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AGI

Alamos Gold Inc

NYSE: AGI · BASIC MATERIALS · GOLD

$40.93
-1.87% today

Updated 2026-04-29

Market cap
$17.19B
P/E ratio
19.49
P/S ratio
9.50x
EPS (TTM)
$2.10
Dividend yield
0.24%
52W range
$24 – $55
Volume
3.6M

Alamos Gold Inc (AGI) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$40.93
Consensus
$44.33
+8.31%
2030 Target
$152.82
+273.37%
DCF
$300.95
+84.63% MoS
3 analysts:
2 Buy0 Hold0 Sell

Management guidance

At the February 2026 Investor Day, management provided three-year operating guidance targeting 46% production growth by 2028, with the Island Gold District Expansion to 20,000 TPD expected to drive significant production increases. The company announced a $97M three-year drill plan and positioned Island Gold as one of Canada's largest and lowest-cost gold mines with 69% after-tax IRR at $4,500/oz gold assumptions.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$259.34
$5.4B Rev × 20x P/S
Base case (2030)
$152.82
$5.4B Rev × 12x P/S
Bear case (2030)
$101.88
$5.4B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$1.0B$1.3B$1.8B$2.8B$3.4B$4.1B$4.8B$5.4B
Revenue growth31.6%34.6%54.7%21.4%20.6%17.1%12.5%
EPS$0.53$0.81$1.39$2.86$3.65$4.75$5.60$6.35
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$78.73$97.25$115.78$138.93$152.82

Catalysts & risks

Growth catalysts
+ Island Gold District Phase 3+ Expansion reaching full production capacity by 2027-2028, driving 46% production growth through 2028
+ Lynn Lake project development and Mulatos District expansion contributing incremental production from 2027 onwards
+ Gold price environment — at $4,500/oz assumptions in project economics, current gold prices ($2,000+ per oz) suggest upside to profitability and cash generation
Key risks
- Commodity price volatility — gold prices are the primary revenue driver; lower gold prices would compress revenue and margins significantly
- Execution risk on Island Gold expansion — project delays or cost overruns could impact production ramp timelines
- Operational disruptions — company experienced weather and operational issues in 2025 that pressured production despite record revenues; similar issues could recur

Methodology

Alamos Gold Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 3 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.