Eldorado Gold (EGO) Stock Forecast, Price Target & Predictions
EGO Stock Forecast
Eldorado Gold stock forecast is as follows: an average price target of $20.00 (represents a 11.17% upside from EGO’s last price of $17.99) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
EGO Price Target
The average price target for Eldorado Gold (EGO) is $20.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $20.00. This represents a potential 11.17% upside from EGO's last price of $17.99.
EGO Analyst Ratings
According to 5 Wall Street analysts, Eldorado Gold's rating consensus is 'Buy'. The analyst rating breakdown for EGO stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 2 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Eldorado Gold Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 29, 2024 | Michael Siperco | RBC Capital | $20.00 | $15.88 | 25.94% | 11.17% |
The latest Eldorado Gold stock forecast, released on May 29, 2024 by Michael Siperco from RBC Capital, set a price target of $20.00, which represents a 25.94% increase from the stock price at the time of the forecast ($15.88), and a 11.17% increase from EGO last price ($17.99).
Eldorado Gold Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $20.00 |
| Last Closing Price | $17.99 | $17.99 | $17.99 |
| Upside/Downside | -100.00% | -100.00% | 11.17% |
In the current month, the average price target of Eldorado Gold stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Eldorado Gold's last price of $17.99. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 19, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Jul 10, 2024 | CIBC | Outperform | Outperform | Hold |
| May 29, 2024 | RBC Capital | - | Outperform | Upgrade |
| May 23, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Apr 05, 2024 | National Bank | Outperform | Outperform | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Hold | Upgrade |
Eldorado Gold's last stock rating was published by Scotiabank on Aug 19, 2024. The company gave EGO a "Sector Perform" rating, the same as its previous rate.
Eldorado Gold Financial Forecast
Eldorado Gold Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $227.35M | $239.88M | $222.07M | $216.50M | $192.74M | $244.63M | $238.44M | $229.74M | - | - | $287.60M | $251.44M | - | $194.01M | - |
| Avg Forecast | $503.48M | $501.10M | $497.89M | $497.46M | $448.62M | $407.31M | $337.43M | $352.89M | $388.74M | $365.07M | $308.66M | $288.64M | $308.30M | $260.21M | $259.16M | $231.66M | $241.69M | $230.67M | $247.15M | $200.29M | $238.95M | $247.37M | $240.89M | $223.41M | $297.05M | $276.77M | $248.89M | $202.64M | $197.26M | $176.04M |
| High Forecast | $545.07M | $542.49M | $539.01M | $538.55M | $485.68M | $440.96M | $365.31M | $382.04M | $420.85M | $395.23M | $334.16M | $312.48M | $333.76M | $275.93M | $280.56M | $250.80M | $261.65M | $249.72M | $247.15M | $200.29M | $238.95M | $247.37M | $240.89M | $223.41M | $297.05M | $276.77M | $248.89M | $202.64M | $197.26M | $176.04M |
| Low Forecast | $481.29M | $479.01M | $475.94M | $475.53M | $428.84M | $389.36M | $322.56M | $337.33M | $371.61M | $348.98M | $295.06M | $275.91M | $294.71M | $247.22M | $247.73M | $221.45M | $231.03M | $220.50M | $247.15M | $200.29M | $238.95M | $247.37M | $240.89M | $223.41M | $297.05M | $276.77M | $248.89M | $202.64M | $197.26M | $176.04M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 4 | 7 | 4 | 6 | 4 | 6 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.99% | 0.96% | 0.88% | 0.96% | 1.02% | 0.96% | 0.95% | - | - | 1.04% | 1.01% | - | 0.98% | - |
Eldorado Gold's average Quarter revenue forecast for Jun 23 based on 1 analysts is $259.16M, with a low forecast of $247.73M, and a high forecast of $280.56M. EGO's average Quarter revenue forecast represents a 13.99% increase compared to the company's last Quarter revenue of $227.35M (Mar 23).
Eldorado Gold EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 4 | 7 | 4 | 6 | 4 | 6 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $102.77M | $93.40M | $77.46M | $84.05M | $58.02M | $101.62M | $106.42M | $97.28M | - | - | $158.65M | $126.34M | - | $78.40M | - |
| Avg Forecast | $210.25M | $209.25M | $207.91M | $207.73M | $187.34M | $170.09M | $140.91M | $147.36M | $162.33M | $152.45M | $128.89M | $280.00M | $128.74M | $108.66M | $108.22M | $221.34M | $100.92M | $30.57M | $103.21M | $174.97M | $102.04M | $27.79M | $2.91M | $138.32M | $94.20M | $165.67M | $128.17M | $103.81M | $165.02M | $103.51M |
| High Forecast | $227.61M | $226.53M | $225.08M | $224.89M | $202.81M | $184.14M | $152.54M | $159.53M | $175.74M | $165.04M | $139.54M | $336.00M | $139.37M | $115.22M | $117.16M | $265.61M | $109.26M | $36.68M | $103.21M | $209.97M | $122.45M | $33.35M | $3.49M | $165.98M | $113.04M | $198.81M | $153.81M | $124.57M | $198.02M | $124.21M |
| Low Forecast | $200.98M | $200.02M | $198.74M | $198.57M | $179.08M | $162.59M | $134.69M | $140.86M | $155.18M | $145.73M | $123.21M | $224.00M | $123.06M | $103.24M | $103.45M | $177.07M | $96.47M | $24.46M | $103.21M | $139.98M | $81.63M | $22.23M | $2.33M | $110.66M | $75.36M | $132.54M | $102.54M | $83.05M | $132.02M | $82.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.46% | 0.93% | 2.53% | 0.81% | 0.33% | 1.00% | 3.83% | 33.44% | - | - | 0.96% | 0.99% | - | 0.48% | - |
1 analysts predict EGO's average Quarter EBITDA for Jun 23 to be $108.22M, with a high of $117.16M and a low of $103.45M. This is 5.30% upper than Eldorado Gold's previous annual EBITDA (Mar 23) of $102.77M.
Eldorado Gold Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 4 | 7 | 4 | 6 | 4 | 6 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $21.32M | $410.87M | $-54.50M | $-21.53M | $-384.21M | $-42.72M | $9.16M | $-58.35M | - | - | $41.01M | $45.62M | - | $91.17M | - |
| Avg Forecast | $140.89M | $139.92M | $136.62M | $137.31M | $119.90M | $90.16M | $75.83M | $80.94M | $83.30M | $70.23M | $51.73M | $22.31M | $42.19M | $9.29M | $19.95M | $17.64M | $13.72M | $-44.68M | $20.21M | $13.94M | $-36.92M | $-40.62M | $-33.44M | $11.02M | $22.08M | $41.01M | $41.82M | $-6.27M | $91.17M | $5.89M |
| High Forecast | $156.02M | $154.95M | $151.29M | $152.05M | $132.78M | $99.84M | $83.97M | $89.64M | $92.25M | $89.21M | $57.29M | $26.77M | $48.21M | $17.25M | $22.09M | $21.16M | $15.20M | $-35.74M | $20.21M | $16.73M | $-29.54M | $-32.49M | $-26.75M | $13.23M | $26.50M | $49.21M | $50.18M | $-5.02M | $109.40M | $7.07M |
| Low Forecast | $132.81M | $131.91M | $128.79M | $129.44M | $113.03M | $84.99M | $71.48M | $76.31M | $78.53M | $49.35M | $48.77M | $17.85M | $38.17M | $-5.31M | $18.81M | $14.11M | $12.94M | $-53.61M | $20.21M | $11.15M | $-44.31M | $-48.74M | $-40.13M | $8.82M | $17.67M | $32.81M | $33.45M | $-7.53M | $72.93M | $4.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.21% | 29.94% | 1.22% | -1.07% | -27.56% | 1.16% | -0.23% | 1.74% | - | - | 1.00% | 1.09% | - | 1.00% | - |
Eldorado Gold's average Quarter net income forecast for Jun 23 is $19.95M, with a range of $18.81M to $22.09M. EGO's average Quarter net income forecast represents a -6.43% decrease compared to the company's last Quarter net income of $21.32M (Mar 23).
Eldorado Gold SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 4 | 7 | 4 | 6 | 4 | 6 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.96M | $19.60M | $10.47M | $9.89M | $13.78M | $11.75M | $10.23M | $12.32M | - | - | $9.72M | $9.79M | - | $9.91M | - |
| Avg Forecast | $27.36M | $27.23M | $27.05M | $27.03M | $24.38M | $22.13M | $18.34M | $19.18M | $21.12M | $19.84M | $16.77M | $49.56M | $16.75M | $14.14M | $14.08M | $39.18M | $13.13M | $8.75M | $13.43M | $30.97M | $10.85M | $7.96M | $7.39M | $24.48M | $19.76M | $16.84M | $16.17M | $23.81M | $17.88M | $23.02M |
| High Forecast | $29.62M | $29.48M | $29.29M | $29.26M | $26.39M | $23.96M | $19.85M | $20.76M | $22.87M | $21.48M | $18.16M | $59.48M | $18.14M | $14.99M | $15.25M | $47.02M | $14.22M | $10.50M | $13.43M | $37.17M | $13.02M | $9.55M | $8.87M | $29.38M | $23.71M | $20.21M | $19.40M | $28.57M | $21.46M | $27.63M |
| Low Forecast | $26.15M | $26.03M | $25.86M | $25.84M | $23.30M | $21.16M | $17.53M | $18.33M | $20.19M | $18.96M | $16.03M | $39.65M | $16.01M | $13.43M | $13.46M | $31.34M | $12.55M | $7.00M | $13.43M | $24.78M | $8.68M | $6.37M | $5.91M | $19.59M | $15.81M | $13.47M | $12.94M | $19.05M | $14.31M | $18.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.33% | 1.49% | 1.20% | 0.74% | 0.44% | 1.08% | 1.29% | 1.67% | - | - | 0.58% | 0.61% | - | 0.55% | - |
Eldorado Gold's average Quarter SG&A projection for Jun 23 is $14.08M, based on 1 Wall Street analysts, with a range of $13.46M to $15.25M. The forecast indicates a 8.62% rise compared to EGO last annual SG&A of $12.96M (Mar 23).
Eldorado Gold EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 4 | 7 | 4 | 6 | 4 | 6 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.12 | $2.24 | $-0.30 | $-0.12 | $-2.11 | $-0.23 | $0.05 | $-0.32 | - | - | $0.24 | $0.27 | - | $0.55 | - |
| Avg Forecast | $0.69 | $0.68 | $0.66 | $0.67 | $0.58 | $0.44 | $0.37 | $0.39 | $0.41 | $0.34 | $0.25 | $0.16 | $0.21 | $0.05 | $0.10 | $0.04 | $0.07 | $0.05 | $0.10 | $0.07 | $0.13 | $0.19 | $0.13 | $0.18 | $0.33 | $0.33 | $0.23 | $0.13 | $0.13 | $0.10 |
| High Forecast | $0.76 | $0.75 | $0.74 | $0.74 | $0.65 | $0.49 | $0.41 | $0.44 | $0.45 | $0.43 | $0.28 | $0.18 | $0.23 | $0.08 | $0.11 | $0.05 | $0.07 | $0.06 | $0.10 | $0.07 | $0.13 | $0.19 | $0.13 | $0.18 | $0.33 | $0.33 | $0.23 | $0.13 | $0.13 | $0.10 |
| Low Forecast | $0.65 | $0.64 | $0.63 | $0.63 | $0.55 | $0.41 | $0.35 | $0.37 | $0.38 | $0.24 | $0.24 | $0.15 | $0.19 | $-0.03 | $0.09 | $0.04 | $0.06 | $0.05 | $0.10 | $0.07 | $0.13 | $0.19 | $0.13 | $0.18 | $0.33 | $0.33 | $0.23 | $0.13 | $0.13 | $0.10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.80% | 33.55% | -5.46% | -1.21% | -28.86% | -1.83% | 0.27% | -2.40% | - | - | 0.72% | 1.17% | - | 4.29% | - |
According to 1 Wall Street analysts, Eldorado Gold's projected average Quarter EPS for Jun 23 is $0.10, with a low estimate of $0.09 and a high estimate of $0.11. This represents a -19.09% decrease compared to EGO previous annual EPS of $0.12 (Mar 23).
EGO Forecast FAQ
Is Eldorado Gold a good buy?
Yes, according to 5 Wall Street analysts, Eldorado Gold (EGO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 60.00% of EGO's total ratings.
What is EGO's price target?
Eldorado Gold (EGO) average price target is $20 with a range of $20 to $20, implying a 11.17% from its last price of $17.99. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Eldorado Gold stock go up soon?
According to Wall Street analysts' prediction for EGO stock, the company can go up by 11.17% (from the last price of $17.99 to the average price target of $20), up by 11.17% based on the highest stock price target, and up by 11.17% based on the lowest stock price target.
Can Eldorado Gold stock reach $30?
EGO's average twelve months analyst stock price target of $20 does not support the claim that Eldorado Gold can reach $30 in the near future.
What are Eldorado Gold's analysts' financial forecasts?
Eldorado Gold's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.55B (high $1.67B, low $1.48B), average EBITDA is $645.69M (high $699.02M, low $617.22M), average net income is $366.83M (high $406.22M, low $345.81M), average SG&A $84.02M (high $90.96M, low $80.32M), and average EPS is $1.79 (high $1.98, low $1.68). EGO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2B (high $2.17B, low $1.91B), average EBITDA is $835.13M (high $904.11M, low $798.32M), average net income is $554.74M (high $614.31M, low $522.95M), average SG&A $108.67M (high $117.65M, low $103.88M), and average EPS is $2.7 (high $2.99, low $2.54).
Did the EGO's actual financial results beat the analysts' financial forecasts?
Based on Eldorado Gold's last annual report (Dec 2022), the company's revenue was $871.46M, which missed the average analysts forecast of $919.8M by -5.25%. Apple's EBITDA was $313.2M, missing the average prediction of $409.68M by -23.55%. The company's net income was $-49.368M, missing the average estimation of $3.19M by -1645.22%. Apple's SG&A was $53.74M, missing the average forecast of $66.29M by -18.93%. Lastly, the company's EPS was $-0.27, missing the average prediction of $0.294 by -191.85%. In terms of the last quarterly report (Mar 2023), Eldorado Gold's revenue was $227.35M, missing the average analysts' forecast of $231.66M by -1.86%. The company's EBITDA was $102.77M, missing the average prediction of $221.34M by -53.57%. Eldorado Gold's net income was $21.32M, beating the average estimation of $17.64M by 20.90%. The company's SG&A was $12.96M, missing the average forecast of $39.18M by -66.91%. Lastly, the company's EPS was $0.12, beating the average prediction of $0.0428 by 180.37%