IAMGOLD Corporation (IAG)
NYSE: IAG · Real-Time Price · USD
5.70
+0.13 (2.33%)
Nov 21, 2024, 4:00 PM EST - Market closed
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 29.82% from the current stock price of 5.70.
Analyst Consensus: Buy
* 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 4 | 4 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Hold Maintains $5.4 → $6.4 | Hold | Maintains | $5.4 → $6.4 | +12.28% | Oct 22, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold → Strong Buy Upgrades $7.75 → $11 | Hold → Strong Buy | Upgrades | $7.75 → $11 | +84.21% | Oct 22, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $6 | Hold | Reiterates | $6 | +5.26% | Oct 22, 2024 |
| National Bank Financial Inc | National Bank Financial Inc | Hold → Buy Upgrades $8.5 → $11 | Hold → Buy | Upgrades | $8.5 → $11 | +92.98% | Oct 10, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $4.75 → $5.5 | Hold | Maintains | $4.75 → $5.5 | -3.51% | Aug 19, 2024 |
Financial Forecast
Revenue This Year
1.67B
from 987.10M
Increased by 68.68%
Revenue Next Year
2.31B
from 1.67B
Increased by 38.44%
EPS This Year
0.51
from 0.19
Increased by 164.27%
EPS Next Year
0.78
from 0.51
Increased by 53.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 2.9B | 2.7B |
| Avg | 1.7B | 2.3B | 2.3B |
| Low | 1.5B | 2.0B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 84.6% | 76.0% | 18.4% |
| Avg | 68.7% | 38.4% | - |
| Low | 56.5% | 18.0% | -26.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.66 | 1.01 | 1.26 |
| Avg | 0.51 | 0.78 | 0.81 |
| Low | 0.33 | 0.40 | 0.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 242.7% | 97.6% | 60.8% |
| Avg | 164.3% | 53.7% | 3.4% |
| Low | 72.6% | -21.2% | -87.5% |
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.