Nouveau Monde Graphite Inc. (NMG)
NYSE: NMG · IEX Real-Time Price · USD
1.831
-0.024 (-1.29%)
At close: Jul 2, 2024, 3:59 PM
1.830
-0.001 (-0.05%)
After-hours: Jul 2, 2024, 7:00 PM EDT
Nouveau Monde Graphite Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for NMG stock has a target of 3.25, which predicts an increase of 77.50% from the current stock price of 1.83.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 30, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for NMG 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $8 → $3.25 | Strong Buy | Maintains | $8 → $3.25 | +77.50% | May 30, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +336.92% | Nov 13, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +391.53% | Aug 23, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $17 → $9 | Strong Buy | Maintains | $17 → $9 | +391.53% | May 19, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $17 | Strong Buy | Reiterates | $17 | +828.45% | Feb 28, 2023 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-0.65
from -0.93
EPS Next Year
-0.46
from -0.65
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | n/a | n/a | 208.1M | 514.4M | 514.4M |
| Avg | n/a | n/a | 204.1M | 504.6M | 504.6M |
| Low | n/a | n/a | 194.2M | 480.1M | 480.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | 152.0% | 1.9% |
| Avg | - | - | - | 147.2% | - |
| Low | - | - | - | 135.2% | -4.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.59 | -0.40 |
| Avg | -0.65 | -0.46 |
| Low | -0.69 | -0.50 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.