Eldorado Gold (EGO) Stock Forecast, Price Target & Predictions


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EGO Stock Forecast


Eldorado Gold stock forecast is as follows: an average price target of $20.00 (represents a 20.77% upside from EGO’s last price of $16.56) 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 20.77% upside from EGO's last price of $16.56.

EGO Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 29, 2024Michael SipercoRBC Capital--25.94%20.77%
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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 20.77% increase from EGO last price ($16.56).

Eldorado Gold Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$20.00
Last Closing Price$16.56$16.56$16.56
Upside/Downside-100.00%-100.00%20.77%

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 $16.56. 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


DateCompanyPrevious RatingNew RatingRating Change
Oct 10, 2024National BankOutperformOutperformHold
Aug 19, 2024ScotiabankSector PerformSector PerformHold
Jul 10, 2024CIBCOutperformOutperformHold
May 29, 2024RBC CapitalOutperformUpgrade
May 23, 2024ScotiabankSector PerformSector PerformHold
Apr 05, 2024National BankOutperformOutperformHold
Apr 26, 2022Zacks Investment ResearchHoldUpgrade
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Eldorado Gold's last stock rating was published by National Bank on Oct 10, 2024. The company gave EGO a "Outperform" rating, the same as its previous rate.

Eldorado Gold Financial Forecast


Eldorado Gold Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$595.43M$594.05M$483.33M$456.24M$508.27M$493.10M$402.00M$401.64M$430.92M$359.51M$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$595.43M$594.05M$483.33M$456.24M$508.27M$493.10M$402.00M$401.64M$430.92M$359.51M$308.66M$288.64M$308.30M$275.93M$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
Low Forecast$595.43M$594.05M$483.33M$456.24M$508.27M$493.10M$402.00M$401.64M$430.92M$359.51M$308.66M$288.64M$308.30M$247.22M$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
# Analysts111111111111131111111111187655
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 $259.16M, and a high forecast of $259.16M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111131111111111187655
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$266.65M$266.03M$216.44M$204.31M$227.61M$220.82M$180.02M$179.86M$192.98M$161.00M$138.23M$280.00M$138.06M$116.53M$116.06M$221.34M$95.41M$96.32M$103.21M$174.97M$99.78M$103.30M$100.59M$138.32M$124.04M$115.58M$103.93M$103.81M$82.37M$73.51M
High Forecast$266.65M$266.03M$216.44M$204.31M$227.61M$220.82M$180.02M$179.86M$192.98M$161.00M$138.23M$336.00M$138.06M$123.57M$116.06M$265.61M$114.49M$96.32M$103.21M$209.97M$99.78M$103.30M$100.59M$165.98M$124.04M$115.58M$103.93M$124.57M$82.37M$73.51M
Low Forecast$266.65M$266.03M$216.44M$204.31M$227.61M$220.82M$180.02M$179.86M$192.98M$161.00M$138.23M$224.00M$138.06M$110.71M$116.06M$177.07M$76.32M$96.32M$103.21M$139.98M$99.78M$103.30M$100.59M$110.66M$124.04M$115.58M$103.93M$83.05M$82.37M$73.51M
Surprise %---------------0.46%0.98%0.80%0.81%0.33%1.02%1.03%0.97%--1.37%1.22%-0.95%-

1 analysts predict EGO's average Quarter EBITDA for Jun 23 to be $116.06M, with a high of $116.06M and a low of $116.06M. This is 12.92% upper than Eldorado Gold's previous annual EBITDA (Mar 23) of $102.77M.

Eldorado Gold Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111131111111111187655
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$171.47M$170.18M$108.36M$95.46M$132.19M$104.45M$85.77M$86.80M$100.96M$70.17M$51.90M$22.31M$42.32M$9.32M$20.02M$17.64M$-34.52M$11.30M$20.36M$13.94M$25.90M$38.18M$27.37M$11.02M$66.96M$68.62M$47.60M$-6.27M$26.33M$19.99M
High Forecast$171.47M$170.18M$108.36M$95.46M$132.19M$104.45M$85.77M$86.80M$100.96M$70.18M$52.04M$26.77M$48.37M$17.31M$20.02M$21.16M$-27.62M$11.30M$20.36M$16.73M$25.90M$38.18M$27.37M$13.23M$66.96M$68.62M$47.60M$-5.02M$26.33M$19.99M
Low Forecast$171.47M$170.18M$108.36M$95.46M$132.19M$104.45M$85.77M$86.80M$100.96M$70.15M$51.76M$17.85M$38.29M$-5.33M$20.02M$14.11M$-41.43M$11.30M$20.36M$11.15M$25.90M$38.18M$27.37M$8.82M$66.96M$68.62M$47.60M$-7.53M$26.33M$19.99M
Surprise %---------------1.21%-11.90%-4.82%-1.06%-27.56%-1.65%0.24%-2.13%--0.60%0.96%-3.46%-

Eldorado Gold's average Quarter net income forecast for Jun 23 is $20.02M, with a range of $20.02M to $20.02M. EGO's average Quarter net income forecast represents a -6.13% decrease compared to the company's last Quarter net income of $21.32M (Mar 23).

Eldorado Gold SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111131111111111187655
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$32.46M$32.38M$26.35M$24.87M$27.71M$26.88M$21.91M$21.89M$23.49M$19.60M$16.82M$49.56M$16.80M$14.18M$14.13M$39.18M$10.14M$12.53M$13.43M$30.97M$12.98M$13.44M$13.09M$24.48M$16.14M$15.04M$13.52M$23.81M$10.72M$9.57M
High Forecast$32.46M$32.38M$26.35M$24.87M$27.71M$26.88M$21.91M$21.89M$23.49M$19.60M$16.82M$59.48M$16.80M$15.04M$14.13M$47.02M$12.17M$12.53M$13.43M$37.17M$12.98M$13.44M$13.09M$29.38M$16.14M$15.04M$13.52M$28.57M$10.72M$9.57M
Low Forecast$32.46M$32.38M$26.35M$24.87M$27.71M$26.88M$21.91M$21.89M$23.49M$19.60M$16.82M$39.65M$16.80M$13.48M$14.13M$31.34M$8.11M$12.53M$13.43M$24.78M$12.98M$13.44M$13.09M$19.59M$16.14M$15.04M$13.52M$19.05M$10.72M$9.57M
Surprise %---------------0.33%1.93%0.84%0.74%0.44%0.91%0.76%0.94%--0.65%0.72%-0.92%-

Eldorado Gold's average Quarter SG&A projection for Jun 23 is $14.13M, based on 1 Wall Street analysts, with a range of $14.13M to $14.13M. The forecast indicates a 8.96% rise compared to EGO last annual SG&A of $12.96M (Mar 23).

Eldorado Gold EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111131111111111187655
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$0.83$0.83$0.53$0.46$0.64$0.51$0.42$0.42$0.49$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$0.83$0.83$0.53$0.46$0.64$0.51$0.42$0.42$0.49$0.34$0.25$0.16$0.23$0.08$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
Low Forecast$0.83$0.83$0.53$0.46$0.64$0.51$0.42$0.42$0.49$0.34$0.25$0.16$0.19$-0.03$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
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 $0.10 and a high estimate of $0.10. This represents a -19.09% decrease compared to EGO previous annual EPS of $0.12 (Mar 23).

Eldorado Gold Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
EGOEldorado Gold--20.77%Buy
GFIGold Fields--4.99%Hold
AEMAgnico Eagle Mines---6.36%Buy
KGCKinross Gold---12.04%Buy
IAGIAMGOLD---29.47%Hold

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 20.77% from its last price of $16.56. 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 20.77% (from the last price of $16.56 to the average price target of $20), up by 20.77% based on the highest stock price target, and up by 20.77% based on the lowest stock price target.

Can Eldorado Gold stock reach $20?

EGO's average twelve months analyst stock price target of $20 does not support the claim that Eldorado Gold can reach $20 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 $1.81B (high $1.81B, low $1.81B), average EBITDA is $808.32M (high $808.32M, low $808.32M), average net income is $409.21M (high $409.21M, low $409.21M), average SG&A $98.39M (high $98.39M, low $98.39M), and average EPS is $1.99 (high $1.99, low $1.99). EGO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.13B (high $2.13B, low $2.13B), average EBITDA is $953.43M (high $953.43M, low $953.43M), average net income is $545.46M (high $545.46M, low $545.46M), average SG&A $116.05M (high $116.05M, low $116.05M), and average EPS is $2.65 (high $2.65, low $2.65).

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 $469.91M by -33.35%. The company's net income was $-49.368M, missing the average estimation of $11.08M by -545.73%. Apple's SG&A was $53.74M, missing the average forecast of $67.08M by -19.89%. 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%