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 $13.51. The average 1-year stock price forecast is 87.12% higher than the current stock price, while the lowest is $12.27 (+69.94%) and the highest is $14.85 (+105.68%).

Price Target: $13.51 (+87.12%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$12.27	$13.51	$13.45	$14.85
Change	+69.94%	+87.12%	+86.29%	+105.68%

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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	3	3	3	3	3
Buy	2	3	4	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	4	6	7	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Harrison Reynolds RBC Capital	RBC Capital	Buy Maintains $14	Buy	Maintains	$14	+93.91%	Jun 4, 2026
Carlos De Alba Morgan Stanley	Morgan Stanley	Buy Initiates $14	Buy	Initiates	$14	+91.14%	Apr 8, 2026
Carey MacRury Canaccord Genuity	Canaccord Genuity	Buy Initiates $13	Buy	Initiates	$13	+80.06%	Mar 27, 2026
Francesco Costanzo Scotiabank No rating	Scotiabank	Buy Initiates n/a	Buy	Initiates	n/a	n/a	Feb 5, 2026
Raj Ray BMO Capital	BMO Capital	Buy Initiates $17	Buy	Initiates	$17	+138.55%	Feb 5, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

n/a

EPS This Year

-0.18

from -0.25

EPS Next Year

-0.21

from -0.18

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Nov 30, 2021	Nov 30, 2022	Nov 30, 2023	Nov 30, 2024	Nov 30, 2025	Nov 30, 2026
Revenue	-	-	-	-	-	-
Operating Income	-20.21M	-20.11M	-21.78M	-24.94M	-25.38M	-88.11M
Net Income	-40.54M	-53.34M	-46.80M	-45.62M	-94.66M	-58.65M
EPS	-	-	-	-	-0.25	-0.18
Free Cash Flow	66.92M	-35.35M	11.41M	-17.02M	-18.75M	-21.79M
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	n/a
Avg	n/a
Low	n/a

Revenue Growth

Revenue Growth	2027	2028
High	-
Avg	-
Low	-

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-0.18
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-