Gold.com (GOLD) Stock Forecast & Price Target

Gold.com
Bear Case

Investors should be bearish about investing in Barrick Gold Corp for these reasons:

• Recent insider activity has been heavily skewed toward selling, with Director Jeffrey Benjamin selling over 39,000 shares in late September 2026 and CEO Gregory N Roberts selling 50,000 shares in early September, which may signal a lack of confidence in the stock's near-term performance from those closest to the company.
• The company recently reported earnings per share of $0.41, which missed the consensus estimate of $0.96 by a wide margin, and revenue of $5.01 billion also fell short of the expected $5.67 billion, indicating potential operational challenges or lower-than-expected demand in its core business segments.
• Short interest has been increasing, with shares shorted rising to 3,493,104 in the most recent reporting period, representing a short percentage of float of approximately 12.06%, which suggests that a significant portion of the market is betting against the stock's price appreciation.
• The stock is trading well below its 52-week high of $66.70, having declined from levels seen earlier in the year, which indicates a persistent downward trend and potential difficulty in regaining investor confidence after the recent earnings disappointment.
• Some analysts have recently downgraded their ratings on the stock, with Wall Street Zen lowering its rating from "hold" to "sell" and Zacks Research reducing its rating from "strong-buy" to "hold," reflecting growing concerns about the company's valuation and future growth prospects.