MarketBeat reports a Reduce rating for Southern Copper stock

Published on 10/01/2026 at 14:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MarketBeat lists a Reduce consensus and USD 146.84 target. Southern Copper stock costs EUR 178.68 on October 1, 2026 after EUR 178.68.

SCCO, US84265V1052, Illustration mit AI erstellt.

Southern Copper (ISIN US84265V1052) was trading at EUR 178.68 at Lang & Schwarz on October 1, 2026 at 1:47 p.m. CEST, unchanged from the EUR 178.68 prior close dated September 30, 2026. The stock's latest debate combines strong second-quarter profitability with a cautious analyst consensus: MarketBeat reported on September 22, 2026 that analysts carried a Reduce consensus and an average USD 146.84 price target.

Q2 revenue reaches USD 4.29 billion

Southern Copper's second-quarter 2026 revenue reached USD 4.289 billion, up from USD 3.051 billion in the second quarter of 2025. Simply Wall St reported on September 30, 2026 that net income also rose from USD 973.4 million to USD 1.670 billion, while net margin widened from 31.9 percent to 38.9 percent. The comparison gives the stock a clear operating counterweight to valuation concerns.

Profit beats consensus while revenue misses

MarketBeat reported that Southern Copper delivered USD 1.99 adjusted earnings per share for the quarter ended June 30, 2026, above the USD 1.93 consensus estimate by USD 0.06. Revenue of USD 4.29 billion was below the USD 4.37 billion analyst estimate, showing that profitability rather than sales alone drove the result. The company also raised its quarterly dividend to USD 1.10 from USD 1.00, equivalent to USD 4.40 on an annualized basis.

October reporting date sets the next test

Zacks expects Southern Copper's next earnings release on October 27, 2026, with consensus earnings per share of USD 2.00 for the quarter ending in September 2026. That forecast places the upcoming report against the latest USD 1.99 quarterly result and keeps the earnings comparison central to the stock's valuation discussion.

Euro quote remains unchanged

Southern Copper's market capitalization was USD 169.1 billion as of September 30, 2026. At Lang & Schwarz, the stock was trading at EUR 178.68 on October 1, 2026 at 1:47 p.m. CEST, unchanged at 0.00 percent versus the EUR 178.68 prior close of September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Southern Copper stock.