What is KGC stock price target for 2026?

WallStSmart's 12-month price target for Kinross Gold Corporation is $29.71, representing 0.5% downside from the current price of $29.86.

What is KGC stock forecast?

Kinross Gold Corporation forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is KGC undervalued based on price targets?

Our DCF intrinsic value for Kinross Gold Corporation is $21.00, against a current price of $29.86. The margin of safety is -65.81%.

KGC

Kinross Gold Corporation

NYSE: KGC · BASIC MATERIALS · GOLD

$29.86

-2.16% today

Updated 2026-04-29

Market cap

$35.90B

P/E ratio

15.31

P/S ratio

5.09x

EPS (TTM)

$1.95

Dividend yield

0.44%

52W range

$13 – $39

Volume

10.3M

Market cap

$35.90B

P/E ratio

15.31

P/S ratio

5.09x

EPS (TTM)

$1.95

Dividend yield

0.44%

52W range

$13 – $39

Volume

10.3M

Kinross Gold Corporation (KGC) Financial Forecast & Price Target 2030

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

Price target summary

Current

$29.86

Consensus

$34.75

+16.38%

2030 Target

—

DCF

$21.00

-65.81% MoS

Current price

$29.86

Analyst consensus

$34.75

+16.38%

2030 Target

—

Intrinsic (DCF)

$21.00

-65.81% MoS

6 analysts:

3 Buy1 Hold2 Sell

Management guidance

Management has not provided specific multi-year revenue guidance in available documents. However, 2025 results showed record free cash flow of $2.5B and record operating cash flow of $4.18B with 2M gold equivalent ounces produced, demonstrating operational strength. The company initiated permitting for a $1.5B Chile mine project, indicating material production capacity expansion expected in the 2028-2030 timeframe.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$179.61

—

Base case (2030)

$107.13

—

Bear case (2030)

$72.47

—

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)
Revenue	$4.2B	$5.1B	$7.2B	$9.4B	$9.9B	$10.8B
Revenue growth	—	21.4%	39.3%	33.6%	4.8%	8.9%
EPS	$0.44	$0.67	$1.84	$2.91	$3.18	$3.55
P/S ratio	—	—	—	12.0x	12.0x	12.0x
Implied price	—	—	—	$94.53	$97.68	$107.13

Catalysts & risks

Growth catalysts

+ $1.5B Chile mine project entering permitting phase with potential production by 2028-2029

+ Gold price strength supporting higher margins and free cash flow conversion

+ Record 2025 cash generation enabling shareholder returns and strategic M&A or debt reduction

+ Production growth from operational portfolio optimization and new mine development

Key risks

- Gold price volatility directly impacts revenue and margins; correction from current levels would reduce projections

- Mining permitting delays in Chile and other jurisdictions could push production ramp timelines

- Geopolitical and regulatory risks in operating countries (Canada, West Africa, Russia, Chile, Brazil)

- Operating cost inflation in mining and energy inputs affecting cash conversion

Methodology

Kinross Gold Corporation's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 6 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.