13 Most Promising Gold Stocks According to Wall Street Analysts

Page 5 of 12

8. Royal Gold, Inc. (NASDAQ:RGLD)

Average Price Target Upside Potential According to Analysts: 26.05%

Number of Hedge Fund Holders: 30

Royal Gold, Inc. (NASDAQ:RGLD) is one of the most promising gold stocks according to Wall Street analysts. On August 11, CFRA upgraded Royal Gold, Inc. (NASDAQ:RGLD) from Buy to Strong Buy and increased the price target from $225 to $231.

The company announced agreements to acquire Sandstorm Gold and Horizon Copper. Royal Gold, Inc. (NASDAQ:RGLD) also acquired a $1 billion gold streaming agreement for Kansanshi. CFRA believes the company has positioned itself as a top-tier growth player in the streaming industry.

CFRA increased its EPS estimates for Royal Gold, Inc. (NASDAQ:RGLD). The firm raised its EPS estimate by $0.79 to $7.74 for 2025 and by $0.56 to $8.90 for 2026.

The research firm noted that the company’s portfolio will grow to 393 total interests. This gives Royal Gold, Inc. (NASDAQ:RGLD) strong diversification while it maintains a 78% gold revenue mix.

CFRA believes Royal Gold, Inc. (NASDAQ:RGLD) is currently undervalued. The company has a top-tier margin profile, a debt-free balance sheet, and about $1.25 billion in liquidity. The company also has a strong pipeline with 47 development-stage assets.

Royal Gold, Inc. (NASDAQ:RGLD) is a leading precious metals company focused on the acquisition and management of precious metal streams and royalty interests. The company has a well-diversified portfolio of precious metal streams, royalties, and similar production-based interests in several of the world’s most attractive mines.

Page 5 of 12