Kinross Gold (KGC) Stock Forecast, Price Target & Predictions

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KGC Stock Forecast

Kinross Gold stock forecast is as follows: an average price target of $8.99 (represents a -10.10% downside from KGC’s last price of $10.00) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

KGC Price Target

The average price target for Kinross Gold (KGC) is $8.99 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $12.00 to $4.00. This represents a potential -10.10% downside from KGC's last price of $10.00.

KGC Analyst Ratings

Buy

According to 8 Wall Street analysts, Kinross Gold's rating consensus is 'Buy'. The analyst rating breakdown for KGC stock is 0 'Strong Buy' (0.00%), 4 'Buy' (50.00%), 3 'Hold' (37.50%), 1 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).

Kinross Gold Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Aug 19, 2024	Tanya Jakusconek	Scotiabank	$11.00	$9.24	19.01%	10.00%
Jul 10, 2024	Anita Soni	CIBC	$12.00	$8.86	35.40%	20.00%
Dec 06, 2022	-	RBC Capital	$4.00	$4.26	-6.08%	-60.00%
May 02, 2022	Jackie Przybylowski	BMO Capital	$9.75	$4.92	98.17%	-2.50%
Mar 13, 2022	Jackie Przybylowski	BMO Capital	$10.50	$5.63	86.50%	5.00%
Mar 03, 2022	Tyler Langton	J.P. Morgan	$8.00	$5.26	52.09%	-20.00%
Mar 03, 2022	Michael Jalonen	Bank of America Securities	$7.50	$5.26	42.59%	-25.00%
Feb 18, 2022	Jackie Przybylowski	BMO Capital	$11.00	$5.82	89.00%	10.00%
Feb 17, 2022	Ralph M. Profiti	Eight Capital	$9.55	$5.78	65.21%	-4.51%
Feb 17, 2022	Farooq Hamed	Raymond James	$7.96	$5.78	37.67%	-20.43%

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The latest Kinross Gold stock forecast, released on Aug 19, 2024 by Tanya Jakusconek from Scotiabank, set a price target of $11.00, which represents a 19.01% increase from the stock price at the time of the forecast ($9.24), and a 10.00% increase from KGC last price ($10.00).

Kinross Gold Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$11.50
Last Closing Price	$10.00	$10.00	$10.00
Upside/Downside	-100.00%	-100.00%	15.00%

In the current month, the average price target of Kinross 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 Kinross Gold's last price of $10.00. 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
Oct 04, 2024	Jefferies	Hold	Hold	Hold
Aug 19, 2024	Scotiabank	Outperform	Outperform	Hold
Jul 23, 2024	Raymond James	Market Perform	Market Perform	Hold
Jul 17, 2024	National Bank	Outperform	Outperform	Hold
Jul 12, 2024	Jefferies	Hold	Hold	Hold
Jul 10, 2024	CIBC	Outperform	Outperform	Hold
May 23, 2024	Scotiabank	Outperform	Outperform	Hold
May 09, 2024	National Bank	Outperform	Outperform	Hold
Apr 05, 2024	National Bank	Outperform	Outperform	Hold
Dec 06, 2022	RBC Capital	Sector Perform	Sector Perform	Hold

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Kinross Gold's last stock rating was published by Jefferies on Oct 04, 2024. The company gave KGC a "Hold" rating, the same as its previous rate.

Kinross Gold Financial Forecast

Kinross Gold 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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.15B	-	-	$929.30M	$1.08B	$856.50M	$821.50M	$768.00M	$879.50M	$862.50M	$1.00B	$986.50M	$1.20B	$1.13B
Avg Forecast	$1.00B	$1.00B	$998.43M	$992.47M	$992.77M	$992.77M	$992.77M	$993.67M	$1.04B	$1.09B	$1.09B	$1.13B	$1.49B	$1.34B	$1.20B	$1.04B	$1.06B	$1.07B	$1.01B	$935.39M	$1.04B	$983.34M	$1.02B	$1.02B	$926.55M	$875.65M	$1.03B	$1.07B	$1.14B	$1.14B
High Forecast	$1.00B	$1.00B	$998.43M	$992.47M	$992.77M	$992.77M	$992.77M	$993.67M	$1.04B	$1.09B	$1.09B	$1.13B	$1.49B	$1.34B	$1.20B	$1.04B	$1.06B	$1.10B	$1.01B	$935.39M	$1.04B	$983.34M	$1.02B	$1.02B	$926.55M	$875.65M	$1.03B	$1.07B	$1.14B	$1.14B
Low Forecast	$1.00B	$1.00B	$998.43M	$992.47M	$992.77M	$992.77M	$992.77M	$993.67M	$1.04B	$1.09B	$1.09B	$1.13B	$1.49B	$1.34B	$1.20B	$1.04B	$1.06B	$1.04B	$1.01B	$935.39M	$1.04B	$983.34M	$1.02B	$1.02B	$926.55M	$875.65M	$1.03B	$1.07B	$1.14B	$1.14B
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	10
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.08%	-	-	0.99%	1.04%	0.87%	0.81%	0.76%	0.95%	0.98%	0.97%	0.93%	1.05%	0.99%

Kinross Gold's average Quarter revenue forecast for Mar 24 based on 1 analysts is $1.04B, with a low forecast of $1.04B, and a high forecast of $1.04B. KGC's average Quarter revenue forecast represents a -9.71% decrease compared to the company's last Quarter revenue of $1.15B (Dec 23).

Kinross Gold 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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	10
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$478.06M	-	-	$369.60M	$181.50M	$297.80M	$241.10M	$280.10M	$234.90M	$287.00M	$406.50M	$453.40M	$1.22B	$598.80M
Avg Forecast	$417.70M	$417.29M	$416.05M	$413.56M	$413.69M	$413.69M	$413.69M	$414.07M	$434.66M	$455.41M	$454.79M	$471.48M	$622.68M	$560.37M	$498.56M	$-456.76M	$441.40M	$446.05M	$420.84M	$-415.23M	$172.48M	$437.76M	$452.59M	$-377.49M	$412.48M	$389.82M	$460.70M	$246.70M	$508.31M	$508.95M
High Forecast	$417.70M	$417.29M	$416.05M	$413.56M	$413.69M	$413.69M	$413.69M	$414.07M	$434.66M	$455.41M	$454.79M	$471.48M	$622.68M	$560.37M	$498.56M	$-365.41M	$441.40M	$459.90M	$420.84M	$-332.19M	$206.98M	$437.76M	$452.59M	$-301.99M	$412.48M	$389.82M	$460.70M	$296.04M	$508.31M	$508.95M
Low Forecast	$417.70M	$417.29M	$416.05M	$413.56M	$413.69M	$413.69M	$413.69M	$414.07M	$434.66M	$455.41M	$454.79M	$471.48M	$622.68M	$560.37M	$498.56M	$-548.11M	$441.40M	$432.19M	$420.84M	$-498.28M	$137.98M	$437.76M	$452.59M	$-452.98M	$412.48M	$389.82M	$460.70M	$197.36M	$508.31M	$508.95M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.08%	-	-	-0.89%	1.05%	0.68%	0.53%	-0.74%	0.57%	0.74%	0.88%	1.84%	2.41%	1.18%

1 analysts predict KGC's average Quarter EBITDA for Mar 24 to be $-456.76M, with a high of $-365.41M and a low of $-548.11M. This is -195.54% lower than Kinross Gold's previous annual EBITDA (Dec 23) of $478.06M.

Kinross Gold 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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	10
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$67.21M	-	-	$90.20M	$-106.80M	$64.90M	$-9.50M	$82.20M	$-3.00M	$-45.90M	$119.30M	$149.50M	$783.30M	$240.70M
Avg Forecast	$320.63M	$345.99M	$348.31M	$348.07M	$278.80M	$247.83M	$238.06M	$233.68M	$249.06M	$242.60M	$243.94M	$247.65M	$293.69M	$234.76M	$169.97M	$-724.34M	$121.78M	$122.54M	$108.85M	$-658.49M	$-1.98M	$68.67M	$100.65M	$-598.63M	$78.15M	$65.94M	$157.55M	$149.50M	$268.98M	$253.65M
High Forecast	$320.63M	$345.99M	$348.31M	$348.07M	$278.80M	$247.83M	$238.06M	$233.68M	$249.06M	$242.60M	$243.94M	$320.50M	$352.44M	$234.76M	$171.16M	$-579.47M	$175.91M	$147.04M	$108.85M	$-526.79M	$-1.58M	$68.67M	$100.65M	$-478.90M	$78.15M	$65.94M	$157.55M	$179.40M	$268.98M	$253.65M
Low Forecast	$320.63M	$345.99M	$348.31M	$348.07M	$278.80M	$247.83M	$238.06M	$233.68M	$249.06M	$242.60M	$243.94M	$174.81M	$205.59M	$234.76M	$168.79M	$-869.21M	$94.72M	$98.03M	$108.85M	$-790.19M	$-2.38M	$68.67M	$100.65M	$-718.35M	$78.15M	$65.94M	$157.55M	$119.60M	$268.98M	$253.65M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.55%	-	-	-0.14%	53.94%	0.95%	-0.09%	-0.14%	-0.04%	-0.70%	0.76%	1.00%	2.91%	0.95%

Kinross Gold's average Quarter net income forecast for Mar 24 is $-724.34M, with a range of $-869.21M to $-579.47M. KGC's average Quarter net income forecast represents a -1177.77% decrease compared to the company's last Quarter net income of $67.21M (Dec 23).

Kinross Gold 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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	10
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$27.23M	-	-	$24.40M	$29.30M	$40.30M	$30.00M	$30.20M	$32.00M	$29.20M	$31.40M	$34.00M	$36.10M	$25.30M
Avg Forecast	$32.87M	$32.84M	$32.74M	$32.55M	$32.56M	$32.56M	$32.56M	$32.59M	$34.21M	$35.84M	$35.79M	$37.10M	$49.00M	$44.10M	$39.23M	$41.76M	$34.74M	$35.10M	$33.12M	$37.97M	$23.47M	$32.25M	$33.34M	$34.51M	$30.38M	$28.72M	$33.94M	$34.00M	$37.44M	$37.49M
High Forecast	$32.87M	$32.84M	$32.74M	$32.55M	$32.56M	$32.56M	$32.56M	$32.59M	$34.21M	$35.84M	$35.79M	$37.10M	$49.00M	$44.10M	$39.23M	$50.11M	$34.74M	$36.19M	$33.12M	$45.56M	$28.16M	$32.25M	$33.34M	$41.42M	$30.38M	$28.72M	$33.94M	$40.80M	$37.44M	$37.49M
Low Forecast	$32.87M	$32.84M	$32.74M	$32.55M	$32.56M	$32.56M	$32.56M	$32.59M	$34.21M	$35.84M	$35.79M	$37.10M	$49.00M	$44.10M	$39.23M	$33.41M	$34.74M	$34.01M	$33.12M	$30.37M	$18.77M	$32.25M	$33.34M	$27.61M	$30.38M	$28.72M	$33.94M	$27.20M	$37.44M	$37.49M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.78%	-	-	0.64%	1.25%	1.25%	0.90%	0.88%	1.05%	1.02%	0.93%	1.00%	0.96%	0.67%

Kinross Gold's average Quarter SG&A projection for Mar 24 is $41.76M, based on 1 Wall Street analysts, with a range of $33.41M to $50.11M. The forecast indicates a 53.36% rise compared to KGC last annual SG&A of $27.23M (Dec 23).

Kinross Gold 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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	10
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.05	-	-	$0.07	$-0.08	$0.05	$-0.01	$0.07	$-0.00	$-0.04	$0.09	$0.12	$0.62	$0.19
Avg Forecast	$0.26	$0.28	$0.28	$0.28	$0.23	$0.20	$0.19	$0.19	$0.20	$0.20	$0.20	$0.20	$0.24	$0.19	$0.14	$0.06	$0.10	$0.10	$0.09	$0.04	$0.07	$0.06	$0.08	$0.07	$0.06	$0.05	$0.13	$0.15	$0.22	$0.21
High Forecast	$0.26	$0.28	$0.28	$0.28	$0.23	$0.20	$0.19	$0.19	$0.20	$0.20	$0.20	$0.26	$0.29	$0.19	$0.14	$0.06	$0.14	$0.12	$0.09	$0.04	$0.07	$0.06	$0.08	$0.07	$0.06	$0.05	$0.13	$0.15	$0.22	$0.21
Low Forecast	$0.26	$0.28	$0.28	$0.28	$0.23	$0.20	$0.19	$0.19	$0.20	$0.20	$0.20	$0.14	$0.17	$0.19	$0.14	$0.06	$0.08	$0.08	$0.09	$0.04	$0.07	$0.06	$0.08	$0.07	$0.06	$0.05	$0.13	$0.15	$0.22	$0.21
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.55%	-	-	1.68%	-1.14%	0.90%	-0.09%	0.91%	-0.04%	-0.68%	0.71%	0.80%	2.84%	0.92%

According to 1 Wall Street analysts, Kinross Gold's projected average Quarter EPS for Mar 24 is $0.06, with a low estimate of $0.06 and a high estimate of $0.06. This represents a 13.93% increase compared to KGC previous annual EPS of $0.05 (Dec 23).

Kinross Gold Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
NEM	Newmont	$43.18	$62.59	44.95%	Buy
FNV	Franco-Nevada	$121.26	$154.25	27.21%	Buy
EGO	Eldorado Gold	$16.33	$20.00	22.47%	Buy
PAAS	Pan American Silver	$22.75	$25.00	9.89%	Buy
GFI	Gold Fields	$14.99	$16.00	6.74%	Hold
AU	AngloGold Ashanti	$25.15	$25.32	0.68%	Buy
AEM	Agnico Eagle Mines	$82.45	$78.94	-4.26%	Buy
WPM	Wheaton Precious Metals	$62.59	$56.34	-9.99%	Buy
KGC	Kinross Gold	$10.00	$8.99	-10.10%	Buy
CDE	Coeur Mining	$6.66	$5.73	-13.96%	Buy

KGC Forecast FAQ

Is Kinross Gold a good buy?

Yes, according to 8 Wall Street analysts, Kinross Gold (KGC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 50.00% of KGC's total ratings.

What is KGC's price target?

Kinross Gold (KGC) average price target is $8.99 with a range of $4 to $12, implying a -10.10% from its last price of $10. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Kinross Gold stock go up soon?

According to Wall Street analysts' prediction for KGC stock, the company can go down by -10.10% (from the last price of $10 to the average price target of $8.99), up by 20.00% based on the highest stock price target, and down by -60.00% based on the lowest stock price target.

Can Kinross Gold stock reach $20?

KGC's average twelve months analyst stock price target of $8.99 does not support the claim that Kinross Gold can reach $20 in the near future.

What are Kinross Gold's analysts' financial forecasts?

Kinross Gold's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.97B (high $3.97B, low $3.97B), average EBITDA is $1.66B (high $1.66B, low $1.66B), average net income is $998.37M (high $998.37M, low $998.37M), average SG&A $130.25M (high $130.25M, low $130.25M), and average EPS is $0.809 (high $0.809, low $0.809). KGC's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $3.99B (high $3.99B, low $3.99B), average EBITDA is $1.66B (high $1.66B, low $1.66B), average net income is $1.36B (high $1.36B, low $1.36B), average SG&A $131M (high $131M, low $131M), and average EPS is $1.1 (high $1.1, low $1.1).

Did the KGC's actual financial results beat the analysts' financial forecasts?

Based on Kinross Gold's last annual report (Dec 2022), the company's revenue was $3.46B, which missed the average analysts forecast of $4.06B by -14.80%. Apple's EBITDA was $984.4M, beating the average prediction of $685.34M by 43.64%. The company's net income was $30.6M, missing the average estimation of $-431M by -107.10%. Apple's SG&A was $129.8M, beating the average forecast of $123.57M by 5.04%. Lastly, the company's EPS was $0.0239, missing the average prediction of $0.281 by -91.49%. In terms of the last quarterly report (Dec 2023), Kinross Gold's revenue was $1.15B, beating the average analysts' forecast of $1.06B by 8.24%. The company's EBITDA was $478.06M, beating the average prediction of $441.4M by 8.30%. Kinross Gold's net income was $67.21M, missing the average estimation of $121.78M by -44.81%. The company's SG&A was $27.23M, missing the average forecast of $34.74M by -21.60%. Lastly, the company's EPS was $0.0547, missing the average prediction of $0.0986 by -44.55%