Equinox Gold Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Equinox Gold stock have an average target of $23, which predicts a 117.39% increase from the current stock price of 10.58.

Price Target: $23 (+117.39%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$23	$23	$23	$23
Change	+117.39%	+117.39%	+117.39%	+117.39%

Analyst Ratings

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

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	4	5	7	7	6	4
Buy	5	5	5	5	5	4
Hold	1	1	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	11	12	12	11	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ralph M. Profiti Stifel Nicolaus	Stifel Nicolaus	Buy Maintains $22 → $25	Buy	Maintains	$22 → $25	+138.92%	May 14, 2026
Josh Wolfson RBC Capital	RBC Capital	Buy Maintains $23	Buy	Maintains	$23	+117.39%	May 12, 2026
Richard Gray ATB Cormark Capital Markets	ATB Cormark Capital Markets	Buy Maintains $21	Buy	Maintains	$21	+97.96%	May 8, 2026
Anita Soni CIBC	CIBC	Buy Reiterates $23 → $22	Buy	Reiterates	$23 → $22	+111.62%	Apr 21, 2026
Kevin O'Halloran BMO Capital	BMO Capital	Buy Reiterates $19	Buy	Reiterates	$19	+77.49%	Apr 10, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

3.56B

from 1.82B

95.69%

from 1.82B

Revenue Next Year

3.99B

from 3.56B

12.13%

from 3.56B

EPS This Year

1.33

from 0.67

98.76%

from 0.67

EPS Next Year

1.63

from 1.33

22.53%

from 1.33

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	1.08B	952.20M	1.09B	912.84M	1.82B	3.56B
Revenue Growth	28.02%	-12.02%	14.28%	-16.11%	99.07%	95.69%
Gross Profit	414.31M	262.67M	322.53M	315.34M	950.11M	2.49B
Gross Margin	38.28%	27.59%	29.64%	34.54%	52.28%	70.00%
Operating Income	150.97M	10.39M	49.62M	152.50M	499.44M	1.70B
Net Income	554.89M	-106.03M	28.88M	339.29M	221.47M	1.11B
EPS	-	-	-	-	0.67	1.33
EPS Growth	-	-	-	-	235.00%	98.76%
Forward PE	-	-	-	-	-	7.94
Free Cash Flow	-283.16M	-292.19M	-372.50M	79.27M	-305.67M	939.98M
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	3.7B
Avg	3.6B
Low	3.4B

Revenue Growth

Revenue Growth	2026	2027	2028
High	101.5%
Avg	95.7%
Low	88.5%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	1.33
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	98.8%
Low	-