Stock Price Prediction

GROY stock has a bullish outlook with a mean price target of $3.45, representing a 151.8% upside from current levels. Analysts highlight its strong position in the gold market, supported by a diversified royalty portfolio and expected revenue growth of 60% CAGR through the decade. Additionally, the highest price target of $5.75 suggests a potential rally of up to 319.7%, driven by favorable gold price trends and strategic acquisitions.

GROY stock currently trades at a depressed level, with a mean analyst price target of $3.45, implying a 151.8% upside. However, its Q3 2024 revenue missed estimates by 40.2%, reflecting operational challenges. Despite this, the bullish gold market outlook and GROY's diversified royalty portfolio suggest potential for recovery if gold prices rise further.