Eldorado Gold Corporation (EGO)
NYSE: EGO · IEX Real-Time Price · USD
16.58
+0.38 (2.38%)
May 20, 2024, 1:40 PM EDT - Market open
Eldorado Gold Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Eldorado Gold stock have an average target of 12.17, with a low estimate of 9.50 and a high estimate of 17. The average target predicts a decrease of -26.58% from the current stock price of 16.58.
Analyst Consensus: Hold
* Price targets were last updated on Aug 8, 2023.
Analyst Ratings
The average analyst rating for Eldorado Gold stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 2 | 2 | 2 | 2 | 2 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 26, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $9.5 | Hold | Reiterates | $9.5 | -42.68% | Aug 8, 2023 |
| BMO Capital | BMO Capital | Buy Maintains $18 → $17 | Buy | Maintains | $18 → $17 | +2.56% | Jun 9, 2023 |
| Credit Suisse | Credit Suisse | Sell Maintains $11 → $10 | Sell | Maintains | $11 → $10 | -39.67% | Jun 6, 2023 |
| B of A Securities | B of A Securities | Sell Initiates $8.9 | Sell | Initiates | $8.9 | -46.30% | Mar 10, 2023 |
Financial Forecast
Revenue This Year
1.19B
from 1.01B
Increased by 17.90%
Revenue Next Year
1.31B
from 1.19B
Increased by 9.92%
EPS This Year
0.74
from 0.54
Increased by 37.05%
EPS Next Year
0.88
from 0.74
Increased by 18.89%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.3B | 1.5B | 1.9B | 1.8B | 2.0B |
| Avg | 1.2B | 1.3B | 1.8B | 1.8B | 1.9B |
| Low | 1.1B | 1.1B | 1.6B | 1.7B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.8% | 27.6% | 48.7% | 3.1% | 11.8% |
| Avg | 17.9% | 9.9% | 37.2% | -0.8% | 7.5% |
| Low | 9.8% | -5.2% | 24.9% | -3.7% | 4.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.16 | 1.83 | 2.68 | 2.53 | 2.86 |
| Avg | 0.74 | 0.88 | 1.64 | 2.11 | 2.49 |
| Low | 0.34 | 0.52 | 0.89 | 1.73 | 2.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 113.9% | 146.9% | 204.3% | 54.1% | 35.3% |
| Avg | 37.0% | 18.9% | 86.6% | 28.6% | 18.2% |
| Low | -36.5% | -29.8% | 1.4% | 5.6% | 3.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.