New Found Gold Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, New Found Gold stock has a consensus rating of "Strong Buy" and an average price target of $4.92. The average 1-year stock price forecast is 116.74% higher than the current stock price, while the lowest is $4.75 (+109.25%) and the highest is $5.00 (+120.26%).

Price Target: $4.92 (+116.74%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$4.75	$4.92	$5.00	$5.00
Change	+109.25%	+116.74%	+120.26%	+120.26%

* Price targets were last updated on May 4, 2026.

Analyst Ratings

The average analyst rating for New Found Gold 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

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	2	2	2	2
Buy	2	2	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mike Niehuser Roth MKM	Roth MKM	Buy Maintains $2.93 → $6.97	Buy	Maintains	$2.93 → $6.97	+207.18%	May 4, 2026
Andrew Mikitchook BMO Capital	BMO Capital	Buy Maintains $5.00	Buy	Maintains	$5.00	+120.26%	Apr 30, 2026

Financial Forecast

Revenue This Year

74.40M

from 5.81M

1,181.22%

from 5.81M

Revenue Next Year

294.50M

from 74.40M

295.83%

from 74.40M

EPS This Year

-0.10

from -0.18

EPS Next Year

0.21

from -0.10

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	5.81M	74.40M
Revenue Growth	-	-	-	-	-	1,181.22%
Operating Income	-56.43M	-88.07M	-102.84M	-60.32M	-59.20M	7.20M
Net Income	-50.64M	-89.99M	-79.89M	-50.27M	-47.57M	-50.60M
EPS	-	-	-	-	-0.18	-0.10
Free Cash Flow	-22.11M	-37.46M	-72.00M	-56.13M	-26.73M	-137.49M
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2026	2027	2028
High	81.8M
Avg	74.4M
Low	67.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	1,308.7%
Avg	1,181.2%
Low	1,053.8%

EPS Forecast

EPS	2026	2027	2028
High	-0.08
Avg	-0.10
Low	-0.12

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-