Denison Mines Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Denison Mines stock have an average target of 3.00, with a low estimate of 2.75 and a high estimate of 3.25. The average target predicts an increase of 43.54% from the current stock price of 2.09.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$2.75	$3.00	$3.25	$3.25
Change	+31.58%	+43.54%	+55.50%	+55.50%

Analyst Ratings

The average analyst rating for Denison Mines stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joe Reagor Roth MKM	Roth MKM	Strong Buy Reiterates $2.6 → $2.75	Strong Buy	Reiterates	$2.6 → $2.75	+31.58%	Oct 23, 2024
Bryce Adams CIBC	CIBC	Buy Initiates $3.25	Buy	Initiates	$3.25	+55.50%	Sep 26, 2024
Joe Reagor Roth MKM	Roth MKM	Strong Buy Initiates $2.6	Strong Buy	Initiates	$2.6	+24.40%	Jun 27, 2024
Craig Hutchison TD Securities	TD Securities	Buy Maintains $2.25 → $2.5	Buy	Maintains	$2.25 → $2.5	+19.62%	Jun 27, 2023
Craig Hutchison TD Securities	TD Securities	Buy Initiates $2.25	Buy	Initiates	$2.25	+7.66%	Aug 24, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

5.91M

from 1.86M

218.60%

from 1.86M

Revenue Next Year

18.45M

from 5.91M

212.20%

from 5.91M

EPS This Year

-0.07

from 0.10

EPS Next Year

-0.04

from -0.07

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	15.55M	14.42M	20.00M	8.97M	1.86M	5.91M	18.45M	13.60M
Revenue Growth	-0.01%	-7.24%	38.67%	-55.14%	-79.33%	218.60%	212.20%	-26.32%
EPS	-0.03	-0.03	0.02	0.02	0.10	-0.07	-0.04	-0.03
EPS Growth	-	-	-	-12.36%	477.26%	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	7	7	5

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	13.1M	35.8M	24.2M
Avg	5.9M	18.5M	13.6M
Low	3.9M	4.9M	4.9M

Revenue Growth

Revenue Growth	2024	2025	2026
High	607.5%	505.8%	30.9%
Avg	218.6%	212.2%	-26.3%
Low	111.3%	-17.1%	-73.4%

EPS Forecast

EPS	2024	2025	2026
High	-0.06	-0.03	-0.02
Avg	-0.07	-0.04	-0.03
Low	-0.09	-0.05	-0.04

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

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.