Eldorado Gold Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Eldorado Gold stock have an average target of 17.5, with a low estimate of 9.50 and a high estimate of 22.5. The average target predicts an increase of 6.45% from the current stock price of 16.44.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$9.50	$17.5	$20	$22.5
Change	-42.21%	+6.45%	+21.65%	+36.86%

Analyst Ratings

The average analyst rating for Eldorado Gold stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	2	2	2
Hold	2	2	2	3	3	3
Sell	2	2	2	1	1	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	6	6	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Cosmos Chiu CIBC	CIBC	Buy Maintains $18 → $23	Buy	Maintains	$18 → $23	+36.86%	Jul 10, 2024
Josh Wolfson RBC Capital	RBC Capital	Hold → Buy Upgrades $14 → $20	Hold → Buy	Upgrades	$14 → $20	+21.65%	May 29, 2024
Tanya Jakusconek Scotiabank	Scotiabank	Hold Maintains $15 → $18	Hold	Maintains	$15 → $18	+9.49%	May 23, 2024
Ingrid Rico Stifel	Stifel	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Jan 26, 2024
Stephen Walker RBC Capital	RBC Capital	Hold Reiterates $9.5	Hold	Reiterates	$9.5	-42.21%	Aug 8, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

1.28B

from 1.01B

27.12%

from 1.01B

Revenue Next Year

1.46B

from 1.28B

13.49%

from 1.28B

EPS This Year

1.17

from 0.54

117.59%

from 0.54

EPS Next Year

1.25

from 1.17

6.69%

from 1.17

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	617.82M	1.03B	940.91M	871.98M	1.01B	1.28B	1.46B	1.57B	1.78B	1.91B
Revenue Growth	34.60%	66.18%	-8.35%	-7.33%	15.66%	27.12%	13.49%	7.63%	13.60%	7.53%
EPS	0.50	0.71	-0.75	-1.93	0.54	1.17	1.25	1.91	2.12	2.51
EPS Growth	-	42.00%	-	-	-	117.59%	6.69%	52.17%	11.20%	18.33%
Forward PE	-	-	-	-	-	13.99	13.12	8.62	7.75	6.55
No. Analysts	-	-	-	-	-	12	12	9	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	1.4B	1.8B	2.1B	1.8B	2.0B
Avg	1.3B	1.5B	1.6B	1.8B	1.9B
Low	1.2B	1.1B	654.8M	1.7B	1.9B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	37.2%	38.5%	42.6%	18.1%	11.8%
Avg	27.1%	13.5%	7.6%	13.6%	7.5%
Low	17.9%	-12.2%	-55.0%	10.2%	4.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.47	1.91	2.63	2.55	2.89
Avg	1.17	1.25	1.91	2.12	2.51
Low	0.99	0.67	0.92	1.73	2.18

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	172.2%	62.6%	109.4%	33.8%	36.1%
Avg	117.6%	6.7%	52.2%	11.2%	18.3%
Low	83.3%	-43.3%	-26.5%	-9.1%	2.6%

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.