gradual upside continuation over deterioration.

["BMO upgraded the stock to Outperform and said valuation looks attractive.", "H.C. Wainwright raised its price target to $30 and kept a Buy rating.", "Hedge funds are buying aggressively, with a very large quarterly increase in buying activity.", "Silver-focused business model can benefit from strong bullion prices.", "Upcoming QMAR 2026 earnings on 2026-05-12 could reinforce the growth story if results hold up.", "News flow in the broader silver space remains supportive of exploration and resource expansion themes."]
["Net income and EPS declined sharply year over year in the latest quarter despite strong revenue growth.", "RSI is nearing the upper end of neutral, so short-term upside may be more gradual.", "No strong insider buying signal is present; insider activity is neutral.", "No recent congress trading data is available to add conviction.", "No AI Stock Picker or SwingMax signal is present today."]
In Q4 2025, First Majestic showed strong top-line growth with revenue rising to 463.9 million, up 169.20% YoY. Gross margin improved to 51.26%, which is a strong sign of operating strength. However, net income fell to 83.1 million and EPS dropped to 0.17, both weaker year over year, so earnings quality was mixed. The latest quarter season is Q4 2025, and the company appears to be growing revenue and margins faster than bottom-line consistency.
Analyst sentiment is positive and improving. On 2026-03-24, BMO Capital upgraded First Majestic to Outperform from Market Perform with a C$35 target, citing attractive valuation and 2026 catalysts. On 2026-02-20, H.C. Wainwright lifted its target to $30 from $24.50 and maintained a Buy rating after strong 2025 results. Wall Street’s pro case is centered on discounted valuation, silver leverage, and upcoming operational catalysts. The con case is that earnings remain somewhat uneven, so the stock depends partly on continued operational execution and silver strength.