ASX:NGI Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, ASX:NGI stock has a consensus rating of "Strong Buy" and an average price target of $3.65. The average 1-year stock price forecast is 54.66% higher than the current stock price, while the lowest is $3.39 (+43.64%) and the highest is $3.92 (+66.10%).

Price Target: $3.65 (+54.66%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$3.39	$3.65	$3.63	$3.92
Change	+43.64%	+54.66%	+53.81%	+66.10%

Analyst Ratings

The average analyst rating for ASX:NGI stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	5	5	5	4	5	5
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	4	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Richard Coles Morgans	Morgans	Buy Maintains $3.42 → $3.39	Buy	Maintains	$3.42 → $3.39	+43.64%	Jul 6, 2026
Fraser Noye UBS	UBS	Buy Maintains $3.80	Buy	Maintains	$3.80	+61.02%	Jul 3, 2026
Lindsay Bettiol Goldman Sachs	Goldman Sachs	Buy Initiates $3.63	Buy	Initiates	$3.63	+53.81%	Jun 22, 2026
Phillip Chippindale Ord Minnett	Ord Minnett	Buy Maintains $3.50 → $3.60	Buy	Maintains	$3.50 → $3.60	+52.54%	May 6, 2026
Unknown Analyst Macquarie No rating	Macquarie	Buy Maintains $3.17	Buy	Maintains	$3.17	+34.32%	Apr 21, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

64.38M

from 123.21M

-47.75%

from 123.21M

Revenue Next Year

78.22M

from 64.38M

21.50%

from 64.38M

EPS This Year

0.04

from 0.07

-47.74%

from 0.07

EPS Next Year

0.06

from 0.04

43.11%

from 0.04

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026
Revenue	89.10M	84.15M	83.54M	96.18M	123.21M	64.38M
Revenue Growth	-4.28%	-5.56%	-0.73%	15.13%	28.11%	-47.75%
Gross Profit	41.19M	33.42M	27.90M	31.19M	52.56M	32.09M
Gross Margin	46.22%	39.71%	33.40%	32.43%	42.66%	49.84%
Operating Income	24.46M	18.28M	13.62M	17.61M	27.91M	30.20M
Net Income	26.76M	38.70M	35.51M	66.31M	119.36M	11.26M
EPS	-	-	-	-	0.07	0.04
EPS Growth	-	-	-	-	48.52%	-47.74%
Forward PE	13.91	8.07	6.75	11.21	7.49	42.19
Dividend / Share	0.10	0.09	0.03	0.03	0.03	-
Dividend Growth	-	-10.53%	-64.71%	-	-	-100.00%
Free Cash Flow	21.77M	101.13M	44.47M	-45.23M	15.82M	24.44M
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	65.7M
Avg	64.4M
Low	61.9M

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	-46.7%
Avg	-47.8%
Low	-49.7%

EPS Forecast

Chart

EPS	2026	2027	2028
High	0.05
Avg	0.04
Low	0.03

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-34.7%
Avg	-47.7%
Low	-54.9%