DRDGOLD (DRD) Stock Forecast, Price Target & Predictions
DRD Stock Forecast
DRDGOLD stock forecast is as follows: an average price target of $13.25 (represents a 45.76% upside from DRD’s last price of $9.09) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
DRD Price Target
The average price target for DRDGOLD (DRD) is $13.25 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $13.25 to $13.25. This represents a potential 45.76% upside from DRD's last price of $9.09.
DRD Analyst Ratings
According to 1 Wall Street analysts, DRDGOLD's rating consensus is 'Buy'. The analyst rating breakdown for DRD stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
DRDGOLD Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 22, 2024 | Heiko Ihle | H.C. Wainwright | $13.25 | $9.68 | 36.88% | 45.76% |
| May 14, 2024 | Heiko Ihle | H.C. Wainwright | $15.50 | $8.54 | 81.50% | 70.52% |
The latest DRDGOLD stock forecast, released on Aug 22, 2024 by Heiko Ihle from H.C. Wainwright, set a price target of $13.25, which represents a 36.88% increase from the stock price at the time of the forecast ($9.68), and a 45.76% increase from DRD last price ($9.09).
DRDGOLD Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $13.25 | $13.25 | $14.38 |
| Last Closing Price | $9.09 | $9.09 | $9.09 |
| Upside/Downside | 45.76% | 45.76% | 58.20% |
In the current month, the average price target of DRDGOLD stock is $13.25, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 45.76% increase as opposed to DRDGOLD's last price of $9.09. This month's average price target is down 0.00% compared to last quarter, and down -7.86% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 22, 2024 | H.C. Wainwright | Buy | Buy | Hold |
| May 14, 2024 | H.C. Wainwright | Buy | Buy | Hold |
DRDGOLD's last stock rating was published by H.C. Wainwright on Aug 22, 2024. The company gave DRD a "Buy" rating, the same as its previous rate.
DRDGOLD Financial Forecast
DRDGOLD Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | |
|---|---|---|---|---|
| Revenue | - | - | - | - |
| Avg Forecast | $182.64M | $174.33M | $166.67M | $159.09M |
| High Forecast | $182.64M | $174.33M | $166.67M | $159.09M |
| Low Forecast | $182.64M | $174.33M | $166.67M | $159.09M |
| # Analysts | - | - | - | - |
| Surprise % | - | - | - | - |
DRDGOLD's average Quarter revenue forecast for undefined based on undefined analysts is $NaN, with a low forecast of $NaN, and a high forecast of $NaN. DRD's average Quarter revenue forecast represents a NaN% decrease compared to the company's last Quarter revenue of $NaN (undefined).
DRDGOLD EBITDA Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | |
|---|---|---|---|---|
| # Analysts | - | - | - | - |
| EBITDA | - | - | - | - |
| Avg Forecast | $56.10M | $53.54M | $51.19M | $48.86M |
| High Forecast | $56.10M | $53.54M | $51.19M | $48.86M |
| Low Forecast | $56.10M | $53.54M | $51.19M | $48.86M |
| Surprise % | - | - | - | - |
undefined analysts predict DRD's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than DRDGOLD's previous annual EBITDA (undefined) of $NaN.
DRDGOLD Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | |
|---|---|---|---|---|
| # Analysts | - | - | - | - |
| Net Income | - | - | - | - |
| Avg Forecast | $2.42B | $2.11B | $2.54B | $3.37B |
| High Forecast | $2.42B | $2.11B | $2.54B | $3.37B |
| Low Forecast | $2.42B | $2.11B | $2.54B | $3.37B |
| Surprise % | - | - | - | - |
DRDGOLD's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. DRD's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
DRDGOLD SG&A Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | |
|---|---|---|---|---|
| # Analysts | - | - | - | - |
| SG&A | - | - | - | - |
| Avg Forecast | $6.65M | $6.35M | $6.07M | $5.79M |
| High Forecast | $6.65M | $6.35M | $6.07M | $5.79M |
| Low Forecast | $6.65M | $6.35M | $6.07M | $5.79M |
| Surprise % | - | - | - | - |
DRDGOLD's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to DRD last annual SG&A of $NaN (undefined).
DRDGOLD EPS Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | |
|---|---|---|---|---|
| # Analysts | - | - | - | - |
| EPS | - | - | - | - |
| Avg Forecast | $27.99 | $24.38 | $29.38 | $38.95 |
| High Forecast | $27.99 | $24.38 | $29.38 | $38.95 |
| Low Forecast | $27.99 | $24.38 | $29.38 | $38.95 |
| Surprise % | - | - | - | - |
According to undefined Wall Street analysts, DRDGOLD's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to DRD previous annual EPS of $NaN (undefined).
DRDGOLD Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| DRD | DRDGOLD | $9.09 | $13.25 | 45.76% | Buy |
| FNV | Franco-Nevada | $124.56 | $157.31 | 26.29% | Buy |
| FSM | Fortuna Silver Mines | $4.97 | $6.00 | 20.72% | Hold |
| PAAS | Pan American Silver | $20.89 | $25.00 | 19.67% | Buy |
| EGO | Eldorado Gold | $17.38 | $20.00 | 15.07% | Buy |
| SAND | Sandstorm Gold | $6.15 | $7.00 | 13.82% | Buy |
| SSRM | SSR Mining | $5.78 | $6.49 | 12.28% | Hold |
| GFI | Gold Fields | $14.45 | $16.00 | 10.73% | Hold |
| RGLD | Royal Gold | $140.26 | $149.75 | 6.77% | Buy |
| OR | Osisko Gold Royalties | $17.94 | $19.00 | 5.91% | Buy |
| KGC | Kinross Gold | $9.39 | $8.99 | -4.26% | Buy |
| AU | AngloGold Ashanti | $27.64 | $25.32 | -8.39% | Buy |
| AGI | Alamos Gold | $20.44 | $18.00 | -11.94% | Buy |
DRD Forecast FAQ
Is DRDGOLD a good buy?
Yes, according to 1 Wall Street analysts, DRDGOLD (DRD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of DRD's total ratings.
What is DRD's price target?
DRDGOLD (DRD) average price target is $13.25 with a range of $13.25 to $13.25, implying a 45.76% from its last price of $9.09. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will DRDGOLD stock go up soon?
According to Wall Street analysts' prediction for DRD stock, the company can go up by 45.76% (from the last price of $9.09 to the average price target of $13.25), up by 45.76% based on the highest stock price target, and up by 45.76% based on the lowest stock price target.
Can DRDGOLD stock reach $14?
DRD's average twelve months analyst stock price target of $13.25 does not support the claim that DRDGOLD can reach $14 in the near future.
What is DRDGOLD's current price target trend?
1 Wall Street analyst forecast a $13.25 price target for DRDGOLD (DRD) this month, up 45.76% from its last price of $9.09. Compared to the last 3 and 12 months, the average price target increased by 45.76% and increased by 58.20%, respectively.
What are DRDGOLD's analysts' financial forecasts?
DRD's analysts financial forecasts for the fiscal year (Jun 2024) are as follows: average revenue is $500.09M (high $500.09M, low $500.09M), average EBITDA is $153.6M (high $153.6M, low $153.6M), average net income is $8.02B (high $8.02B, low $8.02B), average SG&A $18.21M (high $18.21M, low $18.21M), and average EPS is $92.72 (high $92.72, low $92.72).