Zacks rates Agnico Eagle Mines stock Hold as estimates rise
Published on 10/08/2026 at 16:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Zacks assigned Agnico Eagle Mines a Rank #3 Hold on October 8, 2026, while its current-quarter earnings estimate rose 13.40 percent year over year.
- Agnico Eagle Mines stock was at EUR 163.60 at Lang & Schwarz on October 8, 2026 at 4:31 p.m. CEST, plus 1.71 percent versus EUR 160.85.
- Second-quarter net income reached USD 1.6 billion, while the Barnat incident reduced Canadian Malartic production plans for the second half of 2026.
Agnico Eagle Mines Limited (CA0084741085) was at EUR 163.60 at Lang & Schwarz on October 8, 2026 at 4:31 p.m. CEST, up 1.71 percent from EUR 160.85. Yahoo Finance reported on October 8, 2026 that Zacks assigned the company Rank #3 Hold, with the current-quarter earnings estimate up 13.40 percent from a year earlier.
Three events shape the picture
On July 2, 2026, a rock mass movement at the Barnat pit at Canadian Malartic made about 370,000 ounces inaccessible, according to Fidelity. The event put pressure on the mine's production profile while Agnico Eagle retained a full-year production range of 3.30 million to 3.50 million ounces.
On July 29, 2026, second-quarter net income reached USD 1.60 billion, or USD 3.19 per share, while free cash flow reached USD 1.34 billion, according to Investing News Network. The company also returned USD 625.00 million to shareholders, creating a sharp contrast between record cash generation and the operational disruption at Canadian Malartic.
On October 8, 2026, Zacks placed Agnico Eagle at Rank #3 Hold. Its current-quarter consensus earnings estimate was USD 2.45 per share, 13.40 percent above the year-ago figure, while the current fiscal-year estimate was USD 11.46 per share, up 38.40 percent year over year, according to Yahoo Finance. That combination gives the stock a clear earnings-growth narrative, but the Canadian Malartic disruption remains the operational counterweight.
What dates matter next?
Agnico Eagle is scheduled to report third-quarter 2026 results on October 28, 2026, followed by a conference call on October 29, 2026, according to MarketBeat. The release will provide the next measured test of production, free cash flow and the Canadian Malartic recovery timeline.
Stock gains as estimates rise
The euro quote was EUR 163.60 at Lang & Schwarz on October 8, 2026 at 4:31 p.m. CEST, compared with a prior close of EUR 160.85. The move was positive, while the latest analyst framework still carries a Hold designation and the next results date is October 28, 2026.
Primary listing context places Agnico Eagle on the NYSE under AEM in USD, while the company also trades on the Toronto Stock Exchange. Its business is concentrated in gold mining across Canada, Mexico, Finland and Australia.
The further course of trading is shown by the continuously updated real-time quote of Agnico Eagle Mines stock.
Agnico Eagle Mines stock facts
- Company: Agnico Eagle Mines Limited
- ISIN: CA0084741085
- Ticker: AEM
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 8, 2026, 4:31 p.m. CEST: EUR 163.60
- Change versus prior close: plus 1.71 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 160.85
- Market capitalization: USD 93.0 billion as of October 8, 2026
- 52-week range: USD 134.38-255.24 as of October 8, 2026
- Sector / Industry: Basic Materials / Gold
- Index membership: S&P 500
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
