LUNDIN GOLD INC (LUG.CA) Forecast, Price Target & Analyst Ratings

TSX:LUG • CA5503711080

Current stock price

99.92 CAD
+2.91 (+3%)
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 LUNDIN GOLD INC (LUG.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$115.12
+ 15.21% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
$1.12
Revenue Estimate
561.56M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
52.63%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$115.12
Upside
+ 15.21%
From current price of CA$99.92 to mean target of CA$115.12, Based on 19 analyst forecasts
Low
CA$90.90
Median
CA$116.28
High
CA$148.05

Price Target Revisions

1 Month
7.40%
3 Months
19.26%

Price Target Summary

19 Wall Street analysts provided a forecast for the next 12 months for LUG.CA. The average price target is 115.12 CAD. This implies a price increase of 15.21% is expected in the next year compared to the current price of 99.92.
The average price target has been revised upward by 19.26% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

LUG Current Analyst RatingLUG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

LUG Historical Analyst RatingsLUG 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
52.63%
LUG.CA was analyzed by 19 analysts. The buy percentage consensus is at 53. So analysts seem to be rather neutral about LUG.CA.
In the previous month the buy percentage consensus was at a similar level.
LUG.CA was analyzed by 19 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
2022-12-14BMO FinancialUpgrade
2022-12-05National Bank of Canada FinancialUpgrade Sector Perform
2022-12-02National Bank of Canada FinancialUpgrade
2022-12-02Haywood SecuritiesDowngrade Hold
2022-12-01Cormark SecuritiesUpgrade
2022-11-30CIBC Capital MarketsMaintains Outperform
2022-11-30Scotiabank CapitalMaintains Sector Perform
2022-11-22CIBC Capital MarketsMaintains Outperform
2022-11-22Scotiabank CapitalMaintains Sector Perform
2022-11-22STA ResearchUpgrade Buy
2022-11-21Canaccord CapitalMaintains Buy
2022-11-10National Bank of Canada FinancialUpgrade Sector Perform
2022-11-09TD ResearchMaintains Buy
2022-11-09CIBC Capital MarketsMaintains Outperform
2022-11-09Scotiabank CapitalMaintains Sector Perform
2022-11-09STA ResearchMaintains Buy
2022-10-13National Bank of Canada FinancialDowngrade
2022-10-06Scotiabank CapitalMaintains Sector Perform
2022-10-06STA ResearchMaintains Buy
2022-10-03National Bank of Canada FinancialMaintains Sector Perform
2022-10-03CIBC Capital MarketsMaintains Outperform
2022-09-27Scotiabank CapitalDowngrade Sector Perform
2022-09-27STA ResearchMaintains Buy
2022-08-11National Bank of Canada FinancialUpgrade Sector Perform
2022-08-11TD ResearchUpgrade Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
$1.12
Revenue Estimate
561.56M
Revenue Q2Q
57.59%
EPS Q2Q
74.96%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
19.06%
Revenue (3 Months)
19.06%
EPS (1 Month)
21.74%
EPS (3 Months)
24.45%

Next Earnings Summary

LUG.CA is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is 1.12 CAD and the consensus revenue estimate is 561.56M CAD.
The next earnings revenue estimate has been revised upward by 19.06% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2029

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

2023 2024 2025 2026 2027 2028 2029
Revenue
YoY % growth
LUG.CA revenue by date.LUG.CA revenue by date.
902.518M
10.65%		1.193B
32.19%		1.783B
49.44%		2.421B
35.79%		2.319B
-4.21%		2.271B
-2.07%		1.5B
-33.95%
EBITDA
YoY % growth
LUG.CA ebitda by date.LUG.CA ebitda by date.
527.061M
13.21%		766.603M
45.45%		1.238B
61.43%		1.786B
44.32%		1.851B
3.64%		1.756B
-5.13%		916.83M
-47.79%
EBIT
YoY % growth
LUG.CA ebit by date.LUG.CA ebit by date.
390.428M
16.58%		629.6M
61.26%		1.102B
75.09%		1.515B
37.43%		1.576B
4.03%		1.439B
-8.69%		N/A
Operating Margin
LUG.CA operating margin by date.LUG.CA operating margin by date.
43.26%52.77%61.83%62.58%67.96%63.36%N/A
EPS
YoY % growth
LUG.CA eps by date.LUG.CA eps by date.
0.86
59.26%		1.75
103.49%		3.27
86.86%		4.56
39.50%		4.66
2.15%		3.55
-23.79%		2.06
-41.99%

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 Q1 / 28 Q2 / 28 Q3 / 28
EPS
Q2Q % growth		1.12
74.96%		1.16
43.04%		0.98
14.06%		1.01
5.16%		0.86
-22.76%		0.87
-25.06%		0.84
-14.23%		0.86
-14.99%		0.75
-13.70%		0.79
-8.74%		0.77
-8.88%
Revenue
Q2Q % growth		561.56M
57.59%		617.11M
36.26%		528.23M
18.14%		539.34M
2.42%		N/AN/AN/AN/AN/AN/AN/A
EBITDA
Q2Q % growth		402.38M
67.19%		434.45M
24.22%		386.58M
2.65%		402.28M
-13.40%		368.04M
-8.53%		367.94M
-15.31%		367.94M
-4.82%		367.84M
-8.56%		338.55M
-8.01%		338.45M
-8.01%		338.35M
-8.04%
EBIT
Q2Q % growth		370.67M
75.62%		425.21M
49.32%		367.64M
32.62%		376.73M
14.38%		N/AN/AN/AN/AN/AN/AN/A

All data in USD

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

LUG.CA Yearly Revenue VS EstimatesLUG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B 2B
LUG.CA Yearly EPS VS EstimatesLUG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 1 2 3 4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
2.79%
EPS Next 5 Year
-10.91%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
8.60%
Revenue Next 5 Year
-4.09%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
15.83%
EBIT Next 5 Year
-5.09%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

LUNDIN GOLD INC / LUG.CA Forecast FAQ

What is the average price target for LUNDIN GOLD INC (LUG.CA) stock?

19 analysts have analysed LUG.CA and the average price target is 115.12 CAD. This implies a price increase of 15.21% is expected in the next year compared to the current price of 99.92.

What is the next earnings date for LUG stock?

LUNDIN GOLD INC (LUG.CA) will report earnings on 2026-05-06.

What are the consensus estimates for LUG stock next earnings?

The consensus EPS estimate for the next earnings of LUNDIN GOLD INC (LUG.CA) is 1.12 CAD and the consensus revenue estimate is 561.56M CAD.

What is the number of analysts for LUG stock?

The number of analysts covering LUNDIN GOLD INC (LUG.CA) is 19.