What's Happening?
B. Riley has revised its Q2 2026 earnings per share (EPS) forecast for Endeavour Silver, lowering it from $0.12 to $0.10. Despite the adjustment, B. Riley maintains a 'Buy' rating with a price objective of $11.00. Other analysts have varied opinions,
with some upgrading the stock to 'sector outperform' and others maintaining a 'sell' rating. Endeavour Silver's stock performance has been volatile, with a recent trading price of $7.72 and a market cap of $2.27 billion.
Why It's Important?
The revision of earnings forecasts can impact investor confidence and stock prices. Endeavour Silver's performance is crucial for stakeholders, including institutional investors and hedge funds, who hold significant shares. The company's ability to meet or exceed these forecasts can influence its market reputation and future investment potential. Analysts' ratings and price targets provide guidance for investors, affecting buying and selling decisions in the stock market.
