Kinross Gold Corporation (KGC)

Kinross Gold Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Kinross Gold stock have an average target of 8.79, with a low estimate of 4.65 and a high estimate of 12. The average target predicts a decrease of -0.34% from the current stock price of 8.82.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$4.65	$8.79	$9.50	$12
Change	-47.28%	-0.34%	+7.71%	+36.05%

Analyst Ratings

The average analyst rating for Kinross Gold stock from 4 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	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	2
Hold	3	3	3	1	1	2
Sell	1	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	2	2	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Murphy Jefferies	Jefferies	Hold Maintains $7 → $9	Hold	Maintains	$7 → $9	+2.04%	Jul 12, 2024
Anita Soni CIBC	CIBC	Buy Maintains $8.15 → $12	Buy	Maintains	$8.15 → $12	+36.05%	Jul 10, 2024
Tanya Jakusconek Scotiabank	Scotiabank	Buy Maintains $8 → $9.5	Buy	Maintains	$8 → $9.5	+7.71%	May 23, 2024
Tanya Jakusconek Scotiabank	Scotiabank	Buy Maintains $7 → $8	Buy	Maintains	$7 → $8	-9.30%	May 9, 2024
Chris LaFemina Jefferies	Jefferies	Hold Maintains $5 → $4.65	Hold	Maintains	$5 → $4.65	-47.28%	Oct 4, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

4.70B

Increased by 10.79%

from 4.24B

Revenue Next Year

4.76B

Increased by 1.34%

from 4.70B

EPS This Year

0.48

Increased by 42.44%

from 0.34

EPS Next Year

0.52

Increased by 7.46%

from 0.48

Year	2019	2020	2021	2022	2023	2024	2024	2025	2025	2026	2026	2027	2028
Revenue	3.50B	4.21B	2.60B	3.46B	4.24B	4.70B	4.76B	4.69B	4.52B	4.39B	4.55B	4.94B	3.60B
Revenue Growth	8.86%	20.48%	-38.30%	32.91%	22.71%	10.79%	1.34%	-1.41%	-3.75%	-2.75%	3.55%	8.49%	-27.01%
EPS	0.57	1.06	0.17	-0.47	0.34	0.48	0.52	0.56	0.51	0.43	0.50	0.49	0.42
EPS Growth	-	85.96%	-83.96%	-	-	42.44%	7.46%	7.23%	-8.90%	-15.30%	16.58%	-3.15%	-12.94%
Forward PE	-	-	-	-	-	18.21	16.95	15.80	17.35	20.48	17.57	18.14	20.84
No. Analysts	-	-	-	-	-	18	18	18	18	13	13	5	4

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	5.2B	5.1B	5.6B	5.1B	3.7B
Avg	4.8B	4.5B	4.5B	4.9B	3.6B
Low	4.4B	3.8B	3.5B	4.7B	3.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	23.4%	7.1%	25.0%	12.8%	-24.9%
Avg	12.3%	-5.1%	0.7%	8.5%	-27.0%
Low	3.0%	-20.5%	-23.6%	3.2%	-29.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.70	0.81	0.86	0.66	0.67
Avg	0.52	0.51	0.50	0.49	0.42
Low	0.35	0.20	0.24	0.19	0.19

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	106.9%	55.3%	69.3%	31.8%	38.2%
Avg	53.1%	-2.3%	-1.3%	-3.2%	-12.9%
Low	3.8%	-62.3%	-53.7%	-62.9%	-61.7%

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.