FY2026 EPS Estimates for Barrick Gold Increased by Analyst

Barrick Gold Co. (TSE:ABX - Free Report) NYSE: ABX - Research analysts at Stifel Canada increased their FY2026 earnings per share (EPS) estimates for Barrick Gold in a report issued on Monday, April 21st. Stifel Canada analyst R. Profiti now anticipates that the basic materials company will post earnings of $3.10 per share for the year, up from their prior forecast of $2.07. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for Barrick Gold's current full-year earnings is $2.24 per share.

Several other equities analysts also recently issued reports on ABX. UBS Group upgraded shares of Barrick Gold from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 5th. Stifel Nicolaus boosted their price target on Barrick Gold from C$34.00 to C$37.00 and gave the stock a "buy" rating in a research report on Monday, April 21st. Canaccord Genuity Group lowered their price target on Barrick Gold from C$33.50 to C$30.00 in a report on Wednesday, January 15th. National Bankshares raised their target price on shares of Barrick Gold from C$27.00 to C$33.00 and gave the company a "sector perform" rating in a research note on Wednesday, March 19th. Finally, BMO Capital Markets upgraded shares of Barrick Gold to a "hold" rating in a research report on Tuesday, April 15th. Five equities research analysts have rated the stock with a hold rating, four have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Barrick Gold currently has a consensus rating of "Moderate Buy" and a consensus price target of C$33.89.

Barrick Gold Stock Performance

Shares of TSE ABX traded up C$0.12 during mid-day trading on Wednesday, hitting C$26.53. The company had a trading volume of 1,292,165 shares, compared to its average volume of 3,595,998. The stock has a market cap of C$32.25 billion, a price-to-earnings ratio of 19.98, a PEG ratio of 2.34 and a beta of 0.48. The firm's 50 day simple moving average is C$26.91 and its two-hundred day simple moving average is C$25.39. The company has a debt-to-equity ratio of 19.83, a current ratio of 2.65 and a quick ratio of 2.62. Barrick Gold has a 12 month low of C$21.73 and a 12 month high of C$29.50.

Insider Activity

In other Barrick Gold news, Director Dennis Mark Bristow acquired 230,872 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was acquired at an average price of C$25.71 per share, with a total value of C$5,936,042.34. Also, Senior Officer Poupak Bahamin sold 17,633 shares of Barrick Gold stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of C$25.96, for a total value of C$457,781.77. 0.60% of the stock is currently owned by corporate insiders.

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.