IAMGOLD Corporation (IAG) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$18.34
Price Target
$29.50
Target Range
$25.00 — $34.00
Analyst Rating
Buy
Forward P/E7.7x
Trailing P/E15.8x
Forward PEG0.12
Implied Growth+106.2%
Median Target$29.50
Analyst Spread30.5%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$25
+36.3%
Consensus
$30
+60.9%
Bull Case
$34
+85.4%
IAG Price Target Analysis
Updated May 7, 2026As of May 7, 2026, IAMGOLD Corporation (IAG) has a Wall Street consensus price target of $29.50, based on estimates from 29 covering analysts. With the stock currently trading at $18.34, this represents a potential upside of +60.9%. The company has a market capitalization of $10.80B.
Analyst price targets range from a low of $25.00 to a high of $34.00, representing a 31% spread in expectations. The median target of $29.50 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 11 analysts rating the stock as a Buy or Strong Buy,11 rating it Hold, and 7 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, IAG trades at a trailing P/E of 15.8x and forward P/E of 7.7x. The forward PEG ratio of 0.12 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +106.2% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Basic Materials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+34.7%
Avg Forward P/E12.5x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 EGOEldorado Gold Corporation | $6.6B | $33.15 | $52.67 | +58.9% | Hold | 7.8x | 24 |
 CDECoeur Mining, Inc. | $11.6B | $18.11 | $29.00 | +60.1% | Buy | 9.1x | 21 |
 PAASPan American Silver Corp. | $24.4B | $57.81 | $75.00 | +29.7% | Buy | 12.4x | 24 |
 HLHecla Mining Company | $12.1B | $18.09 | $23.83 | +31.7% | Hold | 19.1x | 26 |
 KGCKinross Gold Corporation | $36.4B | $30.42 | $42.25 | +38.9% | Buy | 9.7x | 28 |
 NEMNewmont Corporation | $125.7B | $113.47 | $137.50 | +21.2% | Buy | 10.9x | 36 |
 AEMAgnico Eagle Mines Limited | $94.0B | $187.69 | $237.71 | +26.6% | Buy | 13.5x | 31 |
 AUAngloGold Ashanti Plc | $50.6B | $100.18 | $133.00 | +32.8% | Buy | 9.2x | 14 |
 AGIAlamos Gold Inc. | $17.8B | $42.36 | $54.50 | +28.7% | Buy | 15.0x | 13 |
 OROR Royalties Inc. | $7.0B | $37.45 | $44.50 | +18.8% | Buy | 18.3x | 9 |
Upside Potential Comparison
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Start ComparisonIAG — Frequently Asked Questions
Quick answers to the most common questions about buying IAG stock.
What is the IAG stock price target for 2026?
The consensus Wall Street price target for IAG is $29.5, representing 60.9% upside from the current price of $18.34. With 29 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is IAG a buy, sell, or hold?
IAG has a consensus rating of "Buy" based on 29 Wall Street analysts. The rating breakdown is mixed, with 11 Hold ratings making up the largest segment. The consensus 12-month price target of $29.5 implies 60.9% upside from current levels.
Is IAG stock overvalued or undervalued?
With a forward P/E of 7.7026x, IAG trades at a relatively low valuation. The consensus target of $29.5 implies 60.9% appreciation, suggesting meaningful undervaluation.
How high can IAG stock go?
The most bullish Wall Street analyst has a price target of $34 for IAG, while the most conservative target is $25. The consensus of $29.5 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover IAG stock?
IAG is heavily covered by Wall Street, with 29 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 11 have Buy ratings, 11 recommend Hold, and 7 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the IAG stock forecast?
The 12-month IAG stock forecast based on 29 Wall Street analysts shows a consensus price target of $29.5, with estimates ranging from $25 (bear case) to $34 (bull case). The median consensus rating is "Buy".
What is IAG's forward P/E ratio?
IAG trades at a forward P/E ratio of 7.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 15.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy IAG stock?
Wall Street analysts are very optimistic on IAG, with a "Buy" consensus rating and $29.5 price target (60.9% upside). 11 of 29 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do IAG price targets vary so much?
IAG analyst price targets range from $25 to $34, a 31% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $29.5 consensus represents the middle ground.