NEW FOUND GOLD CORP (NFG.CA) Forecast, Price Target & Analyst Ratings

TSX-V:NFG • CA64440N1033

3.39 CAD
-0.12 (-3.42%)
Last: Mar 11, 2026, 07:00 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NEW FOUND GOLD CORP (NFG.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$5.09
+ 50.07% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release DateMar 19, 2026
PeriodQ4 / 2025
EPS Estimate-CA$0.01
Revenue Estimate16.686M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
83.33%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$5.09
Upside
+ 50.07%
From current price of CA$3.39 to mean target of CA$5.09, Based on 12 analyst forecasts
Low
CA$4.29
Median
CA$5.10
High
CA$5.99

Price Target Revisions

1 Month
2.57%
3 Months
14.00%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for NFG.CA. The average price target is 5.09 CAD. This implies a price increase of 50.07% is expected in the next year compared to the current price of 3.39.
The average price target has been revised upward by 14% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NFG Current Analyst RatingNFG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

NFG Historical Analyst RatingsNFG Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
83.33%
NFG.CA was analyzed by 12 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about NFG.CA.
In the previous month the buy percentage consensus was at a similar level.
NFG.CA was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-06-06BMO FinancialInitiate Outperform

Next Earnings Forecast Details

Next Earnings Details

Release DateMar 19, 2026
PeriodQ4 / 2025
EPS Estimate-CA$0.01
Revenue Estimate16.686M
Revenue Q2QN/A
EPS Q2Q85.29%
Number of Analysts4

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

NFG.CA is expected to report earnings on 3/19/2026. The consensus EPS estimate for the next earnings is -0.01 CAD and the consensus revenue estimate is 16.69M CAD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
Revenue
YoY % growth
NFG.CA revenue by date.NFG.CA revenue by date.
N/AN/A
1,766.64%
N/A
118.57%
N/A
18.32%
N/A
-3.57%
EBITDA
YoY % growth
NFG.CA ebitda by date.NFG.CA ebitda by date.
-2.656M-3.913M
-47.33%
-38.217M
-876.70%
-56.079M
-46.74%
-87.837M
-56.63%
-102.527M
-16.73%
-59.503M
41.96%
N/A
33.36%
N/A
428.71%
N/A
99.99%
N/A
43.47%
N/A
3.09%
EBIT
YoY % growth
NFG.CA ebit by date.NFG.CA ebit by date.
-2.66M-3.925M
-47.57%
-38.347M
-876.90%
-56.662M
-47.76%
-88.717M
-56.57%
-103.468M
-16.63%
-60.317M
41.70%
N/A
53.98%
N/A
441.56%
N/A
179.85%
N/A
29.39%
N/A
-14.49%
Operating Margin
NFG.CA operating margin by date.NFG.CA operating margin by date.
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
EPS
YoY % growth
NFG.CA eps by date.NFG.CA eps by date.
N/AN/AN/AN/A
-300.00%
N/A
-6.25%
-0.43
1.77%
-0.26
39.53%
N/A
38.60%
N/A
322.58%
N/A
1.45%
N/A
54.29%
N/A
19.44%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth
-0.01
85.29%
0.05
228.75%
0.07
244.20%
0.11
288.83%
0.11
1,200.00%
Revenue
Q2Q % growth
16.686M45.423M56.444M72.718M72.718M
335.80%
EBITDA
Q2Q % growth
N/AN/AN/AN/AN/A
EBIT
Q2Q % growth
-5.15M
69.42%
16.377M
274.16%
22.763M
291.90%
37.595M
317.67%
38.625M
850.00%

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

NFG.CA Yearly Revenue VS EstimatesNFG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2024 2025 2026 2027 2028 2029 100M 200M 300M 400M 500M
NFG.CA Yearly EPS VS EstimatesNFG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 0.2 -0.2 0.4 -0.4 0.6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
50.17%
EPS Next 5 Year
35.43%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
568.84%
Revenue Next 5 Year
221.11%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
79.85%
EBIT Next 5 Year
50.21%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NEW FOUND GOLD CORP / NFG.CA Forecast FAQ

What is the price target for NFG stock?

12 analysts have analysed NFG.CA and the average price target is 5.09 CAD. This implies a price increase of 50.07% is expected in the next year compared to the current price of 3.39.


What is the next earnings date for NFG stock?

NEW FOUND GOLD CORP (NFG.CA) will report earnings on 2026-03-19, after the market close.


What are the consensus estimates for NFG stock next earnings?

The consensus EPS estimate for the next earnings of NEW FOUND GOLD CORP (NFG.CA) is -0.01 CAD and the consensus revenue estimate is 16.69M CAD.


How many analysts cover NEW FOUND GOLD CORP (NFG.CA) stock?

The number of analysts covering NEW FOUND GOLD CORP (NFG.CA) is 12.