NovaGold Resources Inc. (TSX:NG)
Canada · Delayed Price · Currency is CAD 11.47
+0.11 (0.97%)
May 26, 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 $20.22. The average 1-year stock price forecast is 76.29% higher than the current stock price, while the lowest is $17.00 (+48.21%) and the highest is $24.00 (+109.24%).
Price Target: $20.22 (+76.29%)
Analyst Consensus: Buy
* Price targets were last updated on Apr 8, 2026.
Analyst 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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 3 | 4 | 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 | 5 | 4 | 6 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Initiates $19.06 | Buy | Initiates | $19.06 | +66.13% | Apr 8, 2026 |
| Canaccord Genuity | Canaccord Genuity | Buy Initiates $17.95 | Buy | Initiates | $17.95 | +56.50% | Mar 27, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates $24.85 → $19.33 | Buy | Reiterates | $24.85 → $19.33 | +68.54% | Mar 19, 2026 |
Francesco Costanzo Scotiabank No rating | Scotiabank | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Feb 5, 2026 |
| BMO Capital | BMO Capital | Buy Initiates $24.00 | Buy | Initiates | $24.00 | +109.24% | Feb 5, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.