NovaGold Resources Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for NovaGold Resources stock has a target of 10, which predicts an increase of 250.88% from the current stock price of 2.85.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$10	$10	$10	$10
Change	+250.88%	+250.88%	+250.88%	+250.88%

* Price targets were last updated on Jun 21, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for NG 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	Feb '23	Mar '23	Apr '23	May '23	Jun '23
Strong Buy	1	1	1	1	1
Buy	0	0	0	0	0
Hold	0	0	0	0	0
Sell	0	0	0	0	0
Strong Sell	0	0	0	0	0
Total	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lucas Pipes B. Riley Securities	B. Riley Securities	Strong Buy Reiterates $10	Strong Buy	Reiterates	$10	+250.88%	Jun 21, 2023
Lucas Pipes B. Riley Securities	B. Riley Securities	Strong Buy Maintains n/a	Strong Buy	Maintains	n/a	n/a	Mar 24, 2020
John Bridges JP Morgan	JP Morgan	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Apr 24, 2018
Lucas Pipes B. Riley Securities	B. Riley Securities	Strong Buy Initiates n/a	Strong Buy	Initiates	n/a	n/a	Dec 19, 2017

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

n/a

EPS This Year

-0.08

from -0.14

EPS Next Year

-0.08

from -0.08

Year	2019	2020	2021	2022	2023	2024	2025	2026
Revenue	-	-	-	-	-	-	-	-
Revenue Growth	-	-	-	-	-	-	-	-
EPS	-0.09	-0.10	-0.12	-0.16	-0.14	-0.08	-0.08	-0.11
EPS Growth	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	n/a	n/a
Avg	n/a	n/a
Low	n/a	n/a

Revenue Growth

Revenue Growth	2024	2025
High	-	-
Avg	-	-
Low	-	-

EPS Forecast

EPS	2024	2025	2026
High	-0.08	-0.08	-0.12
Avg	-0.08	-0.08	-0.11
Low	-0.08	-0.08	-0.11

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.