Analysts upgraded statutory forecasts for Equinox Gold Corp. following an optimistic revision of the company’s sales pipeline. New projections estimate 2026 revenues will reach US$4.0 billion. This target represents a 39% increase compared to the previous 12 months.
The earnings per share forecast remains unchanged at US$1.22. Equinox Gold shares rose 29% over the past week. Despite the revenue upgrade, the consensus price target remains steady.
Analysts indicate that earnings remain the primary driver of the company's valuation. Equinox Gold is projected to significantly outpace growth across the wider industry.