Barrick Gold Corporation (GOLD)
NYSE: GOLD · Real-Time Price · USD
15.46
+0.23 (1.51%)
At close: Dec 20, 2024, 4:00 PM
15.50
+0.04 (0.26%)
After-hours: Dec 20, 2024, 7:57 PM EST
Barrick Gold Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Barrick Gold stock have an average target of 23.5, with a low estimate of 18 and a high estimate of 27. The average target predicts an increase of 52.01% from the current stock price of 15.46.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Barrick Gold stock from 8 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 2 | 2 | 2 |
| Buy | 5 | 5 | 5 | 4 | 5 | 5 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $24 → $23 | Buy | Maintains | $24 → $23 | +48.77% | Nov 25, 2024 |
| Raymond James | Raymond James | Buy Maintains $26 → $25 | Buy | Maintains | $26 → $25 | +61.71% | Nov 25, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $25 → $24 | Buy | Maintains | $25 → $24 | +55.24% | Nov 8, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades $23 → $22 | Strong Buy → Hold | Downgrades | $23 → $22 | +42.30% | Oct 30, 2024 |
| UBS | UBS | Strong Buy Maintains $22 → $23 | Strong Buy | Maintains | $22 → $23 | +48.77% | Oct 15, 2024 |
Financial Forecast
Revenue This Year
13.27B
from 11.40B
Increased by 16.47%
Revenue Next Year
15.82B
from 13.27B
Increased by 19.17%
EPS This Year
1.26
from 0.72
Increased by 75.53%
EPS Next Year
1.75
from 1.26
Increased by 38.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.4B | 18.5B | 19.1B | ||
| Avg | 13.3B | 15.8B | 16.2B | ||
| Low | 11.1B | 13.4B | 14.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.8% | 39.5% | 21.0% | ||
| Avg | 16.5% | 19.2% | 2.6% | ||
| Low | -2.4% | 1.2% | -7.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.47 | 2.14 | 2.41 | ||
| Avg | 1.26 | 1.75 | 1.92 | ||
| Low | 1.13 | 1.41 | 1.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 104.2% | 69.5% | 37.7% | ||
| Avg | 75.5% | 38.6% | 9.4% | ||
| Low | 56.5% | 11.7% | -30.1% |
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.