Southern Copper Corporation
NYSE: SCCO · BASIC MATERIALS · COPPER
Updated 2026-04-30
Southern Copper Corporation (SCCO) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Price target summary
Management guidance
Southern Copper announced a $19.9 billion investment plan over the next decade targeting copper production of approximately 1.6 million tons annually by 2035. The company is proceeding with the Tía María project (expected operation in 2027, producing 120,000 tons/year of copper cathodes) and has designated Peru's backing for this $1.8 billion project as a near-term catalyst.
Revenue & price projection
Financial forecast — research-backed
| Metric | 2023 | 2024 | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.9B | $11.4B | $13.4B | $15.7B | $15.8B | $16.9B | $18.4B | $20.1B |
| Revenue growth | — | 15.5% | 17.4% | 16.8% | 1.1% | 7.0% | 8.9% | 9.2% |
| EPS | $3.19 | $4.10 | $5.26 | $6.63 | $6.35 | $6.85 | $7.55 | $8.35 |
| P/S ratio | — | — | — | 12.0x | 12.0x | 12.0x | 12.0x | 12.0x |
| Implied price | — | — | — | $231.18 | $231.18 | $248.96 | $266.75 | $284.53 |
Catalysts & risks
Methodology
Southern Copper Corporation's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 11 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.
WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.