Kinross Gold (KGC) Stock Forecast, Price Target & Predictions
KGC Stock Forecast
Kinross Gold stock forecast is as follows: an average price target of $8.99 (represents a -8.64% downside from KGC’s last price of $9.84) 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 -8.64% downside from KGC's last price of $9.84.
KGC Analyst Ratings
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% | 11.79% |
| Jul 10, 2024 | Anita Soni | CIBC | $12.00 | $8.86 | 35.40% | 21.95% |
| Dec 06, 2022 | - | RBC Capital | $4.00 | $4.26 | -6.08% | -59.35% |
| May 02, 2022 | Jackie Przybylowski | BMO Capital | $9.75 | $4.92 | 98.17% | -0.91% |
| Mar 13, 2022 | Jackie Przybylowski | BMO Capital | $10.50 | $5.63 | 86.50% | 6.71% |
| Mar 03, 2022 | Tyler Langton | J.P. Morgan | $8.00 | $5.26 | 52.09% | -18.70% |
| Mar 03, 2022 | Michael Jalonen | Bank of America Securities | $7.50 | $5.26 | 42.59% | -23.78% |
| Feb 18, 2022 | Jackie Przybylowski | BMO Capital | $11.00 | $5.82 | 89.00% | 11.79% |
| Feb 17, 2022 | Ralph M. Profiti | Eight Capital | $9.55 | $5.78 | 65.21% | -2.96% |
| Feb 17, 2022 | Farooq Hamed | Raymond James | $7.96 | $5.78 | 37.67% | -19.13% |
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 11.79% increase from KGC last price ($9.84).
Kinross Gold Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 2 |
| Avg Price Target | $11.00 | $11.50 | $11.50 |
| Last Closing Price | $9.84 | $9.84 | $9.84 |
| Upside/Downside | 11.79% | 16.87% | 16.87% |
In the current month, the average price target of Kinross Gold stock is $11.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 11.79% increase as opposed to Kinross Gold's last price of $9.84. This month's average price target is down -4.35% compared to last quarter, and down -4.35% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
| May 02, 2022 | National Bank | - | Hold | Downgrade |
Kinross Gold's last stock rating was published by Scotiabank on Aug 19, 2024. The company gave KGC a "Outperform" 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 | $1.04B | $1.04B | $1.04B | $1.03B | $1.03B | $1.03B | $1.03B | $1.03B | $1.08B | $1.13B | $1.13B | $1.17B | $1.55B | $1.24B | $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 | $1.04B | $1.04B | $1.04B | $1.03B | $1.03B | $1.03B | $1.03B | $1.03B | $1.08B | $1.13B | $1.13B | $1.17B | $1.55B | $1.24B | $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 | $1.04B | $1.04B | $1.04B | $1.03B | $1.03B | $1.03B | $1.03B | $1.03B | $1.08B | $1.13B | $1.13B | $1.17B | $1.55B | $1.24B | $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 | 2 | 1 | 1 | - | - | - | - | - | - | - | - | 6 | 4 |
| 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 0 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 | 2 | 1 | 1 | - | - | - | - | - | - | - | - | 6 | 4 |
| 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 | $462.91M | $462.45M | $461.08M | $458.32M | $458.46M | $458.46M | $458.46M | $458.88M | $481.71M | $504.70M | $504.01M | $522.50M | $689.63M | $551.72M | $532.63M | $-456.76M | $471.56M | $476.52M | $449.59M | $-415.23M | $462.72M | $209.09M | $452.59M | $-377.49M | $156.80M | $190.08M | $407.40M | $246.70M | $753.18M | $311.02M |
| High Forecast | $462.91M | $462.45M | $461.08M | $458.32M | $458.46M | $458.46M | $458.46M | $458.88M | $481.71M | $504.70M | $504.01M | $522.50M | $689.63M | $551.72M | $532.63M | $-365.41M | $471.56M | $491.33M | $449.59M | $-332.19M | $462.72M | $250.91M | $452.59M | $-301.99M | $188.16M | $228.10M | $488.88M | $296.04M | $903.81M | $373.22M |
| Low Forecast | $462.91M | $462.45M | $461.08M | $458.32M | $458.46M | $458.46M | $458.46M | $458.88M | $481.71M | $504.70M | $504.01M | $522.50M | $689.63M | $551.72M | $532.63M | $-548.11M | $471.56M | $461.72M | $449.59M | $-498.28M | $462.72M | $167.27M | $452.59M | $-452.98M | $125.44M | $152.06M | $325.92M | $197.36M | $602.54M | $248.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | - | - | -0.89% | 0.39% | 1.42% | 0.53% | -0.74% | 1.50% | 1.51% | 1.00% | 1.84% | 1.62% | 1.93% |
0 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 | 2 | 1 | 1 | - | - | - | - | - | - | - | - | 6 | 4 |
| 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 | $187.80M | $207.76M | $210.10M | $211.57M | $162.29M | $136.90M | $129.14M | $125.94M | $194.34M | $199.10M | $212.57M | $209.97M | $247.87M | $198.01M | $169.92M | $-724.34M | $121.74M | $122.50M | $108.81M | $-658.49M | $89.31M | $-32.60M | $101.06M | $-598.63M | $-1.80M | $-29.63M | $119.30M | $149.50M | $605.28M | $194.85M |
| High Forecast | $187.80M | $207.76M | $210.10M | $211.57M | $162.29M | $136.90M | $129.14M | $125.94M | $194.34M | $199.10M | $212.57M | $209.97M | $247.87M | $226.30M | $169.92M | $-579.47M | $175.85M | $147.00M | $108.81M | $-526.79M | $89.31M | $-26.08M | $101.06M | $-478.90M | $-1.44M | $-23.71M | $143.16M | $179.40M | $726.33M | $233.82M |
| Low Forecast | $187.80M | $207.76M | $210.10M | $211.57M | $162.29M | $136.90M | $129.14M | $125.94M | $194.34M | $199.10M | $212.57M | $209.97M | $247.87M | $169.72M | $169.92M | $-869.21M | $94.69M | $98.00M | $108.81M | $-790.19M | $89.31M | $-39.12M | $101.06M | $-718.35M | $-2.16M | $-35.56M | $95.44M | $119.60M | $484.22M | $155.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | - | - | -0.14% | -1.20% | -1.99% | -0.09% | -0.14% | 1.67% | 1.55% | 1.00% | 1.00% | 1.29% | 1.24% |
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 | 2 | 1 | 1 | - | - | - | - | - | - | - | - | 6 | 4 |
| 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 | $34.10M | $34.07M | $33.96M | $33.76M | $33.77M | $33.77M | $33.77M | $33.80M | $35.48M | $37.18M | $37.13M | $38.49M | $50.80M | $40.64M | $39.23M | $41.76M | $34.74M | $35.10M | $33.12M | $37.97M | $34.09M | $21.20M | $33.34M | $34.51M | $21.33M | $19.27M | $31.40M | $34.00M | $27.90M | $20.48M |
| High Forecast | $34.10M | $34.07M | $33.96M | $33.76M | $33.77M | $33.77M | $33.77M | $33.80M | $35.48M | $37.18M | $37.13M | $38.49M | $50.80M | $40.64M | $39.23M | $50.11M | $34.74M | $36.19M | $33.12M | $45.56M | $34.09M | $25.44M | $33.34M | $41.42M | $25.60M | $23.13M | $37.68M | $40.80M | $33.47M | $24.58M |
| Low Forecast | $34.10M | $34.07M | $33.96M | $33.76M | $33.77M | $33.77M | $33.77M | $33.80M | $35.48M | $37.18M | $37.13M | $38.49M | $50.80M | $40.64M | $39.23M | $33.41M | $34.74M | $34.01M | $33.12M | $30.37M | $34.09M | $16.96M | $33.34M | $27.61M | $17.07M | $15.42M | $25.12M | $27.20M | $22.32M | $16.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | - | - | 0.64% | 0.86% | 1.90% | 0.90% | 0.88% | 1.50% | 1.52% | 1.00% | 1.00% | 1.29% | 1.24% |
Kinross Gold's average Quarter SG&A projection for Mar 24 is $41.76M, based on 0 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 | 2 | 1 | 1 | - | - | - | - | - | - | - | - | 6 | 4 |
| 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 | $0.15 | $0.17 | $0.17 | $0.17 | $0.13 | $0.11 | $0.10 | $0.10 | $0.16 | $0.16 | $0.17 | $0.17 | $0.20 | $0.16 | $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 | $0.15 | $0.17 | $0.17 | $0.17 | $0.13 | $0.11 | $0.10 | $0.10 | $0.16 | $0.16 | $0.17 | $0.17 | $0.20 | $0.18 | $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 | $0.15 | $0.17 | $0.17 | $0.17 | $0.13 | $0.11 | $0.10 | $0.10 | $0.16 | $0.16 | $0.17 | $0.17 | $0.20 | $0.14 | $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 0 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 |
|---|---|---|---|---|---|
| FNV | Franco-Nevada | $125.13 | $157.31 | 25.72% | Buy |
| PAAS | Pan American Silver | $21.20 | $25.00 | 17.92% | Buy |
| NEM | Newmont | $53.71 | $62.09 | 15.60% | 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 |
| WPM | Wheaton Precious Metals | $62.56 | $54.28 | -13.24% | Buy |
| CDE | Coeur Mining | $7.28 | $5.18 | -28.85% | 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 -8.64% from its last price of $9.84. 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 -8.64% (from the last price of $9.84 to the average price target of $8.99), up by 21.95% based on the highest stock price target, and down by -59.35% based on the lowest stock price target.
Can Kinross Gold stock reach $15?
KGC's average twelve months analyst stock price target of $8.99 does not support the claim that Kinross Gold can reach $15 in the near future.
What is Kinross Gold's current price target trend?
1 Wall Street analyst forecast a $11 price target for Kinross Gold (KGC) this month, up 11.79% from its last price of $9.84. Compared to the last 3 and 12 months, the average price target increased by 16.87% and increased by 16.87%, respectively.
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 $4.12B (high $4.12B, low $4.12B), average EBITDA is $1.83B (high $1.83B, low $1.83B), average net income is $554.27M (high $554.27M, low $554.27M), average SG&A $135.12M (high $135.12M, low $135.12M), and average EPS is $0.449 (high $0.449, low $0.449). KGC's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $4.14B (high $4.14B, low $4.14B), average EBITDA is $1.84B (high $1.84B, low $1.84B), average net income is $817.24M (high $817.24M, low $817.24M), average SG&A $135.89M (high $135.89M, low $135.89M), and average EPS is $0.662 (high $0.662, low $0.662).
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 $746.91M by 31.80%. The company's net income was $30.6M, missing the average estimation of $-441M by -106.94%. Apple's SG&A was $129.8M, beating the average forecast of $123.14M by 5.41%. 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 $471.56M by 1.38%. Kinross Gold's net income was $67.21M, missing the average estimation of $121.74M by -44.80%. 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%