IAMGOLD (IAG) Stock Forecast, Price Target & Predictions
IAG Stock Forecast
IAMGOLD stock forecast is as follows: an average price target of $4.02 (represents a -25.83% downside from IAG’s last price of $5.42) and a rating consensus of 'Hold', based on 14 wall street analysts offering a 1-year stock forecast.
IAG Price Target
The average price target for IAMGOLD (IAG) is $4.02 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $6.40 to $2.25. This represents a potential -25.83% downside from IAG's last price of $5.42.
IAG Analyst Ratings
According to 14 Wall Street analysts, IAMGOLD's rating consensus is 'Hold'. The analyst rating breakdown for IAG stock is 0 'Strong Buy' (0.00%), 5 'Buy' (35.71%), 9 'Hold' (64.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
IAMGOLD Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 03, 2024 | Lawson Winder | Bank of America Securities | $6.40 | $4.94 | 29.55% | 18.08% |
| Jun 06, 2024 | Tanya Jakusconek | Scotiabank | $4.50 | $3.83 | 17.49% | -16.97% |
| Jun 05, 2024 | Jackie Przybylowski | BMO Capital | $5.00 | $3.83 | 30.55% | -7.75% |
| May 10, 2024 | Jackie Przybylowski | BMO Capital | $4.50 | $4.06 | 10.84% | -16.97% |
| Apr 05, 2024 | Jackie Przybylowski | BMO Capital | $4.25 | $3.60 | 18.06% | -21.59% |
| Sep 12, 2023 | Wayne Lam | RBC Capital | $2.75 | $2.33 | 18.28% | -49.26% |
| May 01, 2023 | Jackie Przybylowski | Loop Capital Markets | $3.25 | $2.93 | 10.92% | -40.04% |
| Oct 19, 2022 | Lawson Winder | Bank of America Securities | $1.65 | $1.23 | 34.69% | -69.56% |
| May 04, 2022 | - | Raymond James | $2.25 | $2.04 | 10.02% | -58.49% |
The latest IAMGOLD stock forecast, released on Sep 03, 2024 by Lawson Winder from Bank of America Securities, set a price target of $6.40, which represents a 29.55% increase from the stock price at the time of the forecast ($4.94), and a 18.08% increase from IAG last price ($5.42).
IAMGOLD Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 5 |
| Avg Price Target | $6.40 | $6.40 | $4.93 |
| Last Closing Price | $5.42 | $5.42 | $5.42 |
| Upside/Downside | 18.08% | 18.08% | -9.04% |
In the current month, the average price target of IAMGOLD stock is $6.40, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 18.08% increase as opposed to IAMGOLD's last price of $5.42. This month's average price target is down 0.00% compared to last quarter, and up 29.82% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 20, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| Aug 12, 2024 | CIBC | Neutral | Neutral | Hold |
| Aug 12, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Jul 17, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| Jul 10, 2024 | CIBC | Neutral | Neutral | Hold |
| Jun 06, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| May 13, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| May 13, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| May 10, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Apr 18, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
IAMGOLD's last stock rating was published by National Bank on Aug 20, 2024. The company gave IAG a "Sector Perform" rating, the same as its previous rate.
IAMGOLD Financial Forecast
IAMGOLD Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $226.20M | $-75.10M | $343.30M | $334.00M | $356.60M | $294.60M | $294.10M | $265.60M | $297.40M | $347.50M | $335.10M |
| Avg Forecast | $464.87M | $464.87M | $464.87M | $464.87M | $479.80M | $479.80M | $479.80M | $479.80M | $470.12M | $492.25M | $492.25M | $502.29M | $524.77M | $407.65M | $347.32M | $289.98M | $298.24M | $230.26M | $232.86M | $218.87M | $295.86M | $328.90M | $323.53M | $297.85M | $297.01M | $280.65M | $314.01M | $356.79M | $339.81M | $277.30M |
| High Forecast | $464.87M | $464.87M | $464.87M | $464.87M | $479.80M | $479.80M | $479.80M | $479.80M | $470.12M | $492.25M | $492.25M | $502.29M | $524.77M | $407.65M | $347.32M | $289.98M | $298.24M | $239.37M | $232.86M | $218.87M | $295.86M | $328.90M | $323.53M | $297.85M | $297.01M | $280.65M | $314.01M | $356.79M | $339.81M | $277.30M |
| Low Forecast | $464.87M | $464.87M | $464.87M | $464.87M | $479.80M | $479.80M | $479.80M | $479.80M | $470.12M | $492.25M | $492.25M | $502.29M | $524.77M | $407.65M | $347.32M | $289.98M | $298.24M | $221.15M | $232.86M | $218.87M | $295.86M | $328.90M | $323.53M | $297.85M | $297.01M | $280.65M | $314.01M | $356.79M | $339.81M | $277.30M |
| # Analysts | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | 1 | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 11 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | -0.25% | 1.04% | 1.03% | 1.20% | 0.99% | 1.05% | 0.85% | 0.83% | 1.02% | 1.21% |
IAMGOLD's average Quarter revenue forecast for Jun 23 based on 1 analysts is $232.86M, with a low forecast of $232.86M, and a high forecast of $232.86M. IAG's average Quarter revenue forecast represents a 2.95% increase compared to the company's last Quarter revenue of $226.20M (Mar 23).
IAMGOLD EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | 1 | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 11 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $62.40M | $-32.10M | $99.70M | $103.60M | $138.30M | $23.40M | $24.60M | $61.30M | $88.50M | $111.70M | $126.50M |
| Avg Forecast | $119.98M | $119.98M | $119.98M | $119.98M | $123.83M | $123.83M | $123.83M | $123.83M | $121.33M | $127.04M | $127.04M | $129.63M | $135.43M | $105.21M | $89.64M | $84.45M | $76.97M | $59.43M | $60.10M | $76.77M | $76.36M | $25.74M | $83.50M | $69.80M | $-606.37M | $23.40M | $221.40M | $177.19M | $218.68M | $53.20M |
| High Forecast | $119.98M | $119.98M | $119.98M | $119.98M | $123.83M | $123.83M | $123.83M | $123.83M | $121.33M | $127.04M | $127.04M | $129.63M | $135.43M | $105.21M | $89.64M | $101.34M | $76.97M | $61.78M | $60.10M | $92.13M | $76.36M | $30.89M | $83.50M | $83.75M | $-485.09M | $28.08M | $265.68M | $212.63M | $262.42M | $63.84M |
| Low Forecast | $119.98M | $119.98M | $119.98M | $119.98M | $123.83M | $123.83M | $123.83M | $123.83M | $121.33M | $127.04M | $127.04M | $129.63M | $135.43M | $105.21M | $89.64M | $67.56M | $76.97M | $57.08M | $60.10M | $61.42M | $76.36M | $20.59M | $83.50M | $55.84M | $-727.64M | $18.72M | $177.12M | $141.75M | $174.94M | $42.56M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | -0.42% | 3.87% | 1.24% | 1.98% | -0.04% | 1.05% | 0.28% | 0.50% | 0.51% | 2.38% |
1 analysts predict IAG's average Quarter EBITDA for Jun 23 to be $60.10M, with a high of $60.10M and a low of $60.10M. This is -3.69% lower than IAMGOLD's previous annual EBITDA (Mar 23) of $62.40M.
IAMGOLD Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | 1 | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 11 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $11.90M | $45.20M | $-109.90M | $-3.50M | $31.80M | $-204.00M | $-72.50M | $-300.00K | $19.50M | $63.10M | $-7.70M |
| Avg Forecast | $131.37M | $131.75M | $132.07M | $132.39M | $114.69M | $114.91M | $48.18M | $115.38M | $103.77M | $106.42M | $104.48M | $93.55M | $48.88M | $40.93M | $45.77M | $15.84M | $9.98M | $-12.20M | $-8.35M | $14.40M | $-14.21M | $-149.09M | $4.50M | $13.09M | $-663.82M | $-135.54M | $-12.15M | $30.71M | $88.34M | $-9.02M |
| High Forecast | $131.37M | $131.75M | $132.07M | $132.39M | $114.69M | $114.91M | $48.18M | $115.38M | $103.77M | $106.42M | $104.48M | $93.55M | $48.88M | $51.16M | $45.77M | $19.01M | $14.96M | $-12.20M | $-8.35M | $17.28M | $-14.21M | $-119.28M | $4.50M | $15.71M | $-531.06M | $-108.43M | $-9.72M | $36.85M | $106.01M | $-7.22M |
| Low Forecast | $131.37M | $131.75M | $132.07M | $132.39M | $114.69M | $114.91M | $48.18M | $115.38M | $103.77M | $106.42M | $104.48M | $93.55M | $48.88M | $25.58M | $45.77M | $12.67M | $4.99M | $-12.20M | $-8.35M | $11.52M | $-14.21M | $-178.91M | $4.50M | $10.47M | $-796.59M | $-162.65M | $-14.58M | $24.57M | $70.67M | $-10.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | -3.18% | 0.74% | -0.78% | 2.43% | 0.31% | 0.53% | 0.02% | 0.63% | 0.71% | 0.85% |
IAMGOLD's average Quarter net income forecast for Jun 23 is $-8.35M, with a range of $-8.35M to $-8.35M. IAG's average Quarter net income forecast represents a -170.19% decrease compared to the company's last Quarter net income of $11.90M (Mar 23).
IAMGOLD SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | 1 | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 11 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.70M | $7.00M | $11.80M | $17.20M | $15.10M | $8.20M | $13.70M | $11.80M | $9.60M | $11.50M | $11.50M |
| Avg Forecast | $19.98M | $19.98M | $19.98M | $19.98M | $20.62M | $20.62M | $20.62M | $20.62M | $20.20M | $21.15M | $21.15M | $21.58M | $22.55M | $17.52M | $14.92M | $10.05M | $12.82M | $9.89M | $10.01M | $9.14M | $12.71M | $27.13M | $13.90M | $8.30M | $28.04M | $24.66M | $31.86M | $50.40M | $62.02M | $13.92M |
| High Forecast | $19.98M | $19.98M | $19.98M | $19.98M | $20.62M | $20.62M | $20.62M | $20.62M | $20.20M | $21.15M | $21.15M | $21.58M | $22.55M | $17.52M | $14.92M | $12.06M | $12.82M | $10.29M | $10.01M | $10.96M | $12.71M | $32.55M | $13.90M | $9.97M | $33.65M | $29.59M | $38.23M | $60.48M | $74.42M | $16.71M |
| Low Forecast | $19.98M | $19.98M | $19.98M | $19.98M | $20.62M | $20.62M | $20.62M | $20.62M | $20.20M | $21.15M | $21.15M | $21.58M | $22.55M | $17.52M | $14.92M | $8.04M | $12.82M | $9.50M | $10.01M | $7.31M | $12.71M | $21.70M | $13.90M | $6.64M | $22.44M | $19.73M | $25.49M | $40.32M | $49.62M | $11.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.39% | 0.55% | 0.44% | 1.24% | 1.82% | 0.29% | 0.56% | 0.37% | 0.19% | 0.19% | 0.83% |
IAMGOLD's average Quarter SG&A projection for Jun 23 is $10.01M, based on 1 Wall Street analysts, with a range of $10.01M to $10.01M. The forecast indicates a -21.21% fall compared to IAG last annual SG&A of $12.70M (Mar 23).
IAMGOLD EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | 1 | 1 | 2 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 9 | 11 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.02 | $0.09 | $-0.23 | $-0.01 | $0.07 | $-0.43 | $-0.15 | $-0.01 | $0.04 | $0.13 | $-0.02 |
| Avg Forecast | $0.25 | $0.25 | $0.25 | $0.25 | $0.22 | $0.22 | $0.09 | $0.22 | $0.20 | $0.20 | $0.20 | $0.18 | $0.09 | $0.08 | $0.09 | $0.03 | $0.02 | $-0.02 | $-0.02 | $-0.04 | $-0.03 | $0.01 | $0.01 | $-0.04 | $-0.01 | - | $0.04 | $0.09 | $0.09 | $0.04 |
| High Forecast | $0.25 | $0.25 | $0.25 | $0.25 | $0.22 | $0.22 | $0.09 | $0.22 | $0.20 | $0.20 | $0.20 | $0.18 | $0.09 | $0.10 | $0.09 | $0.03 | $0.03 | $-0.02 | $-0.02 | $-0.04 | $-0.03 | $0.01 | $0.01 | $-0.04 | $-0.01 | - | $0.04 | $0.09 | $0.09 | $0.04 |
| Low Forecast | $0.25 | $0.25 | $0.25 | $0.25 | $0.22 | $0.22 | $0.09 | $0.22 | $0.20 | $0.20 | $0.20 | $0.18 | $0.09 | $0.05 | $0.09 | $0.03 | $0.01 | $-0.02 | $-0.02 | $-0.04 | $-0.03 | $0.01 | $0.01 | $-0.04 | $-0.01 | - | $0.04 | $0.09 | $0.09 | $0.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.57% | -3.53% | -17.41% | -0.80% | -1.65% | 35.42% | -33.44% | -0.28% | 0.43% | 1.46% | -0.46% |
According to 1 Wall Street analysts, IAMGOLD's projected average Quarter EPS for Jun 23 is $-0.02, with a low estimate of $-0.02 and a high estimate of $-0.02. This represents a -178.70% decrease compared to IAG previous annual EPS of $0.02 (Mar 23).
IAMGOLD Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FSM | Fortuna Silver Mines | $4.94 | $6.00 | 21.46% | Hold |
| PAAS | Pan American Silver | $21.20 | $25.00 | 17.92% | Buy |
| GFI | Gold Fields | $14.21 | $16.00 | 12.60% | Hold |
| EGO | Eldorado Gold | $17.99 | $20.00 | 11.17% | Buy |
| AEM | Agnico Eagle Mines | $83.17 | $76.26 | -8.31% | Buy |
| KGC | Kinross Gold | $9.84 | $8.99 | -8.64% | Buy |
| AU | AngloGold Ashanti | $28.61 | $25.32 | -11.50% | Buy |
| AGI | Alamos Gold | $20.69 | $18.00 | -13.00% | Buy |
| IAG | IAMGOLD | $5.42 | $4.02 | -25.83% | Hold |
| CDE | Coeur Mining | $7.28 | $5.18 | -28.85% | Buy |
IAG Forecast FAQ
Is IAMGOLD a good buy?
No, according to 14 Wall Street analysts, IAMGOLD (IAG) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 35.71% of IAG's total ratings.
What is IAG's price target?
IAMGOLD (IAG) average price target is $4.02 with a range of $2.25 to $6.4, implying a -25.83% from its last price of $5.42. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will IAMGOLD stock go up soon?
According to Wall Street analysts' prediction for IAG stock, the company can go down by -25.83% (from the last price of $5.42 to the average price target of $4.02), up by 18.08% based on the highest stock price target, and down by -58.49% based on the lowest stock price target.
Can IAMGOLD stock reach $8?
IAG's average twelve months analyst stock price target of $4.02 does not support the claim that IAMGOLD can reach $8 in the near future.
What is IAMGOLD's current price target trend?
1 Wall Street analyst forecast a $6.4 price target for IAMGOLD (IAG) this month, up 18.08% from its last price of $5.42. Compared to the last 3 and 12 months, the average price target increased by 18.08% and decreased by -9.04%, respectively.
What are IAMGOLD's analysts' financial forecasts?
IAMGOLD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.92B (high $1.92B, low $1.92B), average EBITDA is $495.32M (high $495.32M, low $495.32M), average net income is $393.16M (high $393.16M, low $393.16M), average SG&A $82.47M (high $82.47M, low $82.47M), and average EPS is $0.741 (high $0.741, low $0.741). IAG's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.86B (high $1.86B, low $1.86B), average EBITDA is $479.91M (high $479.91M, low $479.91M), average net income is $527.58M (high $527.58M, low $527.58M), average SG&A $79.9M (high $79.9M, low $79.9M), and average EPS is $0.994 (high $0.994, low $0.994).
Did the IAG's actual financial results beat the analysts' financial forecasts?
Based on IAMGOLD's last annual report (Dec 2022), the company's revenue was $958.8M, which missed the average analysts forecast of $1.25B by -23.06%. Apple's EBITDA was $300.8M, beating the average prediction of $255.39M by 17.78%. The company's net income was $-36.4M, missing the average estimation of $-146M by -75.02%. Apple's SG&A was $51.1M, missing the average forecast of $62.05M by -17.64%. Lastly, the company's EPS was $-0.0761, beating the average prediction of $-0.0447 by 70.25%. In terms of the last quarterly report (Mar 2023), IAMGOLD's revenue was $226.2M, beating the average analysts' forecast of $218.87M by 3.35%. The company's EBITDA was $62.4M, missing the average prediction of $76.77M by -18.72%. IAMGOLD's net income was $11.9M, missing the average estimation of $14.4M by -17.36%. The company's SG&A was $12.7M, beating the average forecast of $9.14M by 39.02%. Lastly, the company's EPS was $0.02, missing the average prediction of $-0.0353 by -156.72%