NEW GOLD INC (NGD) Forecast, Price Target & Analyst Ratings

NYSEARCA:NGD • CA6445351068

Current stock price

9.08 USD
-0.39 (-4.12%)
At close:
9.03 USD
-0.05 (-0.55%)
Pre-Market:

Analyst forecast overview

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

Forecast Snapshot

Consensus Price Target

Price Target
$9.66
+ 6.36% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 27, 2026
Period
Q1 / 2026
EPS Estimate
$0.38
Revenue Estimate
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
78.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$9.66
Upside
+ 6.36%
From current price of $9.08 to mean target of $9.66, Based on 10 analyst forecasts
Low
$4.19
Median
$10.27
High
$13.38

Price Target Revisions

1 Month
0.00%
3 Months
15.01%

Price Target Summary

10 Wall Street analysts provided a forecast for the next 12 months for NGD. The average price target is 9.66 USD. This implies a price increase of 6.36% is expected in the next year compared to the current price of 9.08.
The average price target has been revised upward by 15.01% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NGD Current Analyst RatingNGD Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

NGD Historical Analyst RatingsNGD 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
78.00%
NGD was analyzed by 10 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about NGD.
In the previous month the buy percentage consensus was at a similar level.
NGD was analyzed by 10 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-01-26ScotiaBankMaintains Sector Outperform -> Sector Outperform
2025-10-23ScotiaBankMaintains Sector Outperform -> Sector Outperform
2025-10-10CIBCMaintains Outperformer -> Outperformer
2025-07-15CIBCMaintains Outperformer -> Outperformer
2025-05-08CIBCMaintains Outperformer -> Outperformer
2025-04-14ScotiaBankMaintains Sector Outperform -> Sector Outperform
2025-04-08ScotiaBankMaintains Sector Outperform -> Sector Outperform
2025-02-13ScotiaBankMaintains Sector Outperform -> Sector Outperform
2024-09-17ScotiaBankMaintains Sector Outperform -> Sector Outperform
2024-08-19ScotiaBankMaintains Sector Outperform -> Sector Outperform
2024-07-10CIBCMaintains Outperformer -> Outperformer
2024-06-03CIBCUpgrade Neutral -> Outperformer
2024-05-31BMO CapitalMaintains Outperform -> Outperform
2024-05-23ScotiaBankMaintains Sector Outperform -> Sector Outperform
2024-05-21ScotiaBankUpgrade Sector Perform -> Sector Outperform
2024-04-08ScotiaBankMaintains Sector Perform -> Sector Perform
2022-12-06TD SecuritiesDowngrade Hold -> Reduce
2022-10-03RBC CapitalUpgrade Sector Perform -> Outperform
2022-07-12RBC CapitalMaintains Sector Perform
2022-01-18Canaccord GenuityDowngrade Buy -> Hold
2021-09-08RBC CapitalUpgrade Underperform -> Sector Perform
2021-08-12National Bank FinancialDowngrade Sector Perform
2021-08-12RBC CapitalMaintains Underperform
2021-08-12BMO Capital MarketsDowngrade
2021-08-12TD SecuritiesDowngrade Hold

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 27, 2026
Period
Q1 / 2026
EPS Estimate
$0.38
Revenue Estimate
N/A
Revenue Q2Q
N/A
EPS Q2Q
1,819.00%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-7.14%
EPS (1 Month)
16.82%
EPS (3 Months)
8.70%

Next Earnings Summary

NGD is expected to report earnings on 4/27/2026. The consensus EPS estimate for the next earnings is 0.38 USD and the consensus revenue estimate is null USD.
The next earnings revenue estimate has been revised downward by 7.14% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ 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

2022 2023 2024 2025 2026 2027 2028 2029
Revenue
YoY % growth
NGD revenue by date.NGD revenue by date.
604.4M
-18.93%		786.5M
30.13%		924.5M
17.55%		1.489B
61.06%		2.472B
66.02%		2.267B
-8.29%		1.76B
-22.36%		N/A
EBITDA
YoY % growth
NGD ebitda by date.NGD ebitda by date.
182.3M
-45.30%		296.9M
62.86%		430.4M
44.96%		877.21M
103.81%		1.867B
112.83%		1.727B
-7.50%		1.098B
-36.42%		1.153B
5.01%
EBIT
YoY % growth
NGD ebit by date.NGD ebit by date.
-13.6M
-109.96%		61.8M
554.41%		182.3M
194.98%		605.7M
232.25%		1.422B
134.77%		1.292B
-9.14%		845.37M
-34.57%		N/A
Operating Margin
NGD operating margin by date.NGD operating margin by date.
-2.25%7.86%19.72%40.68%57.52%56.99%48.03%N/A
EPS
YoY % growth
NGD eps by date.NGD eps by date.
-0.03
-125.00%		0.07
333.33%		0.19
171.43%		0.61
273.68%		1.30
82.69%		1.17
-9.52%		0.91
-22.55%		0.78
-14.44%

All data in USD

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

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		0.38
1,819.00%		0.37
239.73%		0.38
53.52%		0.37
13.24%		0.34
-10.53%		0.34
-8.11%		0.34
-10.53%		0.34
-8.11%
Revenue
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/A
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/A

All data in USD

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

NGD Yearly Revenue VS EstimatesNGD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B
NGD Yearly EPS VS EstimatesNGD Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 0.2 0.4 0.6 0.8 1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
8.58%
EPS Next 5 Year
2.30%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.73%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
121.53%
EBIT Next 5 Year
48.65%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NEW GOLD INC / NGD Forecast FAQ

What is the average price target for NEW GOLD INC (NGD) stock?

10 analysts have analysed NGD and the average price target is 9.66 USD. This implies a price increase of 6.36% is expected in the next year compared to the current price of 9.08.

Can you provide the upcoming earnings date for NEW GOLD INC?

NEW GOLD INC (NGD) will report earnings on 2026-04-27.

What is the number of analysts for NGD stock?

The number of analysts covering NEW GOLD INC (NGD) is 10.