IAMGOLD Corporation (IAG)

IAMGOLD Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for IAMGOLD stock have an average target of 7.40, with a low estimate of 5.00 and a high estimate of 11. The average target predicts an increase of 42.31% from the current stock price of 5.20.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$5.00	$7.40	$6.40	$11
Change	-3.85%	+42.31%	+23.08%	+111.54%

* Price targets were last updated on Oct 22, 2024.

Analyst Ratings

The average analyst rating for IAMGOLD stock from 6 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	1	0	0	1	1	1
Buy	1	1	1	2	2	2
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	4	4	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Anita Soni CIBC	CIBC	Hold Maintains $5.4 → $6.4	Hold	Maintains	$5.4 → $6.4	+23.08%	Oct 22, 2024
Carey Macrury Canaccord Genuity	Canaccord Genuity	Hold → Strong Buy Upgrades $7.75 → $11	Hold → Strong Buy	Upgrades	$7.75 → $11	+101.92%	Oct 22, 2024
Wayne Lam RBC Capital	RBC Capital	Hold Reiterates $6	Hold	Reiterates	$6	+15.38%	Oct 22, 2024
Mike Parkin National Bank Financial Inc	National Bank Financial Inc	Hold → Buy Upgrades $8.5 → $11	Hold → Buy	Upgrades	$8.5 → $11	+111.54%	Oct 10, 2024
Tanya Jakusconek Scotiabank	Scotiabank	Hold Maintains $4.75 → $5.5	Hold	Maintains	$4.75 → $5.5	+5.77%	Aug 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.67B

Increased by 69.39%

from 987.10M

Revenue Next Year

2.33B

Increased by 39.29%

from 1.67B

EPS This Year

0.57

Increased by 196.05%

from 0.19

EPS Next Year

0.81

Increased by 41.67%

from 0.57

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.07B	1.24B	875.50M	958.80M	987.10M	1.67B	2.33B	2.45B
Revenue Growth	-4.11%	16.56%	-29.49%	9.51%	2.95%	69.39%	39.29%	5.20%
EPS	-0.88	0.09	-0.53	-0.15	0.19	0.57	0.81	0.88
EPS Growth	-	-	-	-	-	196.05%	41.67%	9.15%
Forward PE	-	-	-	-	-	9.10	6.42	5.89
No. Analysts	-	-	-	-	-	11	11	8

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

Revenue Forecast

Revenue	2024	2025	2026
High	1.8B	2.7B	2.6B
Avg	1.7B	2.3B	2.5B
Low	1.6B	2.0B	2.2B

Revenue Growth

Revenue Growth	2024	2025	2026
High	80.9%	60.6%	13.6%
Avg	69.4%	39.3%	5.2%
Low	60.6%	17.5%	-4.0%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	0.69	1.01	1.44
Avg	0.57	0.81	0.88
Low	0.46	0.47	0.10

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	259.1%	76.4%	77.7%
Avg	196.0%	41.7%	9.2%
Low	138.7%	-17.7%	-87.9%

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.