10 Best Copper Stocks to Buy According to Wall Street Analysts

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1. Ivanhoe Electric Inc. (NYSEAMERICAN:IE)

Number of Hedge Fund Holders: 13

Upside potential: 148.96%

A U.S.-based mineral exploration and technology company, Ivanhoe Electric Inc. (NYSEAMERICAN:IE) is focused on critical metals, including copper and gold. The company targets electrification and renewable energy markets by leveraging geophysical imaging technologies in mineral development. The combination of proprietary technology and exploration offers a unique approach that allows the company to meet the competition in the market.

Ivanhoe Electric Inc. (NYSEAMERICAN:IE) has recently reported a quarterly loss of $0.19 per share against the anticipated loss of $0.24. On the other hand, the company posted a revenue of $1.33 million, surpassing the estimates by 77.60%. Even so, the Santa Cruz Copper Project in Arizona has gained a positive outlook since the company holds a 100% interest in the project. Ivanhoe Electric is set to deliver a completed PFS for the Santa Cruz Copper Project before the end of Q2 2025. The company has also announced its intention to stabilize its financial position through a $50 million underwritten public offering.

Ivanhoe Electric Inc. (NYSEAMERICAN:IE) is backed by 13 hedge funds from the Insider Monkey database as of Q4 2024, making it one of the best copper stocks with the least institutional interest on our list. However, it takes the leading position against other copper stocks in our list because of its upside potential of 148.96%, the highest in this set.

Overall, Ivanhoe Electric Inc. (NYSEAMERICAN:IE) ranks first on our list of the best copper stocks to buy according to Wall Street analysts. While we acknowledge the potential for IE as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than IE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks To Invest In According to Billionaires.

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