Barrick Gold Corporation (GOLD)
NYSE: GOLD · Real-Time Price · USD
18.12
+0.23 (1.29%)
At close: Nov 21, 2024, 4:00 PM
18.15
+0.03 (0.17%)
After-hours: Nov 21, 2024, 7:31 PM EST
Barrick Gold Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Barrick Gold stock have an average target of 23.43, with a low estimate of 18 and a high estimate of 27. The average target predicts an increase of 29.30% from the current stock price of 18.12.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Barrick Gold stock from 7 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 3 | 3 | 2 | 2 |
| Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Hold | 3 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $25 → $24 | Buy | Maintains | $25 → $24 | +32.45% | Nov 8, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades $23 → $22 | Strong Buy → Hold | Downgrades | $23 → $22 | +21.41% | Oct 30, 2024 |
| UBS | UBS | Strong Buy Maintains $22 → $23 | Strong Buy | Maintains | $22 → $23 | +26.93% | Oct 15, 2024 |
| Argus Research | Argus Research | Hold → Strong Buy Upgrades $24 | Hold → Strong Buy | Upgrades | $24 | +32.45% | Aug 29, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $23 → $25 | Buy | Maintains | $23 → $25 | +37.97% | Aug 19, 2024 |
Financial Forecast
Revenue This Year
13.13B
from 11.40B
Increased by 15.17%
Revenue Next Year
15.36B
from 13.13B
Increased by 16.99%
EPS This Year
1.29
from 0.72
Increased by 78.55%
EPS Next Year
1.78
from 1.29
Increased by 38.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.5B | 18.5B | 17.8B | ||
| Avg | 13.1B | 15.4B | 15.7B | ||
| Low | 10.0B | 12.0B | 12.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.1% | 41.1% | 16.1% | ||
| Avg | 15.2% | 17.0% | 2.3% | ||
| Low | -12.2% | -8.5% | -19.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.53 | 2.40 | 2.41 | ||
| Avg | 1.29 | 1.78 | 1.83 | ||
| Low | 1.10 | 1.28 | 0.75 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 112.9% | 87.0% | 35.2% | ||
| Avg | 78.5% | 38.8% | 2.6% | ||
| Low | 52.4% | -0.1% | -57.7% |
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.