Freedom Broker cuts Barrick target to USD 46 for Barrick Mining stock

Published on 10/27/2026 at 10:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue hit USD 5.29 billion, up 43.80 percent year over year. Barrick Mining stock costs EUR 34.25 on October 27, 2026.

Analyst split and reporting date

Freedom Broker cut its Barrick target to USD 46 on October 22, 2026.
Second-quarter revenue reached USD 5.29 billion, up 43.80 percent year over year.
Barrick Mining stock was trading at EUR 34.25 at 10:18 a.m. CET at Lang & Schwarz on October 27, 2026.

Barrick Mining, CA06849F1080, Illustration mit AI erstellt.

Freedom Broker cut its target for Barrick Mining to USD 46 from USD 54 and downgraded the stock from Buy to Hold on October 22, 2026, according to Markets Insider. Barrick Mining was trading at EUR 34.25 at Lang & Schwarz on October 27, 2026 at 10:18 a.m. CET.

Targets point in opposite directions

The downgrade came as Freedom Broker reduced its third-quarter revenue estimate to USD 5.13 billion and its adjusted earnings per share estimate to USD 0.81, Investing.com reported on October 22, 2026. The revised view contrasts with JPMorgan, which raised its target from USD 52 to USD 55 on October 21, 2026, while keeping an Overweight rating, according to Markets Insider.

What does the next report test?

Barrick reported second-quarter revenue of USD 5.29 billion and net income of USD 1.89 billion for the period ended June 30, 2026. Revenue increased 43.80 percent from the year-earlier quarter, while quarterly earnings per share reached USD 0.82 against a USD 0.81 consensus estimate, according to MarketBeat. The key question is whether higher earnings translate into stronger cash generation when the next operating figures arrive.

Three recent signals for Barrick

On August 10, 2026, Barrick reported quarterly earnings per share of USD 0.82 and revenue of USD 5.29 billion, according to MarketBeat. On October 21, 2026, JPMorgan raised its target to USD 55 from USD 52. On October 22, 2026, Freedom Broker cut its target to USD 46 from USD 54.

Two dates for the calendar

Barrick has scheduled its third-quarter results release for November 9, 2026, at 6:00 a.m. ET, followed by a webcast and presentation at 11:00 a.m. ET, according to the company's official release. The release date and the webcast are the next scheduled company events.

Price marks the immediate reference

Barrick Mining was trading at EUR 34.25 at Lang & Schwarz on October 27, 2026 at 10:18 a.m. CET. The current quote puts the analyst debate ahead of the November results event. The further course of trading is shown by the continuously updated real-time quote of Barrick Mining stock.