FY2026 EPS Estimate for Eldorado Gold Decreased by Analyst

Key Points

• Scotiabank cut FY2026 EPS estimates for Eldorado Gold to $2.94 (from $3.87) on April 23, while keeping a "Sector Outperform" rating and a $56 target price.
• Multiple brokers have trimmed ratings and targets recently, leaving a MarketBeat consensus rating of "Hold" and a consensus price target of $42.00.
• Shares trade around $31.85 with a P/E of ~12.8 and a market cap near $6.32B, while the consensus current full-year EPS is $4.63, underscoring mixed near‑term and analyst expectations.

Eldorado Gold Corporation (NYSE:EGO - Free Report) TSE: ELD - Analysts at Scotiabank decreased their FY2026 earnings estimates for shares of Eldorado Gold in a report issued on Thursday, April 23rd. Scotiabank analyst T. Jakusconek now expects that the basic materials company will earn $2.94 per share for the year, down from their previous estimate of $3.87. Scotiabank currently has a "Sector Outperform" rating and a $56.00 target price on the stock. The consensus estimate for Eldorado Gold's current full-year earnings is $4.63 per share.

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD last issued its earnings results on Thursday, February 19th. The basic materials company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.01). Eldorado Gold had a net margin of 27.89% and a return on equity of 8.63%. The company had revenue of $575.14 million during the quarter, compared to analyst estimates of $500.42 million.

Other analysts have also recently issued research reports about the stock. TD Cowen decreased their price target on shares of Eldorado Gold from $45.00 to $40.00 and set a "hold" rating for the company in a research note on Tuesday, April 14th. Canadian Imperial Bank of Commerce cut shares of Eldorado Gold from a "sector outperform" rating to a "neutral" rating and set a $54.00 price target for the company. in a research note on Friday, February 20th. Canaccord Genuity Group cut shares of Eldorado Gold from a "buy" rating to a "hold" rating in a research note on Friday, February 20th. Zacks Research cut shares of Eldorado Gold from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 31st. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Eldorado Gold in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Eldorado Gold has a consensus rating of "Hold" and a consensus price target of $42.00.

Eldorado Gold Trading Down 0.7%

Shares of Eldorado Gold stock opened at $31.85 on Tuesday. The company has a fifty day simple moving average of $37.59 and a 200-day simple moving average of $35.53. Eldorado Gold has a 12-month low of $17.18 and a 12-month high of $51.16. The company has a current ratio of 1.83, a quick ratio of 1.46 and a debt-to-equity ratio of 0.29. The stock has a market cap of $6.32 billion, a price-to-earnings ratio of 12.84, a PEG ratio of 0.14 and a beta of 0.66.

Hedge Funds Weigh In On Eldorado Gold

A number of large investors have recently bought and sold shares of EGO. Headlands Technologies LLC purchased a new position in Eldorado Gold during the 2nd quarter worth $32,000. Smartleaf Asset Management LLC purchased a new position in Eldorado Gold during the 4th quarter worth $33,000. Aventura Private Wealth LLC purchased a new position in Eldorado Gold during the 4th quarter worth $36,000. Flagship Harbor Advisors LLC purchased a new position in Eldorado Gold during the 4th quarter worth $36,000. Finally, Wexford Capital LP purchased a new position in Eldorado Gold during the 3rd quarter worth $37,000. Hedge funds and other institutional investors own 69.58% of the company's stock.

Eldorado Gold Company Profile

Eldorado Gold Corporation is a Canada‐based gold producer engaged in the acquisition, exploration, development and operation of mineral properties. The company's core focus is on gold, silver and select base metals, with an emphasis on advancing projects through feasibility and into production. Eldorado Gold maintains a diversified portfolio of both producing mines and advanced‐stage development projects.

Operationally, Eldorado Gold manages multiple gold mining operations across Turkey, Canada and Greece.

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