UBS raises target for Southern Copper stock to USD 180

Published on 10/09/2026 at 15:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 4.29 billion, up 40.60 percent year over year. Southern Copper stock costs EUR 182.10 on October 9, 2026.

Key points in brief

UBS raised its Southern Copper price target from USD 160 to USD 180 on October 8, 2026 while maintaining a Sell rating.
Second-quarter revenue reached USD 4.29 billion, up 40.60 percent year over year, while copper output fell 3.50 percent.
Southern Copper stock was trading at EUR 182.10 at Lang & Schwarz on October 9, 2026, plus 2.71 percent versus the prior close.

SCCO, US84265V1052, Illustration mit AI erstellt.

UBS raised its Southern Copper price target from USD 160 to USD 180 on October 8, 2026, while maintaining a Sell rating, according to GuruFocus. Southern Copper stock was trading at EUR 182.10 at Lang & Schwarz on October 9, 2026.

What does the target hike mean?

The UBS move lifted the target by 12.50 percent, but the unchanged Sell rating keeps valuation at the center of the debate. The target remains below the latest NYSE quote of USD 203.10 at 1:30 p.m. ET on October 9, 2026, while the USD 115.74 to USD 221.24 52-week range places the share near its yearly high.

That cautious contrast matters because Southern Copper delivered strong reported growth in the second quarter of 2026. According to Drillr, revenue rose 40.60 percent year over year to USD 4.289 billion, operating income increased 65.30 percent to USD 2.623 billion, and net income reached USD 1.670 billion.

Three dated catalysts

On July 22, 2026, Southern Copper reported second-quarter revenue of USD 4.289 billion. On July 22, 2026, management set full-year copper production guidance at 917,000 tons. On October 8, 2026, UBS raised its target from USD 160 to USD 180 while keeping its Sell rating, according to GuruFocus.

Next reporting date

Drillr lists October 27, 2026 as the date for Southern Copper's third-quarter earnings call. Its preview puts third-quarter consensus at USD 1.87 in earnings per share and USD 4.240 billion in revenue, compared with USD 2.01 and USD 4.289 billion in the second quarter.

Stock trades near its yearly high

Southern Copper's latest euro quote was EUR 182.10 at Lang & Schwarz at 3:30 p.m. CEST on October 9, 2026, up 2.71 percent versus the prior close of EUR 177.30. The same session's primary-market quote was USD 203.10 on the NYSE at 1:30 p.m. ET, with a market capitalization of USD 169.5 billion.

Southern Copper Corporation is a copper producer with operations in Mexico and Peru. StockAnalysis identifies the company as NYSE-listed under ticker SCCO and confirms ISIN US84265V1052. The business also produces molybdenum, silver, zinc and other metals.

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