FY2026 EPS Estimates for Barrick Gold Lowered by Scotiabank

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) – Stock analysts at Scotiabank decreased their FY2026 earnings estimates for shares of Barrick Gold in a research report issued to clients and investors on Wednesday, February 11th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings per share of $4.66 for the year, down from their prior estimate of $4.96. Scotiabank 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.

Several other research firms also recently weighed in on ABX. ATB Cormark Capital Markets dropped their target price on shares of Barrick Gold from C$100.00 to C$94.00 and set a “moderate buy” rating for the company in a research report on Monday, February 9th. Stifel Nicolaus boosted their price objective on Barrick Gold from C$65.00 to C$95.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. DZ Bank upgraded Barrick Gold to a “strong-buy” rating in a research note on Monday, January 19th. BNP Paribas Exane raised Barrick Gold to a “strong-buy” rating in a report on Friday, December 5th. Finally, JPMorgan Chase & Co. set a C$92.00 price target on Barrick Gold and gave the company an “overweight” rating in a report on Thursday, January 29th. 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 company’s stock. According to MarketBeat.com, Barrick Gold currently has a consensus rating of “Buy” and an average price target of C$73.50.

Barrick Gold Stock Performance

Barrick Gold stock opened at C$63.64 on Monday. Barrick Gold has a 52 week low of C$24.28 and a 52 week high of C$74.00. The company has a current ratio of 2.65, a quick ratio of 2.62 and a debt-to-equity ratio of 19.83. The stock has a market cap of C$106.62 billion, a P/E ratio of 21.72, a price-to-earnings-growth ratio of 2.34 and a beta of 1.47. The stock has a 50 day moving average of C$64.26 and a 200-day moving average of C$51.48.

Insiders Place Their Bets

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