New Found Gold Corp. (NFGC)
NYSEAMERICAN: NFGC · Real-Time Price · USD
1.890
-0.040 (-2.07%)
May 22, 2026, 4:00 PM EDT - Market closed
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 $3.64, which predicts a 92.59% increase from the current stock price of 1.89.
Price Target: $3.64 (+92.59%)
Analyst Consensus: Strong Buy
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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| 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 | 1 | 1 | 1 | 1 | 1 | 0 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $9 → $5 | Strong Buy | Maintains | $9 → $5 | +164.55% | Mar 10, 2025 |
| Roth MKM | Roth MKM | Strong Buy Maintains $9 | Strong Buy | Maintains | $9 | +376.19% | Apr 23, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $8.5 → $9 | Strong Buy | Maintains | $8.5 → $9 | +376.19% | Apr 8, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +376.19% | Sep 21, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +376.19% | Sep 6, 2023 |
Financial Forecast
Revenue This Year
163.77M
from 5.81M
Increased by 2,720.23%
Revenue Next Year
364.98M
from 163.77M
Increased by 122.86%
EPS This Year
0.34
from -0.20
EPS Next Year
0.39
from 0.34
Increased by 15.15%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 251.8M | 426.0M | ||
| Avg | 163.8M | 365.0M | ||
| Low | 76.6M | 296.9M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 4,236.0% | 160.1% | ||
| Avg | 2,720.2% | 122.9% | ||
| Low | 1,219.7% | 81.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 0.35 | 0.40 | ||
| Avg | 0.34 | 0.39 | ||
| Low | 0.32 | 0.37 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | - | 17.4% | ||
| Avg | - | 15.2% | ||
| Low | - | 9.6% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.