WallStSmart
GFI

Gold Fields Ltd ADR

NYSE: GFI · BASIC MATERIALS · GOLD

$41.49
-4.27% today

Updated 2026-04-29

Market cap
$38.76B
P/E ratio
11.00
P/S ratio
4.43x
EPS (TTM)
$3.94
Dividend yield
5.35%
52W range
$19 – $60
Volume
3.3M

Gold Fields Ltd ADR (GFI) Financial Forecast & Price Target 2030

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

Price target summary

Current
$41.49
Consensus
$45.57
+9.83%
2030 Target
$247.42
+496.34%
DCF
7 analysts:
3 Buy4 Hold0 Sell

Management guidance

Gold Fields reported record 2025 results with attributable production of 2.44M oz (18% YoY increase) driven by Salares Norte ramp-up. Management is focused on disciplined portfolio optimization, brownfields/greenfields exploration, and maintaining predictable delivery. No specific revenue CAGR or 2030 targets disclosed in available guidance, but production growth trajectory and strategic projects (Windfall, exploration upside) suggest continued volume expansion above sector average.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$413.95
$18.6B Rev × 20x P/S
Base case (2030)
$247.42
$18.6B Rev × 12x P/S
Bear case (2030)
$166.53
$18.6B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2029 (E)2030 (E)
Revenue$4.5B$5.2B$8.8B$12.7B$13.9B$16.8B$18.6B
Revenue growth15.6%68.8%45.1%9.4%10.5%10.7%
EPS$1.18$1.80$4.05$5.75$6.15$7.25$8.05
P/S ratio12.0x12.0x12.0x12.0x
Implied price$171.29$185.56$223.63$247.42

Catalysts & risks

Growth catalysts
+ Salares Norte mine ramp-up completion and steady-state production (2026-2027)
+ Windfall project development and production contribution (2027+)
+ Sustained high gold prices ($3,800-$4,500/oz assumption in base case)
+ Portfolio optimization and brownfields exploration upside
+ Ghana mining license renewal and Tarkwa/Damang continuity resolution
Key risks
- Ghana regulatory risk: $740M dispute with contractor E&P and proposed mining reforms (royalty increases, operational restrictions)
- Gold price volatility: revenue highly leveraged to spot gold prices; 10% price decline = ~$900M revenue headwind
- Cost inflation: labor disputes, energy costs, and geopolitical supply chain pressures impacting OPEX
- Currency exposure: ZAR weakness partially hedges but creates accounting volatility
- Execution risk on Windfall and exploration projects; permitting delays in West Africa

Methodology

Gold Fields Ltd ADR's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 7 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.