Franco-Nevada (FNV) Buy Rating Backed by Strong Revenue Growth

Franco-Nevada Corporation (NYSE:FNV) ranks among the most profitable Canadian Stocks to buy now. On March 12, H.C. Wainwright increased its price target for Franco-Nevada Corporation (NYSE:FNV) to $305 from $285, while keeping a Buy rating on the company’s shares.

The company generated $1.9 billion in revenue for the year, resulting in a net income of $1.1 billion. The company profited from high production at major properties such as Antamina and Antapaccay.

Franco-Nevada Corporation (NYSE:FNV) issued a positive outlook for the coming quarters, with FY2026 EPS expectations ranging from $1.67 to $1.75 each quarter and annual sales projections of $2.77 billion.

The mining company expects total GEOs of 510,000 to 570,000 in 2026, representing a 4% rise at the midpoint from the reported amount in 2025. Cote Gold, Porcupine, and Valentine Gold will make an impact for the first full year, driving the upside. Salares Norte and Greenstone’s continuous expansion, as well as recent acquisitions, will also help to drive growth.

Franco-Nevada Corporation (NYSE:FNV) is a Canadian mining company that specializes in gold royalties and streaming. The company’s business model is built on royalties and streams from mining activities, which provide stable, predictable revenue.

While we acknowledge the risk and potential of FNV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FNV and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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