Denison Mines Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Denison Mines stock has a consensus rating of "Strong Buy" and an average price target of $4.81. The average 1-year stock price forecast is 47.09% higher than the current stock price, while the lowest is $4.07 (+24.46%) and the highest is $5.54 (+69.42%).

Price Target: $4.81 (+47.09%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$4.07	$4.81	$4.81	$5.54
Change	+24.46%	+47.09%	+47.09%	+69.42%

Analyst Ratings

The average analyst rating for Denison Mines stock 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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	8	8	8	8	8	8
Buy	5	5	5	5	5	5
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	13	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Craig Hutchison TD Cowen	TD Cowen	Buy Maintains $4.59	Buy	Maintains	$4.59	+40.46%	Jun 12, 2026
Orest Wowkodaw Scotiabank	Scotiabank	Buy Maintains $4.24 → $5.3	Buy	Maintains	$4.24 → $5.3	+62.06%	May 14, 2026
Joseph Reagor Roth MKM	Roth MKM	Buy Maintains $4.25	Buy	Maintains	$4.25	+29.97%	May 14, 2026
Bryce Adams Desjardins	Desjardins	Buy Maintains $3.89 → $4.95	Buy	Maintains	$3.89 → $4.95	+51.26%	Feb 26, 2026
Unknown Analyst CIBC No rating	CIBC	Buy Maintains $2.65 → $4.59	Buy	Maintains	$2.65 → $4.59	+40.46%	Feb 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

21.19M

from 4.92M

330.81%

from 4.92M

Revenue Next Year

27.23M

from 21.19M

28.53%

from 21.19M

EPS This Year

-0.06

from -0.08

EPS Next Year

-0.06

from -0.06

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	20.00M	8.97M	1.86M	4.02M	4.92M	21.19M
Revenue Growth	38.67%	-55.14%	-79.33%	116.87%	22.25%	330.81%
Operating Income	-23.96M	-40.66M	-45.55M	-59.21M	-82.00M	-45.04M
Net Income	18.98M	14.35M	90.38M	-91.12M	-217.29M	-178.54M
EPS	-	-	-	-	-0.08	-0.06
Free Cash Flow	-2.10M	-17.68M	-17.69M	-15.99M	-78.10M	-259.16M
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2026	2027	2028
High	27.0M
Avg	21.2M
Low	15.7M

Revenue Growth

Revenue Growth	2026	2027	2028
High	449.0%
Avg	330.8%
Low	220.2%

EPS Forecast

EPS	2026	2027	2028
High	-0.05
Avg	-0.06
Low	-0.07

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-