UBS keeps Sell rating for Southern Copper stock

Published on 10/15/2026 at 10:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS lifted its target to USD 180 on October 8, 2026. Southern Copper stock costs EUR 175.45 on October 15, 2026, at USD 169.4 billion value.

Copper output shapes next test

UBS kept a Sell rating and lifted its target to USD 180 on October 8, 2026.
Southern Copper reported USD 4.29 billion in second-quarter 2026 revenue, up 40.60 percent year over year.
Southern Copper stock traded at EUR 175.45 at 10:11 a.m. CEST at Lang & Schwarz on October 15, 2026.

SCCO, US84265V1052, Illustration mit AI erstellt.

Southern Copper Corporation (ISIN US84265V1052) traded at EUR 175.45 at Lang & Schwarz on October 15, 2026, at 10:11 a.m. CEST. The latest analyst action came from UBS, which kept its Sell rating and lifted its Southern Copper target from USD 160 to USD 180 on October 8, 2026, according to Markets Insider.

Three dated signals for SCCO

The earnings backdrop remains powerful. In the second quarter of 2026, Southern Copper generated USD 4.289 billion in revenue, up 40.60 percent from the second quarter of 2025, while net income reached USD 1.670 billion, up 72.00 percent year over year, according to Yahoo Finance. The adjusted EBITDA margin was 67.00 percent, compared with 59.00 percent one year earlier.

The chronology shows why the upcoming report matters. On July 22, 2026, the company discussed second-quarter sales of USD 4.3 billion and net income of USD 1.670 billion in its earnings call. On October 6, 2026, Wells Fargo raised its price target from USD 172 to USD 190 while maintaining an Equal Weight rating, as reported by The Globe and Mail. On October 8, 2026, UBS raised its target from USD 160 to USD 180 while retaining Sell, according to Markets Insider.

What does the next report test?

The central test is whether higher metal prices can offset weaker mine output. Copper production fell 3.50 percent year over year to 230,662 tons in the second quarter of 2026, while management raised its 2026 copper production expectation to 917,000 tons, according to Yahoo Finance. That contrast leaves operating execution as the key counterweight to the strong revenue and profit growth.

Upcoming dates carry the catalyst

MarketBeat lists October 27, 2026, as the estimated date for Southern Copper's third-quarter 2026 results, with the conference call scheduled for October 28, 2026, at 11:00 a.m. ET. Its consensus calls for USD 1.96 in earnings per share and USD 4.46 billion in revenue, according to MarketBeat.

Valuation stays the counterweight

Southern Copper's market capitalization was USD 169.4 billion on October 14, 2026, while its 52-week range was USD 115.74 to USD 221.24. The gap between upgraded targets and the current valuation keeps the October reporting dates central to the stock's next assessment.

Stock price and company profile

Southern Copper was trading at EUR 175.45 at Lang & Schwarz on October 15, 2026, at 10:11 a.m. CEST. The company is listed on the NYSE under SCCO and operates copper mines, smelters and refineries in Mexico and Peru.

The further course of trading is shown by the continuously updated real-time quote of Southern Copper stock.