Brokers Offer Predictions for Barrick Gold FY2026 Earnings

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Investment analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for shares of Barrick Gold in a report issued on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings of $4.71 per share for the year, up from their prior forecast of $4.60. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share. Scotiabank also issued estimates for Barrick Gold’s FY2027 earnings at $5.24 EPS.

Barrick Gold (TSE:ABX) (NYSE:ABX) last announced its earnings results on Monday, May 11th. The basic materials company reported C$1.36 EPS for the quarter. Barrick Gold had a return on equity of 23.58% and a net margin of 32.14%.The company had revenue of C$5.81 billion for the quarter.

Other equities analysts have also recently issued reports about the company. Barclays cut their price target on Barrick Gold from C$56.00 to C$55.00 in a report on Thursday. ATB Cormark Capital Markets lowered shares of Barrick Gold from a “moderate buy” rating to a “hold” rating and lifted their price objective for the company from C$70.00 to C$75.00 in a research note on Tuesday, April 7th. Sanford C. Bernstein boosted their target price on shares of Barrick Gold from C$86.00 to C$91.00 in a research report on Monday, April 20th. National Bank Financial cut their target price on shares of Barrick Gold from C$75.00 to C$67.50 and set an “outperform” rating on the stock in a research note on Tuesday. Finally, Royal Bank Of Canada cut their target price on shares of Barrick Gold from C$51.00 to C$49.00 and set an “outperform” rating on the stock in a research note on Thursday, July 9th. Five research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$73.15.

Barrick Gold Trading Down 3.0%

Shares of ABX stock opened at C$48.94 on Friday. The company has a market cap of C$82.00 billion, a P/E ratio of 13.52, a PEG ratio of 2.34 and a beta of 1.60. The stock has a 50 day simple moving average of C$55.66 and a two-hundred day simple moving average of C$59.50. The company has a debt-to-equity ratio of 17.29, a quick ratio of 2.62 and a current ratio of 3.06. Barrick Gold has a fifty-two week low of C$28.22 and a fifty-two week high of C$74.00.

Insiders Place Their Bets

In related news, Director Mark Francis Hill sold 88,000 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of C$57.85, for a total value of C$5,090,800.00. Following the transaction, the director directly owned 380,598 shares in the company, valued at C$22,017,594.30. This trade represents a 18.78% decrease in their position. Also, Director Robert Ananda Paul Samek purchased 10,000 shares of Barrick Gold stock in a transaction that occurred on Friday, June 5th. The stock was acquired at an average cost of C$55.06 per share, with a total value of C$550,600.00. Following the transaction, the director owned 18,900 shares in the company, valued at C$1,040,634. This trade represents a 112.36% increase in their position. Over the last quarter, insiders sold 134,422 shares of company stock worth $7,695,879. 0.60% of the stock is owned by company insiders.

Barrick Gold Company Profile

Barrick is a leading global mining, exploration and development company. With one of the largest portfolios of world-class and long-life gold and copper assets in the industry – including six of the world’s Tier One gold mines -Barrick’s operations and projects span 18 countries and five continents. Barrick is also the largest gold producer in the United States. We create real, long-term value for all stakeholders through responsible mining, strong partnerships and a disciplined approach to growth.