Barrick Gold Corporation (GOLD)
NYSE: GOLD · IEX Real-Time Price · USD
17.08
+0.56 (3.39%)
At close: Apr 25, 2024, 4:01 PM
17.29
+0.21 (1.23%)
Pre-market: Apr 26, 2024, 9:10 AM EDT
Barrick Gold Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Barrick Gold stock have an average target of 22.5, with a low estimate of 15 and a high estimate of 28. The average target predicts an increase of 31.73% from the current stock price of 17.08.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Barrick Gold stock from 9 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 3 | 4 | 5 | 5 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 7 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $27 → $26 | Buy | Maintains | $27 → $26 | +52.22% | Apr 17, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $18 | Buy | Reiterates | $18 | +5.39% | Mar 4, 2024 |
| Argus Research | Argus Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Feb 26, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $24 → $23 | Buy | Maintains | $24 → $23 | +34.66% | Feb 20, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $26 → $24 | Buy | Maintains | $26 → $24 | +40.52% | Feb 15, 2024 |
Financial Forecast
Revenue This Year
12.29B
from 11.40B
Increased by 7.79%
Revenue Next Year
13.59B
from 12.29B
Increased by 10.61%
EPS This Year
0.95
from 0.72
Increased by 31.93%
EPS Next Year
1.15
from 0.95
Increased by 21.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 13.4B | 15.2B | 15.7B | 10.9B |
| Avg | 12.3B | 13.6B | 13.8B | 10.5B |
| Low | 10.9B | 12.1B | 11.9B | 10.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 18.0% | 24.1% | 15.7% | -21.2% |
| Avg | 7.8% | 10.6% | 1.6% | -24.2% |
| Low | -3.9% | -1.6% | -12.2% | -26.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.42 | 1.45 | 1.79 | 1.39 |
| Avg | 0.95 | 1.15 | 1.20 | 1.33 |
| Low | 0.65 | 0.79 | 0.65 | 1.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 96.9% | 52.5% | 55.1% | 15.7% |
| Avg | 31.9% | 21.2% | 4.1% | 11.3% |
| Low | -10.2% | -16.4% | -43.8% | 8.0% |
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.