New Found Gold Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for New Found Gold stock has a target of $5.00, which predicts a 216.46% increase from the current stock price of 1.58.

Price Target: $5.00 (+216.46%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$5.00	$5.00	$5.00	$5.00
Change	+216.46%	+216.46%	+216.46%	+216.46%

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

Analyst Ratings

According to 1 stock analyst, the rating for New Found Gold is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '24	Mar '25	Jul '25	Nov '25	Mar '26	May '26
Strong Buy	0	1	1	1	1	1
Buy	1	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	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mike Niehuser Roth MKM	Roth MKM	Buy Maintains $2.1 → $5	Buy	Maintains	$2.1 → $5	+216.46%	May 4, 2026
Andrew Mikitchook BMO Capital	BMO Capital	Buy Maintains $3.59	Buy	Maintains	$3.59	+127.10%	Apr 30, 2026

Financial Forecast

Revenue This Year

54.07M

from 5.81M

831.06%

from 5.81M

Revenue Next Year

288.85M

from 54.07M

434.25%

from 54.07M

EPS This Year

-0.09

from -0.18

EPS Next Year

0.14

from -0.09

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	54.07M
Revenue Growth	-	-	-	-	-	831.06%
Operating Income	-56.43M	-88.07M	-102.84M	-60.32M	-59.20M	-14.90M
Net Income	-50.64M	-89.99M	-79.89M	-50.27M	-47.57M	-36.00M
EPS	-	-	-	-	-0.18	-0.09
Free Cash Flow	-22.11M	-37.46M	-72.00M	-56.13M	-26.73M	-57.74M
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

Revenue	2026	2027	2028
High	78.2M
Avg	54.1M
Low	40.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	1,246.7%
Avg	831.1%
Low	588.8%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-0.09
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-