Southern Copper stock trades at USD 201.22 with 40.6 percent growth

Published on 09/25/2026 at 16:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Southern Copper stock reported Q2 net income of USD 1.670 billion, up 71.6 percent year over year. Copper guidance rose to 917,000 tonnes from 910,000.

SCCO, US84265V1052, Illustration mit AI erstellt.

Southern Copper stock (ISIN US84265V1052) was trading at USD 201.22 on the NYSE on September 25, 2026, at 10:03 a.m. ET. The price was down USD 0.36, or 0.18 percent, from the prior close, while the latest quarterly figures show sharply higher earnings and revenue.

Revenue reached USD 4.289 billion

Southern Copper reported Q2 2026 sales of USD 4.289 billion, an increase of 40.6 percent from the same quarter a year earlier, according to Metal.com on August 28, 2026. First-half sales reached USD 8.54 billion, up 38.4 percent year over year, giving the revenue trend a broader base than the quarterly result alone.

The earnings conversion was even stronger. Q2 net income reached USD 1.670 billion, up 71.6 percent year over year, while the net margin was 39 percent, according to Metal.com.

Guidance rises despite lower output

Southern Copper produced 230,662 tonnes of copper in Q2 2026, down 3.5 percent from the previous quarter. First-half output totaled 461,206 tonnes, down 3.8 percent year over year, yet the company raised its 2026 copper production guidance to 917,000 tonnes from 910,000 tonnes, as reported by Metal.com.

That combination points to a price-led earnings profile. The same report put the average copper price at USD 6.04 per pound, up 30 percent, helping explain why earnings growth outpaced production growth.

Analyst target stays below the stock

MarketBeat reported on September 22, 2026, that the consensus rating was Reduce, based on three Buy ratings, five Hold ratings and seven Sell ratings. Its average price target was USD 146.84, according to MarketBeat.

The latest quarter also delivered adjusted EPS of USD 1.99 against a consensus estimate of USD 1.93, a USD 0.06 beat, while revenue came in below the USD 4.37 billion expectation, the publication said. The contrast is important: operating profitability improved quickly, but valuation and production execution remain key counterweights.

Stock remains below its yearly high

SCCO was trading at USD 201.22 on the NYSE on September 25, 2026, at 10:03 a.m. ET. Its 52-week range was USD 112.59 to USD 221.24, and its market capitalization was USD 167,884,225,881 on the same date.