ASX:NGI Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, ASX:NGI stock has a consensus rating of "Strong Buy" and an average price target of $3.59. The average 1-year stock price forecast is 39.69% higher than the current stock price, while the lowest is $3.04 (+18.29%) and the highest is $4.20 (+63.42%).

Price Target: $3.59 (+39.69%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$3.04	$3.59	$3.60	$4.20
Change	+18.29%	+39.69%	+40.08%	+63.42%

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	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	5	5	4	5	6	6
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	4	5	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Phillip Chippindale Ord Minnett	Ord Minnett	Buy Maintains $3.65	Buy	Maintains	$3.65	+42.02%	Aug 25, 2026
Richard Coles Morgans	Morgans	Buy Maintains $3.13 → $3.04	Buy	Maintains	$3.13 → $3.04	+18.29%	Aug 25, 2026
Unknown Analyst Macquarie No rating	Macquarie	Buy Maintains $3.28 → $3.24	Buy	Maintains	$3.28 → $3.24	+26.07%	Aug 25, 2026
Fraser Noye UBS	UBS	Buy Maintains $3.60	Buy	Maintains	$3.60	+40.08%	Aug 24, 2026
Lindsay Bettiol Goldman Sachs	Goldman Sachs	Buy Initiates $3.63	Buy	Initiates	$3.63	+41.25%	Jun 22, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

255.30M

from 417.72M

-38.88%

from 417.72M

Revenue Next Year

277.53M

from 255.30M

8.71%

from 255.30M

EPS This Year

0.18

from 0.13

42.26%

from 0.13

EPS Next Year

0.19

from 0.18

4.43%

from 0.18

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	84.15M	83.54M	96.18M	123.21M	417.72M	255.30M
Revenue Growth	-5.56%	-0.73%	15.13%	28.11%	239.02%	-38.88%
Operating Income	18.28M	13.62M	17.61M	27.91M	91.41M	146.47M
Net Income	38.70M	35.51M	66.31M	119.36M	21.20M	127.13M
EPS	-	-	-	-	0.13	0.18
EPS Growth	-	-	-	-	-46.90%	42.26%
Forward PE	8.07	6.75	11.21	7.49	11.48	9.99
Dividend / Share	0.09	0.03	0.03	0.03	-	-
Free Cash Flow	101.13M	44.47M	-45.23M	15.82M	38.62M	128.18M
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	261.0M
Avg	255.3M
Low	249.2M

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	-37.5%
Avg	-38.9%
Low	-40.3%

EPS Forecast

Chart

EPS	2027	2028	2029
High	0.19
Avg	0.18
Low	0.18

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	46.1%
Avg	42.3%
Low	38.4%