DRDGOLD Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for DRDGOLD stock has a target of 13.25, which predicts an increase of 50.74% from the current stock price of 8.79.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$13.25	$13.25	$13.25	$13.25
Change	+50.74%	+50.74%	+50.74%	+50.74%

* Price targets were last updated on Oct 18, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for DRDGOLD is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
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	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $13	Strong Buy	Reiterates	$13	+50.74%	Oct 18, 2024
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $16 → $13	Strong Buy	Maintains	$16 → $13	+50.74%	Aug 22, 2024
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $13 → $16	Strong Buy	Maintains	$13 → $16	+76.34%	May 14, 2024
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $17 → $13	Strong Buy	Maintains	$17 → $13	+50.74%	Dec 13, 2023
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $15 → $17	Strong Buy	Maintains	$15 → $17	+93.40%	Aug 18, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

7.55B

from 6.24B

20.95%

from 6.24B

Revenue Next Year

7.51B

from 7.55B

-0.49%

from 7.55B

EPS This Year

1.65

from 15.35

-89.27%

from 15.35

EPS Next Year

1.60

from 1.65

-2.61%

from 1.65

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026
Revenue	4.19B	5.27B	5.12B	5.50B	6.24B	7.55B	7.51B
Revenue Growth	51.52%	25.90%	-2.86%	7.38%	13.53%	20.95%	-0.49%
EPS	8.10	16.72	13.06	14.82	15.35	1.65	1.60
EPS Growth	604.35%	106.42%	-21.89%	13.48%	3.58%	-89.27%	-2.61%
Forward PE	-	-	-	-	-	97.76	100.38
No. Analysts	-	-	-	-	-	3	3

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

Revenue Forecast

Revenue	2025	2026
High	7.8B	7.8B
Avg	7.5B	7.5B
Low	7.3B	7.3B

Revenue Growth

Revenue Growth	2025	2026
High	25.7%	3.5%
Avg	21.0%	-0.5%
Low	17.4%	-3.4%

EPS Forecast

EPS	2025	2026
High	2.09	2.29
Avg	1.65	1.60
Low	1.24	0.98

EPS Growth

EPS Growth	2025	2026
High	-86.4%	39.0%
Avg	-89.3%	-2.6%
Low	-91.9%	-40.8%

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.