NEW GOLD INC (NGD) Forecast, Price Target & Analyst Ratings
NYSEARCA:NGD • CA6445351068
11.78 USD
-0.13 (-1.09%)
At close: Mar 4, 2026
11.82 USD
+0.04 (+0.34%)
After Hours: 3/4/2026, 8:04:00 PM
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
$9.66
-18.02% Downside
Next Earnings Forecast
Release DateApr 27, 2026
PeriodQ4 / 2025
EPS Estimate$0.22
Revenue Estimate484.55M
ChartMill Buy Consensus
77.78%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$9.66
Upside
-18.02%
From current price of $11.78 to mean target of $9.66, Based on 9 analyst forecasts
Low
$4.19
Median
$10.27
High
$13.38
Price Target Revisions
1 Month
14.75%
3 Months
24.09%
Price Target Summary
9 analysts have analysed NGD and the average price target is 9.66 USD. This implies a price decrease of -18.02% is expected in the next year compared to the current price of 11.78.
The average price target has been revised upward by 24.09% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
77.78%
NGD was analyzed by 9 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 9 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-01-26 | ScotiaBank | Maintains | Sector Outperform -> Sector Outperform |
| 2025-10-23 | ScotiaBank | Maintains | Sector Outperform -> Sector Outperform |
| 2025-10-10 | CIBC | Maintains | Outperformer -> Outperformer |
| 2025-07-15 | CIBC | Maintains | Outperformer -> Outperformer |
| 2025-05-08 | CIBC | Maintains | Outperformer -> Outperformer |
| 2025-04-14 | ScotiaBank | Maintains | Sector Outperform -> Sector Outperform |
| 2025-04-08 | ScotiaBank | Maintains | Sector Outperform -> Sector Outperform |
| 2025-02-13 | ScotiaBank | Maintains | Sector Outperform -> Sector Outperform |
| 2024-09-17 | ScotiaBank | Maintains | Sector Outperform -> Sector Outperform |
| 2024-08-19 | ScotiaBank | Maintains | Sector Outperform -> Sector Outperform |
| 2024-07-10 | CIBC | Maintains | Outperformer -> Outperformer |
| 2024-06-03 | CIBC | Upgrade | Neutral -> Outperformer |
| 2024-05-31 | BMO Capital | Maintains | Outperform -> Outperform |
| 2024-05-23 | ScotiaBank | Maintains | Sector Outperform -> Sector Outperform |
| 2024-05-21 | ScotiaBank | Upgrade | Sector Perform -> Sector Outperform |
| 2024-04-08 | ScotiaBank | Maintains | Sector Perform -> Sector Perform |
| 2022-12-06 | TD Securities | Downgrade | Hold -> Reduce |
| 2022-10-03 | RBC Capital | Upgrade | Sector Perform -> Outperform |
| 2022-07-12 | RBC Capital | Maintains | Sector Perform |
| 2022-01-18 | Canaccord Genuity | Downgrade | Buy -> Hold |
| 2021-09-08 | RBC Capital | Upgrade | Underperform -> Sector Perform |
| 2021-08-12 | National Bank Financial | Downgrade | Sector Perform |
| 2021-08-12 | RBC Capital | Maintains | Underperform |
| 2021-08-12 | BMO Capital Markets | Downgrade | |
| 2021-08-12 | TD Securities | Downgrade | Hold |
Next Earnings Forecast Details
Next Earnings Details
Release DateApr 27, 2026
PeriodQ4 / 2025
EPS Estimate$0.22
Revenue Estimate484.55M
Revenue Q2Q84.80%
EPS Q2Q208.77%
Number of Analysts7
Next Earnings Revisions
Revenue (1 Month)
-8.04%
Revenue (3 Months)
0.17%
EPS (1 Month)
-5.31%
EPS (3 Months)
-3.82%
Next Earnings Summary
NGD is expected to report earnings on 4/27/2026. The consensus EPS estimate for the next earnings is 0.22 USD and the consensus revenue estimate is 484.55M USD.
The next earnings revenue estimate has been revised upward by 0.17% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 604.4M -18.93% | 786.5M 30.13% | 924.5M 17.55% | 1.489B 61.06% | 2.426B 62.93% | 2.267B -6.55% | 1.76B -22.36% | N/A | |
| EBITDA YoY % growth | 182.3M -45.30% | 296.9M 62.86% | 430.4M 44.96% | 877.21M 103.81% | 1.822B 107.70% | 1.727B -5.21% | 1.098B -36.42% | 1.153B 5.01% | |
| EBIT YoY % growth | -13.6M -109.96% | 61.8M 554.41% | 182.3M 194.98% | 605.7M 232.25% | 1.332B 119.91% | 1.122B -15.77% | 845.37M -24.66% | N/A | |
| Operating Margin | -2.25% | 7.86% | 19.72% | 40.68% | 54.91% | 49.49% | 48.03% | N/A | |
| EPS YoY % growth | -0.03 -125.00% | 0.07 333.33% | 0.19 171.43% | 0.62 226.54% | 1.17 88.14% | 1.06 -9.58% | 0.91 -13.88% | 0.78 -14.44% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 25 | Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | |
|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.22 208.77% | 0.32 1,490.75% | 0.27 143.32% | 0.27 7.06% | 0.27 26.17% |
| Revenue Q2Q % growth | 484.55M 84.80% | N/A | N/A | N/A | N/A |
| EBITDA Q2Q % growth | 361.67M 11.18% | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | 278.57M 260.84% | N/A | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
77.10%
EPS Next 5 Year
32.56%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
34.22%
Revenue Next 5 Year
17.05%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
121.53%
EBIT Next 5 Year
48.65%
NEW GOLD INC / NGD Forecast FAQ
What is the average price target for NEW GOLD INC (NGD) stock?
9 analysts have analysed NGD and the average price target is 9.66 USD. This implies a price decrease of -18.02% is expected in the next year compared to the current price of 11.78.
Can you provide the upcoming earnings date for NEW GOLD INC?
NEW GOLD INC (NGD) will report earnings on 2026-04-27.
Can you provide the consensus estimates for NEW GOLD INC next earnings?
The consensus EPS estimate for the next earnings of NEW GOLD INC (NGD) is 0.22 USD and the consensus revenue estimate is 484.55M USD.
Can you provide the consensus rating for NEW GOLD INC stock?
The consensus rating for NEW GOLD INC (NGD) is 77.7778 / 100 . This indicates that analysts generally have a positive outlook on the stock.