Barrick Gold (GOLD) Stock Forecast, Price Target & Predictions


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GOLD Stock Forecast


Barrick Gold (GOLD) stock forecast, based on 9 Wall Street analysts, predicts a 12-month average price target of $23.50, with a high of $25.00 and a low of $22.00. This represents a 37.03% increase from the last price of $17.15.

$10 $13 $16 $19 $22 $25 High: $25 Avg: $23.5 Low: $22 Last Closed Price: $17.15

GOLD Stock Rating


Barrick Gold stock's rating consensus is Buy, based on 9 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (55.56%), 4 Hold (44.44%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 9 0 4 5 Strong Sell Sell Hold Buy Strong Buy

GOLD Price Target Upside V Benchmarks


TypeNameUpside
StockBarrick Gold37.03%
SectorBasic Materials Stocks 16.25%

Price Target Trends


1M3M12M
# Anlaysts--5
Avg Price Target--$24.60
Last Closing Price$17.15$17.15$17.15
Upside/Downside--43.44%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 25579--21
Jan, 25699--24
Dec, 24697--22
Nov, 246107--23
Oct, 246127--25
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Daniel MajorUBS$22.00$20.288.48%28.28%
Sep 12, 2024Tanya JakusconekScotiabank$25.00$20.5621.60%45.77%
Jul 12, 2024Matthew MurphyJefferies$23.00$18.1326.86%34.11%
Jul 10, 2024Anita SoniCIBC$27.00$17.7152.46%57.43%
Apr 17, 2024Jackie PrzybylowskiBMO Capital$26.00$16.4857.77%51.60%
Nov 22, 2022RBC Capital$20.00$15.3530.29%16.62%
May 02, 2022Matthew MurphyBarclays$28.00$22.0027.27%63.27%
Mar 16, 2022Christopher LaFeminaJefferies$24.00$23.611.65%39.94%
Feb 18, 2022Michael JalonenBank of America Securities$31.00$23.1433.97%80.76%
Nov 16, 2021Jackie PrzybylowskiBMO Capital$29.00$20.2643.14%69.10%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024UBSNeutraldowngrade
Oct 04, 2024JefferiesBuyBuyhold
Sep 12, 2024ScotiabankSector OutperformSector Outperformhold
Aug 19, 2024ScotiabankOutperformOutperformhold
Jul 12, 2024JefferiesBuyBuyhold
Jul 10, 2024CIBCOutperformOutperformhold
Apr 19, 2024National BankSector PerformSector Performhold
Apr 17, 2024BMO CapitalOutperformOutperformhold
Apr 05, 2024National BankOutperformOutperformhold
Jan 17, 2024BMO CapitalOutperformOutperformhold

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.03$1.85$0.57$0.74-----
Avg Forecast$1.14$1.11$0.74$0.79$1.24$1.62$1.68$1.66$1.24
High Forecast$0.93$0.91$0.69$0.73$1.14$1.39$1.50$1.48$1.11
Low Forecast$1.28$1.25$0.78$0.86$1.32$2.08$1.85$1.83$1.36
Surprise %78.07%66.67%-22.97%-6.33%-----

Revenue Forecast

$10B $12B $13B $15B $16B $18B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$12.60B$11.98B$11.01B$11.59B-----
Avg Forecast$12.72B$11.88B$10.87B$11.75B$13.16B$14.76B$15.22B$15.44B$15.87B
High Forecast$10.95B$10.23B$10.24B$11.72B$13.15B$13.75B$13.99B$14.19B$14.59B
Low Forecast$13.91B$12.99B$11.24B$11.78B$13.18B$15.77B$16.44B$16.67B$17.14B
Surprise %-0.99%0.88%1.28%-1.42%-----

Net Income Forecast

$1B $2B $2B $3B $3B $4B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$3.61B$3.29B$1.02B$1.30B-----
Avg Forecast$1.89B$1.80B$1.83B$2.02B$2.18B$2.84B$2.95B$2.90B$2.17B
High Forecast$1.51B$1.44B$1.47B$1.61B$2.00B$2.45B$2.64B$2.60B$1.94B
Low Forecast$2.27B$2.16B$2.20B$2.42B$2.32B$3.65B$3.25B$3.21B$2.40B
Surprise %91.38%82.80%-44.49%-35.72%-----

GOLD Forecast FAQ


Is Barrick Gold stock a buy?

Barrick Gold stock has a consensus rating of Buy, based on 9 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 4 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Barrick Gold is a favorable investment for most analysts.

What is Barrick Gold's price target?

Barrick Gold's price target, set by 9 Wall Street analysts, averages $23.5 over the next 12 months. The price target range spans from $22 at the low end to $25 at the high end, suggesting a potential 37.03% change from the previous closing price of $17.15.

How does Barrick Gold stock forecast compare to its benchmarks?

Barrick Gold's stock forecast shows a 37.03% upside, outperforming the average forecast for the basic materials stocks sector (16.25%).

What is the breakdown of analyst ratings for Barrick Gold over the past three months?

  • February 2025: 23.81% Strong Buy, 33.33% Buy, 42.86% Hold, 0% Sell, 0% Strong Sell.
  • January 2025: 25.00% Strong Buy, 37.50% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 27.27% Strong Buy, 40.91% Buy, 31.82% Hold, 0% Sell, 0% Strong Sell.

What is Barrick Gold’s EPS forecast?

Barrick Gold's average annual EPS forecast for its fiscal year ending in December is $1.24 for 2024, a 67.57% increase from the reported $0.74 in 2023. The prediction for 2025 is $1.62, $1.68 for 2026, $1.66 for 2027, and $1.24 for 2028.

What is Barrick Gold’s revenue forecast?

Barrick Gold's average annual revenue forecast for its fiscal year ending in December is $13.16B for 2024, a 13.58% increase from the reported $11.59B in 2023. The forecast for 2025 is $14.76B, $15.22B for 2026, $15.44B for 2027, and $15.87B for 2028.

What is Barrick Gold’s net income forecast?

For its fiscal year ending in December, Barrick Gold's average annual net income forecast is $2.18B for 2024, reflecting an 68.19% increase from the reported $1.3B in 2023. The projection for 2025 is $2.84B, $2.95B for 2026, $2.9B for 2027, and $2.17B for 2028.