Eldorado Gold Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Eldorado Gold stock have an average target of 20, with a low estimate of 18.5 and a high estimate of 22.5. The average target predicts an increase of 25.08% from the current stock price of 15.99.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$18.5	$20	$20	$22.5
Change	+15.70%	+25.08%	+25.08%	+40.71%

Analyst Ratings

The average analyst rating for Eldorado Gold stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	2	2
Hold	2	2	3	3	3	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	5	5	5	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tanya Jakusconek Scotiabank	Scotiabank	Hold Maintains $20 → $19	Hold	Maintains	$20 → $19	+15.70%	Jan 21, 2025
Steven Green TD Securities	TD Securities	Hold Maintains $20 → $19	Hold	Maintains	$20 → $19	+18.82%	Nov 4, 2024
Tanya Jakusconek Scotiabank	Scotiabank	Hold Maintains $18 → $20	Hold	Maintains	$18 → $20	+25.08%	Aug 19, 2024
Cosmos Chiu CIBC	CIBC	Buy Maintains $18 → $23	Buy	Maintains	$18 → $23	+40.71%	Jul 10, 2024
Josh Wolfson RBC Capital	RBC Capital	Hold → Buy Upgrades $14 → $20	Hold → Buy	Upgrades	$14 → $20	+25.08%	May 29, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.33B

from 1.01B

31.98%

from 1.01B

Revenue Next Year

1.66B

from 1.33B

24.94%

from 1.33B

EPS This Year

1.50

from 0.54

179.30%

from 0.54

EPS Next Year

1.87

from 1.50

24.40%

from 1.50

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	617.82M	1.03B	940.91M	871.98M	1.01B	1.33B	1.66B	2.28B
Revenue Growth	34.60%	66.18%	-8.35%	-7.33%	15.66%	31.98%	24.94%	37.28%
EPS	0.50	0.71	-0.75	-1.93	0.54	1.50	1.87	2.69
EPS Growth	-	42.75%	-	-	-	179.30%	24.40%	43.77%
Forward PE	-	-	-	-	-	10.64	8.55	5.95
No. Analysts	-	-	-	-	-	11	11	9

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

Revenue Forecast

Revenue	2024	2025	2026
High	1.4B	1.9B	2.9B
Avg	1.3B	1.7B	2.3B
Low	1.3B	1.4B	1.9B

Revenue Growth

Revenue Growth	2024	2025	2026
High	42.9%	41.8%	72.0%
Avg	32.0%	24.9%	37.3%
Low	25.2%	1.4%	13.7%

EPS Forecast

EPS	2024	2025	2026
High	1.80	2.29	4.46
Avg	1.50	1.87	2.69
Low	1.37	1.27	1.23

EPS Growth

EPS Growth	2024	2025	2026
High	233.7%	52.3%	138.7%
Avg	179.3%	24.4%	43.8%
Low	155.0%	-15.2%	-34.5%

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.