Need To Know: Analysts Are Much More Bullish On Southern Copper Corporation (NYSE:SCCO)
Celebrations may be in order for Southern Copper Corporation ( NYSE:SCCO ) shareholders, with the analysts delivering a...
Celebrations may be in order for Southern Copper Corporation (NYSE:SCCO) shareholders, with the analysts delivering a significant upgrade to their statutory estimates for the company. Consensus estimates suggest investors could expect greatly increased statutory revenues and earnings per share, with analysts modelling a real improvement in business performance. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Following the upgrade, the latest consensus from Southern Copper's twelve analysts is for revenues of US$16b in 2026, which would reflect a notable 17% improvement in sales compared to the last 12 months.
Per-share earnings are expected to shoot up 38% to US$7.31. Previously, the analysts had been modelling revenues of US$14b and earnings per share (EPS) of US$6.02 in 2026. So we can see there's been a pretty clear increase in analyst sentiment in recent times, with both revenues and earnings per share receiving a decent lift in the latest estimates. View our latest analysis for Southern Copper NYSE:SCCO Earnings and Revenue Growth February 2nd 2026 With these upgrades, we're not surprised to see that the analysts have lifted their price target 7.8% to US$149 per share. One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing.
It's clear from the latest estimates that Southern Copper's rate of growth is expected to accelerate meaningfully, with the forecast 17% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 5.5% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 9.3% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Southern Copper to grow faster than the wider industry. The Bottom Line The biggest takeaway for us from these new estimates is that analysts upgraded their earnings per share estimates, with improved earnings power expected for this year.
They also upgraded their revenue estimates for this year, and sales are expected to grow faster than the wider market. Given that the consensus looks almost universally bullish, with a substantial increase to forecasts and a higher price target, Southern Copper could be worth investigating further. Still, the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Southern Copper going out to 2028, and you can see them free on our platform here.. Story Continues Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies backed by insiders.
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