Barrick Mining Corporation (B)

Barrick Mining Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Barrick Mining stock have an average target of 47.5, which predicts a 132.16% increase from the current stock price of 20.46.

Price Target: $47.5 (+132.16%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$47.5	$47.5	$47.5	$47.5
Change	+132.16%	+132.16%	+132.16%	+132.16%

* Price targets were last updated on Oct 8, 2024.

Analyst Ratings

The average analyst rating for Barrick Mining stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	0
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Ciarmoli Truist Securities	Truist Securities	Hold Maintains $38 → $48	Hold	Maintains	$38 → $48	+132.16%	Oct 8, 2024
Matt Summerville DA Davidson	DA Davidson	Strong Buy → Hold Downgrades $52 → $48	Strong Buy → Hold	Downgrades	$52 → $48	+132.16%	Oct 7, 2024
Michael Ciarmoli Truist Securities	Truist Securities	Hold Maintains $34 → $38	Hold	Maintains	$34 → $38	+85.73%	Jul 29, 2024
Matt Summerville DA Davidson	DA Davidson	Strong Buy Maintains $48 → $52	Strong Buy	Maintains	$48 → $52	+154.15%	Jul 29, 2024
Christopher Glynn Oppenheimer	Oppenheimer	Buy Maintains $43 → $48	Buy	Maintains	$43 → $48	+134.60%	Jun 14, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

14.90B

Increased by 15.30%

from 12.92B

Revenue Next Year

16.26B

Increased by 9.10%

from 14.90B

EPS This Year

1.62

Increased by 32.91%

from 1.22

EPS Next Year

1.87

Increased by 15.41%

from 1.62

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	12.60B	11.99B	11.01B	11.40B	12.92B	14.90B	16.26B	17.02B
Revenue Growth	29.62%	-4.84%	-8.11%	3.49%	13.38%	15.30%	9.10%	4.69%
EPS	1.31	1.14	0.24	0.72	1.22	1.62	1.87	1.91
EPS Growth	-42.11%	-13.04%	-78.88%	200.00%	69.44%	32.91%	15.41%	1.88%
Forward PE	-	-	-	-	-	12.62	10.93	10.73
No. Analysts	-	-	-	-	-	18	15	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	18.4B	19.7B	21.3B
Avg	14.9B	16.3B	17.0B
Low	12.6B	10.9B	12.8B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	42.7%	31.9%	31.1%
Avg	15.3%	9.1%	4.7%
Low	-2.1%	-26.7%	-21.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.06	2.58	2.93
Avg	1.62	1.87	1.91
Low	1.21	1.17	1.19

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	68.7%	59.3%	56.5%
Avg	32.9%	15.4%	1.9%
Low	-1.2%	-28.1%	-36.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.