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

NYSEARCA:NG • CA66987E2069

Current stock price

8.81 USD
-0.46 (-4.96%)
At close:
8.84 USD
+0.03 (+0.34%)
After Hours:

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).

Forecast Snapshot

Consensus Price Target

Price Target
$14.16
+ 60.74% 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
$14.16
Upside
+ 60.74%
From current price of $8.81 to mean target of $14.16, Based on 12 analyst forecasts
Low
$10.10
Median
$13.26
High
$22.05

Price Target Revisions

1 Month
-13.41%
3 Months
24.33%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for NG. The average price target is 14.16 USD. This implies a price increase of 60.74% is expected in the next year compared to the current price of 8.81.
The average price target has been revised upward by 24.33% 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 was analyzed by 12 analysts. The buy percentage consensus is at 85. So analysts seem to be very confident about NG.
In the previous month the buy percentage consensus was at a similar level.
NG 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
2026-04-09Morgan StanleyInitiate Overweight
2026-03-27Canaccord GenuityInitiate Buy
2026-03-19RBC CapitalMaintains Outperform -> Outperform
2026-01-27B. Riley SecuritiesMaintains Buy -> Buy
2025-10-15CitigroupMaintains Buy -> Buy
2025-09-30B. Riley SecuritiesMaintains Buy -> Buy
2025-07-16CitigroupInitiate Buy
2025-06-04RBC CapitalUpgrade Sector Perform -> Outperform
2023-06-21B. Riley SecuritiesReiterate Buy -> Buy

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
-28.75%
Number of Analysts
9

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
-2.56%
EPS (3 Months)
-30.45%

Next Earnings Summary

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

Full Analyst Estimates 2026 - 2029

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
Revenue
YoY % growth
NG revenue by date.NG revenue by date.
N/AN/AN/AN/A
EBITDA
YoY % growth
NG ebitda by date.NG 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
55.21%
EBIT
YoY % growth
NG ebit by date.NG 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/A
Operating Margin
NG operating margin by date.NG operating margin by date.
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
EPS
YoY % growth
NG eps by date.NG 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
54.04%

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
-28.75%		-0.05
-35.19%		-0.01
65.67%		-0.05
-22.31%		-0.05
10.00%		-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		-15.432M
-21.99%		-15.432M
-22.31%		-15.432M
-16.72%		N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		-25.364M
-335.88%		-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 Yearly EPS VS EstimatesNG 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
11.75%

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
9.80%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NOVAGOLD RESOURCES INC / NG Forecast FAQ

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

12 analysts have analysed NG and the average price target is 14.16 USD. This implies a price increase of 60.74% is expected in the next year compared to the current price of 8.81.

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

NOVAGOLD RESOURCES INC (NG) 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) is -0.05 USD and the consensus revenue estimate is 0 USD.

What is the consensus rating for NG stock?

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