CIBC Raises its Price Target on Endeavour Silver Corp. (EXK) to C$25 and Keeps an Outperformer Rating

Endeavour Silver Corp. (NYSE:EXK) is included among the 11 Best Mining Stocks to Buy According to Wall Street.

On February 4, 2026, CIBC raised its price target on Endeavour Silver Corp. (NYSE:EXK) to C$25 from C$20 and kept an Outperformer rating. The update on Endeavour Silver Corp. (NYSE:EXK) came as part of a broader update across the precious metals group after the firm raised its gold price forecasts to $6,000 per ounce in 2026 and $6,500 in 2027, while also lifting copper assumptions. CIBC said the same demand drivers seen in 2025 are expected to remain in place in 2026, though geopolitical uncertainty remains elevated.

On January 19, 2026, BMO Capital analyst Kevin O’Halloran raised his price target on Endeavour Silver Corp. (NYSE:EXK) to C$17 from C$15.50 and kept an Outperform rating, even as the firm described the company’s 2026 guidance as “broadly negative,” citing production below forecast and higher costs. Earlier, on January 16, 2026, the company guided to 2026 silver production of 8.3 million to 8.9 million ounces from Terronera, Guanacevi, and Kolpa, with gold output of 46,000 to 48,000 ounces from Terronera and Guanacevi. Kolpa is expected to contribute 22,000 to 24,000 tonnes of lead, 16,000 to 18,000 tonnes of zinc, and 650 to 750 tonnes of copper, with the three mines together forecast to deliver 14.6 million to 15.6 million silver equivalent ounces.

Endeavour Silver Corp. (NYSE:EXK) is a silver-focused miner with operations spanning Mexico, Chile, Peru, and the United States, producing silver, gold, and a mix of base metals.

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