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97/100BBarrick Mining stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Barrick Mining is 50.92, 26.8% above the current price of 40.16. Their targets range from 42.00 to 56.50.
Of the 11 firms that rated Barrick Mining in the past 12 months, 7 rate it buy or strong buy, 4 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 42.00 to 56.50, with an average of 50.92.
| Buy | 7 | |
| Hold | 4 | |
| Sell | 0 |
12-month price target
| Highest target | 56.50 |
| Average target | 50.92 |
| Lowest target | 42.00 |
| Current price | 40.16 |
Barrick Mining price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Barrick Mining price target and rating?
How analysts rate Barrick Mining, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
7 of 11 firms rate it buy now, against 8 of 8 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Barrick Mining analyst upgrades, downgrades and price targets
The latest rating change came on 22 October 2026, when Freedom Broker downgraded Barrick Mining from Buy to Hold. The most recent new target came from CIBC on 16 October 2026: 49.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 22 Oct 2026 | Freedom Broker | Downgraded · Buy → Hold | — | — | — |
| 16 Oct 2026 | CIBC | Downgraded · Outperform → Neutral | 57.00 → 49.00 | -14.0% | 40.55 |
| 9 Sept 2026 | Bernstein Bob Brackett | Reiterated · Outperform | 56.50 | — | 44.10 |
| 13 Aug 2026 | Barclays | Reiterated · Equal Weight | 39.00 → 42.00 | +7.7% | 41.24 |
| 12 Aug 2026 | Scotiabank Tanya Jakusconek | Reiterated · Sector Outperform | 57.00 → 55.00 | -3.5% | 41.09 |
| 12 Aug 2026 | CIBC | — | 63.00 → 57.00 | -9.5% | 41.00 |
| 15 Jul 2026 | Barclays | — | 41.00 → 39.00 | -4.9% | 35.89 |
| 14 Jul 2026 | Scotiabank | Reiterated · Sector Outperform | 63.00 → 57.00 | -9.5% | 36.47 |
| 9 Jul 2026 | RBC Capital | Reiterated · Outperform | 40.00 → 49.00 | +22.5% | 36.51 |
| 21 May 2026 | Barclays Richard Garchitorena | — | 41.00 | — | 41.25 |
| 12 May 2026 | UBS | Reiterated · Buy | 50.00 → 54.00 | +8.0% | 45.92 |
| 21 Apr 2026 | CIBC | Reiterated · Outperform | 71.00 → 63.00 | -11.3% | 41.16 |
| 27 Mar 2026 | UBS | Reiterated · Buy | 55.00 → 50.00 | -9.1% | 38.59 |
| 6 Feb 2026 | UBS | — | 59.00 → 55.00 | -6.8% | 45.66 |
| 4 Feb 2026 | CIBC | — | 50.00 → 71.00 | +42.0% | 45.47 |
| 30 Jan 2026 | UBS | — | 47.00 → 59.00 | +25.5% | 47.49 |
| 26 Jan 2026 | Scotiabank | Reiterated · Sector Outperform | 43.00 → 63.00 | +46.5% | 52.90 |
| 7 Dec 2025 | Jefferies | — | 55.00 | — | 41.04 |
| 5 Dec 2025 | BNP Paribas Alan Spence | — | 50.00 | — | 40.91 |
| 1 Dec 2025 | UBS | Reiterated · Buy | 39.00 → 47.00 | +20.5% | 41.34 |
| 25 Nov 2025 | Raymond James Brian MacArthur | — | 40.00 → 42.00 | +5.0% | 39.54 |
| 24 Nov 2025 | B of A Securities | Upgraded · Neutral → Buy | — | — | — |
Barrick Mining EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Barrick Mining's EPS to grow 16.1% a year until 2028. Over the last 5 years it grew 17.9% a year, and over the last 3 years 134.9%.
Analysts expect Barrick Mining's revenue to grow 19.0% a year until 2027, faster than over the last 5 years (6.1% a year) and the last 3 years (15.5%).
Revenue
EPS
Does Barrick Mining beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 15.5% off the result, either way, and their revenue estimate 6.0%, over the last 12 quarters.
- EPS beats
- 58 / 85
- Revenue beats
- 71 / 85
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +14.5%
- Since
- August 2002
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 9 Nov 2026 | 0.74 | 0.82 | +10.8% | 5.10B | 5.03B | -1.2% |
| Q2 FY2026 | 10 Aug 2026 | 0.81 | 0.82 | +1.2% | 5.10B | 5.19B | +1.9% |
| Q1 FY2026 | 11 May 2026 | 0.74 | 0.98 | +32.4% | 4.75B | 5.22B | +9.9% |
| Q4 FY2025 | 5 Feb 2026 | 0.85 | 1.04 | +22.4% | 5.20B | 5.98B | +14.8% |
| Q3 FY2025 | 10 Nov 2025 | 0.57 | 0.58 | +1.8% | 4.41B | 4.18B | -5.2% |
| Q2 FY2025 | 11 Aug 2025 | 0.47 | 0.47 | 0.0% | 3.65B | 3.73B | +2.1% |
| Q1 FY2025 | 7 May 2025 | 0.27 | 0.34 | +22.7% | 2.96B | 3.00B | +1.3% |
| Q4 FY2024 | 12 Feb 2025 | 0.41 | 0.46 | +12.2% | 3.93B | 3.62B | -8.0% |
| Q3 FY2024 | 7 Nov 2024 | 0.33 | 0.31 | -6.1% | 3.48B | 3.45B | -0.8% |
| Q2 FY2024 | 12 Aug 2024 | 0.26 | 0.32 | +23.1% | 3.12B | 3.17B | +1.6% |
| Q1 FY2024 | 1 May 2024 | 0.16 | 0.19 | +18.8% | 2.76B | 2.77B | +0.2% |
| Q4 FY2023 | 14 Feb 2024 | 0.20 | 0.27 | +35.0% | 4.07B | 3.07B | -24.5% |
Barrick Mining stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Barrick Mining's earnings grow at the 24.4% a year analysts expect to FY2028, then 15.0% a year, it would earn about 6.17 a share in FY2030. At the P/E it has traded at over the last five years (10.3 to 25.1) that is 63.71 to 155.04 a share, or 98.03 at its average P/E of 15.9. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 3.49 | 35.98 | 55.37 | 87.57 |
| FY2027 | 4.01 | 41.43 | 63.75 | 100.82 |
| FY2028 | 4.67 | 48.17 | 74.13 | 117.23 |
| FY2029 (extrapolated) | 5.37 | 55.40 | 85.25 | 134.82 |
| FY2030 (extrapolated) | 6.17 | 63.71 | 98.03 | 155.04 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 15.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (10.3, 15.9, 25.1).
Is Barrick Mining stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Barrick Mining's P/E of 10.3 is near the bottom of its 5-year range (9.0 to 986.8, median 41.6). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Buyers pay less for each point of growth than usual: a PEG of 0.6 on expected growth against 2.3 on its median P/E and past five years' growth. Growing 16.1% a year, Barrick Mining earns a P/E of 16.1 at a PEG of 1 (at most 25): × the next twelve months' EPS of 3.94, a fair value of 63.50; the price, 40.16, is 36.8% below it. Its forward P/E, on the consensus for FY2026, is 11.5.
Fair value on growth is a P/E equal to the EPS growth analysts expect a year (a PEG of 1, at most 25) times the earnings per share of the next twelve months; the ends of the bar are a PEG of 0.75 and 1.25 (a P/E of 12.1 and 20.2). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 10.32
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 41.62
- Five-year P/E range
- 9.0 – 986.8
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 11.52
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 0.42
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +26.8%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 97.350 | 194.84146Price 97.35244 | +100.1% | |
| 119.980 | 236.63177Price 119.98296 | +97.2% | |
| 197.050 | 384.58163Price 197.052,644 | +95.2% | |
| 157.530 | 305.52161Price 157.53396 | +93.9% | |
| 43.270 | 82.9546Price 43.27165 | +91.7% | |
| 214.470 | 405.52304Price 214.47507 | +89.1% | |
| 163.700 | 308.95212Price 163.70442 | +88.7% |
Furthest below the fair value on each stock's page, updated every day.