FY2026 EPS Estimates for Barrick Gold Decreased by Analyst

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Analysts at Scotiabank decreased their FY2026 earnings estimates for shares of Barrick Gold in a research note issued to investors on Wednesday, February 11th. Scotiabank analyst T. Jakusconek now forecasts that the basic materials company will post earnings of $4.66 per share for the year, down from their prior estimate of $4.96. Scotiabank currently has a “Strong-Buy” rating on the stock. 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 $4.89 EPS.

ABX has been the topic of several other reports. National Bank Financial reduced their price target on Barrick Gold from C$82.50 to C$75.00 and set an “outperform” rating on the stock in a report on Tuesday, February 10th. BNP Paribas Exane raised shares of Barrick Gold to a “strong-buy” rating in a research note on Friday, December 5th. JPMorgan Chase & Co. set a C$92.00 price target on shares of Barrick Gold and gave the stock an “overweight” rating in a research note on Thursday, January 29th. DZ Bank upgraded shares of Barrick Gold to a “strong-buy” rating in a report on Monday, January 19th. Finally, Cormark upped their target price on shares of Barrick Gold from C$66.00 to C$78.00 in a research note on Tuesday, November 25th. Six research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$73.50.

Barrick Gold Stock Up 5.6%

Shares of TSE ABX opened at C$65.32 on Monday. Barrick Gold has a 1 year low of C$24.28 and a 1 year high of C$74.00. The firm has a 50-day simple moving average of C$63.92 and a two-hundred day simple moving average of C$50.99. The company has a market cap of C$109.43 billion, a P/E ratio of 22.29, a PEG ratio of 2.34 and a beta of 1.47. The company has a debt-to-equity ratio of 19.83, a current ratio of 2.65 and a quick ratio of 2.62.

Insider Activity

In other Barrick Gold news, Director Pekka Juhani Vauramo purchased 12,400 shares of Barrick Gold stock in a transaction dated Thursday, February 12th. The stock was acquired at an average price of C$65.41 per share, for a total transaction of C$811,084.00. Following the acquisition, the director owned 12,400 shares in the company, valued at C$811,084. This trade represents a ∞ increase in their position. Also, insider Graham Patrick Shuttleworth sold 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of C$64.72, for a total transaction of C$6,472,000.00. Following the completion of the sale, the insider directly owned 487,252 shares of the company’s stock, valued at C$31,534,949.44. The trade was a 17.03% decrease in their position. Insiders own 0.60% of the company’s stock.

About Barrick Gold

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.