Barrick Gold Corporation (GOLD)

Barrick Gold Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Barrick Gold stock have an average target of 23.13, with a low estimate of 18 and a high estimate of 27. The average target predicts an increase of 21.83% from the current stock price of 18.99.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$18	$23.13	$24	$27
Change	-5.19%	+21.83%	+26.42%	+42.22%

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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	2	2	2	2	2	3
Buy	4	5	5	4	4	3
Hold	1	1	1	3	3	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	8	8	9	9	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Major UBS	UBS	Hold → Strong Buy Upgrades $22	Hold → Strong Buy	Upgrades	$22	+15.88%	Mar 5, 2025
Tanya Jakusconek Scotiabank	Scotiabank	Hold Maintains $19 → $20	Hold	Maintains	$19 → $20	+5.35%	Feb 18, 2025
Michael Jalonen B of A Securities	B of A Securities	Strong Buy → Hold Downgrades $21 → $18	Strong Buy → Hold	Downgrades	$21 → $18	-5.19%	Jan 27, 2025
Tanya Jakusconek Scotiabank	Scotiabank	Buy → Hold Downgrades $23 → $19	Buy → Hold	Downgrades	$23 → $19	+0.08%	Jan 21, 2025
Tanya Jakusconek Scotiabank	Scotiabank	Buy Maintains $24 → $23	Buy	Maintains	$24 → $23	+21.15%	Nov 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

13.70B

Increased by 6.02%

from 12.92B

Revenue Next Year

14.39B

Increased by 5.03%

from 13.70B

EPS This Year

1.55

Increased by 26.73%

from 1.22

EPS Next Year

1.63

Increased by 5.55%

from 1.55

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	12.60B	11.99B	11.01B	11.40B	12.92B	13.70B	14.39B	15.50B
Revenue Growth	29.62%	-4.84%	-8.11%	3.49%	13.38%	6.02%	5.03%	7.69%
EPS	1.31	1.14	0.24	0.72	1.22	1.55	1.63	1.80
EPS Growth	-42.10%	-13.04%	-78.88%	200.00%	69.44%	26.73%	5.55%	10.02%
Forward PE	-	-	-	-	-	12.28	11.63	10.57
No. Analysts	-	-	-	-	-	18	15	8

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	15.8B	17.6B	19.5B
Avg	13.7B	14.4B	15.5B
Low	11.9B	10.9B	11.9B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	22.3%	28.8%	35.3%
Avg	6.0%	5.0%	7.7%
Low	-8.2%	-20.3%	-17.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.01	2.14	2.65
Avg	1.55	1.63	1.80
Low	0.98	1.03	0.93

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	64.4%	38.5%	62.1%
Avg	26.7%	5.6%	10.0%
Low	-19.7%	-33.4%	-43.0%

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.