NOVAGOLD RESOURCES INC (NG.CA) Forecast, Price Target & Analyst Ratings

TSX:NG • CA66987E2069

Current stock price

10.93 CAD
-0.07 (-0.64%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NOVAGOLD RESOURCES INC (NG.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$20.63
+ 88.77% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jun 23, 2026
Period
Q2 / 2026
EPS Estimate
-$0.05
Revenue Estimate
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
85.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$20.63
Upside
+ 88.77%
From current price of CA$10.93 to mean target of CA$20.63, Based on 12 analyst forecasts
Low
CA$13.46
Median
CA$17.67
High
CA$40.24

Price Target Revisions

1 Month
-7.97%
3 Months
30.48%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for NG.CA. The average price target is 20.63 CAD. This implies a price increase of 88.76% is expected in the next year compared to the current price of 10.93.
The average price target has been revised upward by 30.48% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NG Current Analyst RatingNG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

NG Historical Analyst RatingsNG 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
85.00%
NG.CA was analyzed by 12 analysts. The buy percentage consensus is at 85. So analysts seem to be very confident about NG.CA.
In the previous month the buy percentage consensus was at a similar level.
NG.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
2022-10-13National Bank of Canada FinancialUpgrade
2022-07-20National Bank of Canada FinancialInitiate Outperform
2022-04-07Scotiabank CapitalMaintains Sector Perform
2022-02-07RBC RoyalbankInitiate Sector Perform
2022-02-07RBC CapitalInitiate Sector Perform
2022-01-28Scotiabank CapitalMaintains Sector Perform
2021-12-02ScotiaBankFinancialMaintains Sector Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jun 23, 2026
Period
Q2 / 2026
EPS Estimate
-$0.05
Revenue Estimate
Revenue Q2Q
N/A
EPS Q2Q
-24.63%
Number of Analysts
9

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
0.72%
EPS (3 Months)
-26.27%

Next Earnings Summary

NG.CA is expected to report earnings on 6/23/2026. The consensus EPS estimate for the next earnings is -0.05 CAD and the consensus revenue estimate is 0 CAD.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

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

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
NG.CA revenue by date.NG.CA revenue by date.
N/AN/AN/AN/AN/AN/AN/AN/A
167.86%
EBITDA
YoY % growth
NG.CA ebitda by date.NG.CA ebitda by date.
N/AN/A
-6.05%		N/A
-23.18%		N/A
13.82%		N/A
-13.24%		N/A
-25.19%		N/A
-9.06%		N/A
-13.89%		N/A
53.66%		N/A
-63.16%		N/A
-29.93%		N/A
-28.48%		N/A
-7.19%		N/A
11.39%		N/A
55.55%		N/A
8.52%		N/AN/A
5,448.40%		N/A
205.45%
EBIT
YoY % growth
NG.CA ebit by date.NG.CA ebit by date.
-20.288M-20.179M
0.54%		-20.802M
-3.09%		-18.493M
11.10%		-16.321M
11.74%		-18.735M
-14.79%		-20.21M
-7.87%		-20.109M
0.50%		-21.783M
-8.32%		-24.936M
-14.47%		-25.378M
-1.77%		N/A
-145.92%		N/A
8.45%		N/A
11.39%		N/AN/AN/AN/AN/A
Operating Margin
NG.CA operating margin by date.NG.CA operating margin by date.
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
EPS
YoY % growth
NG.CA eps by date.NG.CA eps by date.
-0.10-0.10N/A
3.75%		-0.10
-3.37%		-0.08
19.60%		-0.10
-25.00%		N/A
-23.60%		-0.16
-29.45%		-0.13
18.75%		-0.13-0.14
-7.69%		N/A
-31.40%		N/A
0.22%		N/A
26.86%		N/A
69.31%		N/AN/AN/AN/A

All data in USD

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

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		-0.05
-24.63%		-0.05
-35.19%		-0.01
65.67%		-0.05
-22.31%		-0.05
7.02%		-0.11
-100.00%		-0.09
-775.00%		-0.03
36.84%		-0.03
33.33%		-0.04
61.90%		-0.03
65.71%
Revenue
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/A
EBITDA
Q2Q % growth		-16.48M
-30.27%		-15.432M
-22.31%		-15.432M
-16.72%		N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		-20.922M
-259.54%		-25.364M
-303.95%		-25.364M
-199.17%		N/AN/AN/AN/AN/AN/AN/AN/A

All data in USD

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

NG.CA Yearly Revenue VS EstimatesNG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2032 2033 1B 2B 3B
NG.CA Yearly EPS VS EstimatesNG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 -0.05 -0.1 -0.15 -0.2 -0.25

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
1.35%
EPS Next 5 Year
14.28%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
-6.86%
EBIT Next 5 Year
8.50%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NOVAGOLD RESOURCES INC / NG.CA Forecast FAQ

Can you provide the average price target for NOVAGOLD RESOURCES INC stock?

12 analysts have analysed NG.CA and the average price target is 20.63 CAD. This implies a price increase of 88.76% is expected in the next year compared to the current price of 10.93.

Can you provide the upcoming earnings date for NOVAGOLD RESOURCES INC?

NOVAGOLD RESOURCES INC (NG.CA) will report earnings on 2026-06-23.

Can you provide the consensus estimates for NOVAGOLD RESOURCES INC next earnings?

The consensus EPS estimate for the next earnings of NOVAGOLD RESOURCES INC (NG.CA) is -0.05 CAD and the consensus revenue estimate is 0 CAD.

What is the consensus rating for NG stock?

The consensus rating for NOVAGOLD RESOURCES INC (NG.CA) is 85 / 100 . This indicates that analysts generally have a positive outlook on the stock.