Southern Copper Corporation stock highlights Q2 growth as targets trail price

Published on 10/05/2026 at 22:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Southern Copper Corporation stock was last at USD 205.29 on October 5, 2026, while the consensus target was USD 146.84. Q2 sales rose 40.6 percent to USD 4.29 billion.

SCCO, US84265V1052, Illustration mit AI erstellt.

Southern Copper Corporation stock (ISIN US84265V1052) was last at USD 205.29 on the NYSE on October 5, 2026, at 4:00 p.m. ET, down 0.12 percent from the prior close. The valuation gap is central: a 15-analyst consensus carried a Reduce rating and an average 12-month price target of USD 146.84 on September 15, 2026.

Q2 sales rose 40.6 percent

Southern Copper generated USD 4.29 billion in Q2 2026 revenue, up 40.6 percent from the same quarter a year earlier, according to MarketBeat on September 15, 2026. Quarterly EPS was USD 1.99 against consensus of USD 1.93, a USD 0.06 beat, although revenue came in below the USD 4.37 billion estimate.

The Q2 result also showed operating leverage. In the earnings call carried by Yahoo Finance on July 22, 2026, management said adjusted EBITDA reached USD 2,956 million, up 60 percent from USD 1,791 million in Q2 2025, while the adjusted EBITDA margin rose to 67 percent from 59 percent.

Production remains the counter-factor

The same Q2 call showed a split operating picture. Copper production fell 3.5 percent year over year to 230,662 tons, including a 12 percent decline in Peru, while Mexican output increased 3.2 percent.

Management also described a higher full-year production plan of 917,000 tons of copper. The result leaves Southern Copper exposed to ore grades and operating performance even as higher metal prices lifted sales and earnings.

Analyst target trails the stock

The consensus breakdown published by MarketBeat on September 15, 2026, included seven Sell ratings, five Holds and three Buys. The average target of USD 146.84 stood below the October 5 stock price of USD 205.29, making valuation the clearest counterweight to the Q2 growth figures.

Southern Copper's market capitalization was USD 171.3 billion on October 5, 2026. Its 52-week range was USD 115.74 to USD 221.24, placing the latest price USD 15.95 below the high.

Southern Copper stock stays near its yearly high

Southern Copper Corporation stock was last at USD 205.29 on the NYSE on October 5, 2026, at 4:00 p.m. ET, with volume of 919,477 shares and a daily change of minus 0.12 percent.