FY2026 EPS Forecast for Barrick Gold Boosted by Analyst

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Equities researchers at National Bank Financial lifted their FY2026 earnings estimates for Barrick Gold in a research report issued to clients and investors on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will earn $3.89 per share for the year, up from their previous forecast of $3.38. National Bank Financial 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.

Other equities research analysts have also recently issued reports about the company. BMO Capital Markets lifted their target price on Barrick Gold from C$37.00 to C$41.00 in a research note on Monday, September 22nd. National Bankshares upgraded Barrick Gold from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from C$36.00 to C$51.00 in a research report on Monday, September 22nd. Cormark boosted their price objective on shares of Barrick Gold from C$35.00 to C$45.00 in a research note on Thursday, September 18th. Finally, Cibc World Mkts raised shares of Barrick Gold from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 12th. Four equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$37.33.

Barrick Gold Trading Up 0.5%

ABX opened at C$48.06 on Friday. The firm has a market capitalization of C$81.99 billion, a PE ratio of 30.23, a P/E/G ratio of 2.34 and a beta of 0.72. The company’s 50-day moving average is C$36.12 and its 200 day moving average is C$30.38. Barrick Gold has a fifty-two week low of C$21.73 and a fifty-two week high of C$49.92. 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 Transactions at Barrick Gold

In other Barrick Gold news, insider Grant Bill Beringer sold 38,000 shares of the firm’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of C$41.13, for a total value of C$1,562,959.00. Following the completion of the sale, the insider owned 107,047 shares of the company’s stock, valued at C$4,402,896.63. This trade represents a 26.20% decrease in their ownership of the stock. Also, insider Poupak Bahamin sold 8,402 shares of the business’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of C$41.21, for a total value of C$346,269.11. Following the transaction, the insider owned 29,400 shares of the company’s stock, valued at approximately C$1,211,653.38. The trade was a 22.23% decrease in their position. Insiders sold a total of 62,990 shares of company stock valued at $2,580,075 in the last ninety days. Corporate insiders own 0.60% of the company’s stock.

About Barrick Gold

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.