NovaGold Resources Inc. (TSX:NG)
Canada · Delayed Price · Currency is CAD 7.34
+0.06 (0.82%)
Jul 20, 2026, 4:00 PM EST
NovaGold Resources Stock Forecast
Stock Price Forecast
According to 8 analysts polled by S&P Global, NovaGold Resources stock has a consensus rating of "Buy" and an average price target of $20.32. The average 1-year stock price forecast is 176.84% higher than the current stock price, while the lowest is $17.00 (+131.61%) and the highest is $24.00 (+226.98%).
Price Target: $20.32 (+176.84%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for NovaGold Resources stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 4 | 5 | 5 | 5 | 5 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $19.60 → $19.31 | Buy | Maintains | $19.60 → $19.31 | +163.14% | Jul 8, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $24.00 | Buy | Maintains | $24.00 | +226.98% | Jun 26, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $19.88 | Buy | Maintains | $19.88 | +170.88% | Jun 22, 2026 |
| Canaccord Genuity | Canaccord Genuity | Buy Initiates $18.46 | Buy | Initiates | $18.46 | +151.53% | Mar 27, 2026 |
Francesco Costanzo Scotiabank No rating | Scotiabank | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Feb 5, 2026 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-0.15
from -0.25
EPS Next Year
-0.24
from -0.15
EPS and Forward PE are based on non-GAAP adjusted numbers.