BVN, US2044481040

Morgan Stanley raises target for Buenaventura stock

Published on 10/08/2026 at 21:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley set a USD 39.00 target on October 7, 2026. Buenaventura stock costs EUR 28.20 after EUR 27.80, plus 1.44 percent.

Key points in brief

Morgan Stanley raised its Buenaventura target from USD 33.00 to USD 39.00 on October 7, 2026.
Q2 2026 revenue reached USD 529.00 million, while net income rose 165.00 percent year over year to USD 261.00 million.
BVN was trading at EUR 28.20 at Lang & Schwarz on October 8, 2026 at 9:14 p.m. CEST, plus 1.44 percent versus EUR 27.80.
The next listed company dates are quarterly results on November 4, 2026 and Investor Day on November 10, 2026.

BVN, US2044481040, Illustration mit AI erstellt.

Buenaventura stock (ISIN US2044481040) was trading at EUR 28.20 in after-hours trading at Lang & Schwarz on October 8, 2026 at 9:14 p.m. CEST, up 1.44 percent from the EUR 27.80 prior close. The immediate company catalyst is Morgan Stanley's target increase from USD 33.00 to USD 39.00, announced on October 7, 2026, while the bank kept its Overweight rating, according to Markets Insider.

Three dated milestones shape the story

On February 26, 2026, Buenaventura reported fiscal 2025 revenue of USD 1.732 billion and net income of USD 782.00 million, according to Zonebourse. On July 30, 2026, second-quarter revenue reached USD 529.00 million and quarterly net income reached USD 261.00 million, the same calendar source shows. On October 7, 2026, Morgan Stanley lifted its target by USD 6.00 to USD 39.00, according to Markets Insider.

What does the target change mean?

The latest operating figures explain why the analyst action matters. In the second quarter of 2026, revenue increased 43.00 percent year over year to USD 529.00 million, while net income rose 165.00 percent year over year to USD 261.00 million, according to Plutux. The same transcript reported EBITDA from direct operations of USD 277.00 million and an EBITDA margin expansion from 35.00 percent to 52.00 percent, giving the target revision a stronger earnings backdrop than a price move alone.

Management also highlighted operational milestones in the second quarter. Gold production increased 12.00 percent year over year to 30.10 thousand ounces, silver production rose 2.00 percent to 3.60 million ounces and copper production increased 2.00 percent to 13.50 thousand tons, according to Plutux. San Gabriel contributed 2.80 thousand ounces of gold during the quarter, while Yumpag received approval to increase throughput from 1,000 to 1,200 tons per day.

Two dates define the next steps

Buenaventura's next listed dates are quarterly results on November 4, 2026 and an Analyst and Investor Day on November 10, 2026, according to Investing.com and Zonebourse. Those dates give investors two upcoming checkpoints for production progress, cash generation and the San Gabriel ramp-up.

EUR 28.20 after-hours quote

On the NYSE, BVN was last at USD 31.55 on October 8, 2026 at 3:22 p.m. ET. The Lang & Schwarz price of EUR 28.20 stood 36.91 percent below the USD 44.67 52-week high only as a separate currency context is avoided; the euro quote is measured against its EUR 27.80 prior close and remains the reference price for German investors.

The further course of trading is shown by the continuously updated real-time quote of Buenaventura stock.