B2GOLD CORP (BTO.CA) Forecast, Price Target & Analyst Ratings

TSX:BTO • CA11777Q2099

Current stock price

6.78 CAD
+0.04 (+0.59%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for B2GOLD CORP (BTO.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$9.26
+ 36.62% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
$0.13
Revenue Estimate
952.51M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
71.25%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$9.26
Upside
+ 36.62%
From current price of CA$6.78 to mean target of CA$9.26, Based on 16 analyst forecasts
Low
CA$6.57
Median
CA$9.44
High
CA$12.08

Price Target Revisions

1 Month
3.22%
3 Months
11.37%

Price Target Summary

16 Wall Street analysts provided a forecast for the next 12 months for BTO.CA. The average price target is 9.26 CAD. This implies a price increase of 36.62% is expected in the next year compared to the current price of 6.78.
The average price target has been revised upward by 11.37% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

BTO Current Analyst RatingBTO Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

BTO Historical Analyst RatingsBTO Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
71.25%
BTO.CA was analyzed by 16 analysts. The buy percentage consensus is at 71. So analysts seem to be have mildly positive about BTO.CA.
In the previous month the buy percentage consensus was at a similar level.
BTO.CA was analyzed by 16 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-01-26CIBC Capital MarketsMaintains Neutral -> Neutral
2025-09-16CORMARK SECURITIES INC.Maintains Buy -> Buy
2025-09-15STIFEL CANADAMaintains Buy -> Buy
2025-09-15TD CowenMaintains Hold -> Hold
2025-09-15National Bank FinancialMaintains Outperform -> Outperform
2025-09-15Canaccord GenuityMaintains Buy -> Buy
2024-08-08TD CowenMaintains Buy -> Buy
2023-08-29PI FINANCIAL CORPMaintains Buy -> Buy
2022-12-14BMO FinancialUpgrade
2022-12-14Scotiabank CapitalMaintains Outperform
2022-12-14STA ResearchMaintains Buy
2022-11-23Stifel Nicolaus ResearchDowngrade
2022-11-04National Bank of Canada FinancialDowngrade Outperform
2022-11-03TD ResearchMaintains Action List Buy
2022-11-02Scotiabank CapitalMaintains Outperform
2022-11-02STA ResearchMaintains Buy
2022-10-20Canaccord CapitalDowngrade Buy
2022-10-19Stifel Nicolaus ResearchDowngrade
2022-10-18Scotiabank CapitalMaintains Outperform
2022-10-18STA ResearchMaintains Buy
2022-10-13National Bank of Canada FinancialDowngrade
2022-09-16Scotiabank CapitalMaintains Outperform
2022-09-16STA ResearchMaintains Buy
2022-09-12TD ResearchMaintains Buy
2022-08-08National Bank of Canada FinancialDowngrade Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
$0.13
Revenue Estimate
952.51M
Revenue Q2Q
79.01%
EPS Q2Q
48.13%
Number of Analysts
7

Next Earnings Revisions

Revenue (1 Month)
22.45%
Revenue (3 Months)
N/A
EPS (1 Month)
-3.42%
EPS (3 Months)
-8.97%

Next Earnings Summary

BTO.CA is expected to report earnings on 5/5/2026. The consensus EPS estimate for the next earnings is 0.13 CAD and the consensus revenue estimate is 952.51M CAD.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
BTO.CA revenue by date.BTO.CA revenue by date.
1.934B
11.64%		1.902B
-1.67%		3.061B
60.95%		4.166B
36.09%		5.227B
25.47%		5.032B
-3.73%		5.45B
8.31%		5.303B
-2.70%
EBITDA
YoY % growth
BTO.CA ebitda by date.BTO.CA ebitda by date.
1.08B
19.96%		961.013M
-11.03%		1.832B
90.68%		2.344B
27.92%		3.363B
43.47%		3.152B
-6.27%		2.574B
-18.34%		N/A
EBIT
YoY % growth
BTO.CA ebit by date.BTO.CA ebit by date.
677.75M
31.21%		593.605M
-12.42%		1.392B
134.44%		2.347B
68.65%		2.777B
18.32%		1.987B
-28.45%		N/AN/A
Operating Margin
BTO.CA operating margin by date.BTO.CA operating margin by date.
35.04%31.21%45.46%56.34%53.13%39.49%N/AN/A
EPS
YoY % growth
BTO.CA eps by date.BTO.CA eps by date.
0.29
20.83%		0.15
-48.28%		0.46
206.67%		0.79
72.63%		1.34
68.68%		1.22
-9.07%		1.27
4.48%		1.38
8.73%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		0.13
48.13%		0.13
4.37%		0.28
97.67%		0.31
177.29%		0.24
78.03%		0.24
93.55%		0.24
-14.23%		0.23
-25.50%
Revenue
Q2Q % growth		952.51M
79.01%		1.017B
46.92%		1.093B
39.60%		1.14B
8.16%		N/AN/AN/AN/A
EBITDA
Q2Q % growth		579.74M
96.16%		536.31M
5.25%		757.5M
16.31%		795.88M
-16.34%		N/AN/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

BTO.CA Yearly Revenue VS EstimatesBTO.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B 5B
BTO.CA Yearly EPS VS EstimatesBTO.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.2 0.4 0.6 0.8 1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
38.35%
EPS Next 5 Year
24.64%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
16.78%
Revenue Next 5 Year
10.91%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
31.03%
EBIT Next 5 Year
16.42%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

B2GOLD CORP / BTO.CA Forecast FAQ

What is the price target for BTO stock?

16 analysts have analysed BTO.CA and the average price target is 9.26 CAD. This implies a price increase of 36.62% is expected in the next year compared to the current price of 6.78.

When does B2GOLD CORP (BTO.CA) report earnings?

B2GOLD CORP (BTO.CA) will report earnings on 2026-05-05, after the market close.

What are the consensus estimates for BTO stock next earnings?

The consensus EPS estimate for the next earnings of B2GOLD CORP (BTO.CA) is 0.13 CAD and the consensus revenue estimate is 952.51M CAD.

Can you provide the expected long term growth rate for B2GOLD CORP stock?

The expected long term growth rate for B2GOLD CORP (BTO.CA) is 16.78%.