JPMorgan raises target for Barrick Mining stock from USD 52 to USD 55

Published on 10/23/2026 at 10:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan raised its target from USD 52 to USD 55 on October 21, 2026. Barrick Mining stock costs EUR 34.28 on October 23, 2026.

Analyst view and operating dates

JPMorgan raised its Barrick Mining target to USD 55 on October 21, 2026.
First-half revenue rose 54.30 percent to USD 10.5 billion.
Barrick Mining stock trades at EUR 34.28 at 10:41 a.m. CEST at Lang & Schwarz on October 23, 2026.

Barrick Mining, CA06849F1080, Illustration mit AI erstellt.

Barrick Mining (ISIN CA06849F1080) faces a divided analyst picture after JPMorgan raised its price target from USD 52 to USD 55 on October 21, 2026, while keeping its overweight rating, according to Aktiencheck. The next quarterly update is scheduled for November 9, 2026.

Target increase meets caution

The JPMorgan change contrasts with a more defensive call from Freedom Broker. The broker cut its target from USD 54 to USD 46 and downgraded Barrick from Buy to Hold on October 22, 2026, as reported by Markets Insider. Its assessment puts near-term estimates and operating delivery at the center of the debate.

For investors, the contrast matters because the two targets differ by USD 9. JPMorgan's USD 55 target is 34.94 percent above the USD 40.76 New York Stock Exchange close cited in the October 21 report, while Freedom Broker's USD 46 target is 12.85 percent above that same close.

What does the next report test?

Barrick's operating backdrop was strong in the first half of 2026. Revenue rose 54.30 percent year over year to USD 10.5 billion from USD 6.8 billion, while net profit attributable to shareholders increased 119.40 percent to USD 2.8 billion from USD 1.3 billion, according to MarketScreener. Operating cash flow reached USD 4.3 billion, up from USD 2.5 billion in the prior-year period.

Three dates shape the case

Barrick renewed mining licenses in Tanzania for 15 years on October 5, 2026, according to MarketScreener. It reached a labor agreement at its Mali gold complex on September 28, 2026, and JPMorgan raised its target from USD 52 to USD 55 on October 21, 2026. The next two scheduled dates are November 9, 2026, for third-quarter results, and November 9, 2026, at 11:00 a.m. ET for the investor webcast, as listed by Markets Insider.

Stock price and investor frame

Barrick Mining stock was trading at EUR 34.28 at Lang & Schwarz on October 23, 2026, at 10:41 a.m. CEST. The company combines gold and copper production, leaving the November report to address output, costs and cash generation alongside the competing analyst views. The further course of trading is shown by the continuously updated real-time quote of Barrick Mining stock.