Barrick Gold Q1 EPS Cut by Raymond James Financial

Key Points

• Raymond James Financial has cut its Q1 2026 earnings estimate for Barrick Gold from $0.86 to $0.72 per share, while the full-year earnings consensus is at $2.24 per share.
• Multiple brokerages have raised their ratings and price targets for Barrick Gold, including upgrades to "strong-buy" from National Bank Financial and Cibc World Mkts.
• Insider selling has occurred recently, with significant stock sales by insiders Joel James Holliday and Grant Bill Beringer, reducing their ownership stakes by 13.91% and 26.20% respectively.

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Investment analysts at Raymond James Financial decreased their Q1 2026 earnings estimates for shares of Barrick Gold in a research note issued to investors on Monday, September 22nd. Raymond James Financial analyst B. Macarthur now anticipates that the basic materials company will earn $0.72 per share for the quarter, down from their prior forecast of $0.86. The consensus estimate for Barrick Gold's current full-year earnings is $2.24 per share. Raymond James Financial also issued estimates for Barrick Gold's Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.77 EPS and Q4 2026 earnings at $0.77 EPS.

Several other brokerages also recently commented on ABX. National Bank Financial upgraded shares of Barrick Gold from a "hold" rating to a "strong-buy" rating in a report on Friday. BMO Capital Markets increased their price objective on shares of Barrick Gold from C$37.00 to C$41.00 in a research report on Monday. Cibc World Mkts raised shares of Barrick Gold from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 12th. Cormark upped their target price on shares of Barrick Gold from C$35.00 to C$45.00 in a research note on Thursday, September 18th. Finally, National Bankshares upgraded Barrick Gold from a "sector perform" rating to an "outperform" rating and increased their target price for the stock from C$36.00 to C$51.00 in a report on Monday. Four research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of C$37.33.

Barrick Gold Trading Up 7.4%

TSE:ABX opened at C$48.94 on Tuesday. The company has a debt-to-equity ratio of 19.83, a current ratio of 2.65 and a quick ratio of 2.62. The business's 50-day simple moving average is C$34.61 and its 200-day simple moving average is C$29.84. Barrick Gold has a fifty-two week low of C$21.73 and a fifty-two week high of C$49.33. The stock has a market capitalization of C$83.49 billion, a PE ratio of 30.78, a price-to-earnings-growth ratio of 2.34 and a beta of 0.72.

Insider Buying and Selling at Barrick Gold

In other news, insider Joel James Holliday sold 13,588 shares of the business's stock in a transaction on Thursday, September 18th. The shares were sold at an average price of C$40.38, for a total value of C$548,735.07. Following the sale, the insider owned 84,087 shares of the company's stock, valued at C$3,395,752.59. The trade was a 13.91% decrease in their ownership of the stock. Also, insider Grant Bill Beringer sold 38,000 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of C$41.13, for a total transaction of C$1,562,959.00. Following the transaction, the insider owned 107,047 shares of the company's stock, valued at C$4,402,896.63. The trade was a 26.20% decrease in their position. In the last three months, insiders sold 62,990 shares of company stock worth $2,580,075. Company insiders own 0.60% of the company's stock.

Barrick Gold Company Profile

Barrick Gold Corp is one of the world's largest gold producers, operating mines in North America, South America, Australia, and Africa. The company segments consist of nine gold mines namely Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, and Bulyanhulu. It generates maximum revenue from the Carlin mine segment.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.